Laura Jewett

Laura Jewett

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Closed

$424,500

($0 down)*
VA

Potential short sale please verify with your agent.

LOT 2 Forest Heights Circle, Colorado Springs, CO 80908

N/A
N/A
sqft
PITI Monthly
$2,311.35 /mo

Listing courtesy of: Michael Turner, LIV Sotheby's International Realty

Assumed Rate

2.87%
7.15%

Principal & Interest

$2,036 /mo
$3,316 /mo

What's Special

LOCATION
AWARD WINNING
MOUNTAIN VIEWS

Sought after close-in location in south Black Forest with over 5 acres and jaw dropping, phenomenal Pikes Peak and mountain views. Close proximity to Award winning School District 20. No covenants or HOA. Horses, outbuildings, chickens and other animals are allowed. Walking distance to Section 16 and Pineries Open Space. Section 16 is 640 acres of State of Colorado owned treed open space w/ walking, biking and equine trails. Pineries Open Space features equestrian friendly trails with 1,100 acres of open space and parks. Multiple build sites with walk-out basement potential. Two adjacent parcels are also available for a total acreage of 25 acres - perfect for additional land or building multiple homes. Great access to the amenities of Powers, Woodmen and Northgate.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,311.35/mo
Estimated Loan Balance
$459,542
Cash to close
$0
Interest Paid
$48,567

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Unimproved Land
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built:
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $424,500
  • Tax Annual Amount: $1509
  • On Market Date: 2024-04-11T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$424,500
Your Cash$0
Total Purchase Price:$424,500

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$2,036/mo
Traditional @ 7.5%
$3,440/mo
You save $1,404/month ($16,847/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9957587

Listing From: recolorado

Last updated: 2025-03-31T15:18:21.000Z

© , 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

2.87%
7.15%

Principal & Interest

$2,036 /mo
$3,316 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$424,500
Your Cash$0
Total Purchase Price:$424,500

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$2,036/mo
Traditional @ 7.5%
$3,440/mo
You save $1,404/month ($16,847/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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