320 Cranbrook
VA Assumable
3.16% Rate
50 photos
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320 Cranbrook

Colorado Springs, CO 80906

4
Bedrooms
2
Bathrooms
1,578
Sq Ft

Payment Calculator

$1,924per 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?$19,750
$19,750$111,169
Secondary Financing8.5% Rate
$91,419
Blended rate4.46% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,372/mo
Assumable @ 3.16% + gap
$1,924/mo
$448less per month
$448
per month
$5,372
per year
$161,148
over 30 years

🏦 Loan Details

List Price
$395,000
Assumable Rate
3.16%
Remaining Balance
$283,830
Loan Type
VA
Est. Equity Gap
$111,169
Annual Taxes
$1,749

About This Home

Welcome home to this beautifully updated tri-level residence nestled on a spacious 9,000-square-foot lot in a highly desirable west-side location. Offering 1,589 square feet of thoughtfully designed living space, this light-filled home combines modern updates with a functional floor plan that's perfect for everyday living and entertaining.\r \r The heart of the home is the beautifully remodeled gallery-style kitchen, featuring a large center island, stainless steel appliance package, abundant cabinetry, and an open layout that flows seamlessly into the main living areas. Vaulted ceilings and expansive windows fill the home with natural light, creating a bright and welcoming atmosphere throughout.\r \r Retreat to the private lower-level primary suite, thoughtfully separated from the secondary bedrooms for added privacy. Complete with its own updated en-suite bathroom, this peaceful space offers the perfect place to unwind. Two additional bedrooms and an updated full bathroom are located on the upper level.\r \r Recent improvements include updated flooring throughout, newer interior paint, and tastefully renovated bathrooms, making this home truly move-in ready.\r \r Step outside to enjoy the expansive, fully fenced backyard that backs to open space, providing added privacy and room to relax, entertain, garden, or play. An attached one-car garage adds everyday convenience.\r \r Ideally located within walking distance of schools and parks, this home is just minutes from Fort Carson, offers quick access to I-25, and is only a short drive to downtown, making commuting and enjoying all the city has to offer incredibly convenient.\r \r With its desirable location, thoughtful updates, open floor plan, and exceptional backyard setting, this is a wonderful opportunity to own a home that truly has it all.

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
$395,000
3.16% rateVASave $974/mo

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