Dan Kaercher

Dan Kaercher

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Closed

$285,000

($82,394 down)
FHA

5255 Memphis Street UNIT 1111, Denver, CO 80239

2
2
931 sqft
PITI Monthly
$1,372.43 /mo

Listing courtesy of: Shannon Wester, Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Brighton

Assumed Rate

3.16%
7.15%

Principal & Interest

$959 /mo
$1,505 /mo

What's Special

SERENE
DINING
MODERN
HOME OFFICE
BALCONY
CLUBHOUSE
FITNESS CENTER

Welcome to Trails at Parkfield Lake, where comfort meets modern living in this stunning 2-bedroom, 2-bathroom condo with hard surface flooring throughout. This open-concept floor plan is flooded with natural light, making it the perfect retreat. Kitchen opens up to dining/living room making it a great for entertaining. Step outside onto your private balcony to enjoy serene views and the fresh Colorado air. The primary suite is a true oasis, complete with a double closets and an en-suite bathroom for added convenience. A second bedroom (non-conforming)/office and additional bathroom provide plenty of space for guests or a home office. Listing agent is providing a *1 YEAR HOME WARRANTY* for buyer. Located just moments away from parks and vibrant local amenities, you’ll enjoy the perfect blend of tranquility and accessibility. Amenities of the Trails at Parkfield Lake include a clubhouse, fitness center, pool, hot tub, and designated parking space. Easy commute to DIA, the Anschutz Medical Campus, and Downtown Denver.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,372.43/mo
Estimated Loan Balance
$217,384
Cash to close
$82,394
Interest Paid
$31,285

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Cement Siding, Concrete, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Laminate, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Cement Siding, Concrete, Frame
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Trails at Parkfield Lake
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Trails at Parkfield Lake
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $306.12
  • Tax Annual Amount: $1266
  • On Market Date: 2024-11-13T00:00:00.000Z
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 $82,394 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,394!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$202,606
Your Cash$82,394
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$959/mo
Traditional @ 7.5%
$1,562/mo
You save $602/month ($7,230/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6396029

Listing From: recolorado

Last updated: 2024-11-15T00:04:20.000Z

© , 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

3.16%
7.15%

Principal & Interest

$959 /mo
$1,505 /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 $82,394 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $82,394!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$202,606
Your Cash$82,394
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$959/mo
Traditional @ 7.5%
$1,562/mo
You save $602/month ($7,230/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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