Laura Jewett

Laura Jewett

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$361,000

($201,992 down)
FHA

6720 Chippewa Road, Colorado Springs, CO 80915

3
2
1,524 sqft
PITI Monthly
$1,297.46 /mo

Listing courtesy of: Sabrina Cooks, LPT Realty LLC

Assumed Rate

4.08%
7.15%

Principal & Interest

$913 /mo
$1,280 /mo

What's Special

LOCATION
SPACIOUS
FIREPLACE
DECK
MOUNTAIN VIEWS
CHARMING
COZY

Welcome to this charming tri-level home located in School District 11! Featuring 3 spacious bedrooms and 2 bathrooms, this property offers comfort and convenience. The large master bedroom provides a peaceful retreat, while the open kitchen includes a central island, perfect for meal prep and gatherings. Enjoy cozy evenings in the living room by the fireplace, or step outside on the deck to a spacious backyard ideal for entertaining, pets, or gardening. The backyard also includes a convenient storage shed for all your tools and equipment. From the front of the home, take in beautiful mountain views that add to the property’s appeal. Additional highlights include a washer and dryer, a carport for convenient parking. Don’t miss the chance to own this wonderful home that combines functionality with comfort in a great location. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.08
Remaining Loan Term
22 years, 0 months
Monthly PITI
$1,297.46/mo
Estimated Loan Balance
$209,869
Cash to close
$201,992
Interest Paid
$57,199

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
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: 1982
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $236.88
  • Tax Annual Amount: $1197.42
  • On Market Date: 2025-04-02T22:05:48.000Z
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 $201,992 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $201,992!

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

Loan Breakdown

Assumed Mortgage4.08% Sellers Rate
$159,008
Your Cash:$201,992
Total Purchase Price:$361,000

Assumed vs Traditional Mortgage

Assumed @ 4.08%
$913/mo
Traditional @ 7.5%
$1,328/mo
You save $414/month ($4,970/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 5696033

Listing From:

Last updated: 2025-03-26T04:20:27.000Z

© , 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

4.08%
7.15%

Principal & Interest

$913 /mo
$1,280 /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 $201,992 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $201,992!

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

Loan Breakdown

Assumed Mortgage4.08% Sellers Rate
$159,008
Your Cash:$201,992
Total Purchase Price:$361,000

Assumed vs Traditional Mortgage

Assumed @ 4.08%
$913/mo
Traditional @ 7.5%
$1,328/mo
You save $414/month ($4,970/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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