7229 Waterman
VA Assumable
4.03% Rate
50 photos
Click to enlarge

7229 Waterman

Colorado Springs, CO 80922

4
Bedrooms
3
Bathrooms
2,550
Sq Ft

Payment Calculator

$3,660per 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?$25,500
$25,500$365,752
Secondary Financing8.5% Rate
$340,252
Blended rate6.75% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,062/mo
Assumable @ 4.03% + gap
$3,660/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$510,000
Assumable Rate
4.03%
Remaining Balance
$217,900
Loan Type
VA
Est. Equity Gap
$365,752
Annual Taxes
$2,073

About This Home

Three car garage in this updated ranch home with a finished basement. The main level offers two bedrooms with a five piece bath in the primary suite and the second bedroom/office has glass double doors with a full bath in the adjoining hall. There are two more bedrooms and a full bath in the basement. The living room offers a gas fireplace with a walk-out slider to the large patio and zeroscaped back yard. The kitchen boasts of oak hardwood flooring with all stainless steal appliances, large pantry, eat-in space, a built-in desk, new granite counters and a beautiful glass back splash with a large new sink. The 5 piece primary bath has updated shower with beautiful easy to care for cast marble, 2 sink and counters also updated. The basement offers all new vinyl flooring in the large family room with built-in book shelves and a wet bar. The laundry and storage and mechanical room are also in the basement. The outside of the home was painted and the two skylights in the living room were replaced along with the gutters due to hail damage. There is a8' x 10' shed in the back on the side of house The yard has a large parking space that opens to a large gate that will accommodate an RV. The home is light and bright and close to Powers, shopping and schools.

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
$510,000
4.03% rateVASave $2,018/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472