Laura Jewett

Laura Jewett

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Pending

$465,000

($0 down)*
FHA

Potential short sale please verify with your agent.

2318 Distinctive Drive, Colorado Springs, CO 80920

4
3
2,288 sqft
PITI Monthly
$3,205.78 /mo

Listing courtesy of: Daniel Kenney, Better Homes & Gardens Real Estate - Kenney & Co.

Assumed Rate

2.2%
7.15%

Principal & Interest

$2,449 /mo
$4,356 /mo

What's Special

SHOPPING
SPACIOUS
HARDWOOD FLOORS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
DECK
LANDSCAPED
COZY

Nestled on a sprawling 10,018 sq. ft. lot with breathtaking views of Pikes Peak and the Front Range, this well-maintained home offers a rare combination of space, convenience, and natural beauty. The freshly painted exterior, newly stained decks, and mature pine and blue spruce trees create a welcoming curb appeal, while the landscaped, low-maintenance yard showcases native plants and a fully fenced backyard. Enjoy sunrise views from the front sunroom or relax on one of two expansive back decks, both offering stunning mountain vistas and equipped with a handicap-accessible ramp. The southern-facing driveway ensures easy winter maintenance, while the Class 4 roof provides durability and peace of mind. Inside, this home is designed for comfort and functionality with sought-after main-level living. Oak hardwood floors and natural light fill the space, highlighting the open flow between the living areas. The kitchen features granite countertops and overlooks the cozy living room with a gas fireplace. The primary suite includes a spacious walk-in closet and an attached five-piece bath. Two additional bedrooms, main-level laundry, and an oversized garage add to the home’s practicality. The garden-level basement offers incredible versatility with a second laundry hookup, a large secondary living space, and a wood-burning fireplace for cozy winter nights. Located in the highly rated D20 school district, just minutes from John Venezia and Cottonwood Creek Parks, Chapel Hills Mall, and major shopping centers, this home offers the perfect blend of privacy and accessibility. With easy access to I-25, you’re never far from the best of Colorado Springs. Don’t miss this exceptional opportunity—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.2
Remaining Loan Term
26 years, 4 months
Monthly PITI
$3,205.78/mo
Estimated Loan Balance
$593,845
Cash to close
$0
Interest Paid
$49,776

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Dining Room, Gas, Wood Burning
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $203.23
  • Tax Annual Amount: $1598
  • On Market Date: 2025-03-14T00:00:00.000Z
Inquire about this property

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

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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 Mortgage2.2% Sellers Rate
$465,000
Your Cash$0
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$2,449/mo
Traditional @ 7.5%
$4,519/mo
You save $2,070/month ($24,836/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4801533

Listing From: recolorado

Last updated: 2025-03-18T02:15:20.000Z

© , 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

2.2%
7.15%

Principal & Interest

$2,449 /mo
$4,356 /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 Mortgage2.2% Sellers Rate
$465,000
Your Cash$0
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.2%
$2,449/mo
Traditional @ 7.5%
$4,519/mo
You save $2,070/month ($24,836/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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