Laura Jewett

Laura Jewett

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$1,550,000

($764,358 down)
VA

7224 Lilac Place, Colorado Springs, CO 80920

5
5
6,182 sqft
PITI Monthly
$4,526.14 /mo

Listing courtesy of: Camellia Coray, Coldwell Banker Realty BK

Assumed Rate

3.34%
7.15%

Principal & Interest

$3,825 /mo
$5,870 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
WET BAR
COZY

Sweeping views of the Pikes Peak, Colorado Springs, & the Front Range! This property offers an incredible opportunity to own a 2.6-acre, corner lot in the middle of Colorado Springs! The cozy living room greets guests with a gas fireplace featuring a brick surround, a walkout to the backyard, & double doors to the rec room. Dual offices are situated off the entrance and feature pocket doors as a separator. French doors open to the formal dining room with a bay window & vaulted ceilings. The kitchen showcases Pikes Peak views, its spectacular size, and impressive finishes with granite counters, a walk-in pantry, SS appliances, a trash compactor & ice maker. Double skylights & a walkout illuminate the entire kitchen, as well as a built-in desk space. The main-level primary suite boasts double walk-in closets & a three-sided gas fireplace shared with 5-piece en-suite bath. A secondary suite is located just off the kitchen & second entrance to the home with a walk-in closet and adjoining full bath. Entertain in style with a rec room offering a pool table, wet bar, walkout, & unobstructed Front Range views. There are 2 additional bedrooms on the main level which share a full bathroom and both feature walk-in closets & built-in desks. The lower level presents a spacious family room with a gas fireplace, walkout, & one more bedroom with a full bathroom. Enjoy playing in the fully fenced backyard or take in the beautiful sunsets with Pikes Peak while relaxing in the hot tub. This property is zoned for horses & includes ample parking between the 3-car attached garage and 4 additional parking spaces in the circular driveway. A detached 2-story shop is perfect for RV parking or storage with a convenient lift to the attic.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.34
Remaining Loan Term
25 years, 5 months
Monthly PITI
$4,526.14/mo
Estimated Loan Balance
$1,087,450
Cash to close
$764,358
Interest Paid
$126,936

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 5
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Gas, Main Level, Three
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Shingle
Condition
  • Year Built: 1992
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $250.73
  • Tax Annual Amount: $4808
  • On Market Date: 2025-03-14T00:00:00.000Z
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Savings Calculator

Current cash to close is $764,358 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $764,358!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$785,642
Your Cash$764,358
Total Purchase Price:$1,550,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$3,825/mo
Traditional @ 7.5%
$6,089/mo
You save $2,263/month ($27,160/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5583037

Listing From: recolorado

Last updated: 2025-04-03T00:05:23.000Z

© , 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

3.34%
7.15%

Principal & Interest

$3,825 /mo
$5,870 /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 $764,358 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $764,358!

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

Loan Breakdown

Assumed Mortgage3.34% Sellers Rate
$785,642
Your Cash$764,358
Total Purchase Price:$1,550,000

Assumed vs Traditional Mortgage

Assumed @ 3.34%
$3,825/mo
Traditional @ 7.5%
$6,089/mo
You save $2,263/month ($27,160/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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