625 Madison
Colorado Springs, CO 80907
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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.
🏦 Loan Details
- List Price
- $399,000
- Assumable Rate
- 3.07%
- Remaining Balance
- $268,455
- Loan Type
- VA
- Est. Equity Gap
- $130,545
- Annual Taxes
- $1,204
About This Home
The blue bungalow with the yellow door — the one people slow down for — is ready for its next chapter. For the last decade it's been loved hard and improved the right way, and it shows the moment you step through the gate. Summer here starts in the walk-in greenhouse and ends up in the raised garden beds; evenings drift to the flagstone fire-pit lounge under string lights, and wind down in the hot tub, which stays with the house. Inside light pours over an open living-and-kitchen space with stainless appliances, warm wood cabinetry, and color chosen with actual conviction. Two bedrooms and a full bath live on the main level; downstairs, the finished basement rewrites the math — two more bedrooms, a 3/4 bath, a 14x20 family room, and a built-in desk nook where the commute is twelve steps. The unglamorous work is already done, and permitted: new roof in 2022, upgraded electrical panel in 2022, high-efficiency furnace and central A/C in 2015. No HOA telling you what color your door can be. Alley access, mature shade trees, and you're minutes from downtown, Old Colorado City, and I-25. Homes with this much story don't come along often — come write the next one.
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.
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