Laura Jewett

Laura Jewett

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Under Contract

$310,000

($0 down)*
VA

Potential short sale please verify with your agent.

203 University Drive, Colorado Springs, CO 80910

3
2
0 sqft
PITI Monthly
$2,725.41 /mo

Listing courtesy of: Colin Smith, Solid Rock Realty

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,499 /mo
$2,587 /mo

What's Special

SHOPPING

This duplex is house-hack ready! Move into one unit and rent out the other or purchase as an investment for long term cash flow. This duplex is top/bottom living with some beautiful touches in one unit and the other provides an opportunity to remodel for forced appreciation and future built in equity into the property. Centrally located in town means it's close to major shopping centers and highways for a fast commute, fun, or the great outdoors!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.81
Remaining Loan Term
28 years, 6 months
Monthly PITI
$2,725.41/mo
Estimated Loan Balance
$377,161
Cash to close
$0
Interest Paid
$38,828

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Tar/Gravel
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: Duplex
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Tar/Gravel
Condition
  • Year Built: 1968
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $310,000
  • Tax Annual Amount: $915.68
  • On Market Date: 2025-04-02T21:33:13.000Z
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 $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 Mortgage6.81% Sellers Rate
$310,000
Your Cash$0
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,499/mo
Traditional @ 7.5%
$2,683/mo
You save $184/month ($2,206/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4808103

Listing From:

Last updated: 2025-02-18T19:05:57.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,499 /mo
$2,587 /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 Mortgage6.81% Sellers Rate
$310,000
Your Cash$0
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,499/mo
Traditional @ 7.5%
$2,683/mo
You save $184/month ($2,206/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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