1600 Crestmore
FHA Assumable
5.23% Rate
50 photos
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1600 Crestmore

Fort Collins, CO 80521

3
Bedrooms
1
Bathrooms
960
Sq Ft

Payment Calculator

$2,720per 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?$24,450
$24,450$99,694
Secondary Financing8.5% Rate
$75,244
Blended rate5.76% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,936/mo
Assumable @ 5.23% + gap
$2,720/mo
$216less per month
$216
per month
$2,591
per year
$77,743
over 30 years

🏦 Loan Details

List Price
$489,000
Assumable Rate
5.23%
Remaining Balance
$388,728
Loan Type
FHA
Est. Equity Gap
$99,694
Annual Taxes
$2,648
HOA/mo
$60

About This Home

Some homes have a great location. Some have a great backyard. This one has both. Tucked into one of Fort Collins' most sought-after neighborhoods, this charming 1950s ranch sits just moments from City Park, Sheldon Lake, beloved local restaurants, and CSU, with a quick bike ride to Old Town. The location is hard to beat. But step through the back gate and you'll find something even harder to come by. The backyard at 1600 Crestmore offers a level of privacy that is simply rare in this area. Fully fenced and generously sized, with a spacious patio and a pergola built for long Colorado evenings, this outdoor space feels like a world of its own. Host a summer gathering, tend a garden, or sink into your favorite chair on a lazy Sunday. This backyard delivers on all of it. It's the kind of outdoor retreat people spend years chasing. And a brand-new in-ground irrigation system keeps everything green and beautiful with zero effort. Inside, new flooring and updated light fixtures throughout give you a clean canvas while preserving the vintage character that makes 1950s ranches so endlessly livable. The quaint kitchen and dining area carry a warmth you won't find in new construction. Natural light fills every corner. Attic storage, a shed, and genuine room to grow round out a home full of opportunity in a location that rarely comes available. Showings start Saturday, May 30th at 10:00am. Open House from 11:00am to 12:00pm.

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
$489,000
5.23% rateFHASave $661/mo

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