8374 Ravenel
VA Assumable
3.08% Rate
50 photos
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8374 Ravenel

Colorado Springs, CO 80920

4
Bedrooms
4
Bathrooms
2,154
Sq Ft

Payment Calculator

$3,375per 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?$25,750
$25,750$311,082
Secondary Financing8.5% Rate
$285,332
Blended rate5.83% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,092/mo
Assumable @ 3.08% + gap
$3,375/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$515,000
Assumable Rate
3.08%
Remaining Balance
$277,391
Loan Type
VA
Est. Equity Gap
$311,082
Annual Taxes
$2,107

About This Home

Come see this beautifully maintained 4-bedroom home in the highly desirable Briargate area! From the moment you walk in, you’ll love the soaring vaulted ceilings, rich wood floors, large windows, and open-concept layout filled with natural light. The spacious kitchen is a standout feature with stainless steel appliances, double ovens, quartz countertops, a center island, and plenty of space for cooking and entertaining. The adjoining living area with cozy fireplace creates the perfect gathering space for family and friends. Step outside to a great-sized backyard that needs a little work but is ideal for summer gatherings and relaxing evenings in this wonderful neighborhood. Located in award-winning D20 schools, with the elementary school just around the corner and Frontier Park nearby! Additional highlights include mountain views from the primary bedroom, built-ins throughout, a finished basement and an insulated garage. This home truly shows pride of ownership and is move-in ready!

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
$515,000
3.08% rateVASave $836/mo

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