Dan Kaercher

Dan Kaercher

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$389,000

($47,367 down)
FHA

502 Oak Avenue, Canon City, CO 81212

4
2
940 sqft
PITI Monthly
$2,711.4 /mo

Listing courtesy of: Lauren Murdock, On Point Home Realty

Assumed Rate

6.33%
7.15%

Principal & Interest

$2,183 /mo
$2,374 /mo

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
PATIO
EFFICIENT
SOLAR PANELS

This beautifully updated 4-bedroom, 2-bath residence sits on a corner lot in a desirable neighborhood and truly has it all. With a fresh remodel inside and out, it exudes the modern vibe you’ve been looking for. Enjoy two spacious living areas, a delightful outdoor patio, and an insulated heated and cooled workshop—ideal for hobbies or extra living space As you enter, you’ll immediately appreciate the attention to detail and care that went into this home. Featuring new flooring and windows, stylish lighting, and contemporary finishes, every corner invites you in. The kitchen showcases generous cabinet space, soft-close drawers, Corian countertops, an oversized farm sink, and newer stainless steel appliances. A bright living room, two roomy bedrooms and a chic updated full bathroom accompany the upstairs. Downstairs, the expansive family room is perfect for a more dedicated theater space, with two additional bedrooms, bathroom, and a dedicated laundry area. Conveniently located near schools, parks, and scenic walking/biking trails, this home is not to be missed! Property enhanced with energy-efficient solar panels! Enjoy reduced energy bills, lower carbon footprint, and potential tax incentives. Perfect for eco-conscious buyers looking for long-term savings and sustainability. The buyer will assume the existing solar panel loan, offering a seamless transition to solar energy benefits.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.33
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,711.4/mo
Estimated Loan Balance
$355,692
Cash to close
$47,367
Interest Paid
$51,233

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Carpet, Tile, Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Canon City

Financial Details

  • Price per Sqft: $413.83
  • Tax Annual Amount: $1557.08
  • On Market Date: 2025-04-02T22:09:13.000Z
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 $47,367 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $47,367!

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

Loan Breakdown

Assumed Mortgage6.33% Sellers Rate
$341,634
Your Cash$47,367
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 6.33%
$2,183/mo
Traditional @ 7.5%
$2,463/mo
You save $280/month ($3,360/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 9185571

Listing From:

Last updated: 2025-03-28T06:25:23.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

6.33%
7.15%

Principal & Interest

$2,183 /mo
$2,374 /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 $47,367 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $47,367!

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

Loan Breakdown

Assumed Mortgage6.33% Sellers Rate
$341,634
Your Cash$47,367
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 6.33%
$2,183/mo
Traditional @ 7.5%
$2,463/mo
You save $280/month ($3,360/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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