1003 Settlers
FHA Assumable
3.6% Rate
50 photos
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1003 Settlers

Milliken, CO 80543

5
Bedrooms
3
Bathrooms
2,110
Sq Ft

Payment Calculator

$2,994per 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?$25,350
$25,350$282,175
Secondary Financing8.5% Rate
$256,825
Blended rate6.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,044/mo
Assumable @ 3.6% + gap
$2,994/mo
$50less per month
$50
per month
$604
per year
$18,109
over 30 years

🏦 Loan Details

List Price
$507,000
Assumable Rate
3.6%
Remaining Balance
$224,195
Loan Type
FHA
Est. Equity Gap
$282,175
Annual Taxes
$4,963
HOA/mo
$200

About This Home

Welcome to 1003 S. Settlers Dr, showcasing 5 bedrooms and 2 bathrooms. Just steps from the huge neighborhood park, there is plenty space for a family walk, or space to let the children roam or cast a line in the nearby fishing pond. During the warm summer days, enjoy a trip to the local rec center or a dip in the neighborhood pool. The kitchen features granite countertops, a gas range, stainless steel appliances, and a kitchen island for entertaining guests. The abundant number of windows allow for plenty of natural light. The backyard is an entertainer's paradise with a huge concrete patio, large storage shed with shelving included and an added with lounge and grilling area. The 3 car garage allows for plenty of storage working area, including several shelves and cabinets. The finished basement is huge with 2 bedrooms, and a shop room/craft room. The remaining area of the basement is fully framed and fully wired for a large rec room, also fully plumbed for a 3rd bathroom, and ready for drywall - home is priced accordingly. Building permits were approved for the basement finish. 9 foot ceilings in the basement make it feel like a whole other home! The basement includes a gas fireplace insert for the cozy evenings. Brand new roof installed with class 4 shingles June 2026. Show off your green thumb and plant some vegetation in the raised garden beds and additional dedicated garden areas.

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
$507,000
3.6% rateFHASave $1,740/mo

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