7485 Cottage Grove
VA Assumable
2.74% Rate
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7485 Cottage Grove

Colorado Springs, CO 80911

3
Bedrooms
3
Bathrooms
1,640
Sq Ft

Payment Calculator

$2,537per 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?$20,750
$20,750$277,730
Secondary Financing8.5% Rate
$256,980
Blended rate6.49% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,492/mo
Assumable @ 2.74% + gap
$2,537/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$415,000
Assumable Rate
2.74%
Remaining Balance
$137,593
Loan Type
VA
Est. Equity Gap
$277,730
Annual Taxes
$2,052

About This Home

Exceptional curb appeal, Pikes Peak views, a spacious lot, and meticulous care make this move-in ready home a standout opportunity. Tucked away on a quiet cul-de-sac in an established neighborhood, this beautifully maintained two-story home offers the space, updates, and flexibility you crave.\r \r Designed with everyday living in mind, the home features two separate living areas, giving everyone room to gather, relax, work, or entertain. From the covered entry, the beautiful living room with crown molding welcomes guests, while the spacious family room offers a warm and inviting atmosphere with a beautiful gas masonry fireplace, walk-in closet for additional storage, and walkout access to the large deck overlooking the fenced backyard. The adjoining dining room and kitchen keeps everyone connected with an open layout featuring newer appliances, a breakfast bar, pantry, custom tile backsplash, large farmhouse sink, and convenient main-level laundry nearby.\r \r The open staircase at the entry leads to three bedrooms, including a generous owner's suite with a private full bath and a second full bath serving the additional bedrooms. With a new hail-resistant roof, new siding, and new gutters on the way, central A/C, newer kitchen appliances and tasteful updates throughout, the big projects are already complete. Just move in and start making memories.\r \r The western exposure captures beautiful city and mountain views and will keep snow removal to a minimum. Mature trees, RV parking, a two-car attached garage, and a fully fenced backyard add to the home's exceptional appeal.\r \r Located in desirable Widefield D3, this home is close to schools, shopping, restaurants, military bases, and is just 5 minutes from I-25. Combining timeless style, flexible living spaces, extensive updates, and an outstanding location, this is a home that's ready to enjoy from day 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.

This listing
$415,000
2.74% rateVASave $1,855/mo

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