Laura Jewett

Laura Jewett

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$300,000

($149,025 down)
VA

5354 Palomino Ranch Point UNIT 204, Colorado Springs, CO 80922

3
2
1,498 sqft
PITI Monthly
$1,072.95 /mo

Listing courtesy of: Darrell Wass, RE/MAX Advantage Realty Inc.

Assumed Rate

3.88%
7.15%

Principal & Interest

$841 /mo
$1,207 /mo

What's Special

DINING
SPACIOUS
MODERN
CUSTOM BUILT
FIREPLACE
VAULTED CEILINGS
HOME OFFICE
BALCONY
COZY
TURNKEY

Immaculate 3-Bed, 2-Bath Condo with Modern Upgrades & Garage Step into this beautifully updated 3-bedroom, 2-bathroom condominium offering a perfect blend of comfort, style, and convenience. With a one-car garage—a rare find in this community—this move-in-ready home boasts a livable, open floor plan filled with natural light and thoughtful design. Enjoy the inviting living room with vaulted ceilings, a cozy gas fireplace with custom built-ins , brand-new ceiling fans, and expansive windows that lead to a large, covered composite balcony, ideal for relaxing or entertaining. The adjacent kitchen and dining area feature an open-concept layout, a floor-to-ceiling mirror in the dining room that enhances the sense of space, and a kitchen pantry for added storage. The main level also includes a spacious bedroom and a full bath, perfect for guests or a home office setup. Upstairs, you'll find a generously sized family room, perfect for movie nights, a playroom, or a home gym—plus two additional bedrooms and another full bathroom, offering plenty of space for everyone to enjoy and room to grow. No detail was overlooked in the recent remodel—ALL NEW: stainless steel kitchen appliances, kitchen sink/faucet, garbage disposal, plush carpet with extra padding, interior paint, light fixtures, bathroom sinks and toilets, receptacles/light switches, vent covers, and smoke/CO2 detectors. The unit also includes a permitted furnace (April 2025) and a permitted hot water heater (August 2018). The entire home has been professionally cleaned, ensuring a fresh start for its new owners. Conveniently located near stores, restaurants, and military bases, this condo combines modern comfort with everyday practicality. Don’t miss your chance to own one of the few units with a private garage, central AC, and a thoughtfully designed space that’s truly turnkey.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.88
Remaining Loan Term
22 years, 5 months
Monthly PITI
$1,072.95/mo
Estimated Loan Balance
$167,467
Cash to close
$149,025
Interest Paid
$48,755

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Stone, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Frame, Stone, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Palomino Ranch at Stetson Hills
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Warren Management
  • HOA Amenities: Unknown
  • HOA Fee: $428
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $200.27
  • Tax Annual Amount: $982
  • On Market Date: 2025-05-01T00:00:00.000Z
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 $149,025 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $149,025!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$150,975
Your Cash$149,025
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$841/mo
Traditional @ 7.15%
$1,252/mo
You save $411/month ($4,935/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5143563

Listing From: recolorado

Last updated: 2025-05-01T17:40:22.000Z

© , 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

3.88%
7.15%

Principal & Interest

$841 /mo
$1,207 /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 $149,025 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $149,025!

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

Loan Breakdown

Assumed Mortgage3.88% Sellers Rate
$150,975
Your Cash$149,025
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.88%
$841/mo
Traditional @ 7.15%
$1,252/mo
You save $411/month ($4,935/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

© 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 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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