5353 Palomino Ranch
VA Assumable
2.81% Rate
50 photos
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5353 Palomino Ranch

Colorado Springs, CO 80922

2
Bedrooms
2
Bathrooms
1,063
Sq Ft

Payment Calculator

$1,183per 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?$14,000
$14,000$38,719
Secondary Financing8.5% Rate
$24,719
Blended rate3.34% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,681/mo
Assumable @ 2.81% + gap
$1,183/mo
$499less per month
$499
per month
$5,983
per year
$179,475
over 30 years

🏦 Loan Details

List Price
$279,999
Assumable Rate
2.81%
Remaining Balance
$241,279
Loan Type
VA
Est. Equity Gap
$38,719
Annual Taxes
$694
HOA/mo
$341

About This Home

Welcome to Unit 206 — a beautifully maintained 2-bedroom, 2-bath condo offering comfort, convenience, and low-maintenance living. This inviting home features an open-concept layout with a spacious living area that flows seamlessly into the kitchen and dining space, perfect for both everyday living and entertaining.\r The kitchen offers ample cabinet storage and workspace, making meal prep easy and efficient. The primary suite includes a private en-suite bathroom and generous closet space, while the second bedroom and full bath provide flexibility for guests, a home office, or additional living needs.\r Step outside to your private back balcony — the perfect spot to enjoy your morning coffee, unwind in the evening, or take in some fresh Colorado air.\r A rare and valuable bonus, this unit includes a detached 1-car garage, providing added storage, protection from the elements, and everyday convenience.\r Enjoy the ease of condo living with minimal upkeep, and take advantage of an unbeatable location — just a short walk to local favorites like Pho-nomenal, Louie’s Pizza, and Golden Flame Wings. Whether you're grabbing a quick bite or meeting friends, everything you love is right outside your door. Conveniently located near parks, shopping, and major commuter routes, this home offers both accessibility and a vibrant lifestyle.\r Whether you’re a first-time buyer, downsizing, or looking for a great investment opportunity, Unit 206 checks all the boxes.

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
$279,999
2.81% rateVASave $566/mo

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