533 17th
VA Assumable
3.16% Rate
50 photos
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533 17th

Colorado Springs, CO 80904

3
Bedrooms
3
Bathrooms
N/A
Sq Ft

Payment Calculator

$3,069per 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?$27,500
$27,500$169,423
Secondary Financing8.5% Rate
$141,923
Blended rate4.42% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,303/mo
Assumable @ 3.16% + gap
$3,069/mo
$233less per month
$233
per month
$2,799
per year
$83,962
over 30 years

🏦 Loan Details

List Price
$550,000
Assumable Rate
3.16%
Remaining Balance
$459,713
Loan Type
VA
Est. Equity Gap
$169,423
Annual Taxes
$1,500

About This Home

Previously a successful long term rental, this property offers both a unique opportunity and the luxury of options. Whether you choose to continue renting out a portion of the property or utilize the cottage for multi-generational living, you will love all this property has to offer. The treed lot and long driveway provide privacy for you to enjoy the west side views on the front porch or back patio. The 3 bedroom, 3 bathroom, 1700sqft house boasts a spacious living room, dedicated dining area, renovated kitchen, and two en-suites. At the back of the property, you have a 1 bedroom, 1 bathroom cottage. The cottage has an open concept floor plan that would be perfect for long term guests, multigenerational living, or could operate as a rental to help offset your mortgage. Rounding out the property is the close proximity to Old Colorado City and Downtown, trails, and everything the west side has to offer. Ask about the Assumable loan, book a showing, take a walk through the virtual tour, and start planning your next chapter on the west side!

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
$550,000
3.16% rateVASave $1,438/mo

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