Sarah Brewer

Sarah Brewer

Property

2970 Banjo Drive, Colorado Springs, CO 80918

4
2
1,968 sqft

$423,500

VA

Adjust your down payment to see the impact

How much can you bring down?70%
Cash to Close$294,761
Monthly Payment (PITI)
$757
Estimated Loan Balance$128,739
Remaining Loan Term30 years

You cover the entire equity of $294,761!

Enter a smaller amount if you prefer to use secondary financing

$20,881 in interest paid off

Assumed Rate

2.97%
7.15%

Principal & Interest

$495 /mo
$878 /mo

Listing courtesy of: Greg Hanson, TRELORA Realty

What's Special

INVESTORSSHOPPINGENTERTAINMENTDININGSPACIOUSFIREPLACEDECKMATURE TREESTENNIS COURTSPLAYGROUNDMOUNTAIN VIEWSCOZYNO HOA

Versatile 4-Bedroom Home with Functional Layout, Views, and Leasing Potential. Excellent opportunity to own a well-located 4-bedroom, 2-bath home with 1,968 sq. ft. of functional living space and a fully fenced 6,500 sq. ft. lot, ideal for a primary residence or investors seeking value and versatility. This home is move in ready. The practical split-entry design offers a coat closet and direct access to the garage and rear deck. Dual living areas are ideal for multi-generational living. The open-concept upper level includes a kitchen with breakfast bar, a separate dining area, spacious living room, and two bedrooms including a primary with private access to the shared full bathroom. The primary bedroom also includes access to a walk out a private covered upper rear deck with mountain views. The kitchen is supplied with ample cabinetry for your storage needs. The lower level has a cozy second living area with a wood-burning fireplace, two more bedrooms, a second full bath, and a laundry room with built-in shelving and space for full-size units. The two-car garage includes built-in storage and a workbench. Additionally, central heating is included and there is opportunity to personalize/update to build equity over time. The lot has smaller mature trees and enhanced outdoor living with the dual-level decks which includes a built-in swing. Enjoy the nearby Cottonwood Creek Park which features disc golf, sports fields, playgrounds, tennis courts, in-line hockey, a YMCA with indoor pool and gym, and citywide access through the bike trails. Restaurants, shopping, grocery stores, entertainment, and I-25 are conveniently located within 10 minutes or less. No HOA. Great potential in a high-demand neighborhood. Property has an excellent long-term lease history.

Facts & Features

Comprehensive details about this property

Interior Features

Bedrooms & Bathrooms

Bedrooms4
Bathrooms2
Living Area1,968 sqft

Climate Control

CoolingNone
HeatingForced Air
FireplaceNo

Interior Details

FlooringCarpet, Vinyl
Materials
Stories

Exterior & Parking

Parking

GarageDetached
Garage Spaces
CarportNo
Covered Spaces

Exterior Features

Fencing
Roof TypeShingle
Architectural Style

Water & Pool

Sewer
Water SourcePublic
Private PoolNo

Construction & History

Construction Details

Year Built1981
Builder
Property TypeSingle Family Residence
Construction Materials

Community Features

Subdivision
No community features listed

HOA Information

HOANo

Financial & Market

Financial Details

Price per Sqft$215.19
Annual Taxes$1,350
Listed Date2025-08-01T14:00:24.829Z

Location

CityColorado Springs
StateCO
ZIP Code80918
CountyEl Paso

Listing Information

MLS ID2496237
Last Updated2025-08-01T17:00:00.235Z
Source
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

MLS ID: 2496237

Listing From:

Last updated: 2025-08-01T17:00:00.235Z

© , 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.

© 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 HomeSmart 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.

equal-housing

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