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Closed
Closed

$510,000

($212,982 down)
VA

7945 Buckeye Tree Lane, Colorado Springs, CO 80927

4
3
2,343 sqft
PITI Monthly
$2,208.12 /mo

Listing courtesy of: Colin Smith, Solid Rock Realty

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,695 /mo
$2,341 /mo
$106,818 in interest paid off

What's Special

SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
CLUBHOUSE
This luxurious, beautiful 2-story, 2-car garage home is a true Banning Lewis Ranch Neighborhood gem! The lot is over 7,000 sq ft making it one of the
larger lots in the neighborhood and has beautiful views of the mountains in the back. Upon entering through the front door of this home, you are met
by natural lighting that flows throughout with its large windows and gorgeous real hardwood flooring. The entry room features built-in shelving which
makes this room very versatile. The kitchen is complete with a natural backsplash, granite countertops, ample cupboards for storage, and... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.2
Remaining Loan Term
22 years, 1 months
Monthly PITI
$2,208.12/mo
Estimated Loan Balance
$298,322
Cash to close
$212,982
Interest Paid
$106,818

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame, Other
  • Roof: Composition
Condition
  • Year Built: 2012
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Banning Lewis Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $87
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $217.67
  • Tax Annual Amount: $4160
  • On Market Date: Sep 06, 2024
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Savings Calculator

Current cash to close is $212,982 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$
0%20%50%

You cover the entire equity of $212,982!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$297,018
Your Cash$212,982
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,695/mo
Traditional @ 7.15%
$2,428/mo
You save $733/month ($8,799/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6585200

Listing From: recolorado

Last updated: Jan 30, 2025 03:30pm

© 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

4.2%
7.15%

Principal & Interest

$1,695 /mo
$2,341 /mo
$106,818 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 $212,982 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$
0%20%50%

You cover the entire equity of $212,982!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$297,018
Your Cash$212,982
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,695/mo
Traditional @ 7.15%
$2,428/mo
You save $733/month ($8,799/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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