Dan Kaercher

Dan Kaercher

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$380,000

($318,513 down)
FHA

862 S Reed Court UNIT D, Lakewood, CO 80226

1
1
1,200 sqft
PITI Monthly
$1,197.99 /mo

Listing courtesy of: Kari Kolicko, milehimodern - Boulder

Assumed Rate

6%
7.15%

Principal & Interest

$802 /mo
$903 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
HOME OFFICE
DECK
BALCONY
COZY

Located in the sought-after Lakewood neighborhood near Belmar, this one of a kind, updated two-story condo offers modern living with unmatched convenience. As the only unit with a spacious two-bedroom loft layout, this home stands out with its versatility. The light-filled living spaces feature an open-concept floorplan tucked beneath vaulted ceilings. A brick-surrounded fireplace anchors the living room which seamlessly flows into the nearby kitchen and dining space. The primary suite is a cozy hideaway with an en-suite bathroom. An upper-level loft provides flexibility for a home office, workout area or additional sleeping space above the living area. This loft can be personalized into a second bedroom and plumbed for a second bathroom. Retreat to a private balcony overlooking a serene courtyard, perfect for enjoying quiet mornings or evening relaxation. Situated just moments away from Belmar Park, Belmar shopping center, Target, Whole Foods, Century Movie Theater, and popular dining options like In-N-Out Burger, this home offers the perfect balance of peaceful living and accessibility to vibrant urban amenities. NEW UPDATES include LVP flooring (2023), paint (2024), carpet (2024), all stainless steel appliances (2024), Trex deck (2024), new exterior roof, paint and staircases (2023), and windows (2025).

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6
Remaining Loan Term
8 years, 1 months
Monthly PITI
$1,197.99/mo
Estimated Loan Balance
$67,433
Cash to close
$318,513
Interest Paid
$138,602

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Wood Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Waterside
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: CAP Management
  • HOA Amenities: Unknown
  • HOA Fee: $350
  • HOA Frequency: $Monthly
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $316.67
  • Tax Annual Amount: $1821
  • On Market Date: 2025-03-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $318,513 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $318,513!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$61,487
Your Cash:$318,513
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 6%
$802/mo
Traditional @ 7.5%
$937/mo
You save $135/month ($1,621/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1027872

Listing From: recolorado

Last updated: 2025-03-29T22:05:26.000Z

© , 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%
7.15%

Principal & Interest

$802 /mo
$903 /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 $318,513 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $318,513!

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

Loan Breakdown

Assumed Mortgage6% Sellers Rate
$61,487
Your Cash:$318,513
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 6%
$802/mo
Traditional @ 7.5%
$937/mo
You save $135/month ($1,621/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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