Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Under Contract

$395,000

($28,753 down)
VA

4812 Bailey Place, Colorado Springs, CO 80916

3
2
1,879 sqft
PITI Monthly
$1,883.31 /mo

Listing courtesy of: Camellia Coray, Coldwell Banker Realty BK

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,647 /mo
$2,645 /mo

What's Special

LOCATION
DINING
SPACIOUS
FIREPLACE
DECK
FENCED YARD
CUL-DE-SAC
COZY

**January 2025 - New paint in primary bedroom and new carpet second bedroom on upper level** This wonderful cul-de-sac property offers a blend of comfort and convenience, a bi-level layout balance of living spaces with private quarters. Greeted by a cozy layout that opens to the living room, the lighting fixtures for the upper level were updated in February 2024. The kitchen features granite tile counters & a peninsula with barstool seating and sits adjacent to the dining area, perfect for casual meals or entertaining. The combination kitchen/dining then walks out to the wood deck with views to the mountains & steps down to the fully fenced yard. Also on the upper level are the primary bedroom, a secondary bedroom, and a full bath. The downstairs family room is a spacious L-shape with a woodburning fireplace. This level includes a large third bedroom, a 3/4 bathroom, and laundry space. Local amenities, including grocery stores, cafes, and parks, ensure that daily needs are met with ease. Additionally, the nearby Powers corridor opens up a world of extra adventures and amenities within Colorado Springs, enhancing the overall living experience. Conveniently located, this neighborhood provides easy access to Colorado Springs Airport and Peterson Air Force Base, making commuting and travel a breeze. With its combination of practical features and appealing location, this property is an excellent choice for those looking for a comfortable and well-connected home.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,883.31/mo
Estimated Loan Balance
$375,667
Cash to close
$28,753
Interest Paid
$41,149

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Laminate, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle
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: Architecural Shingle
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Southborough
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $210.22
  • Tax Annual Amount: $1038
  • On Market Date: 2024-07-11T00:00:00.000Z
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 $28,753 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $28,753!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$366,247
Your Cash$28,753
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,647/mo
Traditional @ 7.5%
$2,744/mo
You save $1,097/month ($13,161/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6612746

Listing From: recolorado

Last updated: 2025-03-26T15:47:20.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,647 /mo
$2,645 /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 $28,753 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $28,753!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$366,247
Your Cash$28,753
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,647/mo
Traditional @ 7.5%
$2,744/mo
You save $1,097/month ($13,161/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

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.