Laura Jewett

Laura Jewett

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$365,500

($5,216 down)
FHA

1115 Rainier Drive, Colorado Springs, CO 80910

4
2
1,596 sqft
PITI Monthly
$2,821.73 /mo

Listing courtesy of: Adrienne Seabloom, RE/MAX Advantage Realty Inc.

Assumed Rate

6.54%
7.15%

Principal & Interest

$2,331 /mo
$2,480 /mo

What's Special

REMODELED
SHOPPING
SPACIOUS
MOVE-IN READY
MODERN
FIREPLACE
MATURE TREES
CHARMING
COZY
NO HOA

Welcome to this charming 4-bedroom, 2-bathroom home on a spacious lot with gorgeous mature trees adorning the front and backyard. This move-in ready home has been thoughtfully remodeled within the past 2 years, offering a modern and fresh appeal. Discover a wide-open floor plan featuring stunning LV and tile floors inside. You’ll find three bedrooms and one bathroom on the upper level, while the lower level offers an additional bedroom and bathroom for added convenience. The cozy walk-out family room with a wood-burning fireplace, built-in shelves, and direct access to the expansive backyard is perfect for entertaining or relaxing. The home has lovely white faux wood blinds, double-pane windows, and sleek six-panel white doors. The sewer line was replaced in Feb of 2022. The home is conveniently located near shopping and schools—and best of all, there’s NO HOA! Don’t miss this incredible opportunity to own a home ready for you to make your own. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.54
Remaining Loan Term
28 years, 1 months
Monthly PITI
$2,821.73/mo
Estimated Loan Balance
$375,076
Cash to close
$5,216
Interest Paid
$45,560

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Lower Level, One, Wood Burning
  • Flooring:

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Shingle
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pikes Peak Park
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $229.01
  • Tax Annual Amount: $970
  • On Market Date: 2024-12-08T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $5,216 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $5,216!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$360,284
Your Cash$5,216
Total Purchase Price:$365,500

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,331/mo
Traditional @ 7.5%
$2,481/mo
You save $150/month ($1,802/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8106887

Listing From: recolorado

Last updated: 2025-03-24T19:01:24.000Z

© , 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

6.54%
7.15%

Principal & Interest

$2,331 /mo
$2,480 /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 $5,216 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $5,216!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$360,284
Your Cash$5,216
Total Purchase Price:$365,500

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,331/mo
Traditional @ 7.5%
$2,481/mo
You save $150/month ($1,802/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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