Laura Jewett

Laura Jewett

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$275,000

($194,117 down)
FHA

1903 W Colorado Avenue, Colorado Springs, CO 80904

1
1
616 sqft
PITI Monthly
$728.51 /mo

Listing courtesy of: Jeremiah Laster, Box State Properties

Assumed Rate

3.61%
7.15%

Principal & Interest

$456 /mo
$676 /mo

What's Special

LOCATION
CHARMING
COZY

**Charming Home in the Heart of Old Colorado City!** ** This home comes with a new installed Heater and AC! ** Don’t miss your chance to call this delightful home yours! Perfectly situated right on Colorado Avenue, this property places you within walking distance of all the unique shops, cozy cafes, and vibrant attractions that Old Colorado City is known for. Imagine stepping out your front door and having the best of the neighborhood at your fingertips—whether it’s a morning coffee, a leisurely stroll through local art galleries, or a weekend brunch. This home is thoughtfully designed for comfort and convenience. With two off-street covered parking spaces, you’ll never have to worry about finding a spot after a long day. Due to the zoning classification of C-5 the possibilities are endless. Live here or work here. This property is not just a home; it’s a lifestyle. Embrace the charm of Old Colorado City and all it has to offer. With its perfect location, versatile zoning, and inviting features, this home is an opportunity you don’t want to miss. Schedule your showing today and imagine the possibilities!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
21 years, 2 months
Monthly PITI
$728.51/mo
Estimated Loan Balance
$81,095
Cash to close
$194,117
Interest Paid
$29,056

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: See Remarks
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Tar/Gravel
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tar/Gravel
Condition
  • Year Built: 1901
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $446.43
  • Tax Annual Amount: $620.36
  • On Market Date: 2025-04-02T21:55:53.000Z
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.

Apply now

Savings Calculator

Current cash to close is $194,117 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $194,117!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$80,883
Your Cash:$194,117
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$456/mo
Traditional @ 7.5%
$702/mo
You save $246/month ($2,949/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7650514

Listing From:

Last updated: 2025-03-20T10:00:17.000Z

© , 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

3.61%
7.15%

Principal & Interest

$456 /mo
$676 /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 $194,117 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $194,117!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$80,883
Your Cash:$194,117
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$456/mo
Traditional @ 7.5%
$702/mo
You save $246/month ($2,949/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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