Dan Kaercher

Dan Kaercher

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Closed

$335,000

($130,753 down)
FHA

304 Iris Drive, Fountain, CO 80817

4
3
2,137 sqft
PITI Monthly
$1,568.45 /mo

Listing courtesy of: Wisdom Real Estate, Wisdom Real Estate

Assumed Rate

4.44%
7.15%

Principal & Interest

$1,161 /mo
$1,558 /mo

What's Special

SHOPPING
FIREPLACE
PATIO
CHARMING
COZY

Welcome to this charming ranch-style home in the friendly small-town of Fountain! Located along I-25 and Fountain Creek, this home offers quick 10-minute access to Colorado Springs, combining convenience with a cozy community feel. This warm and inviting home features 4-bedrooms and 3 full bathrooms, providing ample space for family and guests. This home is ready for your personal touch to bring out its full potential, and the seller is offering a $2,000 concession for flooring updates. The main level features hardwood flooring throughout, a warm wood-burning fireplace in the living room, two bedrooms, two bathrooms, and convenient main floor laundry. Downstairs you'll find two additional bedrooms and full bathroom. The property includes a 1-car attached garage with space for two additional vehicles in the driveway. The fenced backyard features a concrete and wood patio, perfect for outdoor entertaining and relaxation. Less than a mile from Olde Town Fountain, you’ll have easy access to shopping, great restaurants, salons, theaters, and more. The town of Fountain offers amazing views of Pikes Peak & The Front Range and has numerous parks, open space, and trail systems for the outdoor enthusiast. Don’t miss the opportunity to make this lovely home your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.44
Remaining Loan Term
23 years, 1 months
Monthly PITI
$1,568.45/mo
Estimated Loan Balance
$220,156
Cash to close
$130,753
Interest Paid
$66,577

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fountain Valley
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fountain

Financial Details

  • Price per Sqft: $156.76
  • Tax Annual Amount: $1129
  • On Market Date: 2024-07-18T00:00:00.000Z
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 $130,753 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $130,753!

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

Loan Breakdown

Assumed Mortgage4.44% Sellers Rate
$204,247
Your Cash$130,753
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 4.44%
$1,161/mo
Traditional @ 7.5%
$1,617/mo
You save $456/month ($5,467/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7193390

Listing From: recolorado

Last updated: 2024-10-01T18:11:04.000Z

© , 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

4.44%
7.15%

Principal & Interest

$1,161 /mo
$1,558 /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 $130,753 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $130,753!

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

Loan Breakdown

Assumed Mortgage4.44% Sellers Rate
$204,247
Your Cash$130,753
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 4.44%
$1,161/mo
Traditional @ 7.5%
$1,617/mo
You save $456/month ($5,467/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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