Dan Kaercher

Dan Kaercher

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Closed

$539,000

($134,658 down)
FHA

523 Lowland Street, Severance, CO 80550

4
3
2,122 sqft
PITI Monthly
$2,630.69 /mo

Listing courtesy of: Pamela Puchino, Puchino Homes

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,810 /mo
$2,948 /mo

What's Special

OPEN CONCEPT
DINING
SPACIOUS
WALK-IN CLOSET
FINISHED BASEMENT
PATIO

This rare .24 acre corner lot offers an abundance of space for outdoor fun, entertaining, grilling, lawn games or just relaxing with a book on the covered patio. The back faces west so you'll always have plenty of Colorado sunshine and warmth to enjoy the outdoor space. There are several raised garden beds for the gardening enthusiast. The foyer boasts high ceilings and beautiful wood floors that flow naturally into the open concept area of the family room, dining area and kitchen. This is a dream kitchen for those who desire a massive amount of cabinet and counter space! There is also a large walk in pantry and a gas stove. On the second floor you will find the spacious primary bedroom with a 5 piece ensuite bathroom which leads to the very large walk-in closet. There are 3 more bedrooms down the hall, a full bathroom and a very large laundry room conveniently located on the same floor as all of the bedrooms. Washer and dryer are included! In the spacious unfinished basement there are 2 egress windows and rough in plumbing making it possible to add 2 more bedrooms and another bathroom increasing the potential bedroom count to 6 and bathroom count to 4! There is a humidifier attached to the furnace and an active radon mitigation system. Included is a home warranty with 1.5 years remaining on it as well as 6.5 yrs remaining on the new build structural warranty. This home is loaded with many extra's! Between the indoor and outdoor space you will find it difficult to outgrow! Don't miss out on the chance to call this beautiful home your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,630.69/mo
Estimated Loan Balance
$422,261
Cash to close
$134,658
Interest Paid
$43,176

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Composition
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Severance Reserve
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Severance

Financial Details

  • Price per Sqft: $254.01
  • Tax Annual Amount: $4143
  • On Market Date: 2024-12-20T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $134,658 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $134,658!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$404,342
Your Cash$134,658
Total Purchase Price:$539,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,810/mo
Traditional @ 7.5%
$3,058/mo
You save $1,248/month ($14,977/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8288953

Listing From: recolorado

Last updated: 2025-02-28T23:38:19.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,810 /mo
$2,948 /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 $134,658 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $134,658!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$404,342
Your Cash$134,658
Total Purchase Price:$539,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,810/mo
Traditional @ 7.5%
$3,058/mo
You save $1,248/month ($14,977/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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