8340 James Creek
VA Assumable
3.02% Rate
50 photos
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8340 James Creek

Colorado Springs, CO 80924

5
Bedrooms
4
Bathrooms
3,488
Sq Ft

Payment Calculator

$2,999per 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?$29,450
$29,450$213,507
Secondary Financing8.5% Rate
$184,057
Blended rate4.83% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,537/mo
Assumable @ 3.02% + gap
$2,999/mo
$538less per month
$538
per month
$6,456
per year
$193,676
over 30 years

🏦 Loan Details

List Price
$589,000
Assumable Rate
3.02%
Remaining Balance
$374,632
Loan Type
VA
Est. Equity Gap
$213,507
Annual Taxes
$3,563
HOA/mo
$32

About This Home

Colorado living with breathtaking Pikes Peak views in the highly sought-after Wolf Ranch community and award-winning Academy School District 20. This beautifully maintained 2-story home offers the perfect combination of space, comfort, and lifestyle with 5 bedrooms, 4 bathrooms, a finished basement, and a 3-car garage. Step inside to an open and inviting floor plan filled with natural light, warm wood flooring, and spacious gathering areas designed for both everyday living and entertaining. The kitchen features a large center island, stainless steel appliances, gas range, 42-inch maple cabinets, pantry storage, and an eat-in dining space with walkout access to the back deck—perfect for enjoying Colorado sunsets and stunning mountain views. Upstairs, the spacious primary suite serves as a peaceful retreat with a luxurious 5-piece bathroom, soaking tub, dual vanities, tile finishes, and a large walk-in closet. Three additional upper-level bedrooms provide flexible space for family, guests, home offices, or hobbies. Enjoy the convenience of an upstairs laundry room! The finished basement expands the living space even further with a private 5th bedroom and attached full bathroom, ideal for multigenerational living, guests, or a secondary suite setup. Outside, enjoy a fenced backyard complete with a patio, fire pit, and panoramic mountain views—an ideal setting for entertaining, relaxing evenings, or enjoying the Colorado lifestyle year-round. Major updates include a brand-new furnace and central A/C installed in 2025 for added peace of mind. Conveniently located near Wolf Ranch parks, walking trails, top-rated D20 schools, shopping, dining, and recreation with easy access to everything Colorado Springs has to offer. If you’ve been searching for a spacious Colorado Springs home with Pikes Peak views, a finished basement, D20 schools, and an exceptional Wolf Ranch location, this home is a must-see.

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
$589,000
3.02% rateVASave $1,732/mo

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