Heather Lewis

Heather Lewis

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$349,999

($147,212 down)
VA

530 Cypress Drive, Colorado Springs, CO 80911

3
2
1,330 sqft
PITI Monthly
$1,184.05 /mo

Listing courtesy of: Erin Eckert, Premier Real Estate Colorado LLC

Assumed Rate

2.68%
7.15%

Principal & Interest

$907 /mo
$1,515 /mo

What's Special

REMODELED
SPACIOUS
MODERN
PATIO
CHARMING
NO HOA

**Freshly Updated Home with No HOA** Welcome to this delightful 3 bedroom, 2 bathroom, 1 car garage ranch-style home nestled on over a quarter acre lot in the heart of Colorado Springs. This charming residence offers the perfect blend of comfort, style, and freedom—without the constraints of an HOA. Key Features: - *Spacious Lot:* Enjoy over a quarter-acre of land, providing ample space for outdoor activities and gardening. -*Fresh Interior:* Step inside to discover newly applied interior paint that brightens every room, creating a welcoming atmosphere throughout the home. The wood beams and real wood flooring add a custom feel to the living area. - *Updated Kitchen & Baths:* The kitchen and bathrooms have been thoughtfully remodeled, featuring modern finishes and fixtures that enhance both functionality and style. A new furnace was installed 2 years ago. - *Convenient Layout:* With 3 bedrooms and 2 bathrooms, this home offers a comfortable living space suitable for various lifestyles. - *Outdoor Potential:* The expansive backyard provides endless possibilities—whether you envision a tranquil garden retreat or a space for entertaining guests. There is a covered, screened in patio, perfect for gatherings. Located in a peaceful neighborhood with easy access to local amenities, parks, and schools.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,184.05/mo
Estimated Loan Balance
$203,241
Cash to close
$147,212
Interest Paid
$23,890

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Rear
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: 1955
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $263.16
  • Tax Annual Amount: $1522.29
  • On Market Date: 2025-04-30T12:40:06.000Z
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 $147,212 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $147,212!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$202,787
Your Cash$147,212
Total Purchase Price:$349,999

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$907/mo
Traditional @ 7.15%
$1,571/mo
You save $664/month ($7,967/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 9158747

Listing From:

Last updated: 2025-04-30T12:40:00.000Z

© , 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

2.68%
7.15%

Principal & Interest

$907 /mo
$1,515 /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 $147,212 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $147,212!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$202,787
Your Cash$147,212
Total Purchase Price:$349,999

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$907/mo
Traditional @ 7.15%
$1,571/mo
You save $664/month ($7,967/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Realty ONE Group
Agent/Broker
Heather LewisRealty ONE Group(602) 692-2375Heather@TheLewisGroup.RealEstateMLS SA661058000

© 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 Realty ONE Group 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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