Laura Jewett

Laura Jewett

(480) 628-2563
License SA525254000
Property SearchContact
OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$625,000

($622 down)
VA

5617 Makalu Drive, Colorado Springs, CO 80924

6
4
3,018 sqft
PITI Monthly
$4,152.03 /mo

Listing courtesy of: Kara Grossling, The Polaris Group LLP

Assumed Rate

4.56%
7.15%

Principal & Interest

$3,619 /mo
$4,636 /mo
$69,468 in interest paid off

What's Special

DOUBLE VANITY
SOAKING TUB
SEPARATE SHOWER
PATIO
LANDSCAPED
This expansive 6-bedroom, 4-bathroom home offers a captivating view of the mountains, a beautifully finished walk-out basement, and a meticulously
landscaped backyard. The open floor plan seamlessly connects the main living areas and large windows allow the warmth of natural light into every
room. Escape to the tranquility of your primary suite, where the en-suite bathroom offers: a soaking tub, separate shower, double vanity, and generous
closet space with dual closets. Step outside into your very own private oasis... Whether you're savoring your morning coffee on the patio ... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.56
Remaining Loan Term
22 years, 7 months
Monthly PITI
$4,152.03/mo
Estimated Loan Balance
$631,515
Cash to close
$622
Interest Paid
$69,468

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Other
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Bradley Ranch Metro District
  • HOA Amenities: Unknown
  • HOA Fee: $200
  • HOA Frequency: $Annually
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $207.09
  • Tax Annual Amount: $4392
  • On Market Date: Feb 03, 2024
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Savings Calculator

Current cash to close is $622 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
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0%20%50%

You cover the entire equity of $622!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$624,378
Your Cash$622
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$3,619/mo
Traditional @ 7.5%
$4,791/mo
You save $1,172/month ($14,061/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2870057

Listing From: recolorado

Last updated: Oct 01, 2024 05:56pm

© 2025, 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

4.56%
7.15%

Principal & Interest

$3,619 /mo
$4,636 /mo
$69,468 in interest paid off
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 $622 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$
0%20%50%

You cover the entire equity of $622!

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

Loan Breakdown

Assumed Mortgage4.56% Sellers Rate
$624,378
Your Cash$622
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.56%
$3,619/mo
Traditional @ 7.5%
$4,791/mo
You save $1,172/month ($14,061/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
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Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000
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Apr, 08 2025

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