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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$200,000

($198,176 down)
FHA

118 W Las Animas Street, Colorado Springs, CO 80903

1
1
888 sqft
PITI Monthly
$546.12 /mo

Listing courtesy of: Lauren Collier, Live Dream Colorado LLC

Assumed Rate

9.15%
7.15%

Principal & Interest

$312 /mo
$259 /mo
$74,114 in interest paid off

What's Special

SPACIOUS
FENCED YARD
HISTORIC
A 2nd bedroom can be easily framed in on the main level. This turn of the century home in historic Mill Street neighborhood includes private fenced
yard and detached garage with alley access. This supremely walkable neighborhood is a block south of the new Weidner Field and located in the
downtown core. The house is a HANDYMAN SPECIAL. Prior tenant stated that there has been water intrusion into the basement for many years when it
rains, and bathroom plumbing leaks into the basement. The house is conveyed strictly AS-IS. Kitchen is spacious. Real wood floors run thr... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
9.15
Remaining Loan Term
Loan term completed
Monthly PITI
$546.12/mo
Estimated Loan Balance
$2,414
Cash to close
$198,176
Interest Paid
$74,114

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1899
Details
  • Builder:

Community & HOA

Community
  • Subdivision: PERKINS + FORTSONS SUB
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $225.23
  • Tax Annual Amount: $681
  • On Market Date: Sep 12, 2024
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Savings Calculator

Current cash to close is $198,176 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$
0%20%50%

You cover the entire equity of $198,176!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage9.15% Sellers Rate
$1,824
Your Cash:$198,176
Total Purchase Price:$200,000

Assumed vs Traditional Mortgage

Assumed @ 9.15%
$312/mo
Traditional @ 7.15%
$268/mo
You save $-44/month ($-528/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1914319

Listing From: recolorado

Last updated: Sep 27, 2024 05:17pm

© 2025, recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

9.15%
7.15%

Principal & Interest

$312 /mo
$259 /mo
$74,114 in interest paid off
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $198,176 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$
0%20%50%

You cover the entire equity of $198,176!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage9.15% Sellers Rate
$1,824
Your Cash:$198,176
Total Purchase Price:$200,000

Assumed vs Traditional Mortgage

Assumed @ 9.15%
$312/mo
Traditional @ 7.15%
$268/mo
You save $-44/month ($-528/year)

*Secondary financing rates are an estimated value based on input

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