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Closed
Closed

$457,000

($11,347 down)
VA

6238 Elk Bench Trail, Colorado Springs, CO 80925

4
3
2,074 sqft
PITI Monthly
$3,120.7 /mo

Listing courtesy of: Katerina Cannon, Ascent Property Brokers, Inc.

Assumed Rate

5.52%
7.15%

Principal & Interest

$2,608 /mo
$3,095 /mo
$68,297 in interest paid off

What's Special

DINING
LUXURY
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
SOLAR PANELS
Welcome home to this two-story beauty in Ponderosa at Larson Ranch! Greeted by Luxury Vinyl floors, the home boats a large office upon entry with a
unique built-in wood barn door adding richness to the space. With a blend of updates and charm, the main level features a half bathroom and garage
entry, kitchen with a walk in pantry, stainless steel appliances including a Electric Range, Newer microwave, Newer dishwasher and bar top. The formal
dining space walks out to the backyard with garden planters, and seamlessly flows into the living room. Adjacent to the kitchen, make you... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 3 months
Monthly PITI
$3,120.7/mo
Estimated Loan Balance
$446,209
Cash to close
$11,347
Interest Paid
$68,297

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Active Solar, Forced Air
Features
  • Materials: Frame, Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community 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, Stone, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2009
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ponderosa at Lorson Ranch
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $220.35
  • Tax Annual Amount: $4153
  • On Market Date: Aug 02, 2024
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Savings Calculator

Current cash to close is $11,347 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$
0%20%50%

You cover the entire equity of $11,347!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$445,653
Your Cash$11,347
Total Purchase Price:$457,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,608/mo
Traditional @ 7.15%
$3,211/mo
You save $603/month ($7,234/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2198899

Listing From: recolorado

Last updated: Apr 24, 2025 09:46pm

© 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

5.52%
7.15%

Principal & Interest

$2,608 /mo
$3,095 /mo
$68,297 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 $11,347 (2%)
You can enter any amount below - secondary financing will cover the difference if needed.
2%
$
0%20%50%

You cover the entire equity of $11,347!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$445,653
Your Cash$11,347
Total Purchase Price:$457,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,608/mo
Traditional @ 7.15%
$3,211/mo
You save $603/month ($7,234/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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