Laura Jewett

Laura Jewett

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$340,000

($113,347 down)
FHA

2115 S El Paso Avenue, Colorado Springs, CO 80905

3
2
1,274 sqft
PITI Monthly
$1,440.09 /mo

Listing courtesy of: Darlene Zarco, Pikes Peak Legacy Realty

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,041 /mo
$1,691 /mo

What's Special

DINING
SPACIOUS
MODERN
COZY
SOLAR PANELS

This beautifully maintained bi-level home offers a perfect balance of comfort, functionality, and energy efficiency. Featuring 3 well-sized bedrooms, an office, and 1.5 bathrooms. Step inside to discover the main level, luxurious vinyl plank flooring flows throughout, providing a modern, low-maintenance look. The living and dining areas are bathed in natural light, creating a welcoming atmosphere. Upstairs, you’ll find two spacious bedrooms, each featuring carpeting for a cozy, comfortable feel. The full bathroom is conveniently located just down the hall. For those needing a dedicated workspace, the lower level also offers a spacious office—perfect for working from home, studying, or pursuing creative projects. One of the standout features of this home is the paid-off solar panels, providing significant savings on energy bills and reducing your carbon footprint. Enjoy the benefits of renewable energy and peace of mind knowing the solar panels are already paid for. This home blends modern upgrades with eco-friendly features, offering both style and savings. Don’t miss out on the chance to make it yours—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,440.09/mo
Estimated Loan Balance
$237,256
Cash to close
$113,347
Interest Paid
$30,445

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air, Solar
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $266.88
  • Tax Annual Amount: $863
  • On Market Date: 2025-01-30T00:00:00.000Z
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 $113,347 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $113,347!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$226,653
Your Cash$113,347
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,041/mo
Traditional @ 7.5%
$1,754/mo
You save $713/month ($8,560/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3110291

Listing From: recolorado

Last updated: 2025-02-28T01:17:19.000Z

© , 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

$1,041 /mo
$1,691 /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 $113,347 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $113,347!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$226,653
Your Cash$113,347
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,041/mo
Traditional @ 7.5%
$1,754/mo
You save $713/month ($8,560/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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