2631 San Marcos
FHA Assumable
4.83% Rate
50 photos
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2631 San Marcos

Colorado Springs, CO 80910

4
Bedrooms
2
Bathrooms
1,690
Sq Ft

Payment Calculator

$1,680per 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?$14,750
$14,750$98,265
Secondary Financing8.5% Rate
$83,515
Blended rate5.92% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,771/mo
Assumable @ 4.83% + gap
$1,680/mo
$91less per month
$91
per month
$1,096
per year
$32,890
over 30 years

🏦 Loan Details

List Price
$295,000
Assumable Rate
4.83%
Remaining Balance
$197,130
Loan Type
FHA
Est. Equity Gap
$98,265
Annual Taxes
$1,280

About This Home

Welcome to an ideal opportunity! This well-maintained 4-bedroom, 2-bath bi-level home offers the perfect blend of space, value, and convenience in an established neighborhood. Step inside to a split foyer design that leads to a bright and inviting main level featuring an eat-in kitchen that flows seamlessly into the living area—perfect for everyday living and entertaining. From here, enjoy easy access to the walk-out deck overlooking a large, fully fenced backyard, ideal for kids, pets, gatherings, or simply relaxing outdoors.\r The lower level expands your living space with a cozy wood-burning fireplace, a dedicated laundry area, and an additional walk-out to the backyard, offering flexibility for a family room, home office, or guest space. Freshly cleaned carpeting throughout gives the home a move-in ready feel so you can settle in with confidence. And for those warmer days, don't worry, the central A/C will keep you cool and comfortable. \r Additional highlights include a 1-car attached garage with a convenient rear door to the backyard, adding both function and accessibility.\r Located just minutes from shopping, restaurants, public transportation, and everyday amenities, and situated in Colorado Springs School District 2, this home delivers on location as much as it does on value. Don’t miss this opportunity to own a spacious, functional home in Colorado Springs—where value, lifestyle, and location come together.

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
$295,000
4.83% rateFHASave $582/mo

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