5536 Sonnet Hts Colorado Springs, CO 80918
Your savings
About this home
Stunning 3-bedroom, 3-bathroom ranch-style townhome nestled in the highly sought-after University Park neighborhood. Offering 2,472 square feet of thoughtfully designed living space, this home combines comfort, style, and convenience in one exceptional package. The low-maintenance xeriscaped yard features automatic sprinklers, rock gardens, attractive shrubs, and mature trees, creating a serene outdoor setting with minimal upkeep. A covered front entry welcomes you into a freshly painted interior with a bright, open floor plan, soaring vaulted ceilings, and gleaming hardwood floors throughout the main level. The spacious eat-in kitchen is a chef’s delight, boasting wood cabinetry, elegant black granite countertops, a tile backsplash, and a cozy dining nook. Appliances include a smooth-top range oven, built-in microwave, dishwasher, and side-by-side refrigerator. Adjacent, the vaulted living room offers a lighted ceiling fan, a gas log fireplace with tile surround, and direct access to an enclosed patio, perfect for outdoor dining and relaxation. The main level also features a convenient laundry closet and two bedrooms, including a luxurious primary suite with a lighted ceiling fan, walk-in closet, spa-like bathroom including a vanity, framed mirror, and tiled shower. A second bedroom shares a full hall bath with a vanity, mirror, and tiled tub/shower. Downstairs, the finished basement expands your living space with a large family/rec room, a third bedroom, and another full bathroom. Additional highlights include a newly painted 2-car attached garage with opener, a new furnace and central air system for year-round comfort, and smart home features like a NEST doorbell and ADT security system for peace of mind. Located minutes from parks, shopping, dining, and top-rated schools, this home offers the perfect blend of suburban tranquility and urban accessibility. Don’t miss your chance to own this exceptional move-in ready home in University Park!
Source: PPMLS #6282518
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.