5015 Old Fountain
VA Assumable
3.08% Rate
50 photos
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5015 Old Fountain

Colorado Springs, CO 80916

4
Bedrooms
3
Bathrooms
1,990
Sq Ft

Payment Calculator

$1,629per month
No secondary financing needed

The equity gap on this property ($-2,456) is less than 5% of the purchase price ($19,000). Your down payment covers the full gap with no second mortgage required.

Down payment$-2,456
Effective rate3.08% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,282/mo
Assumable @ 3.08%
$1,629/mo
$653less per month
$653
per month
$7,833
per year
$234,996
over 30 years

🏦 Loan Details

List Price
$380,000
Assumable Rate
3.08%
Remaining Balance
$382,456
Loan Type
VA
Est. Equity Gap
Contact us
Annual Taxes
$1,591

About This Home

SHORT SALE OPPORTUNITY! Unlock the full potential in this spacious 4-bedroom, 3-bathroom Colorado Springs home, offering an incredible opportunity for investors, flippers, or buyers ready to build some sweat equity. With a functional floor plan, generous living space, and an unfinished basement ready for future expansion, this home is full of possibilities.\r \r Step inside to a formal living room and dining area. The kitchen features stainless steel appliances and a bright breakfast nook with a beautiful bay window that fills the space with natural light. Just off the kitchen, you'll find an additional living area with access to the spacious back patio and backyard, making it ideal for entertaining or relaxing. A dedicated laundry room and convenient half bath are located just nearby the garage entry.\r \r Upstairs, the primary suite features double-door entry, a walk-in closet, dual vanities, and a stand-up shower. Three additional bedrooms and a full bathroom complete the upper level. The unfinished basement provides a blank canvas to create additional living space, a home gym, recreation room, or extra bedrooms while adding future value.\r \r Located in an established neighborhood with convenient access to schools, parks, shopping, dining, military installations, and major commuter routes, this home offers lasting value in a central location. Whether you're searching for your next renovation project, investment property, or a home to personalize over time, this is an opportunity you won't want to miss. \r \r Bring your vision and creativity! With the right updates and personal touch, this property has tons of potential. Don't miss your chance to create value and make this home your own!

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
$380,000
3.08% rateVASave $452/mo

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