Dan Kaercher

Dan Kaercher

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Closed

$650,000

($321,700 down)
VA

98 Risse Court, Erie, CO 80516

3
3
1,848 sqft
PITI Monthly
$1,956.03 /mo

Listing courtesy of: David Ipsen, MB DAVE IPSEN & ASSOCIATES

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,489 /mo
$2,364 /mo

What's Special

OPEN CONCEPT
FIREPLACE
VAULTED CEILINGS
FINISHED BASEMENT
DECK
MATURE TREES
CUL-DE-SAC

Well maintained 2264 square foot, 3 bedroom 3 bath single story home on a large corner lot. Located right across the cul-de-sac from the Town Of Erie Municipal Property walking path. 3 car garage. The home has a large covered deck in the back and a covered deck in the front. Inside you have an open concept main body of the home with vaulted ceilings and a fireplace. The vaulted ceiling continue on into the primary bedroom. The finished basement boasts a large family room, a half bath, laundry room, work space and a multi purpose room that was used for a square dancing studio. The back yard feels like a park with the mature trees, garden areas, shed and arbor.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,956.03/mo
Estimated Loan Balance
$333,433
Cash to close
$321,700
Interest Paid
$33,760

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Frame
  • Roof: Architecural Shingle
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision: CANYON CREEK
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Canyon Creek
  • HOA Amenities: Unknown
  • HOA Fee: $208
  • HOA Frequency: $Quarterly
Location
  • Region: Erie

Financial Details

  • Price per Sqft: $351.73
  • Tax Annual Amount: $3606
  • On Market Date: 2024-12-16T00:00:00.000Z
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 $321,700 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $321,700!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$328,300
Your Cash$321,700
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,489/mo
Traditional @ 7.5%
$2,452/mo
You save $963/month ($11,558/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7098677

Listing From: recolorado

Last updated: 2025-02-07T06:08:16.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,489 /mo
$2,364 /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 $321,700 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $321,700!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$328,300
Your Cash$321,700
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,489/mo
Traditional @ 7.5%
$2,452/mo
You save $963/month ($11,558/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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