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Closed
Closed

$280,000

($16,804 down)
FHA

3216 Vail Pass Drive, Colorado Springs, CO 80917

2
2
992 sqft
PITI Monthly
$2,053.09 /mo

Listing courtesy of: Joette Schalla, Fay Ranches Inc

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,660 /mo
$1,804 /mo
$32,108 in interest paid off

What's Special

DINING
PATIO
COZY
Fantastic townhouse in Parkhaven! New waterproof LVP flooring on the main level and in the upstairs bedrooms, and new carpet as well. The kitchen
boasts granite counter tops and lots of storage space, including a pantry with roll out drawers. Off the kitchen is the sliding glass door that opens out
into the private back patio, making a cozy outdoor dining space. The furnance was replaced in 2023. Don't miss out on this great townhouse!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 1 months
Monthly PITI
$2,053.09/mo
Estimated Loan Balance
$263,731
Cash to close
$16,804
Interest Paid
$32,108

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Carpet, Laminate, Linoleum

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Parkhaven
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Diversified Management
  • HOA Amenities: Unknown
  • HOA Fee: $248.48
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $282.26
  • Tax Annual Amount: $646
  • On Market Date: Sep 07, 2024
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Savings Calculator

Current cash to close is $16,804 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
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0%20%50%

You cover the entire equity of $16,804!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$263,196
Your Cash$16,804
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,660/mo
Traditional @ 7.15%
$1,804/mo
You save $144/month ($1,731/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5127668

Listing From: recolorado

Last updated: Jan 18, 2025 01:34am

© 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

6.34%
7.15%

Principal & Interest

$1,660 /mo
$1,804 /mo
$32,108 in interest paid off
Inquire about this property
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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 $16,804 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$
0%20%50%

You cover the entire equity of $16,804!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$263,196
Your Cash$16,804
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,660/mo
Traditional @ 7.15%
$1,804/mo
You save $144/month ($1,731/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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