4550 Star Ridge
VA Assumable
2.96% Rate
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4550 Star Ridge

Colorado Springs, CO 80916

4
Bedrooms
3
Bathrooms
2,227
Sq Ft

Payment Calculator

$1,899per 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?$22,450
$22,450$52,762
Secondary Financing8.5% Rate
$30,312
Blended rate3.35% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,696/mo
Assumable @ 2.96% + gap
$1,899/mo
$797less per month
$797
per month
$9,567
per year
$287,018
over 30 years

🏦 Loan Details

List Price
$449,000
Assumable Rate
2.96%
Remaining Balance
$397,125
Loan Type
VA
Est. Equity Gap
$52,762
Annual Taxes
$1,604
HOA/mo
$137

About This Home

Welcome to 4550 Star Ridge Drive, a 4-bedroom, 3 full bath ranch-style home built in 1996 in the Villages at Sand Creek neighborhood of Colorado Springs. Offering approximately 2,230 finished square feet, the home features an open living and dining great-room concept with a fireplace. The main level includes 3 bedrooms and 2 full bathrooms, including a primary bedroom with a private bathroom and closet. The kitchen was updated in 2018 with granite countertops and stainless-steel appliances. Additional updates include a roof replaced in 2019, water heater installed in 2021, and furnace installed in 2024. The home also features central air conditioning. The finished basement provides additional living space with a bedroom, full bathroom, and bonus room that can be used as a family room, office, guest area, or recreation space. Additional features include an attached 2-car garage, wood deck, 8,450-square-foot lot, and Vivint smart-home system connecting smart locks, garage controls, and security cameras. Sand Creek International School (K–12) is located directly behind the home, providing convenient access for school drop-off and pick-up. The property is also located near Wildflower Park and walking trails, Panorama Park, Peterson Space Force Base, Schriever Space Force Base, Fort Carson, Colorado Springs Airport, shopping, dining, and major commuter routes. Qualified buyers may have the opportunity to assume the seller’s existing VA loan at a 2.75% interest rate, subject to servicer approval and buyer qualification.

Data Source: REcolorado MLS

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
$449,000
2.96% rateVASave $829/mo

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