701 Corona
FHA Assumable
3.92% Rate
50 photos
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701 Corona

Colorado Springs, CO 80903

2
Bedrooms
1
Bathrooms
743
Sq Ft

Payment Calculator

$1,198per 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?$8,250
$8,250$161,384
Secondary Financing8.5% Rate
$153,134
Blended rate8.37% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$991/mo
Assumable @ 3.92% + gap
$1,198/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$165,000
Assumable Rate
3.92%
Remaining Balance
$4,436
Loan Type
FHA
Est. Equity Gap
$161,384
Annual Taxes
$1,156

About This Home

Opportunity awaits with this centrally located Colorado Springs property offering plenty of potential. This 2-bedroom, 1-bath home is being sold as-is and could be a great fit for investors, builders, or buyers looking for a renovation project or possible new build.\r \r The fully fenced property also includes a detached garage and a separate 1-bedroom, 1-bath cottage with an attached workshop, offering additional space and possibilities.\r \r Conveniently located near shopping, dining, schools, parks, and major commuter routes. Bring your vision and explore the possibilities this unique property has to offer.\r \r All information is deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information, including but not limited to the cottage, bathroom, electrical service, property condition, square footage, zoning, and potential uses.

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
$165,000
3.92% rateFHASave $970/mo

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