Laura Jewett

Laura Jewett

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Closed

$420,000

($75,248 down)
FHA

2857 Jon Street, Colorado Springs, CO 80907

3
2
1,768 sqft
PITI Monthly
$2,031.85 /mo

Listing courtesy of: Scott Coddington, Pulse Real Estate Group LLC

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,525 /mo
$2,494 /mo

What's Special

SPACIOUS
HARDWOOD FLOORS
FINISHED BASEMENT
HOME OFFICE
PATIO
CHARMING
COZY

Welcome to this charming brick rancher, ideally located in the established Kitty Hawk neighborhood, just a short walk from the tranquil Nancy Lewis Park and minutes from easy access to I-25. This well-maintained three-bedroom, two-bathroom home is nestled on a quiet, tree-lined street, offering both privacy and convenience near downtown. The property features a lush front and backyard, perfect for BBQs and gatherings, with a spacious concrete patio ideal for outdoor entertaining. Inside, the main level includes a bright and spacious living room, two cozy bedrooms, and a well-equipped kitchen with ample cabinet space for storage and meal prep. Hardwood floors lie beneath the main level's carpeting, adding timeless character to the home. Downstairs, the fully finished basement offers a versatile living area with a large, functional wood-burning stove—perfect for chilly nights. The basement also provides a third bedroom and a second bathroom, ideal for guests, a home office, or additional family space. This home showcases pride of ownership with updated roof, water heater, electrical panel, furnace, and insulated garage door. Complete with alley access, carport and a handy shed for extra storage in additional to 1 car attached garage, this centrally located gem is ready to welcome you home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,031.85/mo
Estimated Loan Balance
$346,869
Cash to close
$75,248
Interest Paid
$35,328

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Linoleum

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • 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
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $237.56
  • Tax Annual Amount: $1146
  • On Market Date: 2024-09-25T00:00:00.000Z
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 $75,248 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $75,248!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$344,752
Your Cash$75,248
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,525/mo
Traditional @ 7.5%
$2,586/mo
You save $1,062/month ($12,740/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8970113

Listing From: recolorado

Last updated: 2025-03-15T03:43:19.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,525 /mo
$2,494 /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 $75,248 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $75,248!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$344,752
Your Cash$75,248
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,525/mo
Traditional @ 7.5%
$2,586/mo
You save $1,062/month ($12,740/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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