36 Stovel
FHA Assumable
5.22% Rate
50 photos
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36 Stovel

Colorado Springs, CO 80916

2
Bedrooms
2
Bathrooms
985
Sq Ft

Payment Calculator

$1,479per 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?$13,495
$13,495$19,216
Secondary Financing8.5% Rate
$5,721
Blended rate5.29% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,621/mo
Assumable @ 5.22% + gap
$1,479/mo
$142less per month
$142
per month
$1,702
per year
$51,066
over 30 years

🏦 Loan Details

List Price
$269,900
Assumable Rate
5.22%
Remaining Balance
$260,711
Loan Type
FHA
Est. Equity Gap
$19,216
Annual Taxes
$889
HOA/mo
$355

About This Home

Freshly spruced up and move-in ready, this beautifully updated 2-bedroom, 2-bath, main-level condo offers the perfect blend of style, comfort, and convenience. Thoughtfully updated with interior paint, newer carpet, luxury vinyl plank flooring, and updated kitchen countertops, this home is ready for its next owner to enjoy from day one.\r \r The spacious, functional floor plan features a warm and inviting living room with a cozy fireplace, creating the perfect space to relax or entertain. Step outside to your private west-facing deck to enjoy Colorado sunsets or your morning coffee.\r \r The primary suite has an attached bath, generous walk-in closet, and plenty of room to unwind. An attached garage provides secure parking, extra storage, and easy access directly into the home.\r \r Enjoy the benefits of low-maintenance living with HOA services that include landscape maintenance, grounds and exterior maintenance, management, trash service, insurance, and covenant enforcement—giving you more time to enjoy life and less time worrying about upkeep.\r \r Located in a well-maintained community that reflects pride of ownership, you'll appreciate the convenient access to shopping, restaurants, parks, schools, and major commuting routes.\r \r Whether you're a first-time homebuyer, downsizing, or looking for a lock-and-leave lifestyle, this move-in ready home offers exceptional value and carefree Colorado living.

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
$269,900
5.22% rateFHASave $162/mo

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