1717 Franklin
VA Assumable
3.31% Rate
50 photos
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1717 Franklin

Colorado Springs, CO 80907

3
Bedrooms
2
Bathrooms
2,236
Sq Ft

Payment Calculator

$4,351per 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?$29,950
$29,950$323,900
Secondary Financing8.5% Rate
$293,950
Blended rate5.29% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,597/mo
Assumable @ 3.31% + gap
$4,351/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$599,000
Assumable Rate
3.31%
Remaining Balance
$476,811
Loan Type
VA
Est. Equity Gap
$323,900
Annual Taxes
$1,972

About This Home

Charming and beautifully renovated 1940s rancher in the heart of central Colorado Springs! This inviting 3-bedroom, 2-bath home blends classic character with modern upgrades in the highly desirable Patty Jewett area. The main level features a bright and welcoming living and dining area, the kitchen with counter bar seating and stainless steel appliances, and a spacious walk-out family room with vaulted ceilings and a cozy fireplace—perfect for relaxing or entertaining. Down the hall, you’ll find the primary bedroom, a secondary bedroom, and a full bath. The finished basement offers a versatile great room/flex space, a third bedroom, a ¾ bath, laundry area, and additional storage. Step outside to your private backyard retreat featuring a flagstone patio, sauna, and fire pit—ideal for year-round enjoyment. Additional highlights include a detached 2-car garage, mature landscaping, EV charger, paid-off solar panels, high-efficiency furnace (2022), central A/C (2022), and a sewer line replacement completed in 2022. Located in an established neighborhood known for its charm, character, and tree-lined streets, this home is just minutes from downtown Colorado Springs, parks, trails, golf, coffee shops, restaurants, shopping, and convenient I-25 access. Don’t miss this rare opportunity—schedule your showing today!

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
$599,000
3.31% rateVASave $2,221/mo

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