2354 116th
FHA Assumable
3.16% Rate
50 photos
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2354 116th

Thornton, CO 80233

4
Bedrooms
3
Bathrooms
1,275
Sq Ft

Payment Calculator

$3,216per 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?$27,500
$27,500$222,019
Secondary Financing8.5% Rate
$194,519
Blended rate4.91% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,303/mo
Assumable @ 3.16% + gap
$3,216/mo
$86less per month
$86
per month
$1,033
per year
$30,990
over 30 years

🏦 Loan Details

List Price
$550,000
Assumable Rate
3.16%
Remaining Balance
$399,921
Loan Type
FHA
Est. Equity Gap
$222,019
Annual Taxes
$3,872
HOA/mo
$340

About This Home

Welcome to this thoughtfully updated ranch style home. Within a short walk to the light rail station and only a short drive to I25, this boasts a great location for commuters. As you step inside the living room, you will notice the brand-new gas fireplace, built in hutch/entertainment stand, hardwood flooring and bedroom/office right off the entryway. The kitchen features stainless steel appliances, granite countertops and a window above the sink overlooking the backyard. Off the dining area, there is access to the covered patio, large fenced in yard, garden beds, strawberry, blueberry, raspberry, blackberry bushes and dog run. The main floor features 3 bedrooms (1 can be used as an office as it has French doors) and full bath. The primary bedroom features a 5-piece bathroom with oversized closet and walk in tiled shower. The finished basement features what could be another primary bedroom with full bath, wet bar and walk in closet or it could simply be your space to relax. There is a washer and dryer hookup as well for convenience. Mechanical room where you will find the whole house water filtration system, tankless water heater and newer furnace (coils and A/C condenser 2024). The fridge, kegerator fridge and tap and small green safe are all included. The front yard has new grass, autumn blaze maple tree, updated sprinkler system and extended driveway. Roof and exterior paint were done Dec 2024. Garage door and opener were replaced in 2023. Back fence (south and east side) was both replaced in 2022 and 2024. Shed on concrete pad was done in 2022. New windows 2024. Leased alarm system. New carpet in upstairs bedrooms.

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
$550,000
3.16% rateFHASave $1,695/mo

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