5088 Crestone
FHA Assumable
2.81% Rate
50 photos
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5088 Crestone

Castle Rock, CO 80104

4
Bedrooms
3
Bathrooms
2,204
Sq Ft

Payment Calculator

$3,020per 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?$29,750
$29,750$222,925
Secondary Financing8.5% Rate
$193,175
Blended rate4.75% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,573/mo
Assumable @ 2.81% + gap
$3,020/mo
$553less per month
$553
per month
$6,637
per year
$199,122
over 30 years

🏦 Loan Details

List Price
$595,000
Assumable Rate
2.81%
Remaining Balance
$372,922
Loan Type
FHA
Est. Equity Gap
$222,925
Annual Taxes
$6,230
HOA/mo
$50

About This Home

Seller is offering $5,000 in concessions to help with closing costs or a rate buy-down!\r Located in the heart of Founders Village, this beautifully maintained two-story home offers just under 3,000 total square feet with a layout that simply works. One of the standout features is the side-load garage, a rare find in the neighborhood that adds both curb appeal and extra privacy—unlike the typical front-facing garages seen on most homes.\r Inside, real wood floors run throughout the main level, bringing warmth and character to the space. The kitchen offers generous cabinet storage, ample counter space, and a functional island that makes everyday living and entertaining feel effortless. A main-level bedroom provides flexibility for guests, a home office, or whatever fits your lifestyle.\r Upstairs, you’ll find three additional bedrooms, including the primary suite featuring a spa-like bathroom that truly feels like a private sanctuary—complete with a soaking tub, separate shower, and room to unwind at the end of the day.\r Situated on a corner lot, the outdoor space includes a Trex deck perfect for relaxing or hosting, along with a large unfinished basement ready for future expansion, storage, or customization.\r Enjoy being just a short walk to neighborhood parks and the community pool, with easy access to downtown Castle Rock, shopping, dining, and everyday conveniences.\r This is a home that combines comfort, functionality, and a unique edge in a great location—with plenty of room to grow into.

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
$595,000
2.81% rateFHASave $1,853/mo

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