Laura Jewett

Laura Jewett

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Closed

$630,000

($215,943 down)
VA

10937 Echo Canyon Drive, Colorado Springs, CO 80908

5
4
3,276 sqft
PITI Monthly
$2,169.35 /mo

Listing courtesy of: Holly Quinn, The Cutting Edge

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,835 /mo
$3,029 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
HOME OFFICE
COZY

Amazing residence nestled in the highly coveted School District 20, situated in the esteemed Northfork at Briargate community. This home has an array of desirable features. Upon entry, you're greeted by an abundance of natural light that illuminates the wood flooring adorning the main level. The versatile layout effortlessly accommodates various lifestyles, with a formal dining room that seamlessly transitions into a formal living room, or a spacious home office. The heart of the home lies in the expansive kitchen, eating area, and family room, designed to facilitate effortless entertaining and socializing. The family room exudes warmth and charm with its gas fireplace and incredible windows, inviting the outdoors in while providing a cozy ambiance. The kitchen is contemporary, featuring white cabinets, sleek grey quartz countertops, and a generously sized pantry, ensuring both style and functionality. Upstairs features three bedrooms, two baths, a versatile loft space, and a large conveniently located laundry room. Luxurious touches abound, including wood laminate flooring in the loft and stairway landings. The basement provides even more living space, with nine-foot ceilings accentuating the sense of openness. Two additional bedrooms, a bathroom, and a family room complete this level, offering ample space. Conveniently located within walking distance to Pine Creek and a brand new elementary school, offering swift access to Powers and the I-25 corridor.New carpet to be installed after sellers move out, or a credit will be given

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,169.35/mo
Estimated Loan Balance
$414,935
Cash to close
$215,943
Interest Paid
$50,345

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • 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: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision: North Fork ay Briargate
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: MSI Management
  • HOA Amenities: Unknown
  • HOA Fee: $47
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $192.31
  • Tax Annual Amount: $2007
  • On Market Date: 2024-04-03T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $215,943 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $215,943!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$414,057
Your Cash$215,943
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,835/mo
Traditional @ 7.5%
$3,142/mo
You save $1,306/month ($15,675/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8319414

Listing From: recolorado

Last updated: 2024-10-01T18:01:25.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,835 /mo
$3,029 /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 $215,943 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $215,943!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$414,057
Your Cash$215,943
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,835/mo
Traditional @ 7.5%
$3,142/mo
You save $1,306/month ($15,675/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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