5721 Melody
FHA Assumable
3.16% Rate
50 photos
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5721 Melody

Castle Rock, CO 80104

3
Bedrooms
2
Bathrooms
1,318
Sq Ft

Payment Calculator

$2,552per 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?$23,750
$23,750$151,771
Secondary Financing8.5% Rate
$128,021
Blended rate4.55% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,852/mo
Assumable @ 3.16% + gap
$2,552/mo
$300less per month
$300
per month
$3,598
per year
$107,940
over 30 years

🏦 Loan Details

List Price
$475,000
Assumable Rate
3.16%
Remaining Balance
$364,413
Loan Type
FHA
Est. Equity Gap
$151,771
Annual Taxes
$5,164
HOA/mo
$250

About This Home

Beautifully updated home filled with charm, character, and thoughtful upgrades throughout! This inviting property features an open and functional floor plan with vaulted ceilings, abundant natural light, and designer touches that create a warm, welcoming feel. The kitchen showcases granite countertops, tile backsplash, built-in pantry with newer barn doors plus a convenient bar area perfect for entertaining. Hardwood floors, updated fixtures, ceiling fans, and stylish finishes add to the home’s appeal. The spacious primary suite includes an attached bath and walk-in closet, while the permitted addition offers incredible flexibility for a dining room, office, study, or expanded living space. Major system updates completed over the years include the new exterior painting, windows, furnace, A/C, exterior flatwork, and more—providing peace of mind for the next owner. Outside, enjoy mature landscaping, sprinkler system, ample storage, oversized garage with built-ins, and a great-sized yard with room to relax or entertain. Tucked away near a cul-de-sac in a desirable neighborhood with community pool and clubhouse, this home offers convenient access to parks, trails, shopping, dining, and major highways.

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
$475,000
3.16% rateFHASave $1,268/mo

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