Michael Graham

Michael Graham

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$539,000

($174,020 down)
FHA

10517 Madison Street, Thornton, CO 80233

4
3
1,892 sqft
PITI Monthly
$2,397.75 /mo

Listing courtesy of: Luke Mehrens, Rhythm Real Estate, LLC

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,697 /mo
$2,739 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
PATIO
PRIVATE BACKYARD
MATURE TREES
CUL-DE-SAC
CHARMING
COZY

Nestled in a quiet cul-de-sac full of trees, this charming traditional 2-story home offers 4 spacious bedrooms and 3 bathrooms across 2,372 total sq ft. The sun-drenched, south-facing layout features an open-concept design with an updated kitchen boasting modern finishes, seamlessly flowing into the inviting family room with a cozy fireplace—perfect for gatherings. The primary suite includes a full bathroom and walk-in closet, while an additional full bath and a stylishly updated half bath on the main level offer comfort and convenience. Step outside to a private backyard with a newer patio, surrounded by mature trees for shade and serenity. A large laundry room, 2-car garage, and an unfinished basement give you room to grow and customize. Located under 5 minutes from grocery stores, restaurants, and shopping, this home blends peaceful living with everyday convenience. Don’t miss your opportunity to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,397.75/mo
Estimated Loan Balance
$367,376
Cash to close
$174,020
Interest Paid
$51,077

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
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: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Colony Glen
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Colony Glen HOA - Managed by PMI Pikes Peak
  • HOA Amenities: Unknown
  • HOA Fee: $210
  • HOA Frequency: $Monthly
Location
  • Region: Thornton

Financial Details

  • Price per Sqft: $284.88
  • Tax Annual Amount: $2967
  • On Market Date: 2025-05-02T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $174,020 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $174,020!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$364,980
Your Cash$174,020
Total Purchase Price:$539,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,697/mo
Traditional @ 7.15%
$2,841/mo
You save $1,144/month ($13,733/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4637138

Listing From: recolorado

Last updated: 2025-05-02T22:25:17.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,697 /mo
$2,739 /mo
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 $174,020 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $174,020!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$364,980
Your Cash$174,020
Total Purchase Price:$539,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,697/mo
Traditional @ 7.15%
$2,841/mo
You save $1,144/month ($13,733/year)

*Secondary financing rates are an estimated value based on input

Follow Us
exp realty
Agent/Broker
Michael Grahamexp realty(480) 628-9392michael@grahamgroupaz.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than exp realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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