Dan Kaercher

Dan Kaercher

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Closed

$220,000

($186,118 down)
FHA

12534 E Cornell Avenue UNIT 101, Aurora, CO 80014

1
1
786 sqft
PITI Monthly
$772.38 /mo

Listing courtesy of: Samantha Wood, C3 Real Estate Solutions, LLC

Assumed Rate

5.5%
7.15%

Principal & Interest

$492 /mo
$585 /mo

What's Special

REMODELED
SHOPPING
FIREPLACE
WALK-IN CLOSET
PATIO
CLUBHOUSE

Lower HOA, Blue Ribbon 14-Month Gold Plan Home Warranty and concessions to use towards replacing carpet or however you please! Unit was previously used as rental and buyer has the option to do the same. The 2009 remodeled kitchen in this ground level 1 bed 1 bath condo is what sets this unit apart from all others in the complex! Galley kitchen and has more counter and cabinet space! All appliances included, including a brand-new glass stove top oven, microwave, kitchen sink and faucet. Higher quality sliding glass patio door opens to the southeast, conveniently walk to the recently updated King Soopers shopping center which includes new restaurants, retail shopping and services. Wood-Burning Fireplace, primary bedroom features a large walk-in closet and bathroom with oversized shower with glass doors. Laundry room has plenty of storage and a door to the bathroom. Community amenities include walking paths, outdoor pool, clubhouse, tennis court, and common areas. This property has 2 reserved parking spaces with permits and is close to the pool. RTD Nine-Mile Light Rail Station, Denver Tech Center, I-225 and I-25 all close by.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
6 years, 5 months
Monthly PITI
$772.38/mo
Estimated Loan Balance
$40,328
Cash to close
$186,118
Interest Paid
$84,392

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spinnaker Run Condos
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Spinnaker Run Condo Assoc.
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Monthly
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $279.9
  • Tax Annual Amount: $832
  • On Market Date: 2024-09-28T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $186,118 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $186,118!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$33,882
Your Cash:$186,118
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$492/mo
Traditional @ 7.5%
$607/mo
You save $115/month ($1,380/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1019621

Listing From: recolorado

Last updated: 2025-03-27T02:57:41.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

5.5%
7.15%

Principal & Interest

$492 /mo
$585 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $186,118 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $186,118!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$33,882
Your Cash:$186,118
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$492/mo
Traditional @ 7.5%
$607/mo
You save $115/month ($1,380/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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