Laura Jewett

Laura Jewett

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Closed

$449,000

($51,186 down)
VA

2530 Ellingwood Drive, Colorado Springs, CO 80910

3
3
1,732 sqft
PITI Monthly
$2,065.23 /mo

Listing courtesy of: Kassi Reiger, RE/MAX Momentum

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,797 /mo
$2,939 /mo

What's Special

DINING
FINISHED BASEMENT
BALCONY
MOUNTAIN VIEWS

Welcome home to 2530 Ellingwood Drive in Colorado Spring. This low maintenance single family home offers 2,394 square feet of space situated conveniently between the Springs airport and Fort Carson. With beautiful curb appeal, you'll notice a primary bedroom balcony that offers incredible mountain views. All 3 bedrooms and laundry are located upstairs while the unfinished basement gives buyers an opportunity to customize their dream space and build equity. Notice a large powder bath on the main floor with a built-in cabinet nook nearby, perfect for a coffee bar. Furnace, AC & Water Heater are all 1 year old. Ellingwood has a fenced in side yard so bring your furry friends or lock and leave when you're traveling. Just down the road you'll be pleased to see a target, several gas stations, eating/dining, Harrison High School and Valley Hi Golf Course - all within 10 minutes. Truly a remarkable floorpan that allows for comfort and flexibility. 2530 Ellingwood welcomes you home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,065.23/mo
Estimated Loan Balance
$409,642
Cash to close
$51,186
Interest Paid
$40,685

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Roof: Composition
Condition
  • Year Built: 2015
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spring Creek
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Spring Creek
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $259.24
  • Tax Annual Amount: $1217
  • On Market Date: 2024-08-09T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $51,186 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $51,186!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$397,814
Your Cash$51,186
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,797/mo
Traditional @ 7.5%
$3,048/mo
You save $1,251/month ($15,015/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1983213

Listing From: recolorado

Last updated: 2024-09-22T20:05:22.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,797 /mo
$2,939 /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 $51,186 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $51,186!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$397,814
Your Cash$51,186
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,797/mo
Traditional @ 7.5%
$3,048/mo
You save $1,251/month ($15,015/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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