Dan Kaercher

Dan Kaercher

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Under Contract

$270,000

($30,024 down)
FHA

1303 Coventry Drive, Colorado Springs, CO 80906

3
1
1,125 sqft
PITI Monthly
$1,500.16 /mo

Listing courtesy of: Julia Vanwagenen, HomeSmart

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,079 /mo
$1,787 /mo

What's Special

INVESTORS
LOCATION
SPACIOUS
DECK
CHARMING

This charming home is ready for some cosmetic TLC and is priced for investors looking to add value. The home features a brand-new furnace, A/C, and upgraded electrical system, along with a 2021 sewer line replacement, ensuring peace of mind for years to come. This home has good bones. Inside, you'll find a spacious 3-bedroom layout plus a versatile bonus room, perfect for an office, craft room, or potential 4th bedroom. The kitchen boasts a gas stove, built-in microwave, refrigerator, and dishwasher. It has a large covered back deck that overlooks a generous backyard with a 8x12 storage shed – all ready for your personal touch. This home is a perfect opportunity for investors looking for a solid property in a prime location. With a little cosmetic work, this home will shine! Don’t miss out – schedule your showing today.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,500.16/mo
Estimated Loan Balance
$240,506
Cash to close
$30,024
Interest Paid
$28,278

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $240
  • Tax Annual Amount: $1010.82
  • On Market Date: 2025-04-02T21:31:20.000Z
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 $30,024 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $30,024!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$239,976
Your Cash$30,024
Total Purchase Price:$270,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,079/mo
Traditional @ 7.5%
$1,853/mo
You save $775/month ($9,298/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6206417

Listing From:

Last updated: 2025-02-13T19:29:44.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,079 /mo
$1,787 /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 $30,024 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $30,024!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$239,976
Your Cash$30,024
Total Purchase Price:$270,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,079/mo
Traditional @ 7.5%
$1,853/mo
You save $775/month ($9,298/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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