Dan Kaercher

Dan Kaercher

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$620,000

($399,559 down)
FHA

404 E 8th Street, Leadville, CO 80461

4
2
1,326 sqft
PITI Monthly
$1,766.18 /mo

Listing courtesy of: Robert Schalk, Schalk & Co

Assumed Rate

4.57%
7.15%

Principal & Interest

$1,279 /mo
$1,691 /mo

What's Special

HISTORIC
CHARMING

Updated 1880s beauty with delightful appeal on the sought-after east side of town! Just a short walk to historic downtown Leadville, this charming home offers breathtaking views over the Leadville Railroad to the surrounding peaks. Perfect as your mountain home, retreat, or rental property as it features 4 bedrooms and 2 bathrooms and great entertaining space. Recent updates include a new furnace and interior paint in 2024, as well as tile, appliances, flooring, water heater, garage door opener, exterior paint, water line, sidewalk, and laminate flooring improvements over the past few years. The oversized garage includes a second-story shop, providing ample space for storage or projects. Leadville offers a paradise for outdoor enthusiasts, with opportunities for skiing, fishing, biking, dog sledding, mountain walks, and hiking. Come explore this beautiful home and make it yours today! SHOWINGS BLACKOUT DUE TO OCCUPANCY SAT-MON 3/15-3/17

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.57
Remaining Loan Term
23 years, 4 months
Monthly PITI
$1,766.18/mo
Estimated Loan Balance
$221,315
Cash to close
$399,559
Interest Paid
$71,947

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Metal Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Metal
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: Chalet
Materials
  • Metal Siding
  • Roof: Metal
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stray Horse
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Leadville

Financial Details

  • Price per Sqft: $467.57
  • Tax Annual Amount: $1717
  • On Market Date: 2025-03-01T00:00:00.000Z
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 $399,559 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $399,559!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$220,441
Your Cash:$399,559
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$1,279/mo
Traditional @ 7.5%
$1,754/mo
You save $475/month ($5,701/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1829305

Listing From: recolorado

Last updated: 2025-03-11T20:37:20.000Z

© , 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

4.57%
7.15%

Principal & Interest

$1,279 /mo
$1,691 /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 $399,559 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $399,559!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$220,441
Your Cash:$399,559
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$1,279/mo
Traditional @ 7.5%
$1,754/mo
You save $475/month ($5,701/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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