4730 Sand Mountain
FHA Assumable
2.98% Rate
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4730 Sand Mountain

Colorado Springs, CO 80923

3
Bedrooms
3
Bathrooms
1,480
Sq Ft

Payment Calculator

$1,384per 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?$16,700
$16,700$32,679
Secondary Financing8.5% Rate
$15,979
Blended rate3.26% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,006/mo
Assumable @ 2.98% + gap
$1,384/mo
$621less per month
$621
per month
$7,453
per year
$223,587
over 30 years

🏦 Loan Details

List Price
$334,000
Assumable Rate
2.98%
Remaining Balance
$300,008
Loan Type
FHA
Est. Equity Gap
$32,679
Annual Taxes
$1,182
HOA/mo
$385

About This Home

This beautifully updated townhome in a gated northeast Colorado Springs community delivers exceptional value, flexibility, and peace of mind—and is now offered at an improved price of $334,000 after a $10,000 price reduction. Seller-sponsored incentives are available, including a 4.5% VA/FHA first-year starter rate for qualified buyers through Oxford Mortgage, plus $4,600 in Seller concessions that may be used toward closing costs or an additional rate buy-down to an estimated 3.5% first-year rate.\r \r This Certified Pre-Owned Home has been pre-inspected and includes a 1-year American Home Shield SHIELDPLUS Buyer Protection plan for added confidence and convenience. Inside, you’ll find new luxury vinyl flooring throughout the living, dining, and entry areas, along with an updated kitchen featuring quartz countertops, recessed lighting, a new sink, and stylish two-tone cabinetry. The inviting living room offers a cozy gas fireplace, while smart home features like the EcoBee thermostat and door camera add modern comfort.\r \r Major system updates include a newer furnace, A/C, and recently replaced water heater. Washer, dryer, and refrigerator are all included, making this home truly move-in ready. Additional highlights include a 2-car attached garage, moderate HOA dues, and a highly desirable location close to shopping, dining, parks, and military bases. Opportunities combining updated condition, payment flexibility, and Buyer protection at this price point are hard to find—schedule your private showing today and contact the Listing Agent for full incentive details.

Data Source: REcolorado MLS

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
$334,000
2.98% rateFHASave $602/mo

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