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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$275,000

($172,871 down)
FHA

12 Apollo Drive, Black Hawk, CO 80422

2
2
1,296 sqft
PITI Monthly
$1,380.39 /mo

Listing courtesy of: Homes By Jackie Jones Team, RE/MAX Alliance-Nederland

Assumed Rate

7.25%
7.15%

Principal & Interest

$976 /mo
$967 /mo
$153,285 in interest paid off

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
INVESTMENT OPPORTUNITY
Investment opportunity in Colorado Sierra. Situated on a gently sloping 0.5-acre lot, this property features an oversized, 2-car detached garage. The
mid-Gilpin location allows for easy access to the Gilpin Community Center and the nearby Golden Gate Canyon State Park. Shopping, dining, and
entertainment are just up the road in Black Hawk, Central City, or Nederland. A quick drive will take you to Eldora Mountain Resort, with plenty of hiking
and biking options on the nearby National Forest land. Call today to schedule a private tour.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.25
Remaining Loan Term
13 years, 2 months
Monthly PITI
$1,380.39/mo
Estimated Loan Balance
$105,266
Cash to close
$172,871
Interest Paid
$153,285

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Wood Stove
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Free Standing, Living Room
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Unknown
Materials
  • Other
  • Roof: Composition
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision: COLO SIERRA BET
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Black Hawk

Financial Details

  • Price per Sqft: $212.19
  • Tax Annual Amount: $1834
  • On Market Date: Sep 16, 2024
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Savings Calculator

Current cash to close is $172,871 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$
0%20%50%

You cover the entire equity of $172,871!

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

Loan Breakdown

Assumed Mortgage7.25% Sellers Rate
$102,129
Your Cash:$172,871
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 7.25%
$976/mo
Traditional @ 7.15%
$1,003/mo
You save $26/month ($316/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1018984

Listing From: recolorado

Last updated: Oct 31, 2024 07:01pm

© 2025, 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

7.25%
7.15%

Principal & Interest

$976 /mo
$967 /mo
$153,285 in interest paid off
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 $172,871 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$
0%20%50%

You cover the entire equity of $172,871!

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

Loan Breakdown

Assumed Mortgage7.25% Sellers Rate
$102,129
Your Cash:$172,871
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 7.25%
$976/mo
Traditional @ 7.15%
$1,003/mo
You save $26/month ($316/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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