Dan Kaercher

Dan Kaercher

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$379,000

($61,624 down)
FHA

540 S Forest Street UNIT 6-203, Denver, CO 80246

2
2
1,247 sqft
PITI Monthly
$1,979.77 /mo

Listing courtesy of: Marco Randazzo, 8z Real Estate

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,432 /mo
$2,350 /mo

What's Special

LOCATION
SPACIOUS
BALCONY

This bright and spacious home is filled with natural light and offers an open, flexible layout that effortlessly adapts to your lifestyle - whether you're hosting, playing games, or cooking a big meal. Storage is abundant, and the high ceilings add to the airy feel. The private balcony is perfect for morning coffee or unwinding in the evening. The location is unbeatable, just a 5-minute walk to the Cherry Creek Trail and steps from the newly upgraded Glendale Park, where you can enjoy outdoor time with your pup. With countless restaurants, bars, and shops within walking distance, plus easy bike access to downtown via the trail, this is city living at its best. The community offers fantastic amenities, including a pool for summer relaxation and plenty of green space. Plus, the low-maintenance lifestyle means no worries about snow removal, garbage/recycling, or chimney care. A private garage, great price point, and incredible walkability make this a fantastic opportunity for Denver first-time homebuyers navigating this competitive market. Don't miss out on this gem!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,979.77/mo
Estimated Loan Balance
$318,063
Cash to close
$61,624
Interest Paid
$37,424

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Heat Pump
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Condominium
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Unknown
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Washington Virginia Vale
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Advance HOA
  • HOA Amenities: Unknown
  • HOA Fee: $449
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $303.93
  • Tax Annual Amount: $1819
  • On Market Date: 2025-02-28T00:00:00.000Z
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 $61,624 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $61,624!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$317,376
Your Cash$61,624
Total Purchase Price:$379,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,432/mo
Traditional @ 7.5%
$2,438/mo
You save $1,006/month ($12,075/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7619154

Listing From: recolorado

Last updated: 2025-03-24T23:29:19.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,432 /mo
$2,350 /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 $61,624 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $61,624!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$317,376
Your Cash$61,624
Total Purchase Price:$379,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,432/mo
Traditional @ 7.5%
$2,438/mo
You save $1,006/month ($12,075/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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