5580 Flag
VA Assumable
3.31% Rate
50 photos
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5580 Flag

Colorado Springs, CO 80919

5
Bedrooms
4
Bathrooms
2,964
Sq Ft

Payment Calculator

$3,563per 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?$31,750
$31,750$309,593
Secondary Financing8.5% Rate
$277,843
Blended rate5.70% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,813/mo
Assumable @ 3.31% + gap
$3,563/mo
$250less per month
$250
per month
$2,996
per year
$89,873
over 30 years

🏦 Loan Details

List Price
$635,000
Assumable Rate
3.31%
Remaining Balance
$325,407
Loan Type
VA
Est. Equity Gap
$309,593
Annual Taxes
$1,912
HOA/mo
$625

About This Home

Experience Colorado Springs living in this beautifully updated Westside home, perfectly located near Pinon Valley Park, Ute Valley Park, Garden of the Gods, and miles of hiking and biking trails. This move in ready 5 bedroom, 4 bathroom home with a finished basement offers the perfect blend of luxury, comfort, and outdoor living. The bright open floor plan welcomes you with vaulted ceilings, natural light and elegant living and dining spaces designed for entertaining. The gourmet kitchen is a true centerpiece featuring quartz countertops, an oversized island with breakfast bar, stainless steel appliances, gas range, farmhouse sink, porcelain subway tile backsplash, abundant cabinetry and a sunny breakfast nook with bay window. The adjoining family room features a brick gas fireplace and opens directly to the outdoor living area. Upstairs, the spacious primary suite offers vaulted ceilings, five piece bath and a large walk in closet. Two additional bedrooms and a full bath complete the upper level. The finished basement expands your living space with a generous recreation room featuring an electric fireplace, wet bar, two additional bedrooms, and a full bathroom, making it ideal for guests, multigenerational living, or a private retreat. The backyard is a true highlight and designed to impress. Surrounded by mature landscaping and offering peaceful mountain range views, this private outdoor sanctuary features a covered composite deck, TWO pergolas, multiple entertaining areas, and plenty of space for dining, relaxing, or hosting gatherings year round. Whether enjoying your morning coffee or an evening under the Colorado sky, this backyard delivers the lifestyle buyers are searching for. Additional features include central air conditioning, whole house fan, central vacuum, radon mitigation system, front and rear sprinkler system, insulated garage doors with newer openers, and an unbeatable location close to parks, shopping, dining, and top Colorado Springs amenities.

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
$635,000
3.31% rateVASave $2,174/mo

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