Laura Jewett

Laura Jewett

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Closed

$395,000

($33,920 down)
VA

4240 Millburn, Colorado Springs, CO 80906

4
2
1,088 sqft
PITI Monthly
$2,597.52 /mo

Listing courtesy of: Dominic Miller, Ed Prather Real Estate

Assumed Rate

6.71%
7.15%

Principal & Interest

$2,358 /mo
$2,465 /mo

What's Special

REMODELED
SHOPPING
DINING
SPACIOUS
DECK
QUIET NEIGHBORHOOD

This beautiful 4 bed 2 bath home in Stratmoor South is perfectly situated in a quiet neighborhood just minutes from Fort Carson's main gate, offering easy access to shopping, dining, and the newly developed south side of town. The residence has been fully remodeled, featuring upgraded bathrooms, all new appliances, including a new water heater, and french doors in the kitchen that lead out to a brand new deck. The home also boasts laminate flooring, updated countertops, and comes with a washer and dryer. A security system is included for added peace of mind. The property is enclosed by new fencing and sits on one of the largest lots in the neighborhood. The exterior features attractive brickwork, with siding that is only three years old, and a hail-resistant shingle roof. The spacious front and back yards are ideal for outdoor activities, and a new above-ground pool offers a refreshing escape during the summer months. Inside, you'll stay cool with brand new central A/C. Concerned about furnishing? No need as this home comes partially furnished, with most of the remaining furniture available for purchase, except for the basement bedroom and the large couch in the dining area. The kitchen and backyard offer breathtaking views of the mountains. Don't miss out on this fantastic opportunity—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.71
Remaining Loan Term
28 years, 4 months
Monthly PITI
$2,597.52/mo
Estimated Loan Balance
$361,417
Cash to close
$33,920
Interest Paid
$40,471

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • 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, Wood Burning
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Outdoor Pool, Private

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $363.05
  • Tax Annual Amount: $1078
  • On Market Date: 2024-08-22T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $33,920 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $33,920!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$361,080
Your Cash$33,920
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$2,358/mo
Traditional @ 7.5%
$2,557/mo
You save $199/month ($2,393/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5111975

Listing From: recolorado

Last updated: 2024-10-01T18:14:38.000Z

© , 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

6.71%
7.15%

Principal & Interest

$2,358 /mo
$2,465 /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 $33,920 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $33,920!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$361,080
Your Cash$33,920
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$2,358/mo
Traditional @ 7.5%
$2,557/mo
You save $199/month ($2,393/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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