5505 Teakwood
VA Assumable
3.47% Rate
50 photos
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5505 Teakwood

Colorado Springs, CO 80918

4
Bedrooms
3
Bathrooms
2,603
Sq Ft

Payment Calculator

$3,718per 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?$31,750
$31,750$349,539
Secondary Financing8.5% Rate
$317,789
Blended rate6.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,813/mo
Assumable @ 3.47% + gap
$3,718/mo
$95less per month
$95
per month
$1,142
per year
$34,259
over 30 years

🏦 Loan Details

List Price
$634,999
Assumable Rate
3.47%
Remaining Balance
$284,832
Loan Type
VA
Est. Equity Gap
$349,539
Annual Taxes
$2,155

About This Home

Come tour this stunning, 4 Bedroom, 3 Bath Bi-Level Home in the lovely Sunset Mesa neighborhood. Many high quality, above standard, outstanding features & upgrades have been done throughout the home both inside & outside. There is a real sense of pride with this amazing home! \r Hardwood floors are featured in many of the living spaces, tile floors are in the kitchen & entry, porcelain tile in the primary bath & carpeting is in the bedrooms. Granite countertops, stainless appliances (including gas stove), raised panel oak cabinets & a roomy pantry are in the spacious kitchen. There is a formal dining room off of the kitchen & also a bright, open concept living room with a stylish gas fireplace - a wonderful space for entertaining. A 1/2 bath is also nearby on the main level for guests. The main level, primary suite is spacious & quiet with lots of closet space, a double vanity in the bath area & a roomy tub/shower combo - all recently updated. There is an amazing sun room, accessed off of the living room or the dining room, with floor to ceiling windows & French doors to let in tons of natural light. It would make a great office, reading room or just a quiet space to relax. The home also has a main level laundry room. Downstairs, there is a spacious family room with lots of built-ins ,with an additional 3 bedrooms & a 3/4 bath. Plenty of room for family or for your guests. The home is on a corner lot in a beautiful, well established neighborhood, with many custom homes in the area. This amazing home sits on a lovely landscaped lot providing you with peaceful, natural surroundings & is close to shopping, dining & entertainment with easy access to I-25, Powers Blvd & a short commute to all of the local military bases. Schedule your showing today. Welcome Home!

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
$634,999
3.47% rateVASave $2,361/mo

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