5370 Nolan Street
FHA Assumable
5.41% Rate
38 photos
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5370 Nolan Street

Arvada, CO 80002

4
Bedrooms
2
Bathrooms
1,980
Sq Ft

Payment Calculator

$3,312
per month, total
$30,000
cash you bring

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?$30,000
$30,000$108,611
Second loan$78,611
%
Blended rate5.70% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,603/mo
Assumable @ 5.41% + gap
$3,312/mo
$291less per month
$291
per month
$3,489
per year
$104,675
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$600,000
Assumable Rate
5.41%
Remaining Balance
$491,388
Loan Type
FHA
Est. Equity Gap
$108,611

About This Home

Hard to find in this part of Arvada, this 1968 brick ranch combines 1,060 square feet of main-level living with a full-size finished lower level, creating approximately 2,014 finished square feet and an unusually flexible five-bedroom, two-bath layout. Set in Columbine Acres on a combined two-lot parcel totaling approximately 6,011 square feet, the home is close to a neighborhood park, gas stations and everyday conveniences, with Olde Town Arvada and the G Line station just blocks away. The main level includes three bedrooms and a full bath. French doors connect the primary bedroom with an adjoining bedroom, offering flexibility for an office, nursery, sitting room or dressing room. The finished lower level adds two oversized bedrooms with full-size, entirely above-grade windows, a second full bath with a walk-in soaking tub, a separate living area with an egress window, and a large laundry room. The configuration offers genuine in-law-style possibilities and future kitchenette potential, subject to buyer verification and applicable requirements. Additional features include replacement windows throughout, central air conditioning, in-ground sprinklers in the front and rear yards, and a detached oversized garage with a side-access door and a dedicated workshop area equipped with benches and cabinets. A double-sided storage shed and an above-ground pool positioned on a poured-concrete pad add even more functionality. This is a distinctive opportunity for buyers seeking main-level convenience, substantial finished lower-level space and flexible secondary living areas near Olde Town Arvada. Buyer to verify all information, including but not limited to square footage, room use, lot size, taxes, school assignments, permitting and future kitchenette feasibility.

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
$600,000
5.41% rateFHASave $291/mo

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