$290,000
($0 down)*Potential short sale please verify with your agent.
1214 Burnham Street, Colorado Springs, CO 80906
PITI Monthly
Listing courtesy of: Angel Rivas, Brokers Guild Real Estate
Assumed Rate
5.41%
7.15%Principal & Interest
$1,794 /mo
$2,155 /moWhat's Special
Charming and well-maintained 3-bedroom ranch-style home featuring fully paid-off solar panels for energy efficiency. The roof was replaced in 2018, and while the home could benefit from some minor touch-ups in paint and carpet, it remains in great condition overall. Conveniently located with easy access to I-25 on the south side, and just minutes away from shopping and dining options. Please note, this property is a short sale and is subject to final bank approval. Patience will be essential throughout the process.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,243.95/mo
Estimated Loan Balance
$402,094
Cash to close
$0
Interest Paid
$43,820
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
Cooling & Heating
- Cooling: None
- Heating: Forced Air, Natural Gas, Solar
Features
- Materials: Brick, Frame, Wood Siding
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Carpet, Laminate
Exterior
Fencing
- Fencing: Full
Roof
- Roof: Composition
Parking
- Garage: Yes
- Garage Spaces: 1
- 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: A-Frame, Traditional
Materials
- Brick, Frame, Wood Siding
- Roof: Composition
Condition
- Year Built: 1963
Details
- Builder:
Community & HOA
Community
- Subdivision: Stratmoor Valley
- Features: Unknown
HOA
- Has HOA: No
Location
- Region: Colorado Springs
Financial Details
- Price per Sqft: $307.2
- Tax Annual Amount: $888
- On Market Date: 2025-04-11T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: REC4567109
Listing From: recolorado
Last updated: 2025-04-11T22:40:24.000Z
© , 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
5.41%
7.15%Principal & Interest
$1,794 /mo
$2,155 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $0!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000Resources
Apply to Assume© 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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