8786 Iris Street
FHA Assumable
6.95% Rate
33 photos
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8786 Iris Street

Arvada, CO 80005

3
Bedrooms
2
Bathrooms
1,440
Sq Ft

Payment Calculator

$4,773
per month, total
$37,900
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?$37,900
$37,900$55,825
Second loan$17,925
%
Blended rate6.96% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,552/mo
Assumable @ 6.95% + gap
$4,773/mo

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
$758,000
Assumable Rate
6.95%
Remaining Balance
$702,174
Loan Type
FHA
Est. Equity Gap
$55,825
Annual Taxes
$4,810
HOA/mo
$170

About This Home

Welcome to The Pond, a community with recreation, outdoor space, and room to gather. Set on a quiet cul-de-sac on a nearly half-acre lot, this beautifully maintained home offers flexible living spaces and primary suites on both levels, offering flexibility for guests, multigenerational living, or a home office. Inside, gleaming hardwood floors, high ceilings, and a gas fireplace add warmth to the main living area. The formal dining room opens to the expansive deck, while the updated kitchen features stainless steel appliances, newly refaced cabinetry, and backyard views. A versatile study with a walk-in closet and adjacent ¾ bath can also serve as a fifth bedroom. The main-level primary suite includes its own gas fireplace and en-suite bath. Upstairs, a second primary suite provides additional flexibility, with two bedrooms and a full bath completing the level. Outside, the nearly half-acre lot provides room to enjoy the outdoors. The massive deck overlooks an expansive fenced backyard with partial mountain views, mature trees along the back fence for added privacy, five raised garden beds, and a garden shed. Recent updates include fresh paint and popcorn ceiling removal. A new refrigerator is included, and the washer and dryer were purchased new with the home. The Pond adds recreation close to home, with access to a private lake and scenic walking trail, clubhouse, swimming pool, two tennis courts, playground, and park. Nearby Standley Lake Regional Park offers walking, running, cycling, fishing, wildlife viewing, nature programs, and seasonal paddling. The Standley Lake Library, within walking distance, offers children's spaces, study rooms, meeting rooms, and community programming. Four parks within a half-mile add nearby places to get outside. With flexible spaces, a generous lot, and recreation woven into the community, this home offers a practical setting for family life, entertaining, gardening, and enjoying the outdoors. See how it fits the next chapter!

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
$758,000
6.95% rateFHA

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