3203 Red Cavern
VA Assumable
4.67% Rate
50 photos
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3203 Red Cavern

Colorado Springs, CO 80908

5
Bedrooms
4
Bathrooms
3,193
Sq Ft

Payment Calculator

$3,722per 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?$36,000
$36,000$110,002
Secondary Financing8.5% Rate
$74,002
Blended rate5.08% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,323/mo
Assumable @ 4.67% + gap
$3,722/mo
$602less per month
$602
per month
$7,220
per year
$216,594
over 30 years

🏦 Loan Details

List Price
$720,000
Assumable Rate
4.67%
Remaining Balance
$609,997
Loan Type
VA
Est. Equity Gap
$110,002
Annual Taxes
$2,463
HOA/mo
$62

About This Home

Perched in the sought-after North Fork at Briargate community, this thoughtfully upgraded 5-bedroom, 4-bathroom home offers nearly 3,300 square feet of refined living with views of Pikes Peak and the iconic USAFA Chapel. Built in 2020 and enhanced with over $50K in improvements, this home delivers the feel of new construction without the wait. Designed to capture Colorado’s natural beauty, windows frame mountain views, vibrant sunsets, and even Thunderbirds soaring overhead on graduation day. The open-concept main level features newly finished hardwood floors and a remodeled kitchen with quartz countertops, an oversized island, extended cabinetry, 5-burner gas range, under-cabinet lighting, and thoughtful details like a hot water spigot, ideal for everyday living and effortless entertaining. The main-level primary suite is complete with a 5-piece bath, garden-view soaking tub, and large walk-in closet. The home offers flexible living spaces for guests, work, or play, with a basement already plumbed for a future wet bar. Everyday living is made easier with new custom mudroom drop zone complete with cubbies, hooks, and bench seating, offering a stylish and functional space to keep life organized. Step outside to a fully fenced backyard with added privacy from mature spruce trees, where open space invites peaceful views of grazing wildlife. The covered patio with custom shades creates a comfortable extension of indoor living year-round. Additional highlights include an oversized 3-car garage with built-in storage solutions, designer lighting, smart home features, radon mitigation system, gas fireplace in the basement and whole-house security. Located within highly regarded District 20 schools and just steps from neighborhood trails, parks, and community events, North Fork at Briargate offers a vibrant, connected lifestyle with the convenience of nearby amenities. This is Colorado living at its finest, views, space, upgrades, and community, all in one exceptional home.

Data Source: REcolorado MLS

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
$720,000
4.67% rateVASave $954/mo

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