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Closed
Closed

$485,000

($267,773 down)
FHA

1359 N Stratton Avenue, Castle Rock, CO 80104

3
3
1,495 sqft
PITI Monthly
$2,172.35 /mo

Listing courtesy of: Michelle Johnson, Keller Williams Action Realty LLC

Assumed Rate

4.05%
7.15%

Principal & Interest

$1,363 /mo
$1,917 /mo
$99,916 in interest paid off

What's Special

SHOPPING
DINING
SPACIOUS
VAULTED CEILINGS
WALK-IN CLOSET
EN SUITE BATHROOM
PATIO
COMMUNITY POOL
QUIET NEIGHBORHOOD
CHARMING
COZY
Don't miss out on the opportunity to make this home your own!! It all begins when you are greeted by the charming covered porch in which you can
start your morning out right with the relaxing, peaceful vibes the neighborhood has to offer. Once you enter this property you are welcomed with
vaulted ceilings, creating an open and spacious feel throughout the kitchen and living room. The highlight of this home is all the natural light that
shines in from the windows above. Laundry is located on the main level across from a conveniently built in bench that creates a function... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 5 months
Monthly PITI
$2,172.35/mo
Estimated Loan Balance
$305,793
Cash to close
$267,773
Interest Paid
$99,916

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2002
Details
  • Builder: Richmond American Homes

Community & HOA

Community
  • Subdivision: Founders Village
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Founders Village Master Association, Inc.
  • HOA Amenities: Unknown
  • HOA Fee: $55
  • HOA Frequency: $Quarterly
Location
  • Region: Castle Rock

Financial Details

  • Price per Sqft: $324.41
  • Tax Annual Amount: $5301
  • On Market Date: Jul 12, 2024
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Savings Calculator

Current cash to close is $267,773 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$
0%20%50%

You cover the entire equity of $267,773!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$217,227
Your Cash:$267,773
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,363/mo
Traditional @ 7.15%
$1,988/mo
You save $625/month ($7,501/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9046618

Listing From: recolorado

Last updated: Oct 01, 2024 06:11pm

© 2025, recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.05%
7.15%

Principal & Interest

$1,363 /mo
$1,917 /mo
$99,916 in interest paid off
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $267,773 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$
0%20%50%

You cover the entire equity of $267,773!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$217,227
Your Cash:$267,773
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,363/mo
Traditional @ 7.15%
$1,988/mo
You save $625/month ($7,501/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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