18295 Michigan Creek
FHA Assumable
3.16% Rate
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18295 Michigan Creek

Parker, CO 80134

3
Bedrooms
3
Bathrooms
1,902
Sq Ft

Payment Calculator

$3,258per 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?$31,250
$31,250$238,839
Secondary Financing8.5% Rate
$207,589
Blended rate5.03% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,753/mo
Assumable @ 3.16% + gap
$3,258/mo
$495less per month
$495
per month
$5,942
per year
$178,251
over 30 years

🏦 Loan Details

List Price
$625,000
Assumable Rate
3.16%
Remaining Balance
$386,161
Loan Type
FHA
Est. Equity Gap
$238,839
Annual Taxes
$3,425
HOA/mo
$129

About This Home

Beautifully maintained two-story home on a prime corner lot in a quiet cul-de-sac within the highly sought-after Stroh Ranch community! Offering 3 bedrooms, 3 bathrooms, and 1,902 finished square feet plus an unfinished basement, this home combines comfort, functionality, and room to grow.\r \r Step inside to a bright, open entry with soaring ceilings and like-new LVP flooring installed in 2024. The spacious living room is filled with natural light and flows effortlessly into the dining area with direct access to the deck, perfect for indoor-outdoor entertaining.\r \r The kitchen features newly refinished cabinets updated in 2024, generous counter space, stainless steel appliances, and a functional layout that opens to a sunny breakfast nook surrounded by windows. The adjacent family room offers plush carpeting, built-in shelving, and a cozy gas fireplace.\r \r Upstairs, the expansive primary suite provides a relaxing retreat with a beautifully updated en-suite bath featuring a double vanity and a large glass-enclosed walk-in shower. Two additional bedrooms are well-sized with ample closet space and share a full bathroom.\r \r The unfinished basement offers excellent storage or future finishing potential, with plenty of space for a recreation room, home gym, or additional living area.\r \r Step outside to enjoy a fully fenced backyard with mature trees, a spacious deck, and a large paver patio, ideal for entertaining, gardening, or relaxing.\r \r Additional highlights include a main-level powder room, dedicated laundry room, attached two-car garage, and a furnace and AC replaced just three years ago. Conveniently located near parks, trails, and top-rated Douglas County schools, this home offers the perfect blend of lifestyle and location.

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
$625,000
3.16% rateFHASave $1,873/mo

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