1336 Coolcrest
FHA Assumable
3.16% Rate
50 photos
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1336 Coolcrest

Colorado Springs, CO 80906

5
Bedrooms
3
Bathrooms
2,362
Sq Ft

Payment Calculator

$2,278per 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?$22,500
$22,500$151,956
Secondary Financing8.5% Rate
$129,456
Blended rate4.78% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,702/mo
Assumable @ 3.16% + gap
$2,278/mo
$424less per month
$424
per month
$5,091
per year
$152,734
over 30 years

🏦 Loan Details

List Price
$450,000
Assumable Rate
3.16%
Remaining Balance
$298,043
Loan Type
FHA
Est. Equity Gap
$151,956
Annual Taxes
$1,602

About This Home

Welcome to this home in the heart of Southwest Colorado Springs, offering a rare opportunity to own in the desirable 80906 area at an attractive price point. A brand new roof is being installed, providing added value and peace of mind for the next owner.\r Perfectly positioned with quick access to I-25, Fort Carson, and downtown Colorado Springs, this location makes daily life and commuting simple. You’re just minutes from shopping, dining, coffee shops, medical services, and the highly sought-after Broadmoor area, giving you both convenience and lifestyle. Outdoor enthusiasts will appreciate the easy access to Cheyenne Mountain State Park, hiking and biking trails, and endless opportunities to enjoy the Colorado lifestyle year-round. Inside, the home offers solid bones and a functional layout, creating a great foundation for buyers ready to make it their own. With room to update and personalize, this is an opportunity to build equity in a location that continues to hold strong value.\r No HOA and no covenants, offering flexibility and freedom rarely found at this price point. Opportunities like this in 80906 don’t come along often at this price point. Whether you are a first-time homebuyer, investor, or someone looking for a home with upside in an established neighborhood, this is a smart opportunity worth exploring.

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
$450,000
3.16% rateFHASave $1,244/mo

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