Laura Jewett

Laura Jewett

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Closed

$355,000

($58,813 down)
FHA

7230 Red Cloud Street, Colorado Springs, CO 80911

4
2
1,740 sqft
PITI Monthly
$2,171.54 /mo

Listing courtesy of: Christie Held, HomeSmart

Assumed Rate

5.23%
7.15%

Principal & Interest

$1,687 /mo
$2,069 /mo

What's Special

SHOPPING
SPACIOUS
FINISHED BASEMENT
HOME OFFICE
PATIO
CHARMING
NO HOA

Discover this Colorado Springs gem, now waiting for you! This home is ready for you to move in! With it’s freshly painted 4 bedrooms, 2 bathrooms, and 2 spacious living areas. Come sit back, relax, and enjoy! It boasts a new roof, and gutters replaced in 2022, new kitchen appliances in 2023, new water heater, newer A/C & Furnace, and new carpet in the upstairs bedrooms! The finished basement features a large laundry room, plus a bonus room that can also be used as a Home Office with an additional storage area. The main floor has access to the attached 2-car Garage, allowing you to build and create at the handy workbench, and park your toys in the large driveway. The allure of this home extends outdoors to a charming patio, and generously sized yard, ready for you to entertain friends, family, and pets at your leisure, and with no HOA! Near Ft. Carson & Peterson AFB, Colorado Springs Airport, schools, parks, shopping and more! Not to forget, only minutes from access to I-25, and Hwy-21. Your new home looks forward to meeting you!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,171.54/mo
Estimated Loan Balance
$297,366
Cash to close
$58,813
Interest Paid
$43,200

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Tile, Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Other
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: Traditional
Materials
  • Frame, Vinyl Siding
  • Roof: Other
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $204.02
  • Tax Annual Amount: $1406
  • On Market Date: 2024-09-18T00:00:00.000Z
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 $58,813 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $58,813!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$296,187
Your Cash$58,813
Total Purchase Price:$355,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$1,687/mo
Traditional @ 7.5%
$2,146/mo
You save $458/month ($5,499/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4741619

Listing From: recolorado

Last updated: 2024-11-09T05:36:16.000Z

© , 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

$1,687 /mo
$2,069 /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 $58,813 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $58,813!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$296,187
Your Cash$58,813
Total Purchase Price:$355,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$1,687/mo
Traditional @ 7.5%
$2,146/mo
You save $458/month ($5,499/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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