Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Active

$365,000

($72,130 down)
VA

3320 Simmelink Loop, Colorado Springs, CO 80916

3
3
1,316 sqft
PITI Monthly
$1,557.31 /mo

Listing courtesy of: Scott Goodnight, Keller Williams Preferred Realty

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,312 /mo
$2,145 /mo

What's Special

LOCATION
SPACIOUS
MOVE-IN READY
STAINLESS STEEL APPLIANCES
SEPARATE SHOWER
DECK
NO HOA

Welcome to this beautifully updated single-family home offering comfort, style, and convenience in Colorado Springs. With 3 spacious bedrooms, 2.5 bathrooms, and 1,316 square feet of living space, this home is move-in ready and full of thoughtful upgrades. Step into the bright and inviting living area featuring updated flooring throughout and an easy flow into the stunning, updated kitchen. Enjoy cooking with sleek stainless steel appliances, ample counter space, and cabinetry that combines functionality with contemporary flair. The main bedroom is your private retreat, complete with an ensuite bathroom featuring a jetted tub and a separate shower. The updated secondary bathroom adds a stylish touch for guests or everyday use. Entertain or unwind on the large deck overlooking the fully fenced backyard—ideal for pets, play, or relaxing evenings. Additional features include a 1-car attached garage, no HOA restrictions, and a location that makes commuting a breeze. Don’t miss the chance to own this updated gem in a desirable neighborhood—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,557.31/mo
Estimated Loan Balance
$293,487
Cash to close
$72,130
Interest Paid
$30,388

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Vinyl

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: Traditional
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $277.36
  • Tax Annual Amount: $1148
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $72,130 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $72,130!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$292,870
Your Cash$72,130
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,312/mo
Traditional @ 7.15%
$2,225/mo
You save $913/month ($10,959/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3146797

Listing From: recolorado

Last updated: 2025-04-10T17:40:25.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,312 /mo
$2,145 /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 $72,130 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $72,130!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$292,870
Your Cash$72,130
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,312/mo
Traditional @ 7.15%
$2,225/mo
You save $913/month ($10,959/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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.