10978 Zealand
VA Assumable
5.22% Rate
50 photos
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10978 Zealand

Colorado Springs, CO 80925

3
Bedrooms
3
Bathrooms
1,652
Sq Ft

Payment Calculator

$2,208per 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?$21,000
$21,000$26,516
Secondary Financing8.5% Rate
$5,516
Blended rate5.27% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,522/mo
Assumable @ 5.22% + gap
$2,208/mo
$314less per month
$314
per month
$3,768
per year
$113,044
over 30 years

🏦 Loan Details

List Price
$420,000
Assumable Rate
5.22%
Remaining Balance
$393,484
Loan Type
VA
Est. Equity Gap
$26,516
Annual Taxes
$4,672

About This Home

New Year, New Home, and NEW to the Market! Welcome to Lorson Ranch East where location, comfort, and style come together! Step inside from the covered entry to this thoughtfully designed, functional 2 story home. You and your guests will appreciate the half bath conveniently located off the entry and separated from the main living area. The kitchen flows seamlessly into the great room and showcases a center granite island with smart storage and power, stainless steel appliances, a lighted pantry, plenty of cabinet space and luxury vinyl plank flooring. Connecting the kitchen and great room, the dining area offers walk-out access to the back yard patio, blending indoor and outdoor life! As you meander upstairs, take note of the spacious landing that offers flex space! An upper level linen closet and dedicated laundry space (washer and dryer stay!) provide practical touches, while two generously sized secondary bedrooms each offer their own walk-in closet. The spacious primary suite is a true retreat, featuring an ensuite with dual sinks, a spacious walk-in shower, and an oversized walk-in closet. Downstairs, the unfinished basement offers a blank slate with a lot of potential. Whether you use it for storage, or decide to add value by finishing it and adding an additional bedroom and bathroom (plumbed), having options is always a good thing! The privacy fenced backyard invites outdoor living with a large yard to enjoy your favorite outdoor games. Warning: your neighbors, friends, and family may want to hang out in your yard! Complete with central air conditioning, whole-house ventilation, an automatic sprinkler system, 2 car attached garage, and a NEWER Class 4 Roof/Gutters (2024) this well maintained and move-in ready home balances everyday function with comfortable style. This excellent location is close to parks, and Grand Mountain K-8 School and playground, and provides easy access to all Military Bases. All this home needs is a NEW owner, and that should be YOU!

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
$420,000
5.22% rateVASave $242/mo

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