Cliff Pickett

Cliff Pickett

Property SearchContact
primary-1
primary-2primary-3
Active

$275,000

($194,330 down)
FHA

1903 W Colorado Avenue, Colorado Springs, CO 80904

1
1
616 sqft
PITI Monthly
$728.51 /mo

Listing courtesy of: Jeremiah Laster, Box State Properties

Assumed Rate

3.61%
7.15%

Principal & Interest

$456 /mo
$676 /mo

What's Special

MODERN
HISTORIC
CHARMING
COZY

Charming Updated Home in the Heart of Old Colorado City! Step into comfort and convenience with this beautifully updated home— now featuring a brand-new heater and air conditioning system for year-round comfort! ? Brand new carpet throughout ?? New photos just added—check out the fresh look and feel! Perfectly located right on historic Colorado Avenue, this property puts you just steps away from the eclectic charm of Old Colorado City. Enjoy easy access to local boutiques, art galleries, cafes, and some of the area’s best brunch spots—all just outside your front door. Inside, the home is warm and welcoming, thoughtfully designed to blend charm with functionality. You'll love the two off-street, covered parking spaces, giving you peace of mind after a day out exploring or working. Zoned C-5, this property offers incredible versatility—whether you're looking for a cozy residence, a stylish office, or a little bit of both. Live, work, or create here…the choice is yours. This isn’t just a home—it’s a lifestyle. Don’t miss your chance to own a piece of Old Colorado City with all the modern updates you need. Schedule your private showing today and see all the new features in person!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
21 years, 2 months
Monthly PITI
$728.51/mo
Estimated Loan Balance
$80,883
Cash to close
$194,330
Interest Paid
$29,056

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: See Remarks
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Tar/Gravel
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tar/Gravel
Condition
  • Year Built: 1901
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $446.43
  • Tax Annual Amount: $620.36
  • On Market Date: 2025-04-16T21:10:03.000Z
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 $194,330 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $194,330!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$80,670
Your Cash:$194,330
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$456/mo
Traditional @ 7.15%
$702/mo
You save $246/month ($2,949/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 9996644

Listing From:

Last updated: 2025-04-17T14:04:09.000Z

© , 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.

Assumed Rate

3.61%
7.15%

Principal & Interest

$456 /mo
$676 /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 $194,330 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $194,330!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$80,670
Your Cash:$194,330
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$456/mo
Traditional @ 7.15%
$702/mo
You save $246/month ($2,949/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Pink Realty
Agent/Broker
Cliff PickettPink Realty(719) 659-4073rockhomescos@gmail.comMLS FA100043147

© 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 Pink Realty 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

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