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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$312,000

($211,275 down)
FHA

3862 Constitution Avenue, Colorado Springs, CO 80909

3
4
2,211 sqft
PITI Monthly
$890.61 /mo

Listing courtesy of: Treasure Davis, eXp Realty, LLC

Assumed Rate

3.71%
7.15%

Principal & Interest

$584 /mo
$855 /mo
$42,185 in interest paid off

What's Special

LOCATION
SHOPPING
SPACIOUS
MOVE-IN READY
STAINLESS STEEL APPLIANCES
PATIO
Welcome to this spacious 3-bedroom, 4-bath townhome, conveniently located just minutes from schools, shopping, and parks. This home offers both
comfort and an updated kitchen, featuring stainless steel appliances, including a gas stove, perfect for cooking enthusiasts. The great floor plan
provides a bright and welcoming living space, while the enclosed patio offers a private outdoor area to relax or entertain. The home also features a
2-car carport, providing convenient parking and additional storage. With its prime location and thoughtful upgrades, this townhome is the ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.71
Remaining Loan Term
20 years, 0 months
Monthly PITI
$890.61/mo
Estimated Loan Balance
$137,847
Cash to close
$211,275
Interest Paid
$42,185

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: GEORGETOWN SQUARE
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Georgetown Square Homeowners Association
  • HOA Amenities: Unknown
  • HOA Fee: $398
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $141.11
  • Tax Annual Amount: $806
  • On Market Date: Sep 12, 2024
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Savings Calculator

Current cash to close is $211,275 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $211,275!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$100,725
Your Cash:$211,275
Total Purchase Price:$312,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$584/mo
Traditional @ 7.15%
$887/mo
You save $304/month ($3,644/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9505955

Listing From: recolorado

Last updated: Jan 31, 2025 12:08am

© 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

3.71%
7.15%

Principal & Interest

$584 /mo
$855 /mo
$42,185 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 $211,275 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $211,275!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$100,725
Your Cash:$211,275
Total Purchase Price:$312,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$584/mo
Traditional @ 7.15%
$887/mo
You save $304/month ($3,644/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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