Laura Jewett

Laura Jewett

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$422,500

($50,466 down)
FHA

7003 Cleveland Court, Colorado Springs, CO 80911

5
3
2,198 sqft
PITI Monthly
$2,701.7 /mo

Listing courtesy of: Robert Reinmuth, Acquire Homes Inc

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,137 /mo
$2,620 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
HARDWOOD FLOORS
FIREPLACE
PATIO
PRIVATE BACKYARD
FENCED YARD
CUL-DE-SAC

***See the Amazing Video at the Virtual Tour Link on the listing***This spacious home offers a thoughtfully designed layout perfect for comfortable living and entertaining. Hardwood floors add warmth and character to the upper level living & sleeping spaces. The upper-level kitchen is functional with space for a small eat in table or mobile work island making cooking an easy task. The enclosed patio is great to entertain for holidays or parties! A standout feature of this home is the space for a second kitchen on the lower level complete with cabinets, a refrigerator, and gas stove/oven. Family room with a wood burning fireplace, 2 bedrooms, and a bathroom complete the lower level. Ideal for multi-generational living, a guest suite, or hosting friends and family with ease. This flexible space offers endless possibilities to suit your lifestyle with walk out access to the backyard that can be used as a private entrance. Situated on a quiet cul-de-sac, the property boasts a private backyard perfect for outdoor gatherings or simply relaxing and enjoying the Colorado sunshine. The yard has been separated into 2 areas giving the upper level and lower level their own fenced yards. The location provides convenience being close to schools, parks, shopping, and dining. Don't miss the opportunity to make this versatile home your own. Schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,701.7/mo
Estimated Loan Balance
$387,980
Cash to close
$50,466
Interest Paid
$53,083

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Lower Level, One, Wood Burning
  • Flooring: Tile, Vinyl, Wood, Luxury Vinyl

Exterior

Fencing
  • Fencing: Front Yard, Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
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: 1972
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $192.22
  • Tax Annual Amount: $1681.72
  • On Market Date: 2025-04-02T21:38:51.000Z
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 $50,466 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $50,466!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$372,034
Your Cash$50,466
Total Purchase Price:$422,500

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,137/mo
Traditional @ 7.5%
$2,717/mo
You save $580/month ($6,963/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4159486

Listing From:

Last updated: 2025-03-04T00:27:57.000Z

© , 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

5.23%
7.15%

Principal & Interest

$2,137 /mo
$2,620 /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 $50,466 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $50,466!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$372,034
Your Cash$50,466
Total Purchase Price:$422,500

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,137/mo
Traditional @ 7.5%
$2,717/mo
You save $580/month ($6,963/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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