Laura Jewett

Laura Jewett

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Closed

$480,000

($280,520 down)
FHA

8440 Ilex Drive, Colorado Springs, CO 80920

4
4
1,799 sqft
PITI Monthly
$1,726.2 /mo

Listing courtesy of: Kris Sandal, Berkshire Hathaway HomeServices Colorado, LLC - Highlands Ranch Real Estate

Assumed Rate

3.87%
7.15%

Principal & Interest

$1,223 /mo
$1,757 /mo

What's Special

LOCATION
FIREPLACE
FINISHED BASEMENT
PATIO
SPRINKLER SYSTEM
NO HOA

Welcome to this 4 bedroom/4 bath home. Highlights include a new roof, a radon mitigation system, finished basement, and loads of natural light!! Located in D20 school district with no HOA. Excellent location!! Step inside to find a warm and inviting space. Stainless steal appliances, gas cooking stove, eat at kitchen island and pantry makes meal time a breeze. The family room connected to the kitchen makes a great entertaining space. The gas fireplace adds to the ambience on chilly evenings. The finished basement provides additional living space that can be tailored to your needs-whether a home theater, gym, or playroom, the possiblities are as endless as your imagination. Front and back sprinkler system. Allow your green thumb to come alive as you make this large, fenced backyard space with covered patio your oasis. Don't miss the opportunity to make this home yours. Schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.87
Remaining Loan Term
20 years, 11 months
Monthly PITI
$1,726.2/mo
Estimated Loan Balance
$215,009
Cash to close
$280,520
Interest Paid
$83,270

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas
  • Flooring: Carpet, Linoleum

Exterior

Fencing
  • Fencing: Partial
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: Traditional
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadow Ridge at Briargate
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $266.81
  • Tax Annual Amount: $1829
  • On Market Date: 2024-08-16T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $280,520 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $280,520!

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

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$199,480
Your Cash:$280,520
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$1,223/mo
Traditional @ 7.5%
$1,823/mo
You save $600/month ($7,201/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3253601

Listing From: recolorado

Last updated: 2024-10-24T18:24:16.000Z

© , 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

3.87%
7.15%

Principal & Interest

$1,223 /mo
$1,757 /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 $280,520 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $280,520!

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

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$199,480
Your Cash:$280,520
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$1,223/mo
Traditional @ 7.5%
$1,823/mo
You save $600/month ($7,201/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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