5228 Routt St # B, Arvada, CO 80002
3 beds · 3 baths · 1,562 sqft
HUGE PRICE DROP!!! Well-appointed 3-bedroom, 3-bathroom half-duplex in Haskins Station by Richmond American. The Chicago floor plan greets you with a covered front patio and handrail for the stairs. Inside, the kitchen impresses with quartz countertops, GE stainless steel appliances (including a gas stove), a wide center island with bar seating, pantry, and breakfast nook. The dining room is perfect for gatherings, and the living room opens to a private north-facing patio through sliding doors, ideal for grilling. The main level includes a half bath and a 2-car garage with a private alleyway. Upstairs, find three bedrooms, including a primary suite with an extended vanity, his-and-her sinks, a standing shower, and a walk-in closet. The guest bathroom has a full tub, and there's a laundry area with a GE washer and dryer. Natural light fills the home, enhanced by can lighting and updated double-pane windows. LVP flooring covers the main level, with carpeted stairs and upper level. With $41,050 in upgrades, including an upgraded kitchen, windows in the master bedroom, quartz countertops, master vanity, carpet/pad, and all bathrooms. Features include composite concrete siding with stone accents, a high-efficiency HVAC system, electric hot water heater (2022), sump pump, and an insulated crawl space. The metro district HOA covers common area grounds, snow removal, nearby parks, soccer fields, and trails. Trash & recycling are managed by the city. This home is listed at $600K. The last home sold for $599K on June 18, 2024. The location is excellent, 7 minutes to Old Town Arvada and 20-30 minutes to Union Station. This move-in ready home is in the desirable Haskins Station community in Arvada. It offers easy access to the mountains, nearby walking trails, and is within the highly regarded Jefferson County R-1 school district. With a prime location, this property offers the perfect blend of outdoor adventure and suburban living.
Source: RECO #4034456
Source: RECO #4034456
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #4034456
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