Laura Jewett

Laura Jewett

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Closed

$815,000

($168,616 down)
VA

5419 Paddington Creek Place, Colorado Springs, CO 80924

4
4
4,079 sqft
PITI Monthly
$3,666.71 /mo

Listing courtesy of: Marcus Reynolds, The Polaris Group LLP

Assumed Rate

2.94%
7.15%

Principal & Interest

$2,950 /mo
$4,762 /mo

What's Special

AWARD WINNING
SHOPPING
DINING
SPACIOUS
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
WET BAR
WALKING TRAILS
CUL-DE-SAC
COZY

Sought after Paradise Ranch plan by Classic Homes located on a quiet cul-de-sac in the Wolf Ranch Community. This stunning open floorplan will enchant you with high ceilings and tons of natural light. The kitchen offers an entertaining space with easy access to the spectacular back yard... complete with fire pit and hot tub! You will find the formal dining room through the butler's pantry (coffee station) and additional seating right around the large kitchen island. The spacious primary suite includes a 5 piece bathroom, walk-in closet and convenient access to the laundry room. Additional laundry hook-ups are located in the walk-in closet. The mud room/laundry area leads to a finished 3 car garage featuring ceiling racks for additional storage. A fully finished basement provides more room to spread out and play, complete with a full wet bar room that could easily be a second kitchen, surround sound and cozy fireplace. Don't miss the junior suite in the basement with private bathroom. This home checks all the boxes and no detail has been overlooked. Wolf Lake is perfect for fishing, paddle boarding, kayaking, walking and more. Enjoy the nearby parks, walking trails and open spaces, providing endless opportunities for outdoor activities. With award winning District 20 schools and close proximity to shopping and amenities... VA Assumable Loan @2.875%. This home will not last long. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
26 years, 3 months
Monthly PITI
$3,666.71/mo
Estimated Loan Balance
$699,733
Cash to close
$168,616
Interest Paid
$74,655

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Living Room
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2017
Details
  • Builder: Classic Homes

Community & HOA

Community
  • Subdivision: Wolf Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Warren Management Group
  • HOA Amenities: Unknown
  • HOA Fee: $69
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $199.8
  • Tax Annual Amount: $6006
  • On Market Date: 2024-08-29T00:00:00.000Z
Inquire about this property

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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 $168,616 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $168,616!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$646,384
Your Cash$168,616
Total Purchase Price:$815,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,950/mo
Traditional @ 7.5%
$4,939/mo
You save $1,990/month ($23,875/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4077230

Listing From: recolorado

Last updated: 2024-11-07T07:33:16.000Z

© , 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

2.94%
7.15%

Principal & Interest

$2,950 /mo
$4,762 /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 $168,616 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $168,616!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$646,384
Your Cash$168,616
Total Purchase Price:$815,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,950/mo
Traditional @ 7.5%
$4,939/mo
You save $1,990/month ($23,875/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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