1917 Sheridan
VA Assumable
5.23% Rate
50 photos
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1917 Sheridan

Colorado Springs, CO 80905

2
Bedrooms
1
Bathrooms
796
Sq Ft

Payment Calculator

$1,750per 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?$12,450
$12,450$217,388
Secondary Financing8.5% Rate
$204,938
Blended rate8.06% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,495/mo
Assumable @ 5.23% + gap
$1,750/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$249,000
Assumable Rate
5.23%
Remaining Balance
$31,612
Loan Type
VA
Est. Equity Gap
$217,388
Annual Taxes
$618

About This Home

Opportunity awaits with this charming fixer-upper in a convenient location with easy access to Fort Carson, I-25, and South Nevada Avenue. Whether you're a first-time buyer looking to build equity or an investor searching for your next project, this 2-bedroom, 1-bath home offers plenty of potential to make it your own.\r \r The property features an attached extended one-car garage, an additional detached one-car garage, and two storage sheds, providing abundant space for vehicles, hobbies, tools, and extra storage. Conveniently located near shopping, parks, and schools, you'll enjoy easy access to everyday amenities while creating the home you've envisioned.\r \r Bring your ideas and updates to transform this diamond in the rough into something truly special. Don't miss this chance to own a property with great potential in a desirable, centrally located area.

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
$249,000
5.23% rateVASave $1,053/mo

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