3415 Michigan
VA Assumable
3.77% Rate
50 photos
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3415 Michigan

Colorado Springs, CO 80910

4
Bedrooms
2
Bathrooms
1,586
Sq Ft

Payment Calculator

$2,246per 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?$18,000
$18,000$234,080
Secondary Financing8.5% Rate
$216,080
Blended rate6.76% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,162/mo
Assumable @ 3.77% + gap
$2,246/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$360,000
Assumable Rate
3.77%
Remaining Balance
$125,920
Loan Type
VA
Est. Equity Gap
$234,080
Annual Taxes
$1,122

About This Home

Spacious tri-level home offering 4 bedrooms, 2 baths, and 1,587 sq ft of comfortable living space. Enter into a bright living room with a large front window and open floor plan. The kitchen features wood cabinetry, granite countertops, stainless steel appliances, tile flooring, and a dining area with walk out to the spacious back yard. Upstairs you’ll find three bedrooms, including the primary with Jack-and-Jill access to a full bath with tile flooring and tub/shower combo. The lower level features a generous family room with a striking stone, wood-burning fireplace, plus a garden-level 4th bedroom, laundry room, and 3/4 bath with tiled walk-in shower. Enjoy outdoor living with a large, fully fenced backyard, concrete patio, and a newer 16 ft shed with loft and windows. Double gate access allows for additional parking or RV storage. The home offers a 1-car garage with built-in storage and a wood-burning stove. Major updates include roof (2018), water heater (2014), furnace (2012), and updated electrical. Exterior paint and trim are in great condition. A fantastic opportunity with space, updates, and value! Centrally located with schools, dining, and shopping nearby. Easy commute to Colorado Springs airport and all military installations.

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
$360,000
3.77% rateVASave $1,490/mo

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