Property SearchContact
OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
primary-1
primary-2primary-3
Closed
Closed

$850,000

($301,878 down)
VA

1314 Shrider Road, Colorado Springs, CO 80920

6
4
3,329 sqft
PITI Monthly
$2,959.42 /mo

Listing courtesy of: Aimee Fletcher, eXp Realty, LLC

Assumed Rate

2.89%
7.15%

Principal & Interest

$2,598 /mo
$4,221 /mo
$75,996 in interest paid off

What's Special

REMODELED
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
RENOVATED
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
DECK
MOUNTAIN VIEWS
COZY
Welcome to this rare gem in highly sought after but seldom available Falcon Estates! This beautifully renovated 5-bed, 4-bath rancher offers 3,498 sq ft
of elegant living on a full acre in the heart of the city. Combining privacy, space, and panoramic Pikes Peak views, the home features luxurious
upgrades with full main level handicap accessibility. Entering the home, you will be welcomed by a spacious living room and formal dining area,
accented with wainscoting, custom shelving, and ample storage. The main-level primary suite features custom closets and a stylishly rem... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$2,959.42/mo
Estimated Loan Balance
$574,337
Cash to close
$301,878
Interest Paid
$75,996

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Falcon Estates
  • Features: Accessible Approach with Ramp
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $255.33
  • Tax Annual Amount: $1736
  • On Market Date: Aug 22, 2024
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 $301,878 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $301,878!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$548,122
Your Cash$301,878
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$2,598/mo
Traditional @ 7.15%
$4,379/mo
You save $1,781/month ($21,367/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7780114

Listing From: recolorado

Last updated: Oct 05, 2024 01:35pm

© 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

2.89%
7.15%

Principal & Interest

$2,598 /mo
$4,221 /mo
$75,996 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 $301,878 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $301,878!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$548,122
Your Cash$301,878
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$2,598/mo
Traditional @ 7.15%
$4,379/mo
You save $1,781/month ($21,367/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Berkshire Hathaway HomeServices California Realty
Agent/Broker
Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
Resources
Apply to Assume
Navigate
BuyersSellersRealtorsBlogsContact
Get in Touch
(213) 505-2098berkshiresc@fyremail.net
Powered By UMe.

© 2025 Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices California Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
May, 17 2025

equal-housing

Berkshire Hathaway HomeServices California Realty © 2025 is committed to and abides by the Fair Housing Act of Equal Opportunity.

Terms and ConditionsPrivacy PolicySitemap

Get Started Now

Discover the power of assumable homes

​
​
​
​
I am a...
​
Who referred you?
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