Laura Jewett

Laura Jewett

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Closed

$510,000

($212,982 down)
VA

7945 Buckeye Tree Lane, Colorado Springs, CO 80927

4
3
2,343 sqft
PITI Monthly
$2,208.12 /mo

Listing courtesy of: Colin Smith, Solid Rock Realty

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,695 /mo
$2,341 /mo

What's Special

SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
CLUBHOUSE

This luxurious, beautiful 2-story, 2-car garage home is a true Banning Lewis Ranch Neighborhood gem! The lot is over 7,000 sq ft making it one of the larger lots in the neighborhood and has beautiful views of the mountains in the back. Upon entering through the front door of this home, you are met by natural lighting that flows throughout with its large windows and gorgeous real hardwood flooring. The entry room features built-in shelving which makes this room very versatile. The kitchen is complete with a natural backsplash, granite countertops, ample cupboards for storage, and appliances to include a double wall oven! The open family room includes a stone fireplace. There is a super convenient built-in drop zone when you enter through the garage. Upstairs is the primary bedroom with its own private 5-piece bathroom and walk-in closet. There are 3 more bedrooms upstairs with another full bathroom and a loft space which provides endless possibilities - game or playroom area, office, and more! The home’s spacious unfinished basement also allows opportunity for homeowners to choose how to utilize the additional square footage like a home gym, storage, or turn into a finished living area to improve the home's value. The large backyard caters to truly enjoying the outdoors as well as to host hobbies such as gardening, games, hosting, and more! Homeowners of this neighborhood can have access to the neighborhood clubhouse, pools, nearby shopping centers, as well as to major roads and highways for faster commutes!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.2
Remaining Loan Term
22 years, 2 months
Monthly PITI
$2,208.12/mo
Estimated Loan Balance
$298,322
Cash to close
$212,982
Interest Paid
$105,792

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame, Other
  • Roof: Composition
Condition
  • Year Built: 2012
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Banning Lewis Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $87
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $217.67
  • Tax Annual Amount: $4160
  • On Market Date: 2024-09-06T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $212,982 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $212,982!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$297,018
Your Cash$212,982
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,695/mo
Traditional @ 7.5%
$2,428/mo
You save $733/month ($8,799/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6585200

Listing From: recolorado

Last updated: 2025-01-30T15:30:16.000Z

© , 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

4.2%
7.15%

Principal & Interest

$1,695 /mo
$2,341 /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 $212,982 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $212,982!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$297,018
Your Cash$212,982
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,695/mo
Traditional @ 7.5%
$2,428/mo
You save $733/month ($8,799/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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