Laura Jewett

Laura Jewett

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$475,000

($212,460 down)
VA

5049 Old Mill Road, Colorado Springs, CO 80917

4
2
2,112 sqft
PITI Monthly
$1,471.07 /mo

Listing courtesy of: Justin Critchfield CREN MRP , Coldwell Banker Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,220 /mo
$1,970 /mo

What's Special

REMODELED
MOVE-IN READY
MODERN
FIREPLACE
VAULTED CEILINGS
DECK
COZY

Welcome home! This stunning rancher features 4 nicely sized bedrooms, 2 conveniently located bathrooms, and plenty of storage in your new 2-car garage. This home was meticulously maintained, remodeled and updated multiple times, all while providing that modern charm in the mature neighborhood of Old Farm, located in Northeast Colorado Springs. This property was built in 1984, offers 2,270 square feet, including a full basement and bedroom walkout. The kitchen offers a perfect blend of modern elegance and function, remodeled in 2019 with beautiful quartz countertops, newer appliances, and matching backsplash. New carpet throughout in March 2025, new interior paint, and spare quartz countertop material to finish the bathroom updates (matching kitchen countertops). The main level features newer flooring, a cozy wood-burning fireplace, and impressive vaulted ceilings with elevated windows, adding natural light and brightening the space. Both the front and rare decks have been replaced and offer plenty of space to entertain or enjoy a morning coffee. New furnace and A/C in 2019, active radon mitigation system in place, and completely move-in ready!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,471.07/mo
Estimated Loan Balance
$263,691
Cash to close
$212,460
Interest Paid
$36,741

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Main Level, Wood Burning
  • Flooring: Carpet, Luxury Vinyl

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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $224.91
  • Tax Annual Amount: $1008.27
  • On Market Date: 2025-04-02T22:01:14.000Z
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 $212,460 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $212,460!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$262,540
Your Cash$212,460
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,220/mo
Traditional @ 7.5%
$2,044/mo
You save $823/month ($9,879/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 1990351

Listing From:

Last updated: 2025-03-24T03:01:15.000Z

© , 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

$1,220 /mo
$1,970 /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 $212,460 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $212,460!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$262,540
Your Cash$212,460
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,220/mo
Traditional @ 7.5%
$2,044/mo
You save $823/month ($9,879/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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