Dan Kaercher

Dan Kaercher

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Closed

$365,000

($74,488 down)
FHA

704 E 6th Street, Leadville, CO 80461

2
1
1,079 sqft
PITI Monthly
$2,430.85 /mo

Listing courtesy of: Arthur Serna, Full Circle Real Estate Group

Assumed Rate

6.11%
7.15%

Principal & Interest

$1,894 /mo
$2,109 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING

Make Leadville your base camp with this 2 Beds, 1 bathroom 1097 square foot victorian. Only a short walk to the shopping, restaurants, bars, festivals and races in downtown Leadville. Cross country skiing, snowshoeing, biking and walking/running are only a few blocks away on the Mineral Belt Trail that loops 11 miles around Leadville. Plenty of parking out front and a fenced, double lot for all of your toys. Enjoy your morning coffee while taking in the views of Mount Massive and the surrounding San Isabel National Forest. 10 minute drive to Turquoise lake and the gold medal waters of the Arkansas river for trout fishing and rafting. From this property you are only 15 minutes away from the family friendly Ski Cooper mountain. Beat the I70 traffic to Vail, Beaver Creek, Breckenridge and Keystone. Copper mountain can be accessed in about 30 minutes. The possibilities are endless with this home and its location in the highest incorporated city in the United States. Please give me a call to schedule your private showing today and experience the true Colorado high country!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$2,430.85/mo
Estimated Loan Balance
$79,765
Cash to close
$74,488
Interest Paid
$45,446

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Victorian
Materials
  • Frame, Wood Siding
  • Roof: Architecural Shingle
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Leadville
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Leadville

Financial Details

  • Price per Sqft: $338.28
  • Tax Annual Amount: $1986
  • On Market Date: 2024-07-20T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $74,488 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $74,488!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$290,512
Your Cash$74,488
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,894/mo
Traditional @ 7.5%
$2,188/mo
You save $293/month ($3,520/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2535790

Listing From: recolorado

Last updated: 2024-10-01T18:11:51.000Z

© , 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

6.11%
7.15%

Principal & Interest

$1,894 /mo
$2,109 /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 $74,488 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $74,488!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$290,512
Your Cash$74,488
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,894/mo
Traditional @ 7.5%
$2,188/mo
You save $293/month ($3,520/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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