NOT LISTED FOR SALE

5424 Zephyr St Unit 202 Arvada, CO 80002

Estimated Value: $404,918 - $423,000

2 Beds
1 Bath
971 Sq Ft
$317/mo HOA Fee

Last Sold December 22, 2020

Last sale price $325,000 $335 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,823/month

1 Day on Market

Highlights

  • Fitness Center
  • Clubhouse
  • High Ceiling
  • Outdoor Pool
  • End Unit
  • Front Porch

About This Home

As of December 2020

Come make your home in Olde Town Arvada in this well maintained 2 BR/1BA condo. This quiet upper-level condo contains a master bedroom and bath on the main level, an open floor plan area with living/dining/kitchen, a cozy gas fireplace, a loft bedroom, vaulted ceilings, completely re-carpeted, and an oversized private attached 1 car garage. The condo HOA community maintains a vibrant landscaping with pocket green spaces throughout, a pool, heated spa, exercise gym, and a club house. The home is within walking distance to OldeTown Arvada which hosts an eclectic array of cafes, restaurants, bakery, brewery’s, coffee shops, live music venues, its own local guitar shop, movie theater, and yoga/Crossfit/bike shops for those with an active lifestyle. Every summer Olde Town hosts community festivals, weekly outdoor music concerts, and a lively Farmers Market.  The condo is conveniently located as a great hub location; its within walking distance to the Light-rail with easy access to downtown Denver and the airport, easy access to I70 and ski resorts, and a 15-minute drive to Historic downtown Golden and hiking trails. This is a lifestyle opportunity you don’t want to miss.

Last Agent to Sell the Property

Alex Chapman

Compass - Denver License #100070635 Listed on: 11/19/2020

Compass - Denver

Co-Listed By

Chrystina Fox

JPAR Modern Real Estate License #100088107

Last Buyer's Agent

Rozie Fitzmier

RE/MAX Alliance License #100012034

RE/MAX Alliance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,885

Year Built

  • Built in 2006

Lot Details

  • End Unit

HOA Fees

  • $317 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 971 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Living Room with Fireplace
  • Dryer

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Outdoor Pool
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Washer/Dryer, seller personal property
  • Assessor Parcel Number 449070

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • Water Tower Village Association, Phone Number (303) 232-9200
  • Low-Rise Condominium
  • Water Tower Village Condos Supp 18 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,885

Year Built

Built in 2006

Lot Details

0

HOA Fees

$317 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 971
  • Entry Location: Stairs
  • Exclusions: Washer/Dryer, seller personal property
  • Living Area: 971
  • SubdivisionName: Water Tower Village Condos Supp 18
  • Co List Office Mls Id: RECCCLL2
  • Co List Office Phone: 303-536-1786
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 1
  • Ratio Close Price By Original Li: 1.01594
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator
  • Fireplaces: 1
  • Interior Amenities: High Ceilings, Laminate Counters
  • Flooring: Carpet, Linoleum
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Common Walls: End Unit
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Patio and Porch Features: Front Porch
  • Pool Features: Outdoor Pool
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Association Name: Water Tower Village
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee: 317
  • Phone: 303-232-9200
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3804.00
  • REC_AssociationFeeTotalAnnual: 3804.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 449070
  • Building Area Total: 971

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1885

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 16, 2020
Sold by
Guram Rani
Bought by
Colburn Thomas W and Colburn Denise F
Seller's Agent
Alex Chapman
Compass - Denver
Buyer's Agent
Rozie Fitzmier
RE/MAX Alliance
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Total Days on Market
1
Current Estimated Value
$414,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,230
Avg. Annual Appreciation
5.59%
Original Mortgage
$225,000
Outstanding Balance
$202,154
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$212,076

Purchase Details

Closed on
Dec 30, 2017
Sold by
Guram Rani Tanya
Bought by
Guram Rani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2015
Sold by
Fenton Tyler R and Fenton Carly F
Bought by
Guram Rani Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,997
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2013
Sold by
Fenton Robert F and Fenton Lorelle K
Bought by
Fenton Tyler R and Fenton Carly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2006
Sold by
Water Tower Village Lllp
Bought by
Norstar Residential Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,369
Interest Rate
6.15%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 2006
Sold by
Norstar Residential Lllp
Bought by
Fenton Tyler Robert and Fenton Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,369
Interest Rate
6.15%
Mortgage Type
FHA
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
Colburn Thomas W $325,000 Heritage Title Company
Guram Rani -- None Available
Guram Rani Tanya $227,000 Ascendant Title Company
Fenton Tyler R $150,400 None Available
Norstar Residential Lllp -- Fahtco
Fenton Tyler Robert $166,949 Fahtco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colburn Thomas W $225,000
Previous Owner Guram Rani $215,000
Previous Owner Guram Rani Tanya $216,997
Previous Owner Fenton Tyler R $150,400
Previous Owner Fenton Tyler Robert $158,054
Previous Owner Fenton Tyler Robert $164,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $325,000 +1.6% $335 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $319,900 -- $329 / 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 $2,168 $22,352 -- $22,352
2023 $2,168 $22,352 $0 $22,352
2022 $2,399 $24,496 $0 $24,496
2021 $2,439 $25,201 $0 $25,201
2020 $1,911 $19,803 $0 $19,803
2019 $1,885 $19,803 $0 $19,803
2018 $1,325 $13,528 $0 $13,528
2017 $1,213 $13,528 $0 $13,528
2016 $1,378 $14,313 $1 $14,312
2015 $1,026 $14,313 $1 $14,312
2014 $1,026 $10,134 $1 $10,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9597215

REcolorado®

APN: 39-142-15-171