Cheryl Riley

Cheryl Riley

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Coming Soon

$1,150,000

($835,713 down)
VA

8890 Hodgen Road, Colorado Springs, CO 80908

3
4
4,420 sqft
PITI Monthly
$2,164.83 /mo

Listing courtesy of: Camellia Coray, Coldwell Banker Realty BK

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,518 /mo
$2,362 /mo

What's Special

SHOPPING
DINING
SPACIOUS
CUSTOM BUILT
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
THEATER ROOM
DECK
FENCED YARD

Set among mature Ponderosa Pines, this peaceful 5-acre property offers true main-level living and privacy, just minutes from city conveniences and scenic open spaces. A circular paved driveway leads through the trees and up to the house. Inside, Brazilian wood floors flow throughout the main level, where the living room boasts a gas fireplace with mantle & walk-out. The kitchen features granite tile counters, a large island, stainless steel appliances, and breakfast nook with second walk-out. The composite deck provides the opportunity to dine al fresco with metal railing & stairs to the yard. There is out-of-view storage space beneath the deck. Separate formal dining adds functionality for more formal events. The spacious primary suite includes dual walk-in closets and a five-piece en-suite bath with jetted tub and vaulted ceilings. Two additional bedrooms are available for family & friends, one of which has custom built-in knotty alder bookcases. The finished walk-out basement offers a large family room, a theater room with dimmer switches, and ample space to entertain. Additional features include a secondary freezer, security system, 9+ ft ceilings throughout, dual water heaters with circulator, whole-house humidifier, water softener & filter, a gutter helmet with heat cable on the newer roof, and a 20kW backup generator with automatic transfer switch. For those with recreational vehicles there is abundant space between an oversized 3-car attached garage and a 3-car detached garage with 60-amp power—both have been finished & insulated with epoxy floors. Zoned for horses with existing corral, two loafing sheds, and storage shed. There is abundant space to roam on this fully fenced yard. Enjoy frequent wildlife sightings and proximity to The Pineries, Fox Run, Black Forest, and Flying Horse Golf. An array of local amenities, shopping, & dining can be found within 20 minutes of the property with access to Falcon, Monument, and Colorado Springs.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$2,164.83/mo
Estimated Loan Balance
$314,957
Cash to close
$835,713
Interest Paid
$51,059

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 6
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Stucco
  • Roof: Architecural Shingle
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $260.18
  • Tax Annual Amount: $4157
  • On Market Date: 2025-04-17T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $835,713 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $835,713!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$314,287
Your Cash:$835,713
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,518/mo
Traditional @ 7.15%
$2,450/mo
You save $932/month ($11,185/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7624188

Listing From: recolorado

Last updated: 2025-04-11T20:40:26.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,518 /mo
$2,362 /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 $835,713 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $835,713!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$314,287
Your Cash:$835,713
Total Purchase Price:$1,150,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,518/mo
Traditional @ 7.15%
$2,450/mo
You save $932/month ($11,185/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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