Scott Nordby

Scott Nordby

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$415,000

($164,010 down)
FHA

1617 W Boulder Street, Colorado Springs, CO 80904

2
2
1,532 sqft
PITI Monthly
$1,855.24 /mo

Listing courtesy of: Jake Wade, RE/MAX Real Estate Group Inc

Assumed Rate

4.27%
7.15%

Principal & Interest

$1,394 /mo
$1,910 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
DECK
BALCONY
MATURE TREES
HISTORIC
COZY
NO HOA

2BR, 2BA, tri-level home in the heart of West Colorado Springs, just minutes from historic Old Colorado City. 1,532 sf of thoughtfully designed living space with potential for 3rd bedroom. Step inside to discover beautiful wood laminate floors through the main & lower levels, main level features a spacious family room that leads you to the upper and lower levels. The primary bedroom is a true retreat, boasting a private balcony that overlooks the serene backyard. The lower level offers a generous living room centered around a cozy wood-burning stove and flows seamlessly into a separate dining area. Kitchen offers ample cabinets and counter space, along with all appliances included. Backyard features a covered deck, 2 storage sheds, a greenhouse and natural landscaping with mature trees & shrubs. Nestled on a fully fenced 0.17-acre lot with a covered carport for two vehicles and plenty of room for small boat or RV parking, this property is located within walking distance to shopping, schools, restaurants, & parks and no HOA!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.27
Remaining Loan Term
24 years, 1 months
Monthly PITI
$1,855.24/mo
Estimated Loan Balance
$251,489
Cash to close
$164,010
Interest Paid
$67,711

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Electric
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Free Standing, Wood Burning Stove
  • Flooring:

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • 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
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $270.89
  • Tax Annual Amount: $1326
  • 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 $164,010 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $164,010!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$250,990
Your Cash$164,010
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$1,394/mo
Traditional @ 7.15%
$1,981/mo
You save $587/month ($7,040/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4117299

Listing From: recolorado

Last updated: 2025-04-28T19:40:24.000Z

© , 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

4.27%
7.15%

Principal & Interest

$1,394 /mo
$1,910 /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 $164,010 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $164,010!

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

Loan Breakdown

Assumed Mortgage4.27% Sellers Rate
$250,990
Your Cash$164,010
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 4.27%
$1,394/mo
Traditional @ 7.15%
$1,981/mo
You save $587/month ($7,040/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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