Dan Kaercher

Dan Kaercher

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Closed

$520,000

($265,767 down)
VA

8420 Cypress Wood Drive, Colorado Springs, CO 80927

5
4
2,972 sqft
PITI Monthly
$1,696.66 /mo

Listing courtesy of: Team Front Range, Keller Williams Trilogy

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,256 /mo
$2,038 /mo

What's Special

LOCATION
SERENE
SHOPPING
DINING
SPACIOUS
HARDWOOD FLOORS
FIREPLACE
FINISHED BASEMENT
COZY

Welcome to this unique 5-bedroom, 3.5-bathroom home with a bonus room, perfectly situated in the sought-after Banning Lewis Ranch community. Just steps away from Climber's Park and close to top-rated schools, shopping, dining, and other amenities, enjoy the community's numerous parks, trails, and recreational facilities. Featuring breathtaking views of Pike's Peak, this home offers an exceptional blend of comfort, style, and convenience. Abundant natural light flows through the well maintained, one owner home, enhancing its warm and inviting atmosphere. The main level features real hardwood floors, a convenient main floor bedroom, and a half bath with an extra storage closet. The dining room, complete with a cozy gas fireplace, seamlessly connects to the kitchen creating a wonderful mealtime experience. The well appointed kitchen includes a breakfast bar, an upgraded single basin undermounted sink, corner pantry, and a gas range/oven. Walk out to the Xeriscaped backyard through the kitchen for easy grilling and outdoor living. The upper level primary suite offers magnificent Pike's Peak views, dual closets, spa-like walk in shower, linen storage, and dual vanities creating a serene and relaxing sanctuary. The top floor is rounded out with two additional bedrooms, a versatile bonus room that can be used as an office, playroom, exercise room, crafting area or whatever your heart desires. Another bathroom, laundry room, and a generous landing at the top of the stairs adds to the spacious feel of this level. The finished basement provides a retreat with a spacious bedroom, a full bathroom, a family room, and an under-the-stairs storage area currently used as a children's reading nook. This home is a true gem, offering a blend of elegance and practicality in a prime location. Don’t miss the chance to make it yours and discover the lifestyle that awaits you in Banning Lewis Ranch. (Home has been pre-inspected.)

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,696.66/mo
Estimated Loan Balance
$285,367
Cash to close
$265,767
Interest Paid
$28,144

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Stone, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Dining Room, Gas
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Full
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, Stone, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $174.97
  • Tax Annual Amount: $3289
  • On Market Date: 2024-07-20T00:00:00.000Z
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 $265,767 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $265,767!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$254,233
Your Cash:$265,767
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,256/mo
Traditional @ 7.5%
$2,114/mo
You save $858/month ($10,296/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2199904

Listing From: recolorado

Last updated: 2024-10-01T18:11:49.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,256 /mo
$2,038 /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 $265,767 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $265,767!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$254,233
Your Cash:$265,767
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,256/mo
Traditional @ 7.5%
$2,114/mo
You save $858/month ($10,296/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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