Dan Kaercher

Dan Kaercher

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Closed

$455,000

($128,655 down)
FHA

5843 Instone Circle, Colorado Springs, CO 80922

4
4
2,546 sqft
PITI Monthly
$2,095.74 /mo

Listing courtesy of: Shemae Inscoe, EXIT Realty DTC, Cherry Creek, Pikes Peak.

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,527 /mo
$2,440 /mo

What's Special

SHOPPING
SPACIOUS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
EN SUITE BATHROOM
DOUBLE VANITY
FINISHED BASEMENT
WET BAR
PATIO

Incredible value in coveted Stetson Hills neighborhood!! Welcome to your next home! This spacious 4 bedroom with 4 baths single-family home is located in desirable Stetson Hills. Walking in you will be greeted with soaring ceilings and an exquisite Hearthstone wood burning stove that is both elegant and functional, providing ample heat for cold winter days. The large kitchen features stainless steel appliances and plenty of counter space for the chef in the family. The master bedroom offers a large walk-in closet and double vanity sinks in the en suite bathroom. Even the most discerning buyer will appreciate the laundry being conveniently located on the upper level and the fully finished basement that is complete with a home theater featuring a ceiling mounted projector with a 135" screen, raised floors, built in speakers and a wet bar. A BRAND NEW water heater and HVAC system along with other amazing features of the home including newer windows, concrete patio, a 2-car garage, xeriscaped front yard, and sliding glass doors leading out to the spacious fenced in backyard round out this incredible home. This gorgeous home is in close proximity to schools, shopping centers, Sandstone Park, Sand Creek Trail, and offers easy access to Highway 21.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.02
Remaining Loan Term
25 years, 5 months
Monthly PITI
$2,095.74/mo
Estimated Loan Balance
$341,591
Cash to close
$128,655
Interest Paid
$47,599

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Block, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Contemporary
Materials
  • Block, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stetson Hills
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $178.71
  • Tax Annual Amount: $1750
  • On Market Date: 2025-01-25T00:00:00.000Z
Inquire about this property

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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 $128,655 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $128,655!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$326,345
Your Cash$128,655
Total Purchase Price:$455,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,527/mo
Traditional @ 7.5%
$2,531/mo
You save $1,004/month ($12,050/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6795412

Listing From: recolorado

Last updated: 2025-02-14T20:44:16.000Z

© , 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

3.02%
7.15%

Principal & Interest

$1,527 /mo
$2,440 /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 $128,655 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $128,655!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$326,345
Your Cash$128,655
Total Purchase Price:$455,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,527/mo
Traditional @ 7.5%
$2,531/mo
You save $1,004/month ($12,050/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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