Dan Kaercher

Dan Kaercher

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Under Contract

$299,000

($31,996 down)
FHA

325 Roundhouse Street, Hugo, CO 80821

3
2
1,492 sqft
PITI Monthly
$1,988.12 /mo

Listing courtesy of: Norma Morales, HomeSmart Realty

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,564 /mo
$1,857 /mo

What's Special

PATIO
SPRINKLER SYSTEM
HISTORIC
CHARMING

This beautifully maintained rural property in Eastern Colorado offers a charming 3-bedroom, 2-bathroom home situated in the historic town of Hugo. Sitting on over a third of an acre on a corner lot, this residence boasts a range of features including a fenced backyard, concrete patio, fully powered workshop, and a detached 2-car garage. Enjoy the privacy and security of the 6-foot fence and sprinkler system in the backyard, along with the convenience of a doggie door for your pets. Relax on the front porch with a pergola overhead, ideal for morning coffee or evening relaxation. The open kitchen features views of the backyard, a gas range, solid hickory cabinets, and a stainless steel double sink. Located in a rural area on the Eastern plains, this property offers easy access to major highways like I-70 and Highway 24 for trips to nearby cities. Hugo provides all essential amenities including fuel, groceries, auto repair, hospitals, high-speed internet, schools, parks, and recreational facilities. If you're seeking a special home, don't miss the opportunity to view this one – you won't be disappointed.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,988.12/mo
Estimated Loan Balance
$274,928
Cash to close
$31,996
Interest Paid
$39,753

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None, Other
  • Heating: Forced Air
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Modular
Materials
  • Other
  • Roof: Composition
Condition
  • Year Built: 2010
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Solomon Addition
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Hugo

Financial Details

  • Price per Sqft: $200.4
  • Tax Annual Amount: $947
  • On Market Date: 2024-04-27T00:00:00.000Z
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 $31,996 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $31,996!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$267,005
Your Cash$31,996
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,564/mo
Traditional @ 7.5%
$1,926/mo
You save $362/month ($4,340/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8040978

Listing From: recolorado

Last updated: 2025-02-21T16:48:16.000Z

© , 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

5.52%
7.15%

Principal & Interest

$1,564 /mo
$1,857 /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 $31,996 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $31,996!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$267,005
Your Cash$31,996
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,564/mo
Traditional @ 7.5%
$1,926/mo
You save $362/month ($4,340/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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