Laura Jewett

Laura Jewett

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Active

$400,000

($32,014 down)
VA

4087 London Lane, Colorado Springs, CO 80916

3
3
0 sqft
PITI Monthly
$2,368.31 /mo

Listing courtesy of: Lynn Rivera ABR GRI MRP , Pikes Peak Dream Homes Realty

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,114 /mo
$2,591 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
SPACIOUS
MODERN
RENOVATED
LUXURY
SOAKING TUB
MOUNTAIN VIEWS
NO HOA

Just in time for Spring, this ranch style home in the Southborough neighborhood offers the classic charm of an established neighborhood with the modern twist you desire! Renovated in 2022, this incredible home has a combination of luxury vinyl, carpet, and tile floors. The kitchen is bathed in natural light from the window above the sink, enhancing its bright and airy feel. Designed with an open concept, it features stunning quartz countertops, stainless steel GE appliances, plentiful counter and cabinet space, and a pantry for additional storage! The main-level primary suite is impressively spacious, as you'll see upon viewing. It’s paired with a stunning four-piece bath featuring a generous shower, a lavish soaking tub, a stylish vanity, and additional closet space—it’s absolutely gorgeous! An additional half bath rounds out the main level. The basement features 2 additional bedrooms, a 3/4 bath, a spacious recreation space and a mechanical room with laundry hookups and ample storage space. You’ll also enjoy the comforts of central air conditioning for those sizzlin’ summer days, an attached one-car garage, and a large back yard…mountain views included! With no HOA and easy access to Academy and Powers Blvds, and I-25, and surrounded by a plethora of dining and shopping venues, this home has a lot to offer! Having been recently renovated with nearly everything new, all it needs is a new owner, and that should be YOU! Your Search is Over…Welcome Home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,368.31/mo
Estimated Loan Balance
$368,494
Cash to close
$32,014
Interest Paid
$54,111

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: Rear
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: SF Home
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $400,000
  • Tax Annual Amount: $1256.48
  • On Market Date: 2025-04-02T21:54:06.000Z
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 $32,014 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $32,014!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$367,986
Your Cash$32,014
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,114/mo
Traditional @ 7.5%
$2,688/mo
You save $574/month ($6,888/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4058904

Listing From:

Last updated: 2025-03-19T02:35:06.000Z

© , 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

5.23%
7.15%

Principal & Interest

$2,114 /mo
$2,591 /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 $32,014 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $32,014!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$367,986
Your Cash$32,014
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,114/mo
Traditional @ 7.5%
$2,688/mo
You save $574/month ($6,888/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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