Dan Kaercher

Dan Kaercher

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Closed

$256,977

($174,279 down)
FHA

1368 N Downing Street UNIT 3, Denver, CO 80218

1
1
591 sqft
PITI Monthly
$928.2 /mo

Listing courtesy of: William Wallace, Brokers Guild Real Estate

Assumed Rate

4.56%
7.15%

Principal & Interest

$612 /mo
$810 /mo

What's Special

DINING
MODERN
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
COZY
EFFICIENT

Welcome to your downtown Denver retreat, a perfect blend of urban chic and rustic charm. This captivating studio features an open, efficient layout that seamlessly combines living, dining, and sleeping spaces, creating a flexible and inviting environment. High ceilings and expansive windows flood the space with natural light, offering stunning views of Denver's skyline and the Rocky Mountains beyond. The character-rich exposed brick, artisan-crafted solid hardwood floors, and sleek ceramic tile reflect Denver’s industrial roots, while contemporary finishes, including stainless steel appliances and stylish fixtures, bring a modern edge. The well-appointed kitchen features sleek, space-saving cabinetry, maximizing storage while providing a cozy area ideal for seasonal gatherings or doubling as a convenient workstation. Minimalist lighting and chic ceiling fan throughout the space add both functionality and a stylish, modern touch. In-unit laundry facilities make freshening up quick and easy, so you can enjoy the building’s shared amenities—perfect for socializing or unwinding after a day in the vibrant city. With Denver’s top attractions, dining, and cultural spots just steps away, this downtown studio offers the ideal balance of comfort, convenience, and urban energy for professionals or anyone drawn to a dynamic lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.56
Remaining Loan Term
15 years, 5 months
Monthly PITI
$928.2/mo
Estimated Loan Balance
$83,584
Cash to close
$174,279
Interest Paid
$68,360

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Other
  • Heating: Hot Water
Features
  • Materials: Brick, Cement Siding, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Urban Contemporary
Materials
  • Brick, Cement Siding, Stucco
  • Roof: Composition
Condition
  • Year Built: 1901
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Capital Hill
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Marquette Management
  • HOA Amenities: Unknown
  • HOA Fee: $324
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $434.82
  • Tax Annual Amount: $976
  • On Market Date: 2024-11-10T00:00:00.000Z
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 $174,279 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $174,279!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$82,698
Your Cash:$174,279
Total Purchase Price:$256,977

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$612/mo
Traditional @ 7.5%
$840/mo
You save $228/month ($2,739/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3631772

Listing From: recolorado

Last updated: 2025-03-29T17:55:21.000Z

© , 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

4.56%
7.15%

Principal & Interest

$612 /mo
$810 /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 $174,279 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $174,279!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$82,698
Your Cash:$174,279
Total Purchase Price:$256,977

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$612/mo
Traditional @ 7.5%
$840/mo
You save $228/month ($2,739/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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