Laura Jewett

Laura Jewett

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Closed

$419,900

($231,030 down)
FHA

1022 Galley Square, Colorado Springs, CO 80915

4
2
1,641 sqft
PITI Monthly
$1,504.17 /mo

Listing courtesy of: Jonathan Walters, The Cutting Edge

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,104 /mo
$1,525 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
HOME OFFICE
PATIO
CUL-DE-SAC
CHARMING
COZY

Welcome home to a charming and meticulously maintained home in the heart of Colorado Springs! This beautiful property offers four spacious bedrooms, two modern bathrooms, and a generous 1,700 square feet of living space. Nestled inside a cul-de-sac and no backing neighbors this home is very private. Step inside to find an inviting open floor plan with abundant natural light and stunning LVP floors on the main level and in the kitchen. The updated kitchen features stainless steel appliances, granite countertops, and ample cabinet space, perfect for the home chef. The cozy lower level living room, complete with a fireplace, provides a warm and welcoming atmosphere, ideal for relaxing or entertaining guests. The primary bedroom is a serene retreat with an ensuite bathroom, while the additional bedrooms are perfect for family, guests, or a home office. The home also boasts new carpet throughout, adding to the fresh and inviting feel. Enjoy outdoor living in the private, fenced backyard, featuring a spacious patio and lush landscaping, perfect for summer barbecues or a quiet morning coffee. The attached two-car garage offers plenty of storage and convenience. Located in a friendly neighborhood, this home is close to parks, schools, shopping, and dining, with easy access to major highways for commuting. Don't miss the opportunity to call this wonderful home yours.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
22 years, 1 months
Monthly PITI
$1,504.17/mo
Estimated Loan Balance
$281,168
Cash to close
$231,030
Interest Paid
$69,605

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rustic Hills
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $
  • HOA Frequency: $
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $255.88
  • Tax Annual Amount: $1078
  • On Market Date: 2024-07-18T00:00:00.000Z
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 $231,030 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $231,030!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$188,870
Your Cash:$231,030
Total Purchase Price:$419,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,104/mo
Traditional @ 7.5%
$1,582/mo
You save $478/month ($5,733/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4119396

Listing From: recolorado

Last updated: 2024-10-01T18:11:53.000Z

© , 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

$1,104 /mo
$1,525 /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 $231,030 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $231,030!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$188,870
Your Cash:$231,030
Total Purchase Price:$419,900

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,104/mo
Traditional @ 7.5%
$1,582/mo
You save $478/month ($5,733/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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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 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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