Laura Jewett

Laura Jewett

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Under Contract

$775,000

($493,562 down)
VA

8800 W 73rd Place, Arvada, CO 80005

3
4
2,118 sqft
PITI Monthly
$1,847.36 /mo

Listing courtesy of: Brittany Krumholz, Emblem Real Estate, Inc.

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,272 /mo
$2,099 /mo

What's Special

FIREPLACE
PATIO
SOLAR PANELS

Check out this truly one-of-a-kind property! Situated on almost a half-acre, this corner lot offers three bedrooms with two full baths in the main house, with a 1/2 bath in the oversized garage and another half bath in the 1440 sq ft workshop attached via enclosed porch, but locked-off to accommodate virtually any use. The main property is updated with a great-room upon entry, gas fireplace, eat-in kitchen, new quartz countertops, tons of storage added in the laundry/utility area, and a full bath on the main level. Upstairs is all three bedrooms and a five-piece bath. The lower level houses mechanicals, a crawl space with new vapor barrier, a bonus storage room, and ultimately walks out to the attached, two-car garage with additional workspace and 1/2 bathroom. The fully-permitted workshop was added to serve as an art studio and features independent temperature control, a half bathroom with space to add a shower if needed, a separate entrance with dedicated walk-way from the side street, and a patio area. The solar panels on workshop are leased and buyer must assume the lease at $106/mo. The lot is fenced with varying heights of fencing, and can accommodate an RV adjacent the circle drive on 73rd. The art studio was a permitted business, and buyers should verify that their use is permitted as well.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,847.36/mo
Estimated Loan Balance
$285,755
Cash to close
$493,562
Interest Paid
$34,893

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Hot Water
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Gas Log, Living Room
  • Flooring: Wood

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
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Paradise Acres
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Arvada

Financial Details

  • Price per Sqft: $365.91
  • Tax Annual Amount: $4303
  • On Market Date: 2025-03-22T00:00:00.000Z
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 $493,562 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $493,562!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$281,438
Your Cash:$493,562
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,272/mo
Traditional @ 7.5%
$2,177/mo
You save $905/month ($10,864/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8199011

Listing From: recolorado

Last updated: 2025-03-25T19:17:20.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,272 /mo
$2,099 /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 $493,562 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $493,562!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$281,438
Your Cash:$493,562
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,272/mo
Traditional @ 7.5%
$2,177/mo
You save $905/month ($10,864/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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 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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