Dan Kaercher

Dan Kaercher

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Closed

$689,000

($318,214 down)
VA

900 Gem Valley Drive, Leadville, CO 80461

5
2
4,159 sqft
PITI Monthly
$2,167.75 /mo

Listing courtesy of: Amy M Tait, Centennial Ent & Real Estate, Inc

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,624 /mo
$2,690 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
DECK
MOUNTAIN VIEWS
SOLAR PANELS

Expansive home on over an acre! This spacious home on top of a hill offers so many possibilities. It has five bedrooms, two bathrooms, multiple bonus living areas, a two car garage, and paved circular driveway just to name a few features. The partial wrap-around deck is large enough for all your visitors to enjoy the incredible mountain views while BBQing or just relaxing outside. Bring all of your things because this house has storage galore! At the base of the driveway there's even a place to store a camper or trailer. The utility room has easy access to the mechanical systems; no need to crawl in a crawlspace. There is a hobby space downstairs alongside a large family room complete with a pool/ping pong table. Main floor living is completely possible thanks to three of the five bedrooms being on the main level. This level has a massive open living space along with a dining area and large kitchen with cabinets for days! Around the corner is a laundry room with two pantries! Between the dining area and part of the living space is a moss-rock, double sided fireplace. At this moment it is wood fueled, but there is a gas line stubbed in ready to have it converted to a natural gas fireplace, if you wish. That isn't a mis-print...this house, unlike most others in that neighborhood is tapped into Natural Gas. No propane tank to fill! The hot water panels on the roof are no longer working, but replacing those with solar panels would be a great idea as the house is situated facing the South West and gets lots of sun!  Finally, there is a fenced in area for your favorite furry friend(s). The transfer of title inspection required for all homes with a septic revealed that the house was permitted for less than five bedrooms. Therefore, the new buyer will need to have one installed after closing. Seller is willing to escrow the amount of installation at closing. You have to see this house to appreciate all of the space inside and out!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,167.75/mo
Estimated Loan Balance
$377,704
Cash to close
$318,214
Interest Paid
$40,092

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Hot Water, Natural Gas, Radiant
Features
  • Materials: Brick, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Dining Room, Living Room, Wood Burning
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Traditional
Materials
  • Brick, Vinyl Siding
  • Roof: Metal
Condition
  • Year Built: 1968
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $165.66
  • Tax Annual Amount: $4524
  • On Market Date: 2024-06-28T00:00:00.000Z
Inquire about this property

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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 $318,214 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $318,214!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$370,786
Your Cash$318,214
Total Purchase Price:$689,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,624/mo
Traditional @ 7.5%
$2,791/mo
You save $1,167/month ($14,000/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7153033

Listing From: recolorado

Last updated: 2024-10-01T18:10:30.000Z

© , 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

$1,624 /mo
$2,690 /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 $318,214 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $318,214!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$370,786
Your Cash$318,214
Total Purchase Price:$689,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,624/mo
Traditional @ 7.5%
$2,791/mo
You save $1,167/month ($14,000/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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