Cheryl Riley

Cheryl Riley

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$383,500

($130,930 down)
FHA

2661 Lynbarton Point, Colorado Springs, CO 80918

3
3
1,992 sqft
PITI Monthly
$1,648.06 /mo

Listing courtesy of: Karen Darilek ABR MRP , Redfin Corporation

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,208 /mo
$1,897 /mo

What's Special

SHOPPING
DINING
SPACIOUS
WALK-IN CLOSET
FINISHED BASEMENT
HOME OFFICE
FLEX SPACE
PATIO
COZY

Well-maintained end unit townhome tucked in a quiet, established community in central/northeast Colorado Springs! This 3-bedroom, 3-bathroom home offers a functional and comfortable layout with all bedrooms located on the upper level, including a spacious primary suite with French doors, a walk-in closet, and a private en-suite bath with dual vanities. The two additional upstairs bedrooms share a full bathroom just down the hall. Laundry is conveniently located on the same level as all three bedrooms. No more hauling loads up and down the stairs. On the main level, you’ll find a light-filled living space that flows into the dining area and kitchen. There’s also a convenient powder room on the main floor, along with access to the attached 1-car garage. The back patio offers a place to enjoy fresh air with no immediate rear neighbors, and there’s green space nearby to enjoy. Additional highlights include a finished basement with a second living area or flex space, ideal for a home office, workout area, or cozy movie nights. This home is located with easy access to Academy Blvd, parks, and local shopping, while still nestled away from the hustle and bustle. Low-maintenance living in a well-kept community. Come see if this one feels like home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,648.06/mo
Estimated Loan Balance
$263,236
Cash to close
$130,930
Interest Paid
$39,417

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Community
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: Townhouse
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 2011
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $192.52
  • Tax Annual Amount: $1090.71
  • On Market Date: 2025-04-10T14:20:03.000Z
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 $130,930 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $130,930!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$252,570
Your Cash$130,930
Total Purchase Price:$383,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,208/mo
Traditional @ 7.15%
$1,967/mo
You save $759/month ($9,109/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 8468530

Listing From:

Last updated: 2025-04-15T19:10:57.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,208 /mo
$1,897 /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 $130,930 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $130,930!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$252,570
Your Cash$130,930
Total Purchase Price:$383,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,208/mo
Traditional @ 7.15%
$1,967/mo
You save $759/month ($9,109/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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