Michael Rizzo

Michael Rizzo

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Under Contract

$279,999

($94,955 down)
FHA

7515 Woodstock Street, Colorado Springs, CO 80911

2
1
898 sqft
PITI Monthly
$1,402.06 /mo

Listing courtesy of: G. Nicole Garcia, Brokers Guild Homes

Assumed Rate

4.07%
7.15%

Principal & Interest

$997 /mo
$1,399 /mo

What's Special

DINING
CHARMING

Welcome to this charming ranch in Sunset Ridge! Upon entering the property you will find the open living and dining room with laminate wood flooring. Both bedrooms and the full bathroom are located just down the hallway. The kitchen has plenty of storage space with large closet that can be used as a pantry! Just behind the dining room you will notice the Sunroom with lots of natural sunlight. The large backyard has tons of potential for outdoor entertaining or gardening. The previous owners converted a large section into a bonus space, however if in the future would like to convert it back to a full garage it will be able to be done. This home is move in ready, but still has room for updates to give it your personal touch!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.07
Remaining Loan Term
24 years, 5 months
Monthly PITI
$1,402.06/mo
Estimated Loan Balance
$192,829
Cash to close
$94,955
Interest Paid
$44,697

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sunrise Ridge Sub Fil 4
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $311.8
  • Tax Annual Amount: $1294
  • On Market Date: 2025-04-11T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $94,955 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $94,955!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$185,044
Your Cash$94,955
Total Purchase Price:$279,999

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$997/mo
Traditional @ 7.15%
$1,451/mo
You save $454/month ($5,448/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3952666

Listing From: recolorado

Last updated: 2025-04-12T04:19:20.000Z

© , 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

4.07%
7.15%

Principal & Interest

$997 /mo
$1,399 /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 $94,955 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $94,955!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$185,044
Your Cash$94,955
Total Purchase Price:$279,999

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$997/mo
Traditional @ 7.15%
$1,451/mo
You save $454/month ($5,448/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Michael RizzoHomeSmart(602) 790-2804MikeRizzo@HSMove.comMLS SA539236000

© 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 HomeSmart 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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