Dan Kaercher

Dan Kaercher

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Closed

$535,000

($243,186 down)
FHA

25586 County Road 61, Elbert, CO 80106

3
2
1,700 sqft
PITI Monthly
$2,209.79 /mo

Listing courtesy of: Julie Atkinson, RE/MAX ACCORD

Assumed Rate

4.87%
7.15%

Principal & Interest

$1,714 /mo
$2,188 /mo

What's Special

FIREPLACE

Great horse property features a ranch style home with huge shop and barn! This home has a low maintenance brick exterior and offers 3 bedrooms and 2 full bathrooms. The open floor plan features a large open kitchen, sunroom with title floors and lots of natural light and living room with wood burning fireplace. The brick work on this property is absolutely amazing and there is a fully bricked court yard area. The massive 50 x 80 shop is bricked on several sides and features a concrete floor, bathroom, water and 220 power. The horse barn is approximately 40 x 60 and has four stalls, tack room, power and water. There is also a 12 x 48 ft shed row with tack room. The three sided shed houses a "Generac" generator that provides back up power for the home and the shop and there is also an underground storm cellar. The horse amenities include a round pen, pipe corrals and property is cross fenced into several pastures. The property is located on a county maintained road and within the Elbert School District which offers a newer "State of the Art" school. This property has no covenants, domestic well and new septic is in process. Don't miss this opportunity. This property has so much to offer for the price! All measurements are approximate

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.87
Remaining Loan Term
23 years, 9 months
Monthly PITI
$2,209.79/mo
Estimated Loan Balance
$323,711
Cash to close
$243,186
Interest Paid
$93,655

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Propane
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Fenced Pasture, Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 12
  • 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: Traditional
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rurala
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Elbert

Financial Details

  • Price per Sqft: $314.71
  • Tax Annual Amount: $1198
  • On Market Date: 2024-11-05T00:00:00.000Z
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 $243,186 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $243,186!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$291,814
Your Cash$243,186
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$1,714/mo
Traditional @ 7.5%
$2,270/mo
You save $556/month ($6,675/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4258692

Listing From: recolorado

Last updated: 2025-01-13T16:58:16.000Z

© , 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

4.87%
7.15%

Principal & Interest

$1,714 /mo
$2,188 /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 $243,186 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $243,186!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$291,814
Your Cash$243,186
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$1,714/mo
Traditional @ 7.5%
$2,270/mo
You save $556/month ($6,675/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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