7136 Otis Street
Arvada, CO 80003
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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.
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
- $510,000
- Assumable Rate
- 6.86%
- Remaining Balance
- $446,230
- Loan Type
- FHA
- Est. Equity Gap
- $63,769
About This Home
CHARMING BRICK RANCH IN LAMAR HEIGHTS! Located on a quiet street with mature trees, this 5-bedroom, 2-bath home offers a fantastic combination of character, space and location! The bright main level features newer paint, tile floors, ceiling fan and a picture window. The sun-filled kitchen offers great natural light with a window over the sink and two additional windows in the dining area. Three bedrooms are conveniently located on the main floor, including a spacious primary bedroom, and a beautifully maintained full bath completes the main level. The finished basement adds tremendous living space with a large family room featuring a gas fireplace, spacious flex/game room, non-conforming bedroom, additional small bedroom or office space, 3/4 bath, storage and laundry. Step outside to the expansive backyard, perfect for entertaining, BBQs, kids, pets and gardening. A storage shed provides plenty of room for tools, while the large lot offers room to build a garage addition. Sprinkler system in both front and back yards. Impact resistant roof, sewer mainline, and water mainline are all new within the last 3 years. Come enjoy all that this Arvada home has to offer at a great price!
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.
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