Cheryl Riley

Cheryl Riley

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$600,000

($153,135 down)
VA

522 Silver Spring Circle, Colorado Springs, CO 80919

5
3
2,775 sqft
PITI Monthly
$2,351.13 /mo

Listing courtesy of: Josh Kimmel, Kimmel Realty

Assumed Rate

2.81%
7.15%

Principal & Interest

$2,025 /mo
$3,324 /mo

What's Special

REMODELED
SERENE
SHOPPING
SPACIOUS
MODERN
LUXURY
PATIO
FENCED YARD
MATURE TREES

Welcome to your dream home nestled on a serene 0.31-acre lot in a sought-after neighborhood! This beautifully updated 5-bedroom, 3-bathroom residence effortlessly blends modern comforts with natural charm. Step inside to discover brand-new luxury vinyl plank flooring throughout, offering a fresh, clean look with durable style. At the heart of the home lies a stunning, fully remodeled kitchen designed for both everyday living and entertaining. Featuring brand-new cabinetry, sleek appliances, and striking custom concrete countertops with a matching backsplash, the space is centered around a spacious island perfect for gathering. The home’s thoughtful layout offers ample room for everyone, while the expansive backyard invites you to relax and unwind. Enjoy the shade of mature trees, cultivate your green thumb with terraced and raised garden beds, or entertain guests on the concrete and pavestone patio—all within the privacy of a fully fenced yard. Additional highlights include a two-car attached garage, RV parking, and convenient access to top-rated schools, shopping, parks, and hiking trails. Whether you’re hosting friends or simply enjoying a peaceful evening outdoors, this home has it all.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,351.13/mo
Estimated Loan Balance
$448,814
Cash to close
$153,135
Interest Paid
$52,923

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Wood
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Lower Level, Wood Burning
  • Flooring: Tile, 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: 1978
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $216.22
  • Tax Annual Amount: $1918.48
  • On Market Date: 2025-04-10T06:30:04.000Z
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 $153,135 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $153,135!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$446,865
Your Cash$153,135
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$2,025/mo
Traditional @ 7.15%
$3,448/mo
You save $1,423/month ($17,075/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 4082933

Listing From:

Last updated: 2025-04-10T09:00:04.000Z

© , 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

2.81%
7.15%

Principal & Interest

$2,025 /mo
$3,324 /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 $153,135 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $153,135!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$446,865
Your Cash$153,135
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$2,025/mo
Traditional @ 7.15%
$3,448/mo
You save $1,423/month ($17,075/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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