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Closed
Closed

$450,000

($173,678 down)
VA

5860 Del Rey Drive, Colorado Springs, CO 80918

4
2
1,723 sqft
PITI Monthly
$1,514.76 /mo

Listing courtesy of: Elizabeth Ranals, Keller Williams Partners Realty

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,271 /mo
$2,032 /mo
$40,306 in interest paid off

What's Special

REMODELED
SHOPPING
DINING
SPACIOUS
MODERN
RENOVATED
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
DECK
MOUNTAIN VIEWS
Welcome to your dream home! Nestled in the highly desirable Vista Grande Terrace neighborhood, this renovated gem offers the perfect blend of style,
comfort, and convenience.As you step inside, you're greeted by breathtaking mountain views that can be enjoyed from every corner of
the home. The open layout boasts new luxury vinyl plank flooring and plush carpet, creating an inviting atmosphere that's perfect for both relaxation
and entertaining. The recently remodeled bathrooms feature trendy tile accents, while the kitchen is a chef's delight with granite countert... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.02
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,514.76/mo
Estimated Loan Balance
$362,129
Cash to close
$173,678
Interest Paid
$40,306

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Wood
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Wood Burning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Roof: Composition
Condition
  • Year Built: 1975
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Vista Grande Terrace
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $261.17
  • Tax Annual Amount: $1120
  • On Market Date: May 07, 2024
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Savings Calculator

Current cash to close is $173,678 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$
0%20%50%

You cover the entire equity of $173,678!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$276,322
Your Cash$173,678
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,271/mo
Traditional @ 7.15%
$2,107/mo
You save $836/month ($10,031/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1596755

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

3.02%
7.15%

Principal & Interest

$1,271 /mo
$2,032 /mo
$40,306 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 $173,678 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$
0%20%50%

You cover the entire equity of $173,678!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$276,322
Your Cash$173,678
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,271/mo
Traditional @ 7.15%
$2,107/mo
You save $836/month ($10,031/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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