Laura Jewett

Laura Jewett

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Active

$420,000

($107,635 down)
VA

3867 Papuan Drive, Colorado Springs, CO 80922

3
3
1,671 sqft
PITI Monthly
$1,722.76 /mo

Listing courtesy of: Kim Kentera, Keller Williams Clients Choice Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,452 /mo
$2,344 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
LUXURY
WALK-IN CLOSET
PATIO
MOUNTAIN VIEWS
AFFORDABLE

What A Find! Affordable And Chic! This beautifully updated and meticulously maintained 3-bedroom, 3-bathroom home sits on a prime corner lot in the highly sought-after Falcon Terrace, a Maintenance-Free community! With an open and airy floor plan, this home is flooded with natural light, creating a bright and welcoming atmosphere throughout. You'll love the newly installed luxury vinyl wood flooring that greets you in the entry and main level, providing both durability and style. The spacious kitchen is a chef’s dream, featuring terrific counter space, upgraded and trending gold hardware and lighting, a walk-in pantry, and a central island – perfect for meal prep and entertaining. The huge master bedroom suite offers picturesque mountain views, a bonus sitting area, and an attached private bath with a walk-in closet for added convenience. All bedrooms, along with the laundry room (clothes washer and dryer included!), are located on the upper level for ease of living. Step outside to the large rear patio with a touch of turf for your kids and pets. The home backs to an attractive and tiered, low maintenance backyard. This home also boasts central air for year-round comfort and a new water heater. Ideally located just minutes from military bases, schools, shopping, dining, and entertainment, this home truly offers the best of both comfort and convenience. Don’t miss the opportunity to make it yours—this one is certainly worth a peek!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,722.76/mo
Estimated Loan Balance
$313,734
Cash to close
$107,635
Interest Paid
$43,714

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric, Main Level
  • Flooring: Carpet, Wood, Luxury Vinyl

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 2012
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $251.35
  • Tax Annual Amount: $1449.77
  • On Market Date: 2025-04-02T22:28:09.000Z
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 $107,635 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $107,635!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$312,365
Your Cash$107,635
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,452/mo
Traditional @ 7.5%
$2,431/mo
You save $979/month ($11,753/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2643748

Listing From:

Last updated: 2025-04-02T19:30:00.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,452 /mo
$2,344 /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 $107,635 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $107,635!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$312,365
Your Cash$107,635
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,452/mo
Traditional @ 7.5%
$2,431/mo
You save $979/month ($11,753/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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