Laura Jewett

Laura Jewett

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Under Contract

$305,999

($3,404 down)
FHA

508 Kiva Road, Colorado Springs, CO 80911

3
1
924 sqft
PITI Monthly
$2,232.12 /mo

Listing courtesy of: Tyler Young, Venterra Real Estate LLC

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,766 /mo
$2,122 /mo

What's Special

LOCATION
MODERN
STAINLESS STEEL APPLIANCES
CHARMING
COZY

Discover this charming 3-bedroom, 1-bathroom home, perfectly situated on a desirable corner lot. Spanning 924 square feet, this cozy residence is a blend of classic charm and modern convenience. The home features beautiful original natural wood flooring that adds warmth and character throughout. The kitchen is updated with new stainless steel appliances, providing a sleek and functional space for your culinary adventures. With its close proximity to amenities, this location offers both convenience and accessibility for your daily needs. The exterior of the home is equally impressive with a fully fenced backyard, offering privacy and a secure space for outdoor activities. Additionally, there is room for RV parking on the side and an attached 1-car garage, providing ample parking and storage options. Inside, you’ll find a convenient mudroom laundry room, perfect for managing daily chores. The yard is an ideal setting for gardening, entertaining, or simply relaxing in your own private oasis. Whether you are a first-time homebuyer or looking to downsize, this property provides a wonderful opportunity to enjoy comfortable living in a well-established neighborhood. Don’t miss out on the chance to make this delightful house your new home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,232.12/mo
Estimated Loan Balance
$319,138
Cash to close
$3,404
Interest Paid
$43,146

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Wood

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
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: 1958
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $331.17
  • Tax Annual Amount: $1119.09
  • On Market Date: 2025-04-02T21:38:32.000Z
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 $3,404 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $3,404!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$302,595
Your Cash$3,404
Total Purchase Price:$305,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,766/mo
Traditional @ 7.5%
$2,201/mo
You save $435/month ($5,219/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6454873

Listing From:

Last updated: 2025-03-03T17:17:05.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,766 /mo
$2,122 /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 $3,404 (1%)
You can enter any amount below - secondary financing will cover the difference if needed.
1%
$

You cover the entire equity of $3,404!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$302,595
Your Cash$3,404
Total Purchase Price:$305,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,766/mo
Traditional @ 7.5%
$2,201/mo
You save $435/month ($5,219/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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