111 Pine
VA Assumable
4.03% Rate
50 photos
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111 Pine

Woodland Park, CO 80863

2
Bedrooms
1
Bathrooms
1,184
Sq Ft

Payment Calculator

$2,328per 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?$20,000
$20,000$193,404
Secondary Financing8.5% Rate
$173,404
Blended rate6.06% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 4.03% + gap
$2,328/mo
$74less per month
$74
per month
$887
per year
$26,616
over 30 years

🏦 Loan Details

List Price
$399,999
Assumable Rate
4.03%
Remaining Balance
$207,576
Loan Type
VA
Est. Equity Gap
$193,404
Annual Taxes
$1,962

About This Home

Located in the Central Business District (CBD) and eligible for Short-Term Rental use, this charming 1,184 square foot property offers exceptional flexibility as a primary residence, vacation getaway, or investment opportunity. Featuring 2 bedrooms, 1 bath, an oversized 1-car garage, and a convenient in-town location on a 0.12-acre lot, this home combines character, comfort, and income potential.\r The spacious living room welcomes you with wood laminate flooring, large windows that fill the space with natural light, and a cozy wood-burning stove. The adjoining dining area features matching flooring and a ceiling fan, creating an inviting setting for everyday meals or entertaining guests.\r The kitchen is both functional and stylish with granite countertops, a unique natural-edge breakfast bar, and included appliances including the refrigerator, range/oven, and dishwasher.\r The primary bedroom offers carpet flooring and dual closets, while the second bedroom includes carpet flooring and a bypass closet. The full bath features ceramic flooring, a custom hammered copper vanity set in handcrafted cabinetry, ceramic tub/shower combination, and an attractive wood ceiling that adds warmth and character.\r A spacious laundry room provides ceramic flooring, washer and dryer, wood ceiling, and patio door access to the side yard, adding both convenience and versatility.\r The oversized single-car garage provides ample room for parking, storage, or a workshop space for hobbies and projects.\r Whether you're seeking a full-time residence, mountain retreat, or investment property with short-term rental potential, this centrally located home offers a rare opportunity in a desirable CBD location close to shopping, dining, entertainment, and local attractions.

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
$399,999
4.03% rateVASave $1,215/mo

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