Laura Jewett

Laura Jewett

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Closed

$459,000

($157,747 down)
VA

1140 Valkenburg Drive, Colorado Springs, CO 80907

5
3
2,279 sqft
PITI Monthly
$1,793.68 /mo

Listing courtesy of: Anne-Kathrin Cao, West and Main Homes Inc

Assumed Rate

3.7%
7.15%

Principal & Interest

$1,516 /mo
$2,225 /mo

What's Special

LOCATION
DINING
FIREPLACE
DECK
MOUNTAIN VIEWS
CHARMING

Create your own urban homestead in one of Colorado Springs' most popular residential neighborhoods, Holland Park! Located on the near westside in between Fillmore and Garden of the Gods, the location is ideal to get to most destinations around town or right into the mountains. This quaint 1979 4-Level home offers lots of curb appeal with a newly refinished large deck in the front yard from which you can enjoy mountain views and a new roof adds on to the exterior updates. The oversized 2 car garage offers lots of storage with build-in shelves and cabinets and the driveway is long enough to host an RV. The entryway opens into the bright formal living room with beamed, high pitched ceilings and an additional dining area. The kitchen is separated through pony walls that could easily be taken out after closing if someone wishes. Cabinets and appliances are both newer and well maintained. The family room with wood burning fireplace is half a flight down and one of the bathrooms is directly connected to it. One more level down, there are 2 bedrooms in the basement while the other three are located on the upper level including the primary suite and 2 more bathrooms. The backyard is accessible from the kitchen or garage and besides a fire pit area, enough space for a trampoline, and raised garden beds it includes a chicken coop! The chickens could possibly stay with the new owner and help you start your own homestead in this charming neighborhood!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.7
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,793.68/mo
Estimated Loan Balance
$301,839
Cash to close
$157,747
Interest Paid
$59,871

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Wood
Features
  • Materials: Brick, Concrete, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Laminate, Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle
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
  • Brick, Concrete, Frame, Wood Siding
  • Roof: Architecural Shingle
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Holland Park West
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $201.4
  • Tax Annual Amount: $1328
  • On Market Date: 2024-04-12T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $157,747 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $157,747!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$301,253
Your Cash$157,747
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,516/mo
Traditional @ 7.5%
$2,308/mo
You save $792/month ($9,500/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2045012

Listing From: recolorado

Last updated: 2024-10-01T18:01:48.000Z

© , 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

3.7%
7.15%

Principal & Interest

$1,516 /mo
$2,225 /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 $157,747 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $157,747!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$301,253
Your Cash$157,747
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,516/mo
Traditional @ 7.5%
$2,308/mo
You save $792/month ($9,500/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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