4015 Hermitage
VA Assumable
2.99% Rate
50 photos
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4015 Hermitage

Colorado Springs, CO 80906

4
Bedrooms
4
Bathrooms
4,869
Sq Ft

Payment Calculator

$7,231per 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?$64,750
$64,750$551,299
Secondary Financing8.5% Rate
$486,549
Blended rate5.03% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$7,776/mo
Assumable @ 2.99% + gap
$7,231/mo
$546less per month
$546
per month
$6,546
per year
$196,383
over 30 years

🏦 Loan Details

List Price
$1,295,000
Assumable Rate
2.99%
Remaining Balance
$828,701
Loan Type
VA
Est. Equity Gap
$551,299
Annual Taxes
$3,711
HOA/mo
$990

About This Home

ASSUMABLE LOAN!!! You will fall in love with this exquisite 4 bedroom, 4 bath detached home in the gated Pine Terrace community boasting spectacular mountain and city views. From the moment you enter through the double doors, you'll see AND feel the quality displayed on the main level & in the finished walk-out basement. You'll appreciate the design upgrades throughout. Experience the splendor of the living room w its wall of windows, soaring ceilings, skylights & gas fireplace. The living room flows into the formal dining room w a walk-out to the covered composite deck where you can enjoy relaxing or entertaining. Gourmet kitchen features stainless steel appliances, Wolf 6-burner gas range/oven, wine chiller, custom cabinets, granite countertops and large island w warming drawer. Adjoining the kitchen is a wonderful hearth/sitting room w built-in entertainment center and access to the laundry room, walk-in pantry & 2-car garage. All bedrooms are spacious w walk-in closets, 3 of the 4 bedrooms are en suites. The luxurious main level master suite will be your tranquil retreat. This oversized room features a cozy sitting area, custom drapes and shutters and access to the covered deck. The private bath features a spacious double vanity, glass-enclosed shower, jacuzzi tub and walk-in closet. An additional bedroom, currently used as an office, and powder room complete the main level. In the basement, you'll find a huge family/rec room bathed in natural light w a 2nd gas fireplace, built-ins, wet bar and access to a covered patio. There are two add'l bedrooms w walk-in closets and attached baths. You'll have room for all those extras in the spacious 18x16 storage room w 2 closets. This home offers newer: tile roof, Pella windows, A/C and 2 furnaces, plus a 50-gal water heater. The Will Rogers Shrine of the Sun is close by. Enjoy the chimes on the quarter hour and daily at 10:00 and 2:00. If you yearn for main level living at its finest, look no further. See it today!!

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
$1,295,000
2.99% rateVASave $4,284/mo

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