Laura Jewett

Laura Jewett

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Closed

$899,900

($423,144 down)
VA

265 Balmoral Way, Colorado Springs, CO 80906

4
5
5,014 sqft
PITI Monthly
$2,635.79 /mo

Listing courtesy of: Shannon Conry, RE/MAX ALLIANCE

Assumed Rate

2.84%
7.15%

Principal & Interest

$2,113 /mo
$3,455 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY
FIREPLACE
WALK-IN CLOSET
FLEX SPACE
THEATER ROOM
DECK
COZY

Assumable VA loan. Welcome home! Gorgeous 4 bedroom, 5 bathroom two story nestled on a .40 acre lot on a quiet street near Cheyenne Mountain. Light and bright floor plan. Large kitchen with ample counter and cabinet space, island, beverage center, dual dishwasher and gas range overlooking the living room with a cozy gas fireplace. Main floor study with built-ins and gas fireplace, formal dining, eating space, powder room and laundry/mud room. Main floor master bathroom with two walk-in closets and private 5-piece bathroom with jetted tub. 3 additional, spacious bedrooms upstairs, each with their own walk-in closet along with 2 full bathrooms. Finished walkout basement with theater room, open rec room and additional flex space-perfect for workout room, storage or possible 5th bedroom. Rare, heated 4-car tandem garage and composite deck overlooking the huge, treed lot with lots of privacy. All appliances stay. Extended wood floors throughout the main level. Unbeatable location with easy access to I-25, The Broadmoor, Fort Carson and Schriever AFB. Close to award-winning D-12 schools, trails, shopping, entertainment and outdoor recreation. Enjoy the conveniences of the city in a mountainous setting. This home has been lovingly maintained and is completely move-in ready for the next owner. Don't miss out!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,635.79/mo
Estimated Loan Balance
$478,718
Cash to close
$423,144
Interest Paid
$47,836

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Bedroom, Gas, Living Room
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Spanish Tile
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Stucco
  • Roof: Spanish Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stonecliff
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: The Spires
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Annually
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $179.48
  • Tax Annual Amount: $3673
  • On Market Date: 2024-11-16T00:00:00.000Z
Inquire about this property

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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 $423,144 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $423,144!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$476,756
Your Cash$423,144
Total Purchase Price:$899,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,113/mo
Traditional @ 7.5%
$3,584/mo
You save $1,471/month ($17,654/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6803384

Listing From: recolorado

Last updated: 2025-02-12T17:50:16.000Z

© , 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

$2,113 /mo
$3,455 /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 $423,144 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $423,144!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$476,756
Your Cash$423,144
Total Purchase Price:$899,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$2,113/mo
Traditional @ 7.5%
$3,584/mo
You save $1,471/month ($17,654/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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