Scott Nordby

Scott Nordby

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$399,000

($59,432 down)
FHA

1422 N Chelton Road, Colorado Springs, CO 80909

3
3
1,927 sqft
PITI Monthly
$2,038.76 /mo

Listing courtesy of: Angie Sudberry, Invalesco Real Estate

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,521 /mo
$2,487 /mo

What's Special

SHOPPING
DINING
SPACIOUS
BREAKFAST NOOK
FIREPLACE
COZY

Welcome to this beautiful home located in the heart of the city near Palmer Park, scenic trails, schools, shopping, and dining. This light-filled home features an open floor plan with updated windows and natural oak wood floors throughout. Enjoy three expansive bedrooms, three bathrooms, a bright kitchen with a breakfast nook, and a dining area—perfect for entertaining. The spacious lower level includes a large media or recreation room with a cozy wood-burning fireplace, ideal for movie nights or indoor fun. Sitting on a large lot with a two-car attached garage, this home offers space, comfort, and convenience. With a little TLC, you can truly make it your own. Priced to sell—don’t miss this opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,038.76/mo
Estimated Loan Balance
$340,283
Cash to close
$59,432
Interest Paid
$34,429

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Tile, 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: Traditional
Materials
  • Brick, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $207.06
  • Tax Annual Amount: $1286
  • On Market Date: 2025-04-28T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $59,432 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $59,432!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$339,568
Your Cash$59,432
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,521/mo
Traditional @ 7.15%
$2,580/mo
You save $1,059/month ($12,706/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5095257

Listing From: recolorado

Last updated: 2025-04-29T20:47:19.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,521 /mo
$2,487 /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 $59,432 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $59,432!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$339,568
Your Cash$59,432
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,521/mo
Traditional @ 7.15%
$2,580/mo
You save $1,059/month ($12,706/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Berkshire Hathaway HomeServices Colorado Real Estate
Agent/Broker
Scott NordbyBerkshire Hathaway HomeServices Colorado Real Estate(303) 905-8850scott@BHHScore.comMLS ER 400 013569

© 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 Berkshire Hathaway HomeServices Colorado Real Estate 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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