Cheryl Riley

Cheryl Riley

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Closed

$495,000

($122,317 down)
VA

11238 Halifax Drive, Colorado Springs, CO 80925

4
3
2,571 sqft
PITI Monthly
$2,237.69 /mo

Listing courtesy of: Karen Darilek ABR MRP , Redfin Corporation

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,678 /mo
$2,734 /mo

What's Special

SPACIOUS
MODERN
LUXURY
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
HOME OFFICE
PATIO
MOUNTAIN VIEWS
CHARMING
EFFICIENT
SOLAR PANELS

Welcome to this beautifully maintained home on a quiet street in Lorson Ranch, offering comfort, functionality, and long-term energy savings. Recently installed solar panels help reduce utility costs and pair with energy-efficient appliances, a smart thermostat, updated HVAC system, and eco-friendly lighting throughout the home. Step inside to a versatile front room that works well as a home office, playroom, or second living space. The main level features a bright, open-concept layout with durable luxury vinyl plank flooring. The spacious kitchen is designed for everyday ease and entertaining alike, showcasing quartz countertops, stainless steel appliances, a gas range, large pantry, and an eat-in center island. A sliding glass door opens to the backyard, where you’ll find a covered patio, fresh landscaping, new fencing, and partial mountain views—plus open space behind the home that’s expected to remain undeveloped for several years, per the builder. The charming front porch and fully irrigated yard (2021) complete the inviting outdoor living experience. Upstairs, a flexible loft offers additional living space, along with four well-sized bedrooms. The primary suite features a walk-in closet and an en-suite bath with dual sinks and beautiful quartz counters. All bathrooms throughout the home have been upgraded with quartz countertops for a cohesive and elevated look. Additional upgrades include a whole-home water filtration system (2024), security system (2022), and a 220V outlet for electric vehicle charging (2021). This home truly blends thoughtful design with modern efficiency in a growing and highly desirable neighborhood.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,237.69/mo
Estimated Loan Balance
$373,468
Cash to close
$122,317
Interest Paid
$40,046

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Luxury Vinyl

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Rolled/Hot Mop
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: Rolled/Hot Mop
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $192.53
  • Tax Annual Amount: $4711.91
  • On Market Date: 2025-04-02T22:14:23.000Z
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 $122,317 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $122,317!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$372,683
Your Cash$122,317
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,678/mo
Traditional @ 7.15%
$2,836/mo
You save $1,158/month ($13,891/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 9806769

Listing From:

Last updated: 2025-04-10T15:57:12.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,678 /mo
$2,734 /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 $122,317 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $122,317!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$372,683
Your Cash$122,317
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,678/mo
Traditional @ 7.15%
$2,836/mo
You save $1,158/month ($13,891/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar Realty 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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