Dan Kaercher

Dan Kaercher

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Closed

$975,000

($493,230 down)
FHA

1284 S Elizabeth Street, Denver, CO 80210

4
3
2,822 sqft
PITI Monthly
$3,281.19 /mo

Listing courtesy of: Grace Kennedy, eXp Realty, LLC

Assumed Rate

3.27%
7.15%

Principal & Interest

$2,313 /mo
$3,581 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
FINISHED BASEMENT
HISTORIC
CHARMING

Charming Cory Merrill Home – Unbeatable Location, Exceptional Features Nestled in the heart of the highly sought-after Cory Merrill neighborhood, this meticulously maintained home combines style, comfort, and convenience in one of Denver’s premier locations. With its tree-lined streets and access to award-winning schools, this property offers an unparalleled living experience. Boasting 4 bedrooms, 3 bathrooms, and a spacious finished basement, this home provides plenty of room to live, work, and entertain. The basement even features a storage room with the potential to be converted into a fifth bedroom. Golf enthusiasts will love the private putting green, while the unique breezeway connecting the 2-car garage to the home serves as a versatile space—perfect as a mudroom, office, or sunroom. Designed for entertaining, the breezeway also includes a garage door window and bar-top seating, blending indoor-outdoor living effortlessly. The home’s new roof (2025) ensures peace of mind, while its proximity to some of Denver’s best amenities truly sets it apart. Located just minutes from Wash Park, Bonnie Brae Park, Cherry Creek shopping district, historic Gaylord Street, and Cherry Creek North, you'll have the best of urban living at your doorstep. Plus, with easy access to major highways, trips downtown or to the mountains are a breeze. This is a rare opportunity to own a home in Cory Merrill priced under $1 million—offering exceptional value in one of Denver's most desirable neighborhoods. Don’t miss out—schedule your showing today and experience all that makes Denver living so special!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.27
Remaining Loan Term
25 years, 5 months
Monthly PITI
$3,281.19/mo
Estimated Loan Balance
$485,386
Cash to close
$493,230
Interest Paid
$75,777

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Electric Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $345.5
  • Tax Annual Amount: $4507
  • On Market Date: 2025-01-24T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $493,230 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $493,230!

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

Loan Breakdown

Assumed Mortgage3.27% Sellers Rate
$481,770
Your Cash:$493,230
Total Purchase Price:$975,000

Assumed vs Traditional Mortgage

Assumed @ 3.27%
$2,313/mo
Traditional @ 7.5%
$3,715/mo
You save $1,401/month ($16,815/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2213438

Listing From: recolorado

Last updated: 2025-02-24T16:27:16.000Z

© , 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

3.27%
7.15%

Principal & Interest

$2,313 /mo
$3,581 /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 $493,230 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $493,230!

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

Loan Breakdown

Assumed Mortgage3.27% Sellers Rate
$481,770
Your Cash:$493,230
Total Purchase Price:$975,000

Assumed vs Traditional Mortgage

Assumed @ 3.27%
$2,313/mo
Traditional @ 7.5%
$3,715/mo
You save $1,401/month ($16,815/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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