NOT LISTED FOR SALE

5408 Zephyr Ct Unit 5408 Arvada, CO 80002

Estimated Value: $511,000 - $541,000

2 Beds
2.5 Baths
1,358 Sq Ft
$388/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $425,000 $313 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,358/month

2 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • No Units Above
  • Open Floorplan
  • Deck

About This Home

As of September 2020

A turnkey and move-in ready brick facade townhome located on a welcoming and quiet street in Water Tower Village. Walking distance to Olde Town Arvada and the Light Rail Station on Grandview Blvd, as well as the commercial district on Wadsworth. An open concept on the main level with an updated kitchen, dining area, and family room with a fireplace, plus a bonus coffee nook / home office and a tastefully designed powder room. Two bedrooms on the 2nd floor. A master suite with a thoughtfully updated bathroom and a nice sized walk-in closet. Two outdoor living spaces - a patio on the 1st level and a balcony overlooking the street on the 2nd. The tandem 2-car garage is oversized for extra storage options, there is street parking as well. The HOA includes access to the swimming pool, gym and clubhouse. An outstanding opportunity in Olde Town Arvada.

Last Agent to Sell the Property

Wayne Keith

Six Seasons Realty LLC Listed on: 08/06/2020

Last Buyer's Agent

Sergio Nazzaro

8z Real Estate License #100052589

8z Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,378

Year Built

  • Built in 2006

Lot Details

  • 3,440 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Dry Walled Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,358 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: Curtain rods and curtains located in the following rooms - master bedroom, second bedroom and living room. Chest freezer & metal storage shelf located in the garage. Baby monitor/cameras. Sellers Personal Property.
  • Assessor Parcel Number 448638

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, recycling, snow removal, trash, water
  • 5 Units
  • Colorado Management & Associates Association, Phone Number (303) 468-3721
  • Water Tower Village Condos Community
  • Olde Town Arvada Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,378

Year Built

Built in 2006

Lot Details

0

HOA Fees

$317 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: Townhouse
  • Levels: Three Or More
  • Building Name: Water Tower Village Condos
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1358
  • Entry Location: Ground
  • Exclusions: Curtain rods and curtains located in the following rooms - master bedroom, second bedroom and living room. Chest freezer & metal storage shelf located in the garage. Baby monitor/cameras. Sellers Personal Property.
  • Living Area: 1358
  • Pets Allowed: Cats OK, Dogs OK
  • SubdivisionName: Olde Town Arvada
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 1.01796
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Primary Suite, Open Floorplan, Pantry, Walk-In Closet(s)
  • Flooring: Carpet, Linoleum, Tile, Wood
  • Fireplace Features: Gas, Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: No One Above, No One Below, 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Window Features: Double Pane Windows, Skylight(s), Window Coverings

Exterior Features

  • Direction Faces: West
  • Roof: Other
  • Construction Materials: Brick, Frame
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Dry Walled, Storage, Tandem
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit, Laundry Closet

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash, Water
  • Association Name: Colorado Management & Associates
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
  • Association Fee: 316.6
  • Phone: (303) 468-3721
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3799.20
  • REC_AssociationFeeTotalAnnual: 3799.20
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 448638
  • Lot Size Acres: 0.08
  • Fencing: None
  • Building Area Total: 1358
  • Lot Size Sq Ft: 3440

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2378

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 8, 2020
Sold by
Bucar Nathan F and Bucar Sara E
Bought by
Frank And Terry Derchia Trust
Seller's Agent
Wayne Keith
Six Seasons Realty LLC
Buyer's Agent
Sergio Nazzaro
8z Real Estate
List Price
$417,500
Sold Price
$425,000
Premium/Discount to List
$7,500
1.8%
Total Days on Market
2
Current Estimated Value
$527,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,544
Avg. Annual Appreciation
4.35%
Original Mortgage
$217,500
Outstanding Balance
$195,195
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$325,181

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bucar Nathan F
Bought by
Bucar Nathan F and Bucar Sara E

Purchase Details

Closed on
Aug 14, 2015
Sold by
Jamieson Scott M
Bought by
Bucar Nathan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2005
Sold by
Norstar Residential Lllp
Bought by
Jamieson Scott M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,189
Interest Rate
5.46%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Frank And Terry Derchia Trust $425,000 8Z Title
Bucar Nathan F -- None Available
Bucar Nathan F $302,500 First American
Jamieson Scott M $190,941 Fahtco
Norstar Residential Lllp -- Fahtco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank And Terry Derchia Trust $100,000
Open Frank And Terry Derchia Trust $217,500
Previous Owner Bucar Nathan F $285,000
Previous Owner Jamieson Scott M $216,000
Previous Owner Norstar Residential Lllp $38,189
Previous Owner Jamieson Scott M $152,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $425,000 +1.8% $313 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $417,500 -- $307 / 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 $2,891 $29,804 $6,332 $23,472
2023 $2,891 $29,804 $6,332 $23,472
2022 $2,455 $25,068 $4,379 $20,689
2021 $2,496 $25,789 $4,505 $21,284
2020 $2,410 $24,979 $4,290 $20,689
2019 $2,378 $24,979 $4,290 $20,689
2018 $2,066 $21,102 $3,600 $17,502
2017 $1,891 $21,102 $3,600 $17,502
2016 $1,842 $19,359 $5,572 $13,787
2015 $1,585 $19,359 $5,572 $13,787
2014 $1,585 $15,650 $2,229 $13,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8324487

REcolorado®

APN: 39-142-15-111