5228 Monarch Crest
VA Assumable
3.57% Rate
50 photos
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5228 Monarch Crest

Colorado Springs, CO 80924

4
Bedrooms
3
Bathrooms
3,001
Sq Ft

Payment Calculator

$4,426per 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?$36,250
$36,250$448,378
Secondary Financing8.5% Rate
$412,128
Blended rate6.52% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,353/mo
Assumable @ 3.57% + gap
$4,426/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$725,000
Assumable Rate
3.57%
Remaining Balance
$277,613
Loan Type
VA
Est. Equity Gap
$448,378
Annual Taxes
$2,774
HOA/mo
$133

About This Home

Perfectly positioned within the highly sought-after community of Cordera, this beautifully refreshed ranch-style home combines thoughtful design, modern updates + an exceptional lifestyle. Fresh interior paint, new carpet, updated light fixtures + rich hardwood flooring create a warm, inviting atmosphere from the moment you step inside. Filled with natural light, the open-concept floor plan features 9' ceilings, expansive windows overlooking the private backyard and spaces designed for both everyday living + entertaining. The great room is anchored by a gas fireplace with stone surround and flows seamlessly into the dining area with walkout access to the covered patio, fenced backyard + separate dog run. At the heart of the home, the kitchen showcases slab granite countertops, 42" staggered cabinetry with crown molding, an oversized center island, stainless steel appliances uncluding a double oven creating the perfect space for gathering with family + friends. The main-level primary suite offers a peaceful retreat w/a spacious walk-in closet and luxurious five-piece bath featuring dual vanities, an oversized soaking tub + walk-in shower with bench. A secondary main-level bedroom and full bath provide flexibility for guests or as a home office. The basement expands the home's versatility w/a large family room, wet bar, surround sound wiring, two additional bedrooms, a shared ¾ bath with oversized shower, generous storage space and unfinished area offering the opportunity to create an additional bedroom suite and bathroom. A three-car garage, covered front porch, covered rear patio and beautifully maintained outdoor living spaces complete this exceptional home. Residents of Cordera enjoy miles of scenic trails, storybook-themed parks, the 5-acre Grand Lawn Park, a state-of-the-art community center with fitness facilities, pool, neighborhood events and award-winning Academy District 20 schools, all just minutes from shopping, dining, hospitals and everyday conveniences.

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
$725,000
3.57% rateVASave $2,536/mo

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