Sarah Brewer

Sarah Brewer

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$543,900

($416,886 down)
FHA

1907 Independence Drive, Colorado Springs, CO 80920

3
3
3,021 sqft
PITI Monthly
$1,072.81 /mo

Listing courtesy of: LeAnn Charles MRP , Excellence2

Assumed Rate

3.72%
7.15%

Principal & Interest

$655 /mo
$959 /mo

What's Special

LOCATION
FRESH PAINT
SHOPPING
DINING
SPACIOUS
MODERN
CHARMING
COZY

Charming 3-Bedroom Home in a Mature Colorado Springs Neighborhood – District 20! Welcome home to this beautifully updated 3-bedroom, 3-bathroom home in one of Colorado Springs’ most desirable neighborhoods, located in highly sought-after School District 20! This move-in-ready gem features brand-new flooring throughout, all-new appliances, fresh paint, and updated light fixtures, offering a perfect blend of modern upgrades and timeless charm. Enjoy a spacious and inviting layout with plenty of natural light, a cozy living area, and a kitchen that shines with sleek new appliances. The bedrooms provide comfort and style, while the updated bathrooms offer a fresh, modern touch. Nestled on a peaceful, tree-lined street, this home offers easy access to top-rated schools, parks, shopping, dining, and major conveniences. Don’t miss out on this rare find in a fantastic location—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,072.81/mo
Estimated Loan Balance
$127,534
Cash to close
$416,886
Interest Paid
$25,939

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: One
  • Flooring: Carpet, Luxury Vinyl

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: 1980
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $180.04
  • Tax Annual Amount: $1808.58
  • On Market Date: 2025-04-28T02:30:56.000Z
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 $416,886 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $416,886!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$127,014
Your Cash:$416,886
Total Purchase Price:$543,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$655/mo
Traditional @ 7.15%
$994/mo
You save $339/month ($4,074/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 1036796

Listing From:

Last updated: 2025-04-28T04:10:00.000Z

© , 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

3.72%
7.15%

Principal & Interest

$655 /mo
$959 /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 $416,886 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$

You cover the entire equity of $416,886!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$127,014
Your Cash:$416,886
Total Purchase Price:$543,900

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$655/mo
Traditional @ 7.15%
$994/mo
You save $339/month ($4,074/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Sarah BrewerHomeSmart(719) 257-3753cosoldbysarah@gmail.comMLS 100088237

© 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 HomeSmart 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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