5028 Basalt Ridge
FHA Assumable
2.81% Rate
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5028 Basalt Ridge

Castle Rock, CO 80108

3
Bedrooms
3
Bathrooms
2,124
Sq Ft

Payment Calculator

$3,223per 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$223,297
Secondary Financing8.5% Rate
$190,797
Blended rate4.57% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,903/mo
Assumable @ 2.81% + gap
$3,223/mo
$680less per month
$680
per month
$8,165
per year
$244,941
over 30 years

🏦 Loan Details

List Price
$650,000
Assumable Rate
2.81%
Remaining Balance
$426,702
Loan Type
FHA
Est. Equity Gap
$223,297
Annual Taxes
$4,555
HOA/mo
$274

About This Home

Fantastic home in the highly desirable Terrain neighborhood of Castle Rock! This exceptionally upgraded home welcomes you with its beautiful stone entryway. Step inside and discover the tasteful foyer with its vaulted ceiling and designer chandelier, luxury vinyl flooring throughout the main level and an inviting open-concept layout filled with natural light—perfect for both everyday living and entertaining. The spacious gourmet chef’s kitchen features stainless steel appliances, 42" shaker cabinets with under cabinet lighting, gas range, gorgeous Quartz countertops with undermount sink, stone tile backsplash, large kitchen island with custom lighting, and a spacious walk-in pantry. The Kitchen seamlessly opens into the expansive and warm living room flooded with natural light from its large picture windows. Step outside and enjoy Colorado living at its finest from the private backyard composite deck, where you can take in stunning Mountain Views of the Front Range and breathtaking Sunsets overlooking the large, professionally landscaped yard. Upstairs, you’ll find three bedrooms, including the luxurious primary suite complete with walk-in closet and ensuite primary bathroom featuring a tiled shower and double sinks. Two additional guest bedrooms share a beautifully appointed second bathroom. The rare walk-out unfinished basement offers a blank canvas—ideal for a future fitness studio, home theater, guest suite, or additional living space, with direct access to the back patio. The Oversized 2 care garage and a south-facing driveway adds everyday convenience with improved winter sun exposure and natural snow melt. Amazing Mountain views of Pikes Peak from the upstairs and Mount Blue Sky and the Front Range from the back! Upgraded electrical throughout house with dimmer controls and high end lighting. Enjoy Two community pools, clubhouse and nearby parks with scenic biking and hiking trails as well as easy access to the Castle Rock Outlets for shopping and dining!

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
2.81% rateFHASave $1,921/mo

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