4488 Lake
FHA Assumable
5.3% Rate
50 photos
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4488 Lake

Centennial, CO 80121

4
Bedrooms
3
Bathrooms
1,832
Sq Ft

Payment Calculator

$3,941per 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?$34,950
$34,950$151,650
Secondary Financing8.5% Rate
$116,700
Blended rate5.86% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,197/mo
Assumable @ 5.3% + gap
$3,941/mo
$256less per month
$256
per month
$3,072
per year
$92,158
over 30 years

🏦 Loan Details

List Price
$699,000
Assumable Rate
5.3%
Remaining Balance
$548,155
Loan Type
FHA
Est. Equity Gap
$151,650
Annual Taxes
$5,132
HOA/mo
$250

About This Home

Turnkey, beautifully updated and ready to enjoy—with an incredible private backyard that may just become your favorite room of the house. Set on a quiet street in Centennial’s Ridgeview Hills, this 4-bedroom tri-level—with 3 conforming bedrooms plus a flexible nonconforming garden-level bedroom—offers 1,832 finished square feet (2,420 total) on an oversized 9,845-square-foot lot. Step inside to vaulted ceilings, abundant natural light and immaculate oak hardwood floors. The remodeled kitchen shines with quartz countertops, stainless appliances and custom cabinetry, flowing effortlessly into the dining and living spaces. French doors open to a spacious patio and lush, beautifully maintained fenced backyard that feels like its own private escape—perfect for morning coffee, summer dinners, gardening, entertaining or simply slowing down at the end of the day. Upstairs, 3 conforming bedrooms include a primary suite with remodeled 3/4 bath, plus an additional remodeled full bath. The garden level creates an entirely separate living space with a wood-burning brick fireplace and plenty of room for a large sectional AND home office, plus the nonconforming 4th bedroom with laundry that can flex as a gym, office, hobby or play space. Need even more room? The 588-square-foot unfinished basement offers fantastic workshop, storage and future finishing potential. Newer windows, roof, furnace, A/C, water heater, electrical panel, sprinkler system, sod, landscaping and lighting mean so much of the heavy lifting has already been done. Even the 2-car garage impresses with fresh epoxy floors and a spotless finish. DTC, Littleton Public Schools, parks and trails including the Highline Canal trails, Goodson Rec Center, Club Greenwood, Streets at SouthGlenn, Cherry Hills Marketplace, groceries, dining and I-25 are all within easy reach. Thoughtfully designed, incredibly cared for and even better in person—come experience this one for yourself!

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
$699,000
5.3% rateFHASave $971/mo

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