5216 Arroyo
VA Assumable
2.87% Rate
50 photos
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5216 Arroyo

Colorado Springs, CO 80922

4
Bedrooms
4
Bathrooms
2,477
Sq Ft

Payment Calculator

$2,437per 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?$26,995
$26,995$115,673
Secondary Financing8.5% Rate
$88,678
Blended rate3.85% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,242/mo
Assumable @ 2.87% + gap
$2,437/mo
$805less per month
$805
per month
$9,661
per year
$289,815
over 30 years

🏦 Loan Details

List Price
$539,900
Assumable Rate
2.87%
Remaining Balance
$423,276
Loan Type
VA
Est. Equity Gap
$115,673
Annual Taxes
$1,814

About This Home

Nestled on one of the largest lots in the desirable Stetson Hills area, this beautifully maintained 4-bedroom, 3-bath home sits on OVER HALF AN ACRE! 3-car garage has epoxied floors with glow-in-the dark flakes! Inside, you'll find NEWLY PAINTED WALLS with vaulted ceilings and a floor plan featuring HARDWOOD FLOORS, formal living and dining rooms. Smart thermostat brings added convenience to your busy days. The spacious kitchen has a practically brand new, 6 months old stainless-steel refrigerator, a breakfast bar and casual dining area that steps out onto the 40x16 wrap around wooden deck overlooking the enormous fully fenced backyard. A unique added bonus; both chicken coop & brick fire pit in the backyard stay! Upstairs are all four bedrooms along with a generous loft landing that's perfect for a home office, playroom, reading nook, or FLEX SPACE. Primary bedroom en-suite features a walk-in closet, double vanity & an oversized walk-in, glass door shower with dual shower heads. All toilets have been replaced with new chair height and elongated bowls. The NEWLY FINISHED BASEMENT brings you even more space adding a family room plus a half bath, backyard access walk-out patio, and a LARGE STORAGE ROOM! Both the front and the backyards bring plenty of room to create your own outdoor oasis with multiple gathering areas. Expansive driveway with room for RV PARKING! Just minutes from shopping, dining, schools, parks, and major commuter routes. EASY MILITARY COMMUTE, being only about 7 MILES from Peterson Space Force Base & about 15 MILES from Schriever Space Force Base. Offering an exceptional lot, versatile living spaces, and a prime Colorado Springs location, this home is a rare opportunity you won't want to miss.

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
$539,900
2.87% rateVASave $1,277/mo

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