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Ken Gorup

Ken Gorup

Property2.94% Assumable
1 / 40

$310,000

($81,750 down)
FHA

1917 S Institute Avenue, Colorado Springs, CO 80905

3
1
894 sqft
PITI Monthly
$1,478.4 /mo

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,068 /mo
$1,724 /mo
$33,840 in interest paid off

Listing courtesy of: Troy Gedack ABR GREEN PSA , RE/MAX Properties Inc

What's Special

SHOPPINGENTERTAINMENTSPACIOUSMOVE-IN READYMODERNLUXURYHOME OFFICEPATIOCHARMING

Unbelievably Charming Single-Story Home with Pikes Peak Views and Open Floorplan! Conveniently situated in the established neighborhood of Stratton Meadows just moments from Stratton Elementary School and restaurants, this 3BR/1BA residence emanates a warm and inviting vibe with a tidy lawn, low-maintenance vinyl siding, and mature shrubbery. Updated to satisfy contemporary needs, the interior captivates with gorgeous luxury vinyl flooring, ample natural light, vinyl windows, neutral paint hues, entry coat closet, spacious living room, and an open layout. Styled for entertaining, the upgraded modern kitchen features stainless-steel appliances, beautiful laminate countertops, white shaker cabinetry, sleek hardware, two lazy Susan cabinets, electric glass top stove, built-in microwave, dishwasher, side-by-side refrigerator, dual stainless-steel sinks, and a breakfast bar. Explore the move-in ready home further to discover three generously sized bedrooms. Ideal for restful sleep and supreme function, the guest bedrooms may also be utilized as art studios, home offices, meditation spaces, or even media rooms. Journey into the fenced backyard to find an expansive concrete patio boasting a sizable awning. Envision spending time with friends in this amazing backyard, which has abundant greenspace for lawn games, gardening, playing, and/or grilling. As a bonus, the new storage shed has plenty of room for tools, while the back privacy fence features a gate to the alley. Other features: paved driveway, RV-height carport, interior laundry closet with W/D hookups, updated full bathroom with shower/tub combo, easy access to Fort Carson, Shriever, and Peterson, close to shopping, award-winning schools, parks, hospitals, and entertainment, quick access to I-25 for fast commutes to Denver and Downtown Colorado Springs, and more! Whether you are a new home buyer or savvy investor, this highly desirable and updated home is the perfect pick for comfort, style, and convenience.

Gradient Jack

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,478.4/mo
Estimated Loan Balance
$238,959
Cash to close
$81,750
Interest Paid
$33,840

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms3
  • Bathrooms1
Cooling & Heating
  • CoolingCeiling Fan(s)
  • HeatingForced Air
Interior Features
  • MaterialsFrame, Vinyl Siding
  • CommunityUnknown
  • FireplaceNo
  • Fireplace FeaturesNone
  • FlooringCarpet, Luxury Vinyl

Exterior

Fencing
  • FencingFull
Roof
  • RoofShingle
Parking
  • GarageNo
  • Garage SpacesN/A
  • CarportNo
  • Carport SpacesN/A
Water
  • SewerPublic Sewer
  • Water SourcePublic
Pool
  • Has PoolNo
  • Pool FeaturesN/A

Construction

Type & Style
  • StoriesN/A
  • Home TypeSingle Family Residence
  • Architectural StyleN/A
Materials
  • Construction MaterialsFrame, Vinyl Siding
  • RoofShingle
Condition
  • Year Built1953
Details
  • BuilderN/A

Community & HOA

Community
  • SubdivisionStratton Meadows
  • FeaturesN/A
HOA
  • Has HOANo
Location
  • RegionColorado Springs

Financial Details

Financial Info
  • Price per Sqft$346.76
  • Tax Annual Amount$954
  • On Market Date2025-06-13T13:30:05.000Z
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MLS ID: 7049369

Listing From:

Last updated: 2025-06-17T23:30:00.000Z

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