529 Bear Paw
VA Assumable
2.69% Rate
50 photos
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529 Bear Paw

Colorado Springs, CO 80906

4
Bedrooms
4
Bathrooms
4,337
Sq Ft

Payment Calculator

$7,194per 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?$62,500
$62,500$716,150
Secondary Financing8.5% Rate
$653,650
Blended rate5.88% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$7,506/mo
Assumable @ 2.69% + gap
$7,194/mo
$312less per month
$312
per month
$3,746
per year
$112,381
over 30 years

🏦 Loan Details

List Price
$1,250,000
Assumable Rate
2.69%
Remaining Balance
$535,126
Loan Type
VA
Est. Equity Gap
$716,150
Annual Taxes
$5,579
HOA/mo
$308

About This Home

Welcome home to this coveted gem of a neighborhood (High Valley Park) so close to Old Broadmoor. This charming home has been lovingly maintained and comes with 4 bedrooms, 4 bathrooms, 2 main level gas fireplaces, main level living, a 2 car garage, and additional guest parking. Including the unfinished basement, the total square footage is 5681. The star of this home is its vaulted ceiling with beams family room with built-ins and its own fireplace with a walk out to a new composite deck with gorgeous mountain views. There are three bedrooms upstairs with 2 full baths (one can function as a 2nd primary). The cozy chef's kitchen features brick, soapstone counters, and a 2 way fireplace to the 2nd family room, a pantry and warming drawer. It has space to eat in as well as opening out to an upgraded private patio/backyard (with gas hook up) adjoined by a terraced garden area. It also comes with its own hot tub and storage shed. The main level has hardwood floors that are newly refinished, new paint in the formal dining room and family room. The attached 2-car garage is heated. There are 2 high capacity hot water heaters, forced hot water heat has 6 zones and the home has an upgraded 50 year hail resistant fiberglass slate roof and an automatic sprinkler system. The current sellers had the lot professionally landscaped. This prime location is 5 minutes to I 25, 5 minutes to The Broadmoor and 10 minutes to downtown. It is ideally located in the highly rated Cheyenne Mountain District 12 school district on a quiet street. All information contained herein is deemed reliable. Measurements from Assessor's office. Buyer to confirm all.

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
$1,250,000
2.69% rateVASave $5,031/mo

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