Gino Zabala

Gino Zabala

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$459,000

($56,335 down)
FHA

6920 Blue River Way, Colorado Springs, CO 80911

3
2
1,732 sqft
PITI Monthly
$3,103.13 /mo

Listing courtesy of: Susan Koutantos, 6035 Real Estate Group

Assumed Rate

6.64%
7.15%

Principal & Interest

$2,613 /mo
$2,752 /mo

What's Special

REMODELED
LOCATION
DINING
WALK-IN CLOSET
GAME ROOM
PATIO
SOLAR PANELS

Welcome to this truly unique home! The upper level has 2 bedrooms, full bath, kitchen/dining with a bay window and living room. The lower level boasts the Main Bedroom with a remodeled en-suite bath including fully tiled floor, walls and ceiling around the cast iron tub/shower combination, Walk-in closet, and a Bonus Room that includes an early 1900 Monarch Antique wood burning stove! The lower level also features the family room and Laundry Room! Enjoy family gatherings in the back yard that includes an enclosed patio, 4 terraced garden beds and a wood burning fire pit. A short walk up the stairs is a self-sustaining aluminum frame greenhouse that was set up for an Aquaponics growing system. To the right, is a 2 story outbuilding currently set up as a gym, the opportunities are endless (such as game room, office, work out space, studio etc.) with this building that includes a basement for cold storage and an earth floored root cellar. The main and upper levels have pre-wired in wall boxes at the base board for 220v service for electric heat, and active solar panels boost this home's energy efficiency in the cold winter months. There is a 23 panel solar system that supplements power. From the backyard, there is a mud room into the house to drop your dirty shoes. Don’t miss out on the fantastic home in a great location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.64
Remaining Loan Term
28 years, 11 months
Monthly PITI
$3,103.13/mo
Estimated Loan Balance
$403,048
Cash to close
$56,335
Interest Paid
$29,154

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Active Solar, Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Lower Level, One, Wood Burning Stove
  • Flooring: Carpet, Luxury Vinyl

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $265.01
  • Tax Annual Amount: $1638
  • On Market Date: 2025-04-05T13:20:03.000Z
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 $56,335 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $56,335!

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

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$402,665
Your Cash$56,335
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$2,613/mo
Traditional @ 7.5%
$2,855/mo
You save $242/month ($2,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4690377

Listing From:

Last updated: 2025-04-05T13:32:44.000Z

© , 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

6.64%
7.15%

Principal & Interest

$2,613 /mo
$2,752 /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 $56,335 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $56,335!

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

Loan Breakdown

Assumed Mortgage6.64% Sellers Rate
$402,665
Your Cash$56,335
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 6.64%
$2,613/mo
Traditional @ 7.5%
$2,855/mo
You save $242/month ($2,899/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

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