538 Bickley
FHA Assumable
3.18% Rate
50 photos
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538 Bickley

Colorado Springs, CO 80911

4
Bedrooms
2
Bathrooms
1,664
Sq Ft

Payment Calculator

$2,052per 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?$20,000
$20,000$142,189
Secondary Financing8.5% Rate
$122,189
Blended rate4.89% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 3.18% + gap
$2,052/mo
$350less per month
$350
per month
$4,202
per year
$126,074
over 30 years

🏦 Loan Details

List Price
$400,000
Assumable Rate
3.18%
Remaining Balance
$257,810
Loan Type
FHA
Est. Equity Gap
$142,189
Annual Taxes
$1,469

About This Home

This charming 4-bedroom, 2-bath bi-level home sits on a spacious lot in a peaceful, family-friendly neighborhood. You'll love the convenience of being just minutes from Fort Carson, Peterson AFB, Amazon Distribution Centers, and a growing variety of new restaurants and shopping options.\r Located within walking distance to a newly renovated elementary school, a middle school, and Mesa Ridge High School, this home is perfect for families.\r \r Fully remodeled in 2019 and thoughtfully updated since, the home features a stunning custom-built 14x14 entryway/mudroom that adds both space and function. Upstairs, enjoy beautiful hardwood floors, a bright living room, and a modern kitchen with white cabinets and updated appliances. The dining area opens onto a spacious deck with mountain views, ideal for morning coffee or evening gatherings and overlooks a huge backyard with plenty of room to play or relax.\r \r The upper level also includes the primary bedroom, an additional bedroom, and a full bathroom. Downstairs, you’ll find three more bedrooms with great natural light, a second full bathroom, and a large laundry area.\r \r One of the home's standout features is the converted garage space. Originally designed as a theater room, it was later transformed into a classroom during the pandemic, offering flexible space for a home office, gym, playroom, or the option to convert it back into a single-car garage.

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
$400,000
3.18% rateFHASave $1,367/mo

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