Laura Jewett

Laura Jewett

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Under Contract

$195,000

($0 down)*
FHA

Potential short sale please verify with your agent.

1180 Cree Drive, Colorado Springs, CO 80915

2
1
1,282 sqft
PITI Monthly
$1,856.22 /mo

Listing courtesy of: Monica Breckenridge ABR CDPE CLHMS GRI MRP PSA RSPS SFR SRES , Pink Realty Inc

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,459 /mo
$1,791 /mo

What's Special

LOCATION
MINUTES AWAY
DINING
STAINLESS STEEL APPLIANCES
FINISHED BASEMENT
PATIO
PLAYGROUND
MOUNTAIN VIEWS

Recently updated 2BR, 1BA, end unit townhome w/ room for expansion in the unfinished basement. Located on the east side of Colorado Springs in the peaceful & well-established neighborhood of Cimarron Hills. This ranch style home is beautifully updated w/ newer interior paint, LVP floors, plumbing, & a 2022 water heater. Open floor plan w/ generous living spaces that provide space & comfort. The Living Rm features a lighted ceiling fan & large window that floods the room w/ natural light. It flows effortlessly into the Dining Area & Kitchen. There is a walk out to the backyard from the Dining Area. The Kitchen shines w/ white cabinets & countertops & tiled backsplash. Newer stainless steel appliances incl a smooth top range oven, built-in microwave, dishwasher, & refrigerator. 2 ML BRs share an updated Full Bathroom w/ newer vanity, white subway tile backsplash, framed mirror, & tub/shower. Customize the unfinished Basement to suite your personal needs. This townhome includes 2 covered carport spaces. The fenced backyard offers a large concrete patio to enjoy outdoor dining, relaxation, & fabulous Peak & mountain views! The HOA maintains the community grounds surrounding the home so you don't have to! Conveniently located close to schools, the hospital, & the popular Cimarron-Eastridge Park, which offers basketball courts, a playground, & a dog park for your furry friends. The delightful home is minutes away from Peterson Space Force Base & the Col Spgs Airport, making it an ideal location for anyone seeking a quick commute & easy access to amenities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$1,856.22/mo
Estimated Loan Balance
$265,906
Cash to close
$0
Interest Paid
$33,994

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Luxury Vinyl

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Mid-Century Modern
Materials
  • Frame, Other
  • Roof: Shingle
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cimarron Hills Townhomes
  • Features: Clubhouse
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $152.11
  • Tax Annual Amount: $713.55
  • On Market Date: 2025-04-02T21:33:25.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$195,000
Your Cash$0
Total Purchase Price:$195,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,459/mo
Traditional @ 7.5%
$1,857/mo
You save $398/month ($4,779/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 3131594

Listing From:

Last updated: 2025-02-19T17:59:36.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,459 /mo
$1,791 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$195,000
Your Cash$0
Total Purchase Price:$195,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,459/mo
Traditional @ 7.5%
$1,857/mo
You save $398/month ($4,779/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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