Bobi Hernandez

Bobi Hernandez

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$555,000

($51,848 down)
VA

10394 Abrams Drive, Colorado Springs, CO 80925

5
4
3,184 sqft
PITI Monthly
$3,520.08 /mo

Listing courtesy of: Ray Sage, Orchard Brokerage LLC

Assumed Rate

5.75%
7.15%

Principal & Interest

$3,035 /mo
$3,512 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
COZY

Stunning 5-Bedroom Home with Luxurious Upgrades & Spacious Layout! Welcome to your dream home! This exquisite 5-bedroom, 3.5-bath residence offers the perfect blend of comfort, style, and sophistication. With a 3-car garage and thoughtfully designed floor plan, this home is ideal for both everyday living and elegant entertaining. Step into the expansive primary suite, complete with its own cozy fireplace—your private retreat after a long day. The luxurious 5-piece primary bathroom features elegant tile work, a private water closet, and a spa-like atmosphere perfect for unwinding. At the heart of the home is a gourmet open-concept kitchen, seamlessly flowing into the spacious living and dining areas. Enjoy cooking in style with 42” custom cabinetry, solid granite countertops, stainless steel appliances (including refrigerator and wine cooler), and a large walk-in pantry. Designer touches like wood flooring, tile and glass backsplashes, and oil-rubbed bronze fixtures add a refined aesthetic throughout. Striking stucco exterior for lasting curb appeal. Pre-wired for surround sound to create the ultimate entertainment experience.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.75
Remaining Loan Term
27 years, 7 months
Monthly PITI
$3,520.08/mo
Estimated Loan Balance
$503,773
Cash to close
$51,848
Interest Paid
$71,155

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Traditional
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2014
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Meadows at Lorson Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Lorson Ranch Metro District
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $Included in Property Tax
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $174.31
  • Tax Annual Amount: $3826
  • On Market Date: 2025-04-18T00:00:00.000Z
Inquire about this property

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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 $51,848 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,848!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$503,152
Your Cash$51,848
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$3,035/mo
Traditional @ 7.15%
$3,643/mo
You save $608/month ($7,302/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9733893

Listing From: recolorado

Last updated: 2025-04-16T01:22:19.000Z

© , 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

5.75%
7.15%

Principal & Interest

$3,035 /mo
$3,512 /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 $51,848 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,848!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$503,152
Your Cash$51,848
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$3,035/mo
Traditional @ 7.15%
$3,643/mo
You save $608/month ($7,302/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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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