Laura Jewett

Laura Jewett

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Closed

$699,900

($382,655 down)
VA

2328 W Pikes Peak Avenue, Colorado Springs, CO 80904

5
3
2,232 sqft
PITI Monthly
$1,730.9 /mo

Listing courtesy of: Lorraine Amos, The Cutting Edge

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,460 /mo
$2,333 /mo

What's Special

REMODELED
LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
HARDWOOD FLOORS

Welcome to this beautifully updated rancher in the heart of Old Colorado City. Just steps away from Bancroft Park, shopping, dining, and all the vibrant activities OCC has to offer, this gem is perfectly situated for convenience and entertainment. The property boasts 5 bedrooms, 3 bathrooms, and a pull-through driveway from the front to the rear. As you arrive, you'll immediately notice the new stucco and gutters, enhancing the home's curb appeal. The spacious covered porch is ideal for enjoying summer nights or early morning coffees. Inside, natural light floods the space, highlighting the refinished hardwood floors and fresh interior paint. The open-concept main level features two bedrooms, including a primary suite with a private bathroom. The fully remodeled secondary bathroom includes a tub/shower combo with a rainfall shower. The basement offers three additional spacious bedrooms, another bathroom, and all-new egress windows. Additionally, the basement and stairs have brand new carpet that was just installed. At the rear of the home, a brand-new 16-foot cedar fence provides privacy and space for parking or storing your toys. One of the best aspects of this home is its prime location, with easy access to I-25, Fort Carson, and Downtown Colorado Springs. The zoning of this property is R2, so possibilities are endless when it comes to any future rental ideas. Don’t miss the opportunity to see this exceptional property – schedule your showing today! This one won’t last long!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.02
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,730.9/mo
Estimated Loan Balance
$424,411
Cash to close
$382,655
Interest Paid
$45,493

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Concrete, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
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: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Concrete, Frame
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $313.58
  • Tax Annual Amount: $1254
  • On Market Date: 2024-05-23T00:00:00.000Z
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 $382,655 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $382,655!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$317,245
Your Cash:$382,655
Total Purchase Price:$699,900

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,460/mo
Traditional @ 7.5%
$2,419/mo
You save $960/month ($11,517/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3990652

Listing From: recolorado

Last updated: 2024-10-01T18:05:48.000Z

© , 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

3.02%
7.15%

Principal & Interest

$1,460 /mo
$2,333 /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 $382,655 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $382,655!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$317,245
Your Cash:$382,655
Total Purchase Price:$699,900

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,460/mo
Traditional @ 7.5%
$2,419/mo
You save $960/month ($11,517/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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