Ken Gorup

Ken Gorup

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$662,500

($440,998 down)
VA

3987 Ivy Hill Drive, Colorado Springs, CO 80922

4
3
2,692 sqft
PITI Monthly
$1,794.29 /mo

Listing courtesy of: Karen Darilek, Redfin Corporation

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,293 /mo
$1,553 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MOVE-IN READY
MODERN
LUXURY
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
FINISHED BASEMENT
PATIO
LANDSCAPED
WALKING TRAILS

Why wait on new construction when you can have it all, NOW? This thoughtfully designed home offers modern finishes, full landscaping (front and back!), and a finished basement - all set within a quiet, established community with mature surroundings and low HOA dues. Located on a premium lot that backs to open space and walking trails, this home offers added privacy, scenic views, and even a glimpse of Sky Sox Stadium fireworks from your backyard. Inside, you'll find style and comfort at every turn: Bright, open layout with vaulted ceilings and natural light throughout, luxury vinyl plank flooring in the foyer, kitchen, dining area, and second bedroom, show-stopping kitchen with quartz countertops, vent hood over a gas range, full-height backsplash, soft-close cabinets with rollout trays, and a spacious eat-in island. Inviting living room featuring a custom gas fireplace with built-ins, a wraparound mantel, and dramatic floor-to-ceiling tile. Enjoy the convenience of main-level living with a spacious primary suite featuring dual vanities, a custom tile shower, barn door entry, and a large walk-in closet. A second bedroom and full bath are also on the main level, along with a well-designed laundry room with elevated storage. Downstairs, the finished basement adds flexible space for guests, work, or play - complete with high ceilings, two additional bedrooms (both with walk-in closets), a full bath, and ample storage. Additional highlights: Covered front and back patios, Smart home technology, Upgraded lighting and sound insulation, Fully landscaped yard (a major upgrade over nearby new builds), Easy access to the Powers Corridor, parks, trails, shopping, and dining. This home is the perfect blend of fresh, modern comfort in a setting that feels grounded and established. Move-in ready and full of thoughtful upgrades—come experience it for yourself.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.41
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,794.29/mo
Estimated Loan Balance
$221,795
Cash to close
$440,998
Interest Paid
$32,582

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Shingle
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
  • Frame
  • Roof: Shingle
Condition
  • Year Built: 2022
Details
  • Builder: Classic Homes

Community & HOA

Community
  • Subdivision:
  • Features: Park, See Prop Desc Remarks
HOA
  • Has HOA: Yes
  • HOA Name: Greenways at Sand Creek
  • HOA Amenities: Unknown
  • HOA Fee: $480
  • HOA Frequency: $Annually
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $246.1
  • Tax Annual Amount: $4016
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $440,998 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $440,998!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$221,502
Your Cash:$440,998
Total Purchase Price:$662,500

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,293/mo
Traditional @ 7.15%
$1,611/mo
You save $318/month ($3,821/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7179876

Listing From: recolorado

Last updated: 2025-05-09T00:01:27.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,293 /mo
$1,553 /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 $440,998 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $440,998!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$221,502
Your Cash:$440,998
Total Purchase Price:$662,500

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,293/mo
Traditional @ 7.15%
$1,611/mo
You save $318/month ($3,821/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Above The Clouds Mountain Properties, LLC
Agent/Broker
Ken GorupAbove The Clouds Mountain Properties, LLC(719) 491-1359team@atcmountainproperties.comMLS FA.100099771

© 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 Above The Clouds Mountain Properties, LLC 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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