212 Madison
VA Assumable
2.81% Rate
50 photos
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212 Madison

Colorado Springs, CO 80907

4
Bedrooms
2
Bathrooms
1,461
Sq Ft

Payment Calculator

$2,257per 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?$23,250
$23,250$146,133
Secondary Financing8.5% Rate
$122,883
Blended rate4.39% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,792/mo
Assumable @ 2.81% + gap
$2,257/mo
$535less per month
$535
per month
$6,425
per year
$192,742
over 30 years

🏦 Loan Details

List Price
$465,000
Assumable Rate
2.81%
Remaining Balance
$318,867
Loan Type
VA
Est. Equity Gap
$146,133
Annual Taxes
$2,372

About This Home

Welcome home to this charming two-story residence nestled in the heart of Colorado Springs' highly sought-after Old North End. Full of timeless character and modern updates, this 4-bedroom, 2-bathroom home offers the perfect blend of historic charm and everyday comfort. Relax on the elevated front porch with its classic porch swing—the perfect spot to enjoy your morning coffee or unwind at the end of the day while taking in stunning views of Pikes Peak. Inside, you'll find a bright and inviting main level with beautiful hardwood floors throughout. The family room features a cozy fireplace and abundant natural light, a truly serene focal point of the home. The practical access to two main-level bedrooms with one full bathroom, combines functionality and spaciousness with this timeless home design. The updated kitchen offers modern appliances, ample counter space, and opens to the backyard deck, making indoor-outdoor entertaining effortless. Adjacent to the kitchen is a main dining space and an additional breakfast nook with views of the backyard. Upstairs, you'll find two expansive primary bedrooms with a full bathroom providing a peaceful retreat, while the additional main level bedrooms offer flexibility for guests, a home office, or growing families. Be sure to check out the additional storage behind the Murphy door bookshelves in each upstairs bedroom! Step outside to the private backyard deck, an ideal space for summer barbecues, gardening, or simply relaxing outdoors. This home also boasts all new exterior paint on the main house and the garage, new front yard landscaping, a new water heater in early 2026, and a 4 year old furnace. Located in one of Colorado Springs' most treasured historic neighborhoods, you'll enjoy easy access to downtown, Monument Valley Park, local restaurants, coffee shops, and shopping. Rich in character and surrounded by mature trees and beautiful historic homes, the Old North End offers a lifestyle that's hard to match.

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
$465,000
2.81% rateVASave $1,308/mo

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