Dan Kaercher

Dan Kaercher

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$650,000

($352,710 down)
VA

1558 Lily Lake Drive, Colorado Springs, CO 80921

4
4
3,253 sqft
PITI Monthly
$1,683.99 /mo

Listing courtesy of: Nathan Rains, Exp Realty LLC

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,347 /mo
$2,222 /mo

What's Special

DINING
SPACIOUS
MOVE-IN READY
HARDWOOD FLOORS
FIREPLACE
WALK-IN CLOSET
MASTER SUITE
SOAKING TUB
FINISHED BASEMENT
DECK
MATURE TREES
LANDSCAPED

This stunning 4/4/3 stucco home in the sought-after Trail Ridge South neighborhood features an exceptional floor plan designed for effortless entertaining. Ideally located near the Air Force Academy with easy access to I-25, this property offers convenience and charm. Relax and enjoy the Colorado sunshine on the inviting front porch or the expansive back deck. Inside, the open living and dining areas boast soaring ceilings and large windows that flood the space with natural light. A 3-sided fireplace elegantly separates the formal dining room from the great room, which includes a TV niche and built-in shelving. The bright and sunny eat-in kitchen is a chef's delight, complete with an island, gas range, hardwood floors, and ample storage in the pantry and cabinetry. The main level also features a spacious laundry/mud room with an additional large pantry, and a half bath. Upstairs, the loft offers a perfect office or play space. The master suite includes a french door entry, a large walk-in closet, a freestanding shower, and a relaxing soaking tub. Two additional upper-level bedrooms share a full bath. The finished basement is perfect for recreation, featuring a large room with space for gaming tables and a large screen TV. A fourth bedroom and three-quarter bath provide extra space for guests. The large fenced backyard is beautifully landscaped with mature trees. Additional features include a 3-car garage, central air, a humidifier, and ample storage. Located within the D-20 school district, this home offers peak views and large windows throughout, making it incredibly bright. Well-maintained and sure to impress even the pickiest buyers, this home is easy to show and move-in ready!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,683.99/mo
Estimated Loan Balance
$338,606
Cash to close
$352,710
Interest Paid
$36,252

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Main Level, One
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Frame
  • Roof: Shingle
Condition
  • Year Built: 2003
Details
  • Builder: Vantage Hm Corp

Community & HOA

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

Financial Details

  • Price per Sqft: $199.82
  • Tax Annual Amount: $2047.21
  • On Market Date: 2025-04-02T21:38:53.000Z
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 $352,710 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $352,710!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$297,290
Your Cash:$352,710
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,347/mo
Traditional @ 7.5%
$2,305/mo
You save $958/month ($11,501/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7391211

Listing From:

Last updated: 2025-03-04T00:35:06.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,347 /mo
$2,222 /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 $352,710 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $352,710!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$297,290
Your Cash:$352,710
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,347/mo
Traditional @ 7.5%
$2,305/mo
You save $958/month ($11,501/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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