16242 Timber Meadow
VA Assumable
4.32% Rate
50 photos
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16242 Timber Meadow

Colorado Springs, CO 80908

5
Bedrooms
5
Bathrooms
5,162
Sq Ft

Payment Calculator

$12,359per 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?$95,000
$95,000$1,340,123
Secondary Financing8.5% Rate
$1,245,123
Blended rate7.20% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$11,409/mo
Assumable @ 4.32% + gap
$12,359/mo
$0
per month
$0
per year
$0
over 30 years

๐Ÿฆ Loan Details

List Price
$1,900,000
Assumable Rate
4.32%
Remaining Balance
$561,372
Loan Type
VA
Est. Equity Gap
$1,340,123
Annual Taxes
$6,391
HOA/mo
$900

About This Home

Nestled in sought-after High Forest Ranch, this luxurious ranch-style home offers breathtaking mountain views from every level, gorgeous upgrades, and wonderful amenities. Step inside and beautiful hardwood floors beckon you into the great room, featuring a vaulted, beamed ceiling, and stone indoor/outdoor fireplace. The great room seamlessly connects to the gourmet kitchen, dining area, and a walk-out to the deck- perfect for dining al fresco. Channel your inner chef with an oversized island, granite countertops, walk-in pantry, and stainless-steel appliances including a double oven and gas range with beautiful range hood. Retreat to the spacious primary suite featuring gorgeous mountain views, walk-out to the deck, and ensuite 5-piece bath with walk-in closet. The convenient laundry room and mudroom is off of the attached 3-car garage, which offers ample storage and convenience. Pass through the laundry room to access the casita, featuring a private entrance, bedroom, bathroom, well-appointed kitchen, dining area, living room, enclosed deck, and attached 2-car garage. Back in the main house, another bedroom with ensuite bath, office, and powder room round out the main level. Downstairs features an expansive family room with wet bar, cozy fireplace, and walk-out to the covered patio with hot tub, perfect for relaxing at the end of the day. Two additional bedrooms with walk-in closets, full bathroom, and a large storage space provide endless opportunities for guests, home gym, work space, craft space, and more. This impeccably cared-for home boasts central vacuum and smart home thermostat. With acreage for gardening, lawn games, and more, this backyard is a hostโ€™s dream. This picturesque, gated neighborhood offers countless amenities including parks, trails, tennis courts, and a club house with community gatherings, designed to foster lasting friendships. Enjoy luxury Colorado living at its finest- Schedule a showing to see this magnificently upgraded home today!

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
$1,900,000
4.32% rateVASave $7,893/mo

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