10511 Summer Ridge
VA Assumable
3.76% Rate
50 photos
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10511 Summer Ridge

Peyton, CO 80831

4
Bedrooms
3
Bathrooms
1,920
Sq Ft

Payment Calculator

$2,272per 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?$24,750
$24,750$54,601
Secondary Financing8.5% Rate
$29,851
Blended rate4.06% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,972/mo
Assumable @ 3.76% + gap
$2,272/mo
$701less per month
$701
per month
$8,409
per year
$252,258
over 30 years

🏦 Loan Details

List Price
$495,000
Assumable Rate
3.76%
Remaining Balance
$440,399
Loan Type
VA
Est. Equity Gap
$54,601
Annual Taxes
$2,916
HOA/mo
$115

About This Home

This spacious two-story home offers a thoughtful layout with four bedrooms all on the upper level, an unfinished basement ready for future expansion, and a large fully landscaped backyard perfect for outdoor activities. The home also features central A/C, granite kitchen countertops, quartz bathroom counters, all kitchen appliances included, and access to a community filled with amenities including a clubhouse, fitness center, pool, golf course, parks, and scenic trails—creating a great blend of comfort, style, and lifestyle.\r \r The main level is designed for everyday living and entertaining, featuring a large living room with plenty of space to gather and a separate dining room that’s perfect for hosting dinners or holidays. The kitchen includes granite countertops and an island with bar-top seating, making it a natural place for friends and family to sit, visit, and enjoy meals together.\r \r Upstairs you’ll find all four bedrooms conveniently located on one level, along with the laundry room. The master bedroom includes an adjoining five-piece bathroom with quartz countertops and a walk-in closet, while the three additional bedrooms share a spacious guest bathroom, also featuring quartz counters and room for double sinks.\r \r The unfinished basement provides a blank canvas for future expansion, with the potential to add two additional bedrooms, a large family room, a bathroom, and extra storage.\r \r Outside, the backyard is fully landscaped with grass and decorative rock and is enclosed by a 6-foot wooden privacy fence, providing plenty of space for recreation, play, or relaxing evenings outdoors.

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
$495,000
3.76% rateVASave $766/mo

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