Dan Kaercher

Dan Kaercher

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Under Contract

$299,000

($220,643 down)
FHA

217 E Minstrel Drive, Divide, CO 80814

3
2
2,176 sqft
PITI Monthly
$951.96 /mo

Listing courtesy of: Jessica Schwab PSA , Coldwell Banker 1st Choice Realty

Assumed Rate

5.25%
7.15%

Principal & Interest

$652 /mo
$797 /mo

What's Special

DINING
SPACIOUS
FIREPLACE

This well laid out home is located in the Sherwood Forest subdivision, with easy access to Hwy 24, making any sort of commute a breeze. With 3 well-appointed bedrooms and 2 bathrooms, this property features a spacious split floor plan that maximizes comfort and privacy. Step inside to discover a layout that seamlessly connects the living, dining, and kitchen areas, perfect for entertaining or enjoying family time. An additional office provides a quiet space for remote work or creative pursuits. This home features amenities such as a floor to ceiling, stone adorned fireplace, oversized kitchen pantry and functional laundry area. The home is topped with a durable metal roof, ensuring longevity and low maintenance and the .66 acre lot is level and offers great opportunity for usability!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.25
Remaining Loan Term
14 years, 3 months
Monthly PITI
$951.96/mo
Estimated Loan Balance
$78,971
Cash to close
$220,643
Interest Paid
$83,510

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Main Level, Wood Burning
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Metal
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Metal
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sherwood Forest
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Divide

Financial Details

  • Price per Sqft: $137.41
  • Tax Annual Amount: $799
  • On Market Date: 2025-04-02T22:02:17.000Z
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 $220,643 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $220,643!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$78,357
Your Cash:$220,643
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$652/mo
Traditional @ 7.5%
$827/mo
You save $175/month ($2,102/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7832145

Listing From:

Last updated: 2025-03-24T16:03:24.000Z

© , 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

5.25%
7.15%

Principal & Interest

$652 /mo
$797 /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 $220,643 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $220,643!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$78,357
Your Cash:$220,643
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$652/mo
Traditional @ 7.5%
$827/mo
You save $175/month ($2,102/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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