5510 Spring Ridge
VA Assumable
2.85% Rate
50 photos
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5510 Spring Ridge

Castle Rock, CO 80104

5
Bedrooms
4
Bathrooms
2,987
Sq Ft

Payment Calculator

$3,125per 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?$35,250
$35,250$133,550
Secondary Financing8.5% Rate
$98,300
Blended rate3.68% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,233/mo
Assumable @ 2.85% + gap
$3,125/mo
$1,109less per month
$1,109
per month
$13,305
per year
$399,135
over 30 years

🏦 Loan Details

List Price
$705,000
Assumable Rate
2.85%
Remaining Balance
$572,768
Loan Type
VA
Est. Equity Gap
$133,550
Annual Taxes
$4,286
HOA/mo
$82

About This Home

Welcome to this beautifully maintained 5-bedroom, 4-bath home offering 3,141 finished square feet and backing to open space with incredible views. This walkout home features paid-off solar panels, permanent JellyFish exterior lighting, fresh exterior paint, and a newer hot water heater.\r The spacious kitchen offers granite countertops, a large center island, stainless steel appliances, and both kitchen and basement refrigerators are included. The adjoining family room features a cozy fireplace and abundant natural light.\r A dedicated main-floor office with custom built-ins provides the perfect work-from-home space. Upstairs you’ll find four bedrooms, including a spacious primary suite with a large walk-in shower, plus an additional full bath. The finished walkout basement includes a fifth bedroom, full bath, and flexible living space.\r The three-car garage includes a unique, separated third bay that’s ideal for a workshop, hobby area, or additional storage.\r With thoughtful updates, energy-efficient paid-off solar, stunning open-space views, and a highly functional floor plan, this home is a fantastic opportunity in the heart of Castle Rock.

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
$705,000
2.85% rateVASave $1,555/mo

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