5789 Echo Park
FHA Assumable
4.17% Rate
50 photos
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5789 Echo Park

Castle Rock, CO 80104

6
Bedrooms
3
Bathrooms
2,748
Sq Ft

Payment Calculator

$3,108per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$32,500
$32,500$67,855
Secondary Financing8.5% Rate
$35,355
Blended rate4.42% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,903/mo
Assumable @ 4.17% + gap
$3,108/mo
$795less per month
$795
per month
$9,535
per year
$286,045
over 30 years

🏦 Loan Details

List Price
$650,000
Assumable Rate
4.17%
Remaining Balance
$582,144
Loan Type
FHA
Est. Equity Gap
$67,855
Annual Taxes
$3,954
HOA/mo
$83

About This Home

On a cul-de-sac bordered by greenbelt on two sides, no rear neighbors, and sunset views to the west, this home is effortlessly comfortable for everyday living and perfectly sized for the whole gang. Beautiful white oak floors flow all the way upstairs, anchoring a bright, open floor plan that is inviting and warm. The thoughtful layout offers a main floor bedroom, full bath, and home office, while five bedrooms up include a stunning primary suite where mornings begin in a boutique-style closet. Outside, a partially covered stamped concrete patio creates an outdoor retreat as polished as the interior. \r \r Inside, 8-foot ceilings and large windows flood the great room with natural light, complemented by an entertainment nook with wall-mounted cabinetry with glass fronts and integrated lighting. Upgraded 5-inch baseboards add a custom, designer touch. The open layout flows seamlessly into the dining area and a beautifully appointed kitchen featuring rich wood cabinetry, granite countertops, stainless steel appliances, walk-in pantry, and a large island with breakfast bar seating. \r \r With six bedrooms, there's space for everyone - the in-laws, a home office, guest suite, or playroom. The spacious primary suite impresses with a sitting area, wood beam accent, private en-suite, and that showstopping walk-in closet. Upstairs laundry room with washer and dryer included, right where you need it. Smart home features include a Nest thermostat, Ring doorbell, and solar panels for reduced utility costs. Unfinished basement offers excellent future potential. \r \r Out back, a stamped concrete patio designed to mimic warm wood extends from covered to open-air entertaining space. Come summer, the mature trees fill out beautifully, wrapping the yard in natural privacy. Pet lovers will appreciate the split-rail fence with pet netting and fenced, turfed dog run with pet door. Enjoy resort-style living with access to the community clubhouse and pool nearby.

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$650,000
4.17% rateFHASave $865/mo

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