Dan Kaercher

Dan Kaercher

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Under Contract

$399,990

($37,969 down)
FHA

1318 Lewis Lane, Colorado Springs, CO 80915

4
3
1,610 sqft
PITI Monthly
$2,757.23 /mo

Listing courtesy of: Inger Hiller, NextHome Aspire

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,282 /mo
$2,500 /mo

What's Special

SHOPPING
DINING
MOVE-IN READY
LUXURY
HARDWOOD FLOORS
FIREPLACE
PATIO
COZY

Bright & Inviting Tri-Level with Pikes Peak Views. Welcome to this beautifully maintained tri-level home, where warmth and charm meet functionality. You’re welcomed by the living room’s high ceilings, giving the space a sense of openness and light. The hardwood floors lead you to a kitchen with plenty of cabinet space, flowing easily into the dining area. From there, sliding glass doors open to a large covered patio, where you can take in the stunning views of Pike's Peak and enjoy the expansive backyard. The family room, with its cozy gas fireplace, is perfect for relaxing after a long day. Upstairs, the primary bedroom offers hardwood floors and an en suite bath, creating a comfortable retreat. All of the upstairs bedrooms have hardwood floors which set it apart from other similar homes. New luxury vinyl plank was installed in the lower level. The lower bathroom is plumbed for a shower, just needs to be completed. Just around the corner from Patrick Elementary School and Henry Park, this home offers a blend of convenience and charm in a wonderful community. Located conveniently to ample shopping and amenities. House is move-in ready. Radon Mitigation system installed. Roof is 3 years old. AC, Furnace and Hot Water Heater is 2.5 years old. Exterior Paint is 3 years old. Interior Paint and rocker switches throughout are new. 2 car garage.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$2,757.23/mo
Estimated Loan Balance
$377,715
Cash to close
$37,969
Interest Paid
$45,821

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Lower Level
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
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, Frame
  • Roof: Shingle
Condition
  • Year Built: 1968
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $248.44
  • Tax Annual Amount: $761
  • On Market Date: 2025-01-31T00:00:00.000Z
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 $37,969 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $37,969!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$362,021
Your Cash$37,969
Total Purchase Price:$399,990

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,282/mo
Traditional @ 7.5%
$2,501/mo
You save $219/month ($2,631/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4181772

Listing From: recolorado

Last updated: 2025-03-24T17:47:20.000Z

© , 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

6.26%
7.15%

Principal & Interest

$2,282 /mo
$2,500 /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 $37,969 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $37,969!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$362,021
Your Cash$37,969
Total Purchase Price:$399,990

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,282/mo
Traditional @ 7.5%
$2,501/mo
You save $219/month ($2,631/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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