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$490,000

($59,353 down)
VA

9642 Timberlake Loop, Colorado Springs, CO 80927

3
4
2,220 sqft
PITI Monthly
$3,373.03 /mo

Listing courtesy of: Ashley Blasius ABR MRP , Cornerstone Real Estate Team

Assumed Rate

6.99%
7.15%

Principal & Interest

$2,884 /mo
$2,931 /mo

What's Special

DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
FLEX SPACE
DECK
PATIO
FITNESS CENTER

Discover this stunning urban-style 3-bedroom, 4-bathroom home in the highly sought-after Banning Lewis Ranch! Step through the covered wrap-around patio and enter into the walk-out Family Room, which doubles as a versatile flex space, perfect for any of your needs. A convenient 3/4 bath is also located on this level. The main floor features an open-concept design, including a spacious Living Room and an eat-in Kitchen complete with a large island, counter bar seating, ample pantry space, and sleek black stainless steel appliances. The Dining Area opens up to a deck, offering mountain and community views. Also on this level, you'll find a dedicated Office space and a half bath for added convenience. Upstairs, you'll be greeted by the generously-sized Master Bedroom, which boasts a luxurious 4-piece en suite bath and a spacious walk-in closet. Two additional Bedrooms and a laundry area (washer and dryer negotiable) complete the upper level. The home also features a xeriscaped yard, sits on a desirable corner lot, and includes a 3-car tandem garage for all your storage and parking needs. Enjoy an array of amenities in the Banning Lewis Ranch community, including award-winning schools, acres of open space, parks, and trails, as well as state-of-the-art recreation and fitness centers. The community also offers pools, a splash pad, a dog park, tennis and basketball courts, seasonal festivals, concerts, and so much more! Don’t miss out on this fantastic opportunity—check out the virtual tour and schedule a showing today!

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Assumption Snapshot

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Assumption Snapshot

Type of Loan
VA
Interest Rate
6.99
Remaining Loan Term
29 years, 3 months
Monthly PITI
$3,373.03/mo
Estimated Loan Balance
$431,020
Cash to close
$59,353
Interest Paid
$22,673

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Clubhouse, Dog Park, Fitness Center, Park, Playground, Pool, Tennis Court(s), See Prop Desc Remarks
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $220.72
  • Tax Annual Amount: $3868
  • On Market Date: 2025-04-02T21:42:06.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $59,353 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $59,353!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$430,647
Your Cash$59,353
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$2,884/mo
Traditional @ 7.5%
$3,040/mo
You save $156/month ($1,872/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6258039

Listing From:

Last updated: 2025-04-09T13:49:13.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

6.99%
7.15%

Principal & Interest

$2,884 /mo
$2,931 /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

Upgrade to gain access

Get Access

Savings Calculator

Current cash to close is $59,353 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $59,353!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$430,647
Your Cash$59,353
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$2,884/mo
Traditional @ 7.5%
$3,040/mo
You save $156/month ($1,872/year)

*Secondary financing rates are an estimated value based on input

equal-housing

UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.