Laura Jewett

Laura Jewett

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$472,500

($15,150 down)
FHA

5662 Last Chance Drive, Colorado Springs, CO 80927

3
2
1,629 sqft
PITI Monthly
$3,480.27 /mo

Listing courtesy of: Marisa Lindsay, eXp Realty, LLC

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,926 /mo
$3,150 /mo

What's Special

DESIRED
SHOPPING
ENTERTAINMENT
DINING
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
LANDSCAPED
CLUBHOUSE
COZY

IMMACULATE better than new, ranch home on corner lot located in the desired Banning Lewis Ranch! Enjoy a bright and open living area where you can cozy up in front of the beautiful cosmopolitan fireplace. The kitchen is designed for both style and functionality with large island counter bar, stainless steel appliances, plenty of cabinet and counter space and a pantry for storing all the extras, and opens to a large dining area with walk out to covered patio extending your living space outdoors, providing the perfect spot to unwind or host gatherings. The large master bedroom is a great retreat area with adjoined bath and large walk in closet, there is a 2nd bedroom, a office/flex room POSSIBLE 3RD BEDROOM with french doors and a full bath. Great extras include beautiful and durable LVP flooring, tankless water heater, low maintenance yard with sprinkler/drip system and built on a crawl space that is lined giving you plenty of storage. The Banning Lewis Community is 2nd to none where you will make great memories enjoying the beautifully landscaped parks, walking & biking trails, clubhouse with 24-hour fitness room, pools, splash park, tennis/pickleball courts, farmers markets and summer concerts! You are just minutes from Powers Corridor with plenty of restaurants, shopping and entertainment.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,480.27/mo
Estimated Loan Balance
$457,823
Cash to close
$15,150
Interest Paid
$51,978

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Main Level, One
  • Flooring: Carpet, Luxury Vinyl

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
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: Shingle
Condition
  • Year Built: 2023
Details
  • Builder: Richmond Am Hm

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Clubhouse, Community Center, Dog Park, Fitness Center, Hiking or Biking Trails, Park, Playground, Pool, Tennis Court(s)
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $290.06
  • Tax Annual Amount: $2084
  • On Market Date: 2025-02-28T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $15,150 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $15,150!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$457,350
Your Cash$15,150
Total Purchase Price:$472,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,926/mo
Traditional @ 7.5%
$3,267/mo
You save $341/month ($4,092/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3483507

Listing From: recolorado

Last updated: 2025-03-28T00:10:21.000Z

© , 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

6.43%
7.15%

Principal & Interest

$2,926 /mo
$3,150 /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 $15,150 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $15,150!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$457,350
Your Cash$15,150
Total Purchase Price:$472,500

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,926/mo
Traditional @ 7.5%
$3,267/mo
You save $341/month ($4,092/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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