Laura Jewett

Laura Jewett

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Under Contract

$449,900

($54,593 down)
VA

5493 Statute Drive, Colorado Springs, CO 80922

3
3
1,449 sqft
PITI Monthly
$2,092.91 /mo

Listing courtesy of: Lauren Schneider, eXp Realty, LLC

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,807 /mo
$2,902 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
MASTER SUITE
EN SUITE BATHROOM
PATIO
PRIVATE BACKYARD
MATURE TREES
MOUNTAIN VIEWS
SHORT COMMUTE

*VA Assumable-Low Gap-Substitution Required-2.5% interest rate.* Welcome to this beautiful corner-lot, two-story home in the highly desirable Stetson Ridge neighborhood. Perfectly situated near Powers Blvd, Peterson SFB, Schriever SFB, and an array of shopping, dining, and entertainment options, this home offers both comfort and convenience. Enjoy stunning mountain views, as well as nearby walking and biking trails, schools, and parks. Step inside to find an inviting open-concept layout filled with natural light. The spacious living and dining areas seamlessly flow together, featuring stylish finishes and modern updates throughout. The larger kitchen offers ample counter space, stainless steel appliances and perfect for cooking. Upstairs, the master suite provides a peaceful retreat with an en suite bathroom and a walk-in closet, while additional two larger bedrooms offer plenty of space and a second full bath finish the well designed upper level. The basement is ready to be finished to suit your needs, offering potential for additional living space, a recreation room, or extra storage. High ceilings throughout add to the home's open and airy feel. Updated systems, including a newer sewer line, newer water heater, and central air, ensure peace of mind and year-round comfort. Outside, enjoy a private backyard oasis with an extended patio, privacy fencing and mature trees-perfect for relaxing or entertaining. With its unbeatable location, modern updates, and stunning surroundings, this home is a rare find. Schedule your showing today! Located close to schools, parks, and a short commute to Peterson SFB, Schriever SFB, and Fort Carson, this home is a must see!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,092.91/mo
Estimated Loan Balance
$396,951
Cash to close
$54,593
Interest Paid
$45,147

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $310.49
  • Tax Annual Amount: $1633
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $54,593 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $54,593!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$395,307
Your Cash$54,593
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,807/mo
Traditional @ 7.5%
$3,010/mo
You save $1,203/month ($14,440/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3812472

Listing From: recolorado

Last updated: 2025-03-18T01:05:25.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,807 /mo
$2,902 /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 $54,593 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $54,593!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$395,307
Your Cash$54,593
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,807/mo
Traditional @ 7.5%
$3,010/mo
You save $1,203/month ($14,440/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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