8472 Artesian Springs Pt, Colorado Springs, CO 80920
3 beds · 4 baths · 2,196 sqft sqft
Welcome to this exquisite three-story townhome located in the highly sought-after Harvest Springs community, where panoramic mountain views and stunning vistas of Pikes Peak create an idyllic backdrop for your lifestyle. This meticulously designed residence features three bedrooms and four bathrooms, complemented by an oversized two-car garage, providing both space and convenience. The modern open floor plan showcases a newly remodeled kitchen, equipped with custom cabinetry, upgraded flooring, contemporary lighting, and a professional-grade 6-burner gas stove, perfect for culinary enthusiasts. The main level flows effortlessly from the inviting living and dining areas to one of two outdoor porches, ideal for savoring breathtaking sunsets and observing the area's vibrant wildlife. Ascending to the upper level, you will discover two generously sized bedrooms, including a luxurious master suite that offers a serene retreat, along with a practical upper-level laundry room. The lower level presents a versatile 24x24 flex space, perfect for a home office, media room, or guest suite, complete with its own bathroom and convenient walk-out access to a covered patio. Situated within the award-winning District 20 school district, this property is just a short ten-minute drive from major retailers such as King Soopers, Target, and Safeway, as well as providing quick access to Children’s Hospital, St. Anthony North, the Powers Corridor, I-25, and various military installations. Recent upgrades, including a new roof (2024) and water heater (2023), along with city-installed internet cables, enhance the home's appeal, seamlessly blending modern luxury with practical amenities. With proximity to walking trails, parks, and outdoor destinations like Black Forest and Garden of the Gods, this townhome is perfect for families and outdoor enthusiasts alike, offering a lifestyle that celebrates both comfort and adventure.
Source: PPMLS #7646181
Interest rate and monthly payment estimated based on public records.
Source: PPMLS #7646181
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #7646181
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.