409 Lockwood
FHA Assumable
2.8% Rate
50 photos
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409 Lockwood

Castle Rock, CO 80104

4
Bedrooms
4
Bathrooms
2,023
Sq Ft

Payment Calculator

$2,917per 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$195,765
Secondary Financing8.5% Rate
$166,015
Blended rate4.47% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,573/mo
Assumable @ 2.8% + gap
$2,917/mo
$656less per month
$656
per month
$7,870
per year
$236,095
over 30 years

🏦 Loan Details

List Price
$595,000
Assumable Rate
2.8%
Remaining Balance
$399,235
Loan Type
FHA
Est. Equity Gap
$195,765
Annual Taxes
$5,776
HOA/mo
$110

About This Home

**FHA Assumable 2.8% Loan** Welcome home to Founders Village and this thoughtfully updated 2-story Lennar home. The covered front porch and professional landscaping bring instant curb appeal while new LVP flooring, curated finishes, high ceilings, and a neutral palette unfold to a spacious open floor plan. The inviting family room with a gas fireplace is designed for evenings that linger and family gatherings. Enjoy preparing a meal in the gourmet eat-in kitchen with two-tone painted cabinetry, upgraded granite counters, a stainless steel appliance suite, and a pantry. Step outside to a spacious, private backyard complete with low-maintenance landscaping and a large yard with a sprinkler system. Upstairs, the new LVP flooring extends into three generously sized secondary bedrooms, a full bath, and the primary suite. This serene retreat is complete with vaulted ceilings, a walk-in closet, and a 4-piece ensuite bath with a walk-in shower. Additional features of this turnkey residence include paid-off solar, a new furnace (2025), all appliances included, and a partially-finished basement ready for future expansion. Founders Village is an established community in Castle Rock, including the Ridge House clubhouse and outdoor pool. Ideally situated within minutes of Douglas County Schools and endless shopping and dining options at The Outlets and in Castle Rock, this home offers true contemporary living in an ideal location.

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
2.8% rateFHASave $1,717/mo

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