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$460,000

($91,244 down)
VA

6970 Mandan Drive, Colorado Springs, CO 80925

3
3
2,380 sqft
PITI Monthly
$2,353.49 /mo

Listing courtesy of: Chris Watson, RE/MAX Real Estate Group LLC

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,764 /mo
$2,769 /mo
$58,520 in interest paid off

What's Special

DINING
VAULTED CEILINGS
WALK-IN CLOSET
FINISHED BASEMENT
DECK
Beautiful three bed, three bath, FOUR car garage with an unfinished basement for future expansion! The back of the house is west facing, views of
Pikes Peak and the Front Range, backs to Marksheffel. Covered front porch! 4 Car tandem garage! Huge kitchen, stainless appliances, tons of cabinet
space, granite counters, center island and a walk-in pantry, refrigerator is included. Shared space dining area that walk-out to the rear deck. Upper
level primary suite with vaulted ceilings, dual walk-in closets and attached five piece bath. Upper level laundry room, accessed from the h... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 3 months
Monthly PITI
$2,353.49/mo
Estimated Loan Balance
$419,547
Cash to close
$91,244
Interest Paid
$58,520

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Frame
  • Roof: Shingle
Condition
  • Year Built: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Carriage Meadows south at Lorson Ranch
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $193.28
  • Tax Annual Amount: $5072.9
  • On Market Date: Apr 02, 2025
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Savings Calculator

Current cash to close is $91,244 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
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0%20%50%

You cover the entire equity of $91,244!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$368,756
Your Cash$91,244
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,764/mo
Traditional @ 7.15%
$2,872/mo
You save $1,108/month ($13,299/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4152544

Listing From:

Last updated: May 09, 2025 11:40pm

© 2025, PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,764 /mo
$2,769 /mo
$58,520 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 $91,244 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$
0%20%50%

You cover the entire equity of $91,244!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$368,756
Your Cash$91,244
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,764/mo
Traditional @ 7.15%
$2,872/mo
You save $1,108/month ($13,299/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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