Laura Jewett

Laura Jewett

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Closed

$495,000

($38,527 down)
VA

6785 Backcountry Loop, Colorado Springs, CO 80927

4
3
2,255 sqft
PITI Monthly
$3,103.31 /mo

Listing courtesy of: Michele Edling, LPT Realty

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,597 /mo
$3,184 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY
MODERN
PATIO
FENCED YARD
SAFE

This stunning 4-bedroom, 2.5 bathroom home in the desirable Banning Lewis Ranch neighborhood is waiting to welcome you. Move-in ready and meticulously maintained, this property offers the perfect blend of comfort, functionality, and modern upgrades. Step Inside and be greeted by a spacious foyer, setting the tone for the elegance of this home. The heart of the home seamlessly flows from the bright and airy living area to the kitchen and dining room, ideal for entertaining. Prepare culinary delights in a beautifully appointed kitchen boasting ample counter space, top-of-the-line appliances, and a walk-in pantry. Retreat upstairs to find your sanctuary in the tranquil master bedroom. Upstairs also features three additional bedrooms, a convenient laundry room, office area and a full guest bathroom. Relax and unwind in the outdoor oasis on your private patio, perfect for enjoying Colorado's beautiful weather. The fully fenced yard with low maintenance turf provides a safe haven for playtime. This sought-after community offers a vibrant lifestyle with easy access to top-rated schools, shopping, dining, and entertainment. Enjoy the numerous parks, trails, and outdoor activities that Banning Lewis Ranch has to offer. Don't miss your chance to own this beautiful piece of Colorado real estate!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$3,103.31/mo
Estimated Loan Balance
$457,681
Cash to close
$38,527
Interest Paid
$66,489

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Metal Siding, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Full
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, Metal Siding, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Banning Lewis Ranch Metro District
  • HOA Amenities: Unknown
  • HOA Fee: $88
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $219.51
  • Tax Annual Amount: $4074
  • On Market Date: 2024-09-16T00:00:00.000Z
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 $38,527 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $38,527!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$456,473
Your Cash$38,527
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,597/mo
Traditional @ 7.5%
$3,302/mo
You save $705/month ($8,463/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2655187

Listing From: recolorado

Last updated: 2024-11-01T18:42:16.000Z

© , 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

5.23%
7.15%

Principal & Interest

$2,597 /mo
$3,184 /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 $38,527 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $38,527!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$456,473
Your Cash$38,527
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,597/mo
Traditional @ 7.5%
$3,302/mo
You save $705/month ($8,463/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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