4045 Cherry Plum
FHA Assumable
4.98% Rate
50 photos
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4045 Cherry Plum

Colorado Springs, CO 80920

4
Bedrooms
4
Bathrooms
2,918
Sq Ft

Payment Calculator

$4,065per 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?$34,500
$34,500$249,814
Secondary Financing8.5% Rate
$215,314
Blended rate6.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,143/mo
Assumable @ 4.98% + gap
$4,065/mo
$78less per month
$78
per month
$933
per year
$27,988
over 30 years

🏦 Loan Details

List Price
$690,000
Assumable Rate
4.98%
Remaining Balance
$449,941
Loan Type
FHA
Est. Equity Gap
$249,814
Annual Taxes
$2,174
HOA/mo
$110

About This Home

Breathtaking views of Pikes Peak and the Front Range in Pine Creek! This inviting home blends everyday comfort with thoughtful design. From the moment you step inside, you’re welcomed by a calm, cohesive style that sets a serene tone throughout. Tucked away on a quiet cul-de-sac in the highly desirable Pine Creek neighborhood, the home offers an exceptional location within award-winning School District 20. The main level impresses with a striking entry and soaring vaulted ceilings that open into a well-designed floor plan. Timeless hardwood flooring flows seamlessly through the space, connecting the kitchen and living room with gas fireplace, while a convenient laundry area and stylish half bath add everyday functionality. Plantation shutters enhance every window, adding both charm and privacy. Upstairs will welcome you with 3 bedrooms, 2 fully remodeled bathrooms, and a loft space with additional breathtaking views; perfect for an office, play area, or could easily be transitioned into an additional bedroom. The spacious primary suite offers a serene retreat with picture-perfect views of the mountain range. The remodeled ensuite features modern finishes, a soaking tub with carrara marble tile, and a stylish vanity. Two generously sized closets complete the space. The finished basement offers additional space with a chic kitchenette, creating a versatile layout. Use it as a bedroom, multigenerational living, or make minimal adjustments to fit your own specific needs. The backyard is fully landscaped with the details you would expect. Trees have been established and are maturing to provide additional privacy. The playhouse can also be a lovely deck to fully enjoy the outdoors. Additional benefits of this home include: additional storage which is thoughtfully placed throughout the home, all bathrooms have been remodeled with high-end finishes, new appliances, interior and exterior of home has been completely repainted, main doors have been updated with stylish replacement, 3-car garage, minutes away from John Venezia Park, Shops, Restaurants, Medical Facilities and close proximity to I-25 & Powers.

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
$690,000
4.98% rateFHASave $1,636/mo

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