Dan Kaercher

Dan Kaercher

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Closed

$275,000

($143,317 down)
FHA

925 E Vermijo Avenue, Colorado Springs, CO 80903

1
1
678 sqft
PITI Monthly
$1,143.01 /mo

Listing courtesy of: Tiffany Canady, Real Broker LLC

Assumed Rate

4.2%
7.15%

Principal & Interest

$807 /mo
$1,114 /mo

What's Special

CHARMING

Unlock the opportunity to own a charming 1-bedroom, 1-bath home on a generously sized lot, just minutes from downtown. This property is a rare find, offering incredible potential for expansion and future development. Whether you’re an investor seeking to maximize returns or a homeowner looking to customize your space, the expansive lot provides endless possibilities for upgrades or additional units. Experience the best of city living with the added benefit of room to grow. Don’t let this prime investment slip away—reach out today to schedule a viewing and explore the full potential of this exceptional property!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
22 years, 1 months
Monthly PITI
$1,143.01/mo
Estimated Loan Balance
$145,626
Cash to close
$143,317
Interest Paid
$50,842

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room, Attic Fan, Other
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Linoleum, Stone, Tile, Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1919
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Robys
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $405.6
  • Tax Annual Amount: $834
  • On Market Date: 2024-07-11T00:00:00.000Z
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 $143,317 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $143,317!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$131,683
Your Cash:$143,317
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$807/mo
Traditional @ 7.5%
$1,156/mo
You save $349/month ($4,188/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8141596

Listing From: recolorado

Last updated: 2024-10-04T17:41:17.000Z

© , 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

4.2%
7.15%

Principal & Interest

$807 /mo
$1,114 /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 $143,317 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $143,317!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$131,683
Your Cash:$143,317
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$807/mo
Traditional @ 7.5%
$1,156/mo
You save $349/month ($4,188/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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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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