Dan Kaercher

Dan Kaercher

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Closed

$400,000

($151,033 down)
VA

652 Fay Drive, Colorado Springs, CO 80911

5
3
2,284 sqft
PITI Monthly
$1,359.29 /mo

Listing courtesy of: Cindy Linder, RE/MAX Advantage Realty Inc.

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,093 /mo
$1,810 /mo

What's Special

OPEN CONCEPT
DINING
SPACIOUS
HARDWOOD FLOORS
MASTER SUITE
DECK
FENCED YARD
NO HOA

This great bi-level home features 5 bedrooms, 3 baths and a 2-car garage. Attractive slate tile leads you to the double doors at the front entry. Step inside the grand tiled foyer where you can choose to ascend to the upper level, descend to the lower level or step outside onto the back deck. The upper level boasts an open concept living area to include a living room and dining area with hardwood floors and a kitchen with tile flooring. The kitchen displays granite look counters, island with informal seating, pantry and SS appliances. The range and microwave were new Nov 2023 and the refrigerator is only 3 years old. All kitchen appliances stay. There are 3 bedrooms on the upper level to include the master suite with double closets and attached 3/4 bath. Bedroom 2 is adjacent to the master and perfect for a nursery or child's room. Bedroom 3 is just across the hall. A full hall bath completes the upper level. On the lower level, you'll find an oversized family room, 2 bedrooms, 3/4 bath with extra large shower and tile floors, plus a spacious laundry/utility room with lots of storage space. Kids and pets will enjoy running and playing in the fully fenced yard. The dog run in the corner stays. You can relax and entertain family and friends on the 25x16 deck while enjoying the outdoors. This home includes a swamp cooler to keep you comfortable on hot days and nights. A new roof was installed April 2024. Furnace and water heater were new in 2021. This home also has a radon system installed! I-25 access, schools and bases nearby. NO HOA!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,359.29/mo
Estimated Loan Balance
$291,490
Cash to close
$151,033
Interest Paid
$28,093

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Wood

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: Unknown
Materials
  • Frame, Other
  • Roof: Composition
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Wilsons Widefield
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $175.13
  • Tax Annual Amount: $1398
  • On Market Date: 2024-05-17T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $151,033 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $151,033!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$248,967
Your Cash$151,033
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,093/mo
Traditional @ 7.5%
$1,878/mo
You save $785/month ($9,420/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5440005

Listing From: recolorado

Last updated: 2024-10-01T18:05:32.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,093 /mo
$1,810 /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 $151,033 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $151,033!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$248,967
Your Cash$151,033
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,093/mo
Traditional @ 7.5%
$1,878/mo
You save $785/month ($9,420/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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