4530 Sierra Rica Rd Colorado Springs, CO 80911
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About this home
This exquisite 2-story home offers comfort, featuring 5 generously sized bedrooms and an office situated on the main level. With 3.5 bathrooms. A spacious 3122 sq ft layout. As you enter, you'll be greeted by luxurious vinyl plank flooring that extends throughout the main level. The chef’s kitchen stands out with its impressive large island, w/ stunning quartz countertops. The dining area, enhanced by French doors, opens up to a beautifully crafted upper wooded porch, offering a tranquil space to unwind. Equally impressive, a 43 ft x 20 ft concrete patio adorned with an elegant pergola. A concrete pathway runs along the left side of the house, leading to the backyard, while long concrete stairs on the right side also leading to the backyard for event gathering. The Sellers's significant upgrade to the property! Master Bathroom: Enhanced with a rain shower and new tiles. Outdoor Space : Pergola has been tiled. Landscaping : New flower bed for improved curb appeal. Master Closet : Extended for additional storage and organization. Garage : Epoxy floor for durability, plus a keypad for easy access and extra shelving and finished walling. Laundry:Washer and dryer combined unit for spacesaving. Flooring : New carpet throughout the house. Fully finished, Basement:5th bedroom and ample recreational space—ideal for a home theater, game room, gym, or guest accommodation. Attached tandem two-car garage that provides not only parking but also substantial storage options. With its versatile layout, stunning views, and prime location, this property offers an exceptional opportunity that combines functionality with the charm of its natural surroundings. Enjoy breathtaking mountain views that enhance daily picturesque backdrop. Close to Ft Carson, Shriver Air Forcebase and Peterson Air Force base. Few minutes to shopping areas. Fire station. Don’t miss the chance to make this dream home yours—call today!
Source: PPMLS #6671047
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.