427 Millstream
VA Assumable
2.96% Rate
50 photos
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427 Millstream

Colorado Springs, CO 80905

4
Bedrooms
3
Bathrooms
2,625
Sq Ft

Payment Calculator

$4,177per 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?$30,000
$30,000$299,459
Secondary Financing8.5% Rate
$269,459
Blended rate4.90% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,603/mo
Assumable @ 2.96% + gap
$4,177/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$600,000
Assumable Rate
2.96%
Remaining Balance
$501,866
Loan Type
VA
Est. Equity Gap
$299,459
Annual Taxes
$1,890

About This Home

Beautifully updated ranch style home with a walk out basement that is truly move in ready. Perfectly positioned in a highly desirable west side location, this home offers spectacular mountain views, thoughtful upgrades, and exceptional access to parks, trails, dining, and outdoor recreation.\r Step inside to discover stunning hardwood floors throughout the main level, and a bright, inviting layout designed for both comfort and functionality. The eat in kitchen features elegant quartz countertops, tile backsplash, a built in pantry, and convenient walk out access through French doors to a charming back deck, creating the perfect space for everyday living or entertaining. The spacious main level primary suite offers vaulted ceilings and a luxurious five piece bath, providing a private retreat. A secondary bedroom on the main level offers a flexible space for sleeping, or can serve as a home office. New Class 4 Impact resistant roof in 2025. New exterior paint in 2025. Water Heater replaced in 2024. Central Air replaced in 2021. \r \r Downstairs, the expansive walk out basement delivers incredible versatility with a large family room ideal for recreation, fitness, work, or movie nights. Two additional generously sized bedrooms, a full bath, and direct patio access create the perfect setup for guests or growing households. \r Additional highlights include xeriscaped front yard, synthetic turf back yard, with a two tiered composite deck setup for entertaining. Completing the backyard is a beautiful professionally designed chicken coop ready for its next guests. \r \r Located near Bear Creek Park, Penrose Equestrian Center, downtown Colorado Springs, trails, playgrounds, and endless mountain adventures, this home offers the ideal blend of lifestyle, location, and move in ready convenience. This is Colorado living at its finest.

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
$600,000
2.96% rateVASave $2,197/mo

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