Dan Kaercher

Dan Kaercher

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$799,000

($356,748 down)
FHA

3801 Oak Street, Wheat Ridge, CO 80033

3
2
1,709 sqft
PITI Monthly
$2,926.5 /mo

Listing courtesy of: Jay Stickney, Brix Real Estate LLC

Assumed Rate

3.07%
7.15%

Principal & Interest

$2,026 /mo
$3,216 /mo

What's Special

SHOPPING
MODERN
RENOVATED
NO HOA
RENTAL INCOME
RETIREMENT

THIS PROPERTY IS GOING TO MAKE THE NEXT HOMEOWNER OR INVESTOR VERY RICH. This Applewood Estates neighborhood home on a corner lot is zoned R-3 and located on a massive 12.589 sg/ft. lot. There are almost limitless opportunities for those buyers with vision, who can recognize the enormous potential. For the more traditional homebuyer, this is a home that has been renovated & updated just over 4 years ago and features a professional, modern kitchen with granite counters, gas stoves & double ovens. warm, inviting features that greet those who don't want the cookie-cutter designs offered today. The separate music studio could then become an ADU, with potential rental income of $1,500-$2,200/month or utilized as a mother-in-law or guest suite. For the investor/developer, the city has approved building a triplex up to 3 stories high, with multiple projects in the neighborhood at $800,000+ each for townhomes. Perhaps the greatest ROI will be for the investor/developer that decides to build an approved 8-unit/one building ASSISTED LIVING-retirement center. Similar-sized projects are grossing anywhere from $30,000-$40,000 per month. This coveted neighborhood is close to I-70 and a quick escape to the Mountains. Great proximity to shopping, restaurants & all that Wheat ridge & Golden have to offer. NO HOA. Bring your RV's & Boats. This magnificent & sprawling property is now PRICED TO SELL. Please check the neighborhood comps & it won't be difficult to see both the immediate & long-term opportunities in front of you. At only $799,000, please act quickly.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,926.5/mo
Estimated Loan Balance
$454,619
Cash to close
$356,748
Interest Paid
$47,068

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Vinyl, 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: Mountain Contemporary
Materials
  • Stone, Stucco
  • Roof: Composition
Condition
  • Year Built: 1917
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $467.52
  • Tax Annual Amount: $4161
  • On Market Date: 2025-04-03T00:00:00.000Z
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 $356,748 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $356,748!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$442,252
Your Cash$356,748
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,026/mo
Traditional @ 7.5%
$3,336/mo
You save $1,311/month ($15,726/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4829371

Listing From: recolorado

Last updated: 2025-04-03T17:40:25.000Z

© , 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

3.07%
7.15%

Principal & Interest

$2,026 /mo
$3,216 /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 $356,748 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $356,748!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$442,252
Your Cash$356,748
Total Purchase Price:$799,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,026/mo
Traditional @ 7.5%
$3,336/mo
You save $1,311/month ($15,726/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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