$425,000
Peoria, AZ 85345
MLS# 7029715
3 beds | 2 baths
1 / 9
Property Description
2.5% interest rate assumable VA loan. Once in a lifetime opportunity for investors and veterans. Welcome to 8803 W Orchid Ln featuring an assumable 40 year VA mortgage with an incredibly low 2.5% interest rate and no occupancy requirement for assumption, creating a rare opportunity for both owner occupants and investors alike. This well kept home offers the chance to secure a payment far below today's market rates while building long term wealth and cash flow potential. Opportunities like this are extremely hard to find in today's market. Whether you are a veteran looking to maximize your VA benefits or an investor searching for low interest financing, this property stands out from the rest.
Details
Maps
Contract Information
List Price: $425,000
Status: Active
Current Price: $425,000
List Date: 2026-05-17
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 8803
Compass: W
Street Name: Orchid
St Suffix: Lane
City/Town Code: Peoria
State/Province: AZ
Zip Code: 85345
Zip4: 2510
Country: US
County Code: Maricopa
Assessor Number: 142-35-063
Subdivision: WESTGREEN ESTATES UNIT 4 PHASE 1
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Approx SQFT: 1931
Price/SqFt: 220.09
Horses: N
Builder Name: UNKNOWN
Year Built: 1988
Approx Lot SqFt: 8098
Approx Lot Acres: 0.186
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: Yes
Fireplaces Total: 1
Elementary School District: Peoria Unified School District
High School District: Peoria Unified School District
Elementary School: Cotton Boll School
Jr. High School: Cotton Boll School
High School: Raymond S. Kellis
Remarks Misc
Cross Street: 89th Avenue and Olive
Geo Lat: 33.560351
Geo Lon: -112.248685
Legal Info
Township: 3N
Range: 1E
Section: 34
Lot Number: 59
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Carport Spaces: 3
Total Covered Spaces: 5
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Add'l Property Use: None
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity
Master Bedroom: Split
Additional Bedroom: Master Bedroom Walk-in Closet
Fireplace Features: Exterior Fireplace
Flooring: Laminate; Linoleum; Vinyl
Window Features: Dual Pane
Spa: None
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Electric Cooktop; Dishwasher; Refrigerator
Laundry: Washer Hookup; Inside
Interior Features: Vaulted Ceiling(s); No Interior Steps
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Storage; Other
Parking Features: Direct Access; Garage Door Opener; RV Gate
Road Responsibility: City Maintained Road
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Cooling: Central Air
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Property Description: North/South Exposure
Landscaping: Gravel/Stone Front; Synthetic Grass Frnt; Synthetic Grass Back
Lockbox Type: Supra
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: VA
Existing 1st Loan Terms: Assume - Qualify
New Financing: Cash; VA; FHA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Realty ONE Group
Last Updated: May - 20 - 2026
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Broker Attribution:
4804324849