Dan Kaercher

Dan Kaercher

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$623,999

($103,940 down)
FHA

7128 Mountain Spruce Drive, Colorado Springs, CO 80927

5
4
3,981 sqft
PITI Monthly
$4,286.19 /mo

Listing courtesy of: Susan Craske, Berkshire Hathaway HomeServices Real Estate of the Rockies

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,440 /mo
$3,556 /mo

What's Special

SHOPPING
SPACIOUS
LUXURY
FIREPLACE
FINISHED BASEMENT
PATIO
MOUNTAIN VIEWS
COZY

This stunning two-story finished basement home in Banning Lewis Ranch boasts over 3,849 square feet of finished living space, including 5 bedrooms and 4 bathrooms, all designed for luxury and comfort. The spacious kitchen features a large granite island, abundant cabinet storage, and a pantry. Enjoy a cozy family room with a fireplace, a loft area upstairs, and a main-level office. The expansive walled and fenced backyard offers privacy and beautiful mountain views. Covered Patio . The home also comes with a new roof 2023 . Finished basement with additional Washer Dryer and Refrigerator, low maintenance Xeriscape yard. Small Sandpit plus Security system ( Paid off) The 24 hour monitoring may be taken over . Residents have access to the community center, pool, gym aquatic center, trails, and swimming pool. Located just a short drive from restaurants, shopping, I-25. Close to Pikes Peak and many many attractions.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
28 years, 10 months
Monthly PITI
$4,286.19/mo
Estimated Loan Balance
$520,540
Cash to close
$103,940
Interest Paid
$41,660

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Main Level
  • Flooring: Carpet, Luxury Vinyl

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Traditional
Materials
  • Frame
  • Roof: Shingle
Condition
  • Year Built: 2016
Details
  • Builder: Richmond American Homes

Community & HOA

Community
  • Subdivision: Other
  • Features: Community Center, Fitness Center, Hiking or Biking Trails, Playground
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $156.74
  • Tax Annual Amount: $5261
  • On Market Date: 2025-04-02T22:20:46.000Z
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 $103,940 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $103,940!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$520,059
Your Cash$103,940
Total Purchase Price:$623,999

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,440/mo
Traditional @ 7.5%
$3,689/mo
You save $249/month ($2,990/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7322378

Listing From:

Last updated: 2025-03-31T22:42:04.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,440 /mo
$3,556 /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 $103,940 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $103,940!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$520,059
Your Cash$103,940
Total Purchase Price:$623,999

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,440/mo
Traditional @ 7.5%
$3,689/mo
You save $249/month ($2,990/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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