16915 Cherry Crossing
VA Assumable
4.99% Rate
5 photos
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16915 Cherry Crossing

Colorado Springs, CO 80921

6
Bedrooms
4
Bathrooms
4,185
Sq Ft

Payment Calculator

$7,085per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$59,950
$59,950$385,435
Secondary Financing8.5% Rate
$325,485
Blended rate5.96% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$7,200/mo
Assumable @ 4.99% + gap
$7,085/mo
$114less per month
$114
per month
$1,372
per year
$41,148
over 30 years

🏦 Loan Details

List Price
$1,199,000
Assumable Rate
4.99%
Remaining Balance
$854,622
Loan Type
VA
Est. Equity Gap
$385,435
Annual Taxes
$3,454
HOA/mo
$264

About This Home

FULL CUSTOM REMODEL AVAILABLE FOR LOAN ASSUMPTION! This gorgeous rancher in Cherry Creek Crossing on 2.7 acres combines modern upgrades with thoughtful design, offering a turnkey opportunity on a private lot. Nearly every detail has been enhanced. The reimagined entry sets the tone with a tiled patio, cedar shiplap, modern lighting, & custom pivot door. Inside, open floor plan w/ refinished white oak hardwoods, recessed LED lighting, vaulted ceilings, & gas fireplace w/ custom woodwork. An office, expanded pantry, and upgraded laundry with storage add convenience. New kitchen features quartz counters w/ waterfall edging, vent hood, custom lighting, solid wood cabinets w/ hardware, built in island outlet, dbl oven, gas range, & modern fridge. Large master suite w/ private walk out, newer carpet, barn door & attached renovated bath w/ quartz counters, new lighting, waterfall shower heads, soaking tub, and walk in closet. Two additional bedrooms on the main level are great for families. The spectacular lower level features a full kitchen—fridge, dishwasher, microwave, & wine fridge—along with an upgraded junior master suite, extra closet, & brand new full bath, creating a true guest or multi-generational retreat. Exterior improvements maximize curb appeal and outdoor living. New roof & gutters, fresh paint, & epoxied garage floors with added storage, & EV plug. New composite deck w/ custom railings, stairs, & lighting overlooks a leveled yard with grass, turf play areas, & privacy fencing—unique to the area. Multiple retaining walls, new concrete pads, landscaping, & hot tub hookups complete the backyard retreat, while the front pathway is plumbed for a future waterfall. Dual furnaces, dual water heaters, dual humidifiers, an upgraded electrical panel with exterior shut-off, & a hot water recirculating pump with bathroom sensors. Modernized outlets, fixtures, dusk-to-dawn exterior lights, and illuminated front house numbers.

Data Source: Pikes Peak MLS (PPMLS)

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$1,199,000
4.99% rateVASave $2,617/mo

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