1418 Spruce
FHA Assumable
2.96% Rate
50 photos
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1418 Spruce

Pueblo, CO 81004

1
Bedrooms
1
Bathrooms
622
Sq Ft

Payment Calculator

$695per 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?$8,000
$8,000$24,486
Secondary Financing8.5% Rate
$16,486
Blended rate3.56% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$961/mo
Assumable @ 2.96% + gap
$695/mo
$266less per month
$266
per month
$3,187
per year
$95,604
over 30 years

🏦 Loan Details

List Price
$160,000
Assumable Rate
2.96%
Remaining Balance
$135,514
Loan Type
FHA
Est. Equity Gap
$24,486
Annual Taxes
$1,045

About This Home

Step into the charm of this delightful 1-bedroom, 1-bath ranch-style home, built in 1901 and nestled in the Irondale subdivision. Inside, you'll find a welcoming living room and an eat-in kitchen featuring stainless steel appliances, white cabinetry, and a stylish mosaic tile backsplash. The home also includes a nicely sized bedroom, a full bathroom, and a convenient laundry room with the washer and dryer included! The unfinished basement offers endless possibilities for additional living space, storage, or your next renovation project. Outside, the fully fenced backyard is shaded by mature trees, creating a private setting that's perfect for relaxing or entertaining. Conveniently located just minutes from Lake Minnequa Park and Open Space, shopping, dining, and with easy access to the I-25 corridor, this charming home offers both character and convenience. Schedule your showing today!

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
$160,000
2.96% rateFHASave $323/mo

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