5523 Many Springs
VA Assumable
5.81% Rate
50 photos
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5523 Many Springs

Colorado Springs, CO 80923

4
Bedrooms
3
Bathrooms
2,048
Sq Ft

Payment Calculator

$3,758per 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?$22,750
$22,750$391,906
Secondary Financing8.5% Rate
$369,156
Blended rate7.70% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,732/mo
Assumable @ 5.81% + gap
$3,758/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$455,000
Assumable Rate
5.81%
Remaining Balance
$156,534
Loan Type
VA
Est. Equity Gap
$391,906
Annual Taxes
$1,232

About This Home

This home checks all the boxes! Situated on a desirable corner lot with no HOA, this beautifully updated ranch-style home offers the ease of main level living and is packed with value and peace of mind. Enjoy brand new lifetime warranty windows and new garage door, giving you confidence in some of the home's most important updates. Inside, you'll find hardwood floors on the main level, an updated kitchen with granite countertops and newer appliances, including a Cafe Oven, updated bathrooms, new flooring in the primary bath, and two cozy fireplaces. The finished basement offers fantastic additional living space with potential for a 5th bedroom. Added convenience comes with laundry hookups on both the main level and in the basement, offering flexibility for a variety of living arrangements. Step outside to a pergola just off the kitchen, creating the perfect space for entertaining, relaxing, and enjoying Colorado evenings. An oversized garage and huge Tuff Shed provide plenty of room for storage, hobbies, toys, or a workshop. Lovingly maintained by the original owners, this move-in ready home offers the updates, space, and freedom you've been looking for. Ask about preferred lender incentives offering up to $11,271 designed to help reduce closing costs or lower monthly payments through a full 2/1 rate buy down! Showings start Friday 6/12.

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
$455,000
5.81% rateVASave $1,833/mo

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