$440,000
($79,974 down)1401 Bates Drive, Colorado Springs, CO 80909
PITI Monthly
Listing courtesy of: Theresa Sutherland MRP , Hawks Realty & Property Management
Assumed Rate
2.87%
7.15%Principal & Interest
$1,621 /mo
$2,641 /moWhat's Special
Welcome to your new home. This fully remodeled ranch-style home offers a blend of modern comforts and classic charm. Step into the spacious living room with a cozy gas fireplace, front sitting room with a large window that faces west or gather in the eat-in kitchen. The kitchen has ample counter space and drawers. The main level has two bedrooms that has a bathroom featuring a walk-in shower. The finished basement has an addition living space along with two bedrooms and a 3/4 bathroom. The utility room has additional space that can be used for extra storage or whatever your imagination creates. Your new home has been renovated in 2021, including a new furnace, water heater, roof, appliances and extra insulation was added to keep you cozy year-round. The electric wiring/panel was updated in 2022 along with a new front door and rear sliding glass door. As a finishing touch, a whole house fan was installed in 2024 for those warm summer days. When you want to venture out, your new home is minutes away for shopping and restaurants.
Assumption Snapshot
Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,875.27/mo
Estimated Loan Balance
$375,153
Cash to close
$79,974
Interest Paid
$38,686
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling & Heating
- Cooling: See Remarks
- Heating: Forced Air
Features
- Materials: Brick, Wood Siding
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Basement, Electric
- Flooring: Carpet
Exterior
Fencing
- Fencing:
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
- Brick, Wood Siding
- Roof: Shingle
Condition
- Year Built: 1961
Details
- Builder:
Community & HOA
Community
- Subdivision: Austin Estates
- Features:
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial Details
- Price per Sqft: $205.42
- Tax Annual Amount: $1246.05
- On Market Date: 2025-04-02T22:05:46.000Z
Inquire about this property
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $79,974!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 1880162
Listing From:
Last updated: 2025-03-26T02:00:00.000Z
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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
2.87%
7.15%Principal & Interest
$1,621 /mo
$2,641 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $79,974!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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