4394 Hanging Lake
VA Assumable
3.02% Rate
50 photos
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4394 Hanging Lake

Colorado Springs, CO 80924

4
Bedrooms
3
Bathrooms
3,583
Sq Ft

Payment Calculator

$4,658per 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?$41,250
$41,250$428,565
Secondary Financing8.5% Rate
$387,315
Blended rate5.72% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,954/mo
Assumable @ 3.02% + gap
$4,658/mo
$296less per month
$296
per month
$3,555
per year
$106,641
over 30 years

🏦 Loan Details

List Price
$825,000
Assumable Rate
3.02%
Remaining Balance
$397,340
Loan Type
VA
Est. Equity Gap
$428,565
Annual Taxes
$2,812
HOA/mo
$133

About This Home

Highly sought after Cordera community in award-winning D20 schools. This stunning 2020 Campbell Homes build offers expansive open spaces and high-end upgrades throughout, including true hardwood floors. The heart of the home is the impressive kitchen, seamlessly connecting the walk-out dining nook, formal dining room, and great room, perfect for everyday living and entertaining. Featuring a large island, abundant cabinetry, a butler’s pantry/coffee station, and built-in dining buffet. The gourmet kitchen is equipped with stainless steel appliances, and granite countertops. Enjoy soaring ceilings, abundant natural light, and a cozy gas fireplace anchoring the great room. The spacious primary suite boasts a luxurious ensuite bath with dual vanities, walk-in shower, soaking tub, and two walk-in closets. The main level is completed by an additional bedroom, full bath, and a generously sized laundry/mudroom. The finished lower level is designed for entertaining with a large family room, large wet bar, flex space/office, two additional bedrooms, full bath, and ample storage. The property offers a three-car parking setup, featuring a fully finished double garage with three built-in EV chargers for your electric vehicles, along with a separate single-car garage. The entire house is equipped for direct wired internet access with a home network throughout. The rec room is set up for a theater system, with wiring already installed. Step outside to a covered patio overlooking a beautifully landscaped, fenced yard—ideal for relaxing or hosting. Prime location featuring an exceptional community center, scenic neighborhood trails, and a variety of amenities, with convenient access to Powers Blvd, dining, shopping, parks, and more.

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
$825,000
3.02% rateVASave $3,049/mo

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