16998 73rd
FHA Assumable
4.98% Rate
50 photos
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16998 73rd

Arvada, CO 80007

3
Bedrooms
3
Bathrooms
1,330
Sq Ft

Payment Calculator

$4,853per month

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?$42,495
$42,495$265,020
Secondary Financing8.5% Rate
$222,525
Blended rate5.95% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$5,103/mo
Assumable @ 4.98% + gap
$4,853/mo
$250less per month
$250
per month
$3,002
per year
$90,070
over 30 years

🏦 Loan Details

List Price
$849,900
Assumable Rate
4.98%
Remaining Balance
$586,656
Loan Type
FHA
Est. Equity Gap
$265,020
Annual Taxes
$4,632
HOA/mo
$525

About This Home

This gutted-to-the-studs-home sits on a .624 acre lot with panoramic views of the Rocky Mountains, Tucker lake, and backing to seemingly infinite Jefferson County Open Space (with walking trails). The current footprint with a finished basement and loft would give you over 2,800sf. With the proposed addition (beautifully crafted by ArcDen Studio and ready to be added on totals 1,125+sf giving the new owner nearly 4,000 sf! All on this massive lot with truly breathtaking views- at every turn. Home is currently stripped at the studs. But new windows, and new fire rated siding have already been completed. If you want to finish out the design from ArcDen, it has gone through all the steps with Arvada, so work can start right away! Or, think up your perfect addition, or what a dream house built here would look like! Permits for the home per the ArcDen addition are approved and can be picked up by the owner wanting to carry on this vision! If not a cash buyer as owner or investor, check out FHA 203K Loans, as well as construction loans through local banks like Vectra! SO many options to make this your dream home on the lake!

Data Source: REcolorado MLS

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
$849,900
4.98% rateFHASave $1,782/mo

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