Laura Jewett

Laura Jewett

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Under Contract

$449,900

($180,117 down)
FHA

5130 Picket Drive, Colorado Springs, CO 80918

5
3
2,794 sqft
PITI Monthly
$4,266.62 /mo

Listing courtesy of: Erika Zeigler-Rabet, HomeSmart

Assumed Rate

2.15%
7.15%

Principal & Interest

$3,709 /mo
$4,677 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
MASTER SUITE
FINISHED BASEMENT
DECK
MATURE TREES
MOUNTAIN VIEWS
COZY

Welcome to Your Dream Home in Garden Ranch Estates! Step into elegance and comfort with this stunning home, perfectly nestled in the highly desirable Garden Ranch Estates. Designed for both relaxation and entertaining, this property boasts a beautifully updated eat-in kitchen with sleek quartz countertops and a stylish bar, ideal for gathering with family and friends. Unwind in the cozy family room, where a wood-burning fireplace sets the perfect ambiance for chilly evenings. Step outside onto the expansive wooden deck and take in breathtaking, unobstructed mountain views, a serene backdrop for morning coffee or evening relaxation. Upstairs, you'll find four spacious bedrooms and a full bath, offering ample room for your loved ones. The master suite is a true retreat, complete with a sitting area, walk-in closet, and en-suite bathroom. The finished basement adds even more space with an additional family room, bedroom, and convenient laundry area—perfect for guests or extra living space. Recent Upgrades & Features: Brand-new AC system installed in 2024 for year-round comfort, New quartz countertops for a modern, luxurious feel, Fresh carpeting throughout the home, New garage door openers for added convenience, Mature trees provide privacy and natural beauty. Enjoy proximity to Garden Ranch Park and University Park Open Spaces & Trails, offering endless outdoor adventures. With easy access to I-25, shopping centers, and top restaurants, this home perfectly blends tranquility and urban convenience. Don't miss your chance to own this exceptional property—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.15
Remaining Loan Term
6 years, 6 months
Monthly PITI
$4,266.62/mo
Estimated Loan Balance
$381,043
Cash to close
$180,117
Interest Paid
$25,386

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Vinyl, 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: 1976
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $161.02
  • Tax Annual Amount: $1488.76
  • On Market Date: 2025-04-02T22:19:33.000Z
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 $180,117 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $180,117!

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

Loan Breakdown

Assumed Mortgage2.15% Sellers Rate
$269,783
Your Cash$180,117
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 2.15%
$3,709/mo
Traditional @ 7.5%
$4,754/mo
You save $1,045/month ($12,543/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 1435534

Listing From:

Last updated: 2025-03-31T18:42:52.000Z

© , 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

2.15%
7.15%

Principal & Interest

$3,709 /mo
$4,677 /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 $180,117 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $180,117!

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

Loan Breakdown

Assumed Mortgage2.15% Sellers Rate
$269,783
Your Cash$180,117
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 2.15%
$3,709/mo
Traditional @ 7.5%
$4,754/mo
You save $1,045/month ($12,543/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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