Dan Kaercher

Dan Kaercher

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Active

$99,900

($17,602 down)
FHA

E Galena Avenue, Cripple Creek, CO 80813

N/A
N/A
sqft
PITI Monthly
$1,171.07 /mo

Listing courtesy of: Karri Goscinski, Keller Williams Preferred Realty

Assumed Rate

6.25%
7.15%

Principal & Interest

$855 /mo
$938 /mo

What's Special

INVESTORS
LOCATION
HISTORIC
NO HOA

Unlock the potential of this exceptional .86 acre vacant lot, perfectly situated within walking distance of the iconic Golden Nugget Hotel & Casino in historic Cripple Creek! This rare find offers an incredible opportunity for developers and investors seeking to build a multi-family structure in a highly desirable location. Enjoy the convenience of readily available utilities, including easy access to sewer, water, and electricity, streamlining the development process. One of the largest lots in the established Hayden Place community, this property offers ample space for your vision. Benefit from the freedom of no HOA restrictions and the advantage of low Teller County property taxes. Year-round accessibility ensures ease of development and future resident convenience. This is your chance to capitalize on Cripple Creek's growing appeal and create a valuable multi-family residence in a prime location. Don't miss out on this unique development opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.25
Remaining Loan Term
11 years, 1 months
Monthly PITI
$1,171.07/mo
Estimated Loan Balance
$42,594
Cash to close
$17,602
Interest Paid
$137,079

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Unimproved Land
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built:
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hayden Placer
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Cripple Creek

Financial Details

  • Price per Sqft: $99,900
  • Tax Annual Amount: $816
  • On Market Date: 2025-02-27T00:00:00.000Z
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 $17,602 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $17,602!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$82,298
Your Cash$17,602
Total Purchase Price:$99,900

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$855/mo
Traditional @ 7.5%
$973/mo
You save $118/month ($1,414/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5633488

Listing From: recolorado

Last updated: 2025-02-28T05:24:19.000Z

© , 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

6.25%
7.15%

Principal & Interest

$855 /mo
$938 /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 $17,602 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $17,602!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$82,298
Your Cash$17,602
Total Purchase Price:$99,900

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$855/mo
Traditional @ 7.5%
$973/mo
You save $118/month ($1,414/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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