Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Closed

$495,000

($220,994 down)
VA

5015 Horseshoe Bend Street, Colorado Springs, CO 80917

4
4
2,199 sqft
PITI Monthly
$1,593.14 /mo

Listing courtesy of: Amy Kunce-Martinez, The Cutting Edge

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,308 /mo
$2,053 /mo

What's Special

DINING
SPACIOUS
MODERN
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
DECK
MATURE TREES
MOUNTAIN VIEWS
COZY

This beautifully updated 4-level home offers the perfect balance of modern comfort and Colorado Springs charm, ideally located near stunning hiking trails and a vibrant community garden in the popular Old Farm neighborhood. The exterior is a nature-lover's dream, featuring a spacious composite front deck perfect for outdoor gatherings. Inside, new tile flooring, newer luxury vinyl flooring flows throughout the home, paired with neutral, warm gray paint tones that create a welcoming atmosphere. The front living room boasts a vaulted ceiling, leading into a dining area with plenty of natural light. The updated kitchen with a central island and newer Whirlpool stainless steel appliances, including a gas range. The lower-level family room features a striking floor-to-ceiling painted brick fireplace, ideal for cozy winter nights and walks out to the back yard. The lower level includes a spacious mudroom and a separate laundry room with built-in cabinets for added convenience. Step outside to a park-like backyard full of lush perennials and turf for convenience, plus a great storage shed. Upstairs, the master bedroom offers mountain views through mature trees, while the attached master bathroom has been thoughtfully updated with a new countertop and shower. Two additional bedrooms and another updated full bath complete the upper level. The basement provides a large recreation room, surround sound speakers and featuring a built-in desk, along with a private bedroom and en-suite bathroom with tile floors for added privacy. Recent updates include; newer 2-stage Rheem furnace, AC unit, attic fan, newer carpet, fresh interior paint, and a roof replaced in 2016. The exterior was also painted in 2016. This home offers a peaceful retreat in a neighborhood you'll fall in love with! Vinyl windows!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,593.14/mo
Estimated Loan Balance
$276,337
Cash to close
$220,994
Interest Paid
$42,671

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Ceramic Tile, Vinyl

Exterior

Fencing
  • Fencing: Partial
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
  • Brick, Frame, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $225.1
  • Tax Annual Amount: $1421
  • On Market Date: 2025-02-20T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $220,994 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $220,994!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$274,006
Your Cash$220,994
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,308/mo
Traditional @ 7.5%
$2,130/mo
You save $822/month ($9,861/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3740725

Listing From: recolorado

Last updated: 2025-04-04T17:35:20.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,308 /mo
$2,053 /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 $220,994 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $220,994!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$274,006
Your Cash$220,994
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,308/mo
Traditional @ 7.5%
$2,130/mo
You save $822/month ($9,861/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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