Michael Graham

Michael Graham

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$435,000

($35,270 down)
VA

270 Wallace Street, Colorado Springs, CO 80911

4
3
1,955 sqft
PITI Monthly
$2,799.19 /mo

Listing courtesy of: Colin Sparks, Venterra Real Estate LLC

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,525 /mo
$2,767 /mo

What's Special

DINING
HARDWOOD FLOORS
DECK

Step into this beautifully updated home located just 10 minutes from Fort Carson on a corner lot. This home has ample amounts of space with a massive backyard and a deck to enjoy with your family. Step into the home on the main floor which has hardwood floors throughout your living room, dining room and kitchen with access to the deck. Walk upstairs and find your Master bedroom, two additional rooms with two bathrooms to match. The lower level has a beautiful family room with easy access to your garage. A few short steps down to the basement and you will find your laundry area along with another bathroom and another large room that could be used for an office. There is also another bedroom in the basement that is just as big as the Master bedroom so the basement could serve as a en suite.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.26
Remaining Loan Term
27 years, 11 months
Monthly PITI
$2,799.19/mo
Estimated Loan Balance
$400,953
Cash to close
$35,270
Interest Paid
$52,789

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Shingle
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: Shingle
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fountain Valley Ranch
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $222.51
  • Tax Annual Amount: $1493.1
  • On Market Date: 2025-04-19T00:30:07.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $35,270 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $35,270!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$399,731
Your Cash$35,270
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,525/mo
Traditional @ 7.15%
$2,870/mo
You save $345/month ($4,140/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4696048

Listing From:

Last updated: 2025-04-19T00:23:07.000Z

© , 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

6.26%
7.15%

Principal & Interest

$2,525 /mo
$2,767 /mo
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 $35,270 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $35,270!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$399,731
Your Cash$35,270
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,525/mo
Traditional @ 7.15%
$2,870/mo
You save $345/month ($4,140/year)

*Secondary financing rates are an estimated value based on input

Follow Us
exp realty
Agent/Broker
Michael Grahamexp realty(480) 628-9392michael@grahamgroupaz.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than exp realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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