$525,000
SOLD AUG 23, 2024

5358 Allison St Unit B Arvada, CO 80002

2 Beds
4 Baths
1,347 Sq Ft
$265/mo HOA Fee

Recently Sold

$390 Per Sq Ft

5% Below List Price

76 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • Balcony
  • Contemporary Architecture
  • Covered patio or porch
  • 2 Car Attached Garage

About This Home

As of August 2024

Sleek, Nearly New Townhome Located Strolling Distance to the Heart of Olde Town Arvada and Gold Line Light Rail Station! Excellent Investment Opportunity as the Property can be Used for Short Term, Mid Term or Long Term Rentals - a Rare Find for Attached Properties in this Hot Area! (Note: Arvada Currently Allows for Property Owners to Have Up to 3 Short Term Rentals). Enjoy the Light Filled Open Floor Plan Featuring a Gourmet Kitchen with Quartz Slab Counters, Ample Storage and Island with Breakfast Bar. Rich Wood Plank Floors Throughout Main Floor, 10 Foot Ceilings and Expansive Windows Help this Welcoming Property Live Large. A Spacious Living Room Accesses a Covered Porch Area and the 1/2 Bath is Perfect for Your Guests While Entertaining. Upstairs You’ll Find a Gracious Primary Suite with a Four Piece Bath and Nicely Sized Closet. A Second Bedroom Adds a Great Guest or Home Office Area and Includes a Full Bath. The Upstairs Easily Accessible Laundry Adds Yet Another Convenience. The Attached Two Car Side by Side Garage Accesses an Additional 1/2 Bath on that Lower Level, a Unique and Useful Addition. Small, Quiet Community with Petite Common Area. Complex Will Soon Add an Access Gate at Entry for Additional Privacy and Luxury. When Not Enjoying this Premium Residence, Downtown Arvada’s Dining, Retail, Coffee Spots, Wineries and Breweries are Right Up the Street. Great Access to Denver, Boulder and I-70 Corridor.

Last Agent to Sell the Property

Robyn Phipps

Compass - Denver Brokerage Email: robyn@phippsteam.com,720-484-8620 License #40036300 Listed on: 05/16/2024

Compass - Denver

Last Buyer's Agent

Chelsea Caldwell

Weichert Realtors Professionals License #100054644

Weichert Realtors Professionals

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 2019

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,347 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Lawrence Elementary School
  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • Association fees include ground maintenance, snow removal, trash, water
  • 5 Units
  • Colorado Management Specialists Association, Phone Number (303) 690-3932
  • Olde Town Arvada Subdivision

Listing and Financial Details

  • Exclusions: Staging Items and Decor
  • Assessor Parcel Number 505291

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,085

Year Built

Built in 2019

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Urban Contemporary
  • Structure Type: Townhouse
  • Levels: Three Or More
  • Year Built: 2019
  • Above Grade Finished Sq Ft: 1347
  • Entry Location: Exterior Access
  • Exclusions: Staging Items and Decor
  • Living Area: 1347
  • SubdivisionName: Olde Town Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 0.95455
  • Attribution Contact: robyn@phippsteam.com,720-484-8620
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Kitchen Island
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Common Walls: No One Above, No One Below, 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal, Trash, Water
  • Association Name: Colorado Management Specialists
  • Association Fee Frequency: Monthly
  • Association Fee: 265
  • Phone: 303-690-3932
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3180.00
  • REC_AssociationFeeTotalAnnual: 3180.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 505291
  • Building Area Total: 1347

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3085

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Aug 23, 2024
Sold by
Denawa Mai
Bought by
Arpin Kevin
Seller's Agent
Robyn Phipps
Compass - Denver
Buyer's Agent
Chelsea Caldwell
Weichert Realtors Professionals
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Total Days on Market
76
Views
531
Current Estimated Value
$531,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,430
Avg. Annual Appreciation
1.50%
Original Mortgage
$420,000
Outstanding Balance
$417,494
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$113,936

Purchase Details

Closed on
Nov 26, 2018
Sold by
5360 Allison Llc
Bought by
Denawa Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 Land Title Guarantee
Special Warranty Deed $405,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $348,156 New Conventional
Previous Owner $353,000 New Conventional
Previous Owner $355,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $525,000 0.0% $390 / Sq Ft
07/12/2024 07/12/24 Price Changed $525,000 -1.9% $390 / Sq Ft
06/11/2024 06/11/24 Price Changed $535,000 -2.7% $397 / Sq Ft
05/16/2024 05/16/24 For Sale $550,000 -- $408 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,085 $30,957 $7,914 $23,043
2023 $3,085 $30,957 $7,914 $23,043
2022 $2,858 $28,502 $5,473 $23,029
2021 $2,900 $29,323 $5,631 $23,692
2020 $2,695 $27,280 $5,363 $21,917
2019 $2,659 $27,280 $5,363 $21,917
2018 $851 $8,487 $8,487 $0
2017 $197 $2,143 $2,143 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2457721

REcolorado®

APN: 39-142-08-124