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Closed
Closed

$275,999

($203,789 down)
FHA

1211 Aspen Avenue, Colorado Springs, CO 80905

2
1
796 sqft
PITI Monthly
$928.87 /mo

Listing courtesy of: Julie Robertson, RE/MAX Real Estate Group Inc

Assumed Rate

6.5%
7.15%

Principal & Interest

$651 /mo
$696 /mo
$97,130 in interest paid off

What's Special

REMODELED
SERENE
MODERN
Discover your dream home nestled in the picturesque community of Colorado Springs. This delightful 2-bedroom, 1-bathroom sanctuary at 1211 Aspen
Avenue blends modern comfort with serene mountain charm. As you step inside, you'll be greeted by an open-concept living space filled with natural
light. The newly remodeled bathroom boasts updated fixtures and finishes, providing an upgraded experience in the comfort of your own home.
Recent upgrades include a brand-new roof, furnace, and water heater, ensuring peace of mind and energy efficiency for years to come. ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.5
Remaining Loan Term
13 years, 3 months
Monthly PITI
$928.87/mo
Estimated Loan Balance
$74,625
Cash to close
$203,789
Interest Paid
$97,130

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Steam
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Traditional
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stratton Meadows
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $346.73
  • Tax Annual Amount: $659
  • On Market Date: May 24, 2024
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Savings Calculator

Current cash to close is $203,789 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$
0%20%50%

You cover the entire equity of $203,789!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$72,210
Your Cash:$203,789
Total Purchase Price:$275,999

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$651/mo
Traditional @ 7.15%
$722/mo
You save $71/month ($847/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3009598

Listing From: recolorado

Last updated: Oct 01, 2024 06:04pm

© 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

6.5%
7.15%

Principal & Interest

$651 /mo
$696 /mo
$97,130 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 $203,789 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$
0%20%50%

You cover the entire equity of $203,789!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$72,210
Your Cash:$203,789
Total Purchase Price:$275,999

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$651/mo
Traditional @ 7.15%
$722/mo
You save $71/month ($847/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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