Dan Kaercher

Dan Kaercher

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$320,000

($93,273 down)
FHA

501 Euclid Street, Fort Morgan, CO 80701

4
2
1,931 sqft
PITI Monthly
$1,491.75 /mo

Listing courtesy of: Angie Milinazzo, What's Next-Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,025 /mo
$1,691 /mo

What's Special

REMODELED
MINUTES AWAY
DINING
SPACIOUS
MODERN
FINISHED BASEMENT
HOME OFFICE
WALKING TRAILS
HISTORIC
INVESTMENT OPPORTUNITY

Discover the opportunity to build sweat equity in this 4-bedroom, 2-bathroom home nestled on a corner lot in the growing community of Fort Morgan. This early 20th-century gem blends historical charm with exciting potential, offering the perfect canvas to make it your own. Step inside to find a spacious, remodeled living area featuring brand-new LVP flooring and abundant natural light. The open dining area is ideal for gatherings, while the kitchen boasts ample cabinetry and a functional layout for both cooking and entertaining. The primary bedroom provides a peaceful retreat, with two additional bedrooms upstairs and a 3/4 bath, offering versatility for guests, family, or a home office. The unfinished basement provides extra square footage for expansion, and the fenced backyard is ready to be transformed into your own outdoor oasis. A detached garage offers additional storage or renovation possibilities. Located near Riverside Park, enjoy easy access to walking trails, sports facilities, and scenic views. Fort Morgan offers the perfect blend of small-town charm and modern conveniences, with local shops, restaurants, and cultural attractions just minutes away. This property is subject to a short sale, presenting an excellent investment opportunity for those looking to add value. Don’t miss the chance to bring this home to life and create something truly special!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,491.75/mo
Estimated Loan Balance
$286,456
Cash to close
$93,273
Interest Paid
$28,110

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate

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: 1910
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fulton Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fort Morgan

Financial Details

  • Price per Sqft: $165.72
  • Tax Annual Amount: $1675
  • On Market Date: 2025-03-09T00:00:00.000Z
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 $93,273 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $93,273!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$226,727
Your Cash$93,273
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,025/mo
Traditional @ 7.5%
$1,754/mo
You save $729/month ($8,752/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7162924

Listing From: recolorado

Last updated: 2025-03-09T21:40:22.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,025 /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 $93,273 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $93,273!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$226,727
Your Cash$93,273
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,025/mo
Traditional @ 7.5%
$1,754/mo
You save $729/month ($8,752/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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