Dan Kaercher

Dan Kaercher

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Under Contract

$400,000

($18,069 down)
FHA

14991 E Elk Place, Denver, CO 80239

2
1
846 sqft
PITI Monthly
$2,985.46 /mo

Listing courtesy of: Ryan Urban, Keller Williams Trilogy

Assumed Rate

6.85%
7.15%

Principal & Interest

$2,518 /mo
$2,595 /mo

What's Special

LOCATION
DINING
SPACIOUS
MODERN
HOME OFFICE
PRIVATE BACKYARD
PUBLIC TRANSPORTATION
COZY

Welcome to this beautifully updated 2-bedroom, 1-bathroom home in the heart of Denver! This cozy and inviting property offers modern upgrades, including a brand-new roof and new siding, ensuring peace of mind for years to come. Key Features: 2 Bedrooms: Spacious rooms with ample natural light, perfect for relaxation or creating a home office. 1 Bathroom: Recently updated with modern fixtures, offering both style and function. New Roof & Siding: Major updates recently completed, adding long-lasting durability and curb appeal. Bright and Airy Living Spaces: Open layout that allows for easy flow between the living and dining areas. Updated Kitchen: Featuring sleek countertops, modern oven, microwave, refrigerator, and plenty of space for cooking and entertaining. Private Backyard: Ideal for outdoor gatherings, gardening, or simply enjoying the fresh air. Prime Location: Located in a desirable Denver neighborhood, close to shops, restaurants, parks, and public transportation. Don't miss your chance to make this lovely home yours! Whether you're a first-time homebuyer or looking for a cozy retreat in a vibrant city, this property is ready to welcome you. Schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.85
Remaining Loan Term
29 years, 5 months
Monthly PITI
$2,985.46/mo
Estimated Loan Balance
$397,903
Cash to close
$18,069
Interest Paid
$15,314

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Laminate

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, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $472.81
  • Tax Annual Amount: $1699
  • On Market Date: 2025-03-12T00:00:00.000Z
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 $18,069 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $18,069!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$381,931
Your Cash$18,069
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$2,518/mo
Traditional @ 7.5%
$2,692/mo
You save $174/month ($2,090/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9139729

Listing From: recolorado

Last updated: 2025-03-20T22:35:21.000Z

© , 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

6.85%
7.15%

Principal & Interest

$2,518 /mo
$2,595 /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 $18,069 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $18,069!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$381,931
Your Cash$18,069
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$2,518/mo
Traditional @ 7.5%
$2,692/mo
You save $174/month ($2,090/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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