Dan Kaercher

Dan Kaercher

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Closed

$740,000

($466,021 down)
VA

85 Bum Drive, Fairplay, CO 80440

3
2
1,736 sqft
PITI Monthly
$1,615.77 /mo

Listing courtesy of: Lisa Kunst, Caniglia Real Estate Group Llc

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,220 /mo
$2,013 /mo

What's Special

LOCATION
DINING
SPACIOUS
MODERN
RENOVATED
STAINLESS STEEL APPLIANCES
MOUNTAIN VIEWS

Welcome to this mountain contemporary gem that offers not only comfort and style but also lovely views of the majestic mountains that surround it! The heart of this home is its NEWLY renovated kitchen, where form meets function, featuring top-of-the-line BOSCH stainless steel appliances, sleek cabinetry, and butcher block countertops! TWO spacious living areas - one flows seamlessly into the dining and kitchen area, and another creates an inviting space for large gatherings and socializing with direct hot tub access! Step outside to the hot tub and 'soak in' the beauty of nature and relish in the tranquility of the forest and mountain views! Enjoy the convenience and elegance of two updated bathrooms, meticulously designed with modern fixtures and finishes. This private location is just minutes from National Forest access and conservancy lands...perfect for outdoor excursions! Perfectly situated mountain property for seclusion AND adventure with the renovations already done - MOVE IN READY with the furnishings too - too much to list! Call for more information!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,615.77/mo
Estimated Loan Balance
$274,565
Cash to close
$466,021
Interest Paid
$33,455

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Passive Solar, Wood Stove
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Free Standing
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Mountain Contemporary
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Valley of the Sun
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fairplay

Financial Details

  • Price per Sqft: $426.27
  • Tax Annual Amount: $2153
  • On Market Date: 2024-06-04T00:00:00.000Z
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 $466,021 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $466,021!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$273,979
Your Cash:$466,021
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,220/mo
Traditional @ 7.5%
$2,088/mo
You save $868/month ($10,416/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9876723

Listing From: recolorado

Last updated: 2024-10-01T18:06:52.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,220 /mo
$2,013 /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 $466,021 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $466,021!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$273,979
Your Cash:$466,021
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,220/mo
Traditional @ 7.5%
$2,088/mo
You save $868/month ($10,416/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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