600 Spruce
VA Assumable
2.84% Rate
50 photos
Click to enlarge

600 Spruce

Woodland Park, CO 80863

3
Bedrooms
2
Bathrooms
2,048
Sq Ft

Payment Calculator

$3,046per 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?$32,495
$32,495$171,864
Secondary Financing8.5% Rate
$139,369
Blended rate4.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,902/mo
Assumable @ 2.84% + gap
$3,046/mo
$856less per month
$856
per month
$10,277
per year
$308,302
over 30 years

🏦 Loan Details

List Price
$649,900
Assumable Rate
2.84%
Remaining Balance
$478,035
Loan Type
VA
Est. Equity Gap
$171,864
Annual Taxes
$2,690

About This Home

Located in the heart of Woodland Park, this beautiful raised ranch has mountain charm coupled with modern finishes and amenities. It is just a short 20-minute drive from Colorado Springs and is close to dining, shopping, and many outdoor activities. You will appreciate the extra care that has been taken with this home, from everyday maintenance to upgrades and finishes. The home features a spacious oversized garage, a shed for extra storage, and a basement with its own walkout. The main level features a beautifully finished kitchen with stainless steel appliances, granite counters, and pine cabinets. It offers open-concept living, making the space feel large and inviting, with the living room, dining area, and kitchen all open to one another—perfect for entertaining or family meals. The spacious primary bedroom is also on this floor and includes a walk-in closet. You will also find a full bathroom. On the lower level, there is a family room, two large bedrooms, a spacious bathroom, a laundry room, and a kitchenette. This level has been a very successful vacation rental with strong income potential. It features a private entrance and even a gated back drive. The lower level could be a turnkey vacation rental and awaits your entrepreneurial spirit, or it can be easily modified into extra bedrooms, a mother-in-law suite, or an apartment. Whether you are looking for a home, an investment property, or a combination of both, this home is a Woodland Park gem!

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
$649,900
2.84% rateVASave $1,714/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472