5540 Parapet
VA Assumable
2.94% Rate
50 photos
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5540 Parapet

Colorado Springs, CO 80918

6
Bedrooms
6
Bathrooms
7,068
Sq Ft

Payment Calculator

$10,179per 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?$89,500
$89,500$963,790
Secondary Financing8.5% Rate
$874,290
Blended rate5.80% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$10,748/mo
Assumable @ 2.94% + gap
$10,179/mo
$569less per month
$569
per month
$6,830
per year
$204,887
over 30 years

🏦 Loan Details

List Price
$1,790,000
Assumable Rate
2.94%
Remaining Balance
$826,209
Loan Type
VA
Est. Equity Gap
$963,790
Annual Taxes
$3,453
HOA/mo
$40

About This Home

Multigenerational - Remodeled Custom Home on a Large Private Lot seated in a cul-de-sac. A short hike on your own property, you can enjoy the lovely breathtaking view. Oversized attached three car garage. Customized Professional landscaping with new front yard, back and side yards. There is an area that is fenced. New front Decking. Grand Foyer, Spacious home office suitable for two. Gourmet kitchen with custom cabinets and stone counters. Built-in double refrigerator, eight burner gas stove, spacious island and wine refrigerator. Adjacent dining area features a bay window highlighting the backyard space. Take the dinner party outside with two walkouts: one leading into a covered seating area. The other to garage entry. Main level mud room includes one of two laundry rooms, a half bath, and custom tile flooring. Formal living room with gas fireplace for gathering and good conversations or join the party outside with two additional walkouts. Enjoy a good book in your primary suite sitting area with one of many cozy fireplaces, large walk-in closet, spa inspired shower and walk out. Two additional bedrooms and a full bath complete the main level. Upper-level flex room with lots of natural light, plenty of storage, and a gas fireplace. A private bedroom and a adjoinging 3/4 bath enhance the upper level. Basement - multigenerational space offers its own private entry, laundry room, kitchen, seating area, and tranquil five-piece bath. Living area has an inviting fireplace. The basement also provides another seating area and full bath. Enter through a concealed-door bookcase to a comfortable theater space or enhance wellness and rejuvenation in your infrared sauna. An additional bedroom and full bath complete the basement. \r Two kitchens, two laundray areas, six fireplaces, three gas and three are electric. Abundant space and so much privacy. Second patio 20'X12'\r Close to Norwood Recreation Center. This house offers quality construction and so many tasteful upgrades.

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
$1,790,000
2.94% rateVASave $6,899/mo

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