Dan Kaercher

Dan Kaercher

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Closed

$875,000

($283,275 down)
FHA

185 W Archer Place, Denver, CO 80223

4
2
1,836 sqft
PITI Monthly
$3,561.65 /mo

Listing courtesy of: Vivi Gloriod, HomeSmart

Assumed Rate

2.94%
7.15%

Principal & Interest

$2,643 /mo
$4,267 /mo

What's Special

REMODELED
DINING
HARDWOOD FLOORS
HISTORIC
NO HOA

Historic Brick duplex across from Dailey park both sides offer 1 bed, 1 bath with living room, dining room and kitchen upstairs on main level. The full basements can be made into several more bedrooms and includes laundry! Each unit has a private garage and yard! The beautiful hardwood floors and tall ceilings are just a few of the highlights to include big bountiful backyards, perfect for croquet. The units have been remodeled and would be perfect for an owner to buy and live in one side and rent the other or do Airbnb. If all this wasn’t enough, the seller has an FHA mortgage of 2.49% that is assumable, the current mortgage to assume is $592,196 for those who qualify! No HOA, perfectly maintained, this is your chance to grab two properties for the price of one with an historically low interest rate.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
26 years, 3 months
Monthly PITI
$3,561.65/mo
Estimated Loan Balance
$592,916
Cash to close
$283,275
Interest Paid
$66,893

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition, Rolled/Hot Mop
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: Duplex
  • Architectural Style: Bungalow
Materials
  • Brick
  • Roof: Composition, Rolled/Hot Mop
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $476.58
  • Tax Annual Amount: $3056
  • On Market Date: 2024-01-12T00:00:00.000Z
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 $283,275 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $283,275!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$591,725
Your Cash$283,275
Total Purchase Price:$875,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,643/mo
Traditional @ 7.5%
$4,426/mo
You save $1,783/month ($21,393/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8216109

Listing From: recolorado

Last updated: 2024-06-14T23:38:16.000Z

© , 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

2.94%
7.15%

Principal & Interest

$2,643 /mo
$4,267 /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 $283,275 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $283,275!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$591,725
Your Cash$283,275
Total Purchase Price:$875,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,643/mo
Traditional @ 7.5%
$4,426/mo
You save $1,783/month ($21,393/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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