Gino Zabala

Gino Zabala

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$495,000

($247,389 down)
VA

8181 Horizon Drive, Colorado Springs, CO 80920

4
2
1,847 sqft
PITI Monthly
$1,750.96 /mo

Listing courtesy of: Devin Schlaufman, Exp Realty LLC

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,435 /mo
$1,988 /mo

What's Special

LOCATION
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
FENCED YARD
LANDSCAPED
CHARMING
COZY
EFFICIENT
SOLAR PANELS

Welcome to your dream home in the heart of District 20! This move-in-ready, beautifully maintained 4-bedroom, 2-bath split-level is perfectly situated in one of the area's most desirable school districts, celebrated for its top-rated schools and community feel. From the moment you arrive, you’ll be impressed by the home’s curb appeal. A charming mix of stucco and brick creates a timeless exterior, complemented by a fully landscaped, spacious front yard that sets the tone for the warmth and comfort inside. Step through the front door into a bright foyer with a coat closet and sliding glass door leading directly to the backyard. The expansive, fully fenced yard offers privacy and endless potential—perfect for entertaining, gardening, or relaxing outdoors. Upstairs, the open-concept living area flows into the gourmet kitchen—ideal for everyday living and hosting. The kitchen shines with custom cabinetry to the ceiling, stainless steel appliances, industrial-style vent hood, and a large island with waterfall countertop. This level also features the peaceful primary bedroom, a second bedroom, and a stylish full bath. Downstairs, enjoy a cozy family room with a brick, wood-burning fireplace with blower—perfect for those chilly Colorado days. You’ll also find two more generously sized bedrooms, a ¾ bath, and a convenient laundry room. Notable features include: Paid-off solar panels for energy savings Modern heat pump system for efficient heating & cooling New black Andersen windows for style and improved insulation Oversized 2-car garage with room for storage or a workshop With thoughtful updates, modern features, and a prime location—all priced under $500K—this home offers exceptional value. Don’t miss your opportunity! Schedule your private showing today—this one won’t last!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.17
Remaining Loan Term
22 years, 1 months
Monthly PITI
$1,750.96/mo
Estimated Loan Balance
$248,753
Cash to close
$247,389
Interest Paid
$90,060

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: See Remarks
  • Heating: Forced Air, Heat Pump
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Lower Level, Wood Burning
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
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: 1981
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $268
  • Tax Annual Amount: $1797.26
  • On Market Date: 2025-04-04T22:10:02.000Z
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.

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Savings Calculator

Current cash to close is $247,389 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $247,389!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$247,611
Your Cash$247,389
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,435/mo
Traditional @ 7.5%
$2,063/mo
You save $628/month ($7,536/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4895095

Listing From:

Last updated: 2025-04-05T17:59:54.000Z

© , 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

4.17%
7.15%

Principal & Interest

$1,435 /mo
$1,988 /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 $247,389 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $247,389!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$247,611
Your Cash$247,389
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,435/mo
Traditional @ 7.5%
$2,063/mo
You save $628/month ($7,536/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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