Laura Jewett

Laura Jewett

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Closed

$1,200,000

($846,384 down)
VA

17035 Herring Road, Colorado Springs, CO 80908

5
4
3,621 sqft
PITI Monthly
$2,191.17 /mo

Listing courtesy of: Kevin Alexander, C3 Real Estate Solutions, LLC

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,593 /mo
$2,588 /mo

What's Special

DECK

This is it folks - one of the BEST views of Pikes Peak & Cheyenne Mountain in the area! The home has been meticulously maintained by the current owners inside and out. Drive up to the home on an asphalt driveway (rare) and enjoy the 20+ trees that were planted on the property. Park in one of the FIVE garage spaces and walk into the home to enjoy the panoramic views in the comfort of your vaulted living room. The main level has everything you need including 2 big bedrooms, 3 bathrooms, an office, and access to the recent deck addition which is perfect for entertaining. Give your overnight guests their own space in the basement with two additional bedrooms, a large family room, and access to the FENCED backyard through the walkout entry. Within the last 3 years this home has NEW paint, NEW A/C, a NEW well pump, NEW stucco finish, and NEW asphalt surfacing - not to mention the NEW septic system that was installed in 2017. There is power running to the detached garage, the greenhouse, AND the covered garden area! So bring your hobbies and gardening tools because you'll love spending your time outside on your own private 5 acres. Come see this home for yourself!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$2,191.17/mo
Estimated Loan Balance
$355,094
Cash to close
$846,384
Interest Paid
$45,760

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cherry Creek Springs
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Cherry Creek Springs
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Annually
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $331.4
  • Tax Annual Amount: $4579
  • On Market Date: 2024-07-04T02:32:15.000Z
Inquire about this property

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Apply to Assume

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

Apply now

Savings Calculator

Current cash to close is $846,384 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $846,384!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$353,616
Your Cash:$846,384
Total Purchase Price:$1,200,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,593/mo
Traditional @ 7.5%
$2,685/mo
You save $1,092/month ($13,100/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1005021

Listing From: recolorado

Last updated: 2024-03-15T21:11:21.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,593 /mo
$2,588 /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 $846,384 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $846,384!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$353,616
Your Cash:$846,384
Total Purchase Price:$1,200,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,593/mo
Traditional @ 7.5%
$2,685/mo
You save $1,092/month ($13,100/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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