2584 Reed Grass
VA Assumable
2.89% Rate
50 photos
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2584 Reed Grass

Colorado Springs, CO 80915

4
Bedrooms
4
Bathrooms
2,890
Sq Ft

Payment Calculator

$2,438per 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?$24,995
$24,995$157,344
Secondary Financing8.5% Rate
$132,349
Blended rate4.46% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,002/mo
Assumable @ 2.89% + gap
$2,438/mo
$563less per month
$563
per month
$6,760
per year
$202,815
over 30 years

🏦 Loan Details

List Price
$499,900
Assumable Rate
2.89%
Remaining Balance
$341,765
Loan Type
VA
Est. Equity Gap
$157,344
Annual Taxes
$2,855
HOA/mo
$475

About This Home

Spacious and thoughtfully designed 4-bedroom, 4-bathroom home offering approximately 3,000 square feet of comfortable living space. Upon entry, you’re welcomed by an oversized living room with soaring vaulted ceilings, creating a bright and open atmosphere. The upper-level loft overlooks the main living area, adding to the home’s airy feel and functional layout. The separate dining area features beautiful hardwood flooring and provides direct access to the backyard—ideal for indoor-outdoor living and entertaining. The adjacent kitchen is HUGE with a U-shaped layout, offering abundant 42” cabinetry, a large corner pantry, and a center island with bar seating. Upstairs, you’ll find three bedrooms including a spacious primary suite complete with a large walk-in closet and a 5-piece en-suite bathroom. An additional full bathroom and an expansive loft space provide flexibility for a home office, playroom, or secondary living area. The finished basement adds even more living space with a large family room, an additional bedroom and bathroom, plus a dedicated storage area. The roof is BRAND NEW, furnace new in 2023. This home also features a smart home security system with fire and flood monitoring, seamlessly connected to a smart thermostat for added convenience and peace of mind. Conveniently located near shopping, schools, and military installations, this home combines space, functionality, and location

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
$499,900
2.89% rateVASave $1,386/mo

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