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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$1,650,000

($1,227,700 down)
VA

33294 Expertise Trail, Kiowa, CO 80117

3
2
1,792 sqft
PITI Monthly
$2,326.89 /mo

Listing courtesy of: Cher Revolinski, eXp Realty, LLC

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,990 /mo
$3,012 /mo
$47,244 in interest paid off

What's Special

LOCATION
Welcome to 6 Arrow East Commercial Development zoned industrial with storage. This is a prime lot in the Elbert County Economic Development Zone
(Elbert County's EDZ). Multiple lots available and this listing is for Lot 11. Lot 11 Includes 1,792 SF Home with Shop, Stable/Storage, and 6,000 SF
Enclosed Arena. House can be live/work and serve as multiple offices with 4 separate entrances. Full unfinished walk-out basement. Economic
Development Zone (EDZ) allows for a Wide Range of Uses Including: Auto / Farm Equipment Sales, Service & Storage, Building Materials S... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 10 months
Monthly PITI
$2,326.89/mo
Estimated Loan Balance
$423,077
Cash to close
$1,227,700
Interest Paid
$47,244

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 6
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Industrial
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: 6 Arrow East
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Kiowa

Financial Details

  • Price per Sqft: $920.76
  • Tax Annual Amount: $1439
  • On Market Date: Nov 14, 2023
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Savings Calculator

Current cash to close is $1,227,700 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
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0%20%50%

You cover the entire equity of $1,227,700!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$422,300
Your Cash:$1,227,700
Total Purchase Price:$1,650,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,990/mo
Traditional @ 7.15%
$3,125/mo
You save $1,134/month ($13,612/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6402343

Listing From: recolorado

Last updated: Apr 17, 2025 09:58pm

© 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

3.45%
7.15%

Principal & Interest

$1,990 /mo
$3,012 /mo
$47,244 in interest paid off
Inquire about this property
​
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​
​
​

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 $1,227,700 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$
0%20%50%

You cover the entire equity of $1,227,700!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$422,300
Your Cash:$1,227,700
Total Purchase Price:$1,650,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,990/mo
Traditional @ 7.15%
$3,125/mo
You save $1,134/month ($13,612/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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