Dan Kaercher

Dan Kaercher

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Closed

$650,000

($386,175 down)
FHA

3011 Pierce Street, Wheat Ridge, CO 80214

5
2
2,411 sqft
PITI Monthly
$2,283.36 /mo

Listing courtesy of: Joseph Mooney, Keller Williams Realty Downtown LLC

Assumed Rate

3.46%
7.15%

Principal & Interest

$1,579 /mo
$2,387 /mo

What's Special

LOCATION
SERENE
MINUTES AWAY
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
CHARMING
MOTIVATED SELLER
INVESTMENT OPPORTUNITY

MOTIVATED SELLER JUST IMPROVED THE PRICE BY $30,000 AND IS OFFERING A CONCESSION OF $10,000 AT CLOSING TO BE USED HOWEVER THE BUYER WISHES, SUCH AS CLOSING COSTS, DOWN PAYMENT, OR DISCOUNT POINTS. This spacious 5-bedroom, 2-bathroom gem is perfectly situated on a generous 10,850 square foot lot with new sod, and a fire pit, offering ample space for outdoor activities and future expansions. The property boasts a detached 2-car garage, providing convenient and secure parking. Both the house and the garage have brand new roofs, ensuring durability and peace of mind for years to come. Step inside to discover a beautifully updated interior, featuring brand new countertops in the kitchen, fresh interior paint throughout, and plush new carpeting in the basement. The basement also includes an updated bathroom, making it an ideal space for guests or additional living quarters. Location is key, and this home does not disappoint. You are just a 5-minute drive from the serene Sloans Lake, perfect for weekend picnics and outdoor adventures. Additionally, the charming Olde Towne Arvada is only 10 minutes away, offering a variety of dining, shopping, and entertainment options. For those who work or play in the city, downtown Denver is a mere 15-minute commute. This property is not only a fantastic place to call home but also a great investment opportunity. Zoned R-2, the home can be converted into a duplex, and there is the possibility of adding an ADU (Accessory Dwelling Unit) above the garage for additional rental revenue. Don’t miss out on this rare find – it’s the perfect blend of comfort, convenience, and potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.46
Remaining Loan Term
21 years, 7 months
Monthly PITI
$2,283.36/mo
Estimated Loan Balance
$295,299
Cash to close
$386,175
Interest Paid
$93,948

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
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
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Barths
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Wheat Ridge

Financial Details

  • Price per Sqft: $269.6
  • Tax Annual Amount: $3443
  • On Market Date: 2024-06-13T00:00:00.000Z
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 $386,175 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $386,175!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$263,825
Your Cash:$386,175
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$1,579/mo
Traditional @ 7.5%
$2,476/mo
You save $897/month ($10,764/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1857036

Listing From: recolorado

Last updated: 2024-10-01T18:07:34.000Z

© , 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

3.46%
7.15%

Principal & Interest

$1,579 /mo
$2,387 /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 $386,175 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $386,175!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$263,825
Your Cash:$386,175
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$1,579/mo
Traditional @ 7.5%
$2,476/mo
You save $897/month ($10,764/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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