803 Walnut
FHA Assumable
4.01% Rate
50 photos
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803 Walnut

Colorado Springs, CO 80905

3
Bedrooms
2
Bathrooms
1,841
Sq Ft

Payment Calculator

$3,440per 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?$21,750
$21,750$286,833
Secondary Financing8.5% Rate
$265,083
Blended rate6.14% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,612/mo
Assumable @ 4.01% + gap
$3,440/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$435,000
Assumable Rate
4.01%
Remaining Balance
$293,329
Loan Type
FHA
Est. Equity Gap
$286,833
Annual Taxes
$1,203

About This Home

Perfectly located in the heart of the city and minutes from Downtown, Old Colorado City, Ivywild, and I-25, skip commuting altogether by easily accessing some of the best outdoor attractions, restaurants, shopping, and entertainment, Colorado Springs has to offer. This rare opportunity to own a historic westside ranch property in this affordable neighborhood will not last much longer. Ideal for any investor, contractor, or DIY enthusiast, this R2 zoned property features a detached 2-car garage, separate shop, and massive amounts of storage in the non-conforming 6' ceiling basement which includes a half-bath and separate entrance. Immediately move-in to the updated open concept and main level living plan with 3 bedrooms, laundry, remodeled kitchen, and yet still feels private because of the mature trees, corner lot, and alley access. Worry less due to many large upgrades being done including the: kitchen, bathroom, windows, furnace, water heater, front deck, roof (6/27), and real red oak wide plank floors. Bring in your ideas or renovations to create equity and utilize this property's highest and best use while investing in one of the cities most iconic and rare westside neighborhoods. Live healthy and easily walk to Monument Valley Park and Colorado College or see the reason for the very bikeable bike score of 72 on walkscore.com. Convenient to nearly everything you'll enjoy taking full advantage of the Colorado Springs lifestyle that you've been waiting for. Thanks for viewing!

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
$435,000
4.01% rateFHASave $1,748/mo

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