NOT LISTED FOR SALE

Estimated Value: $554,000 - $723,444

3 Beds
3 Baths
1,735 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

Last sale price $705,000 $406 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,944 / mo

18 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • East Facing Home
  • No HOA
  • Hot Water Heating System
  • Partially Fenced Property

About This Home

As of January 2025

Adorable triplex in the PERFECT location- Olde Town Arvada. A rare opportunity to be within steps of shops, restaurants, the light rail, etc. Each unit is about the same size & floor plan. All three units are in good, rentable shape. 5603 Yarrow has been updated with new flooring, updated bath, etc. 5605 Yarrow & 5607 Yarrow have not had many recent updates but do have the original historic wood floors & charm. Each unit has it's own gas & electrical service, hot water baseboard heat (all separate boilers) and all three have laundry rooms with washer/dryers. The yards could be configured so that each unit could have their own private outdoor space. There are THREE one car garages, three off street parking spaces and a large storage shed. The city of Arvada has rezoned the neighborhood to preserve the historic charm & values and will not allow a tear down & rebuild of 3 units. According to the city's updated zoning rules, It would have to be single family. Buyer to verify. These units offer exciting upgrade opportunities, with significant potential for rental growth. Could also be a lovely place to call home with rental income to help with the mortgage!

Last Agent to Sell the Property

Shell Avery

RE/MAX Professionals Brokerage Email: SHELLAVERY@YAHOO.COM,303-999-5567 License #1320695 Listed on: 11/08/2024

RE/MAX Professionals

Co-Listed By

Steve Avery

RE/MAX Professionals Brokerage Email: SHELLAVERY@YAHOO.COM,303-999-5567 License #040004612

Last Buyer's Agent

Koren Lavi

Genesis Realty License #100104400

Genesis Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 1945

Lot Details

  • Two or More Common Walls
  • East Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Raised Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,735 Sq Ft Home
  • 1-Story Property
  • Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Lawrence Elementary School
  • Oberon Middle School
  • Arvada High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Olde Town Arvada Subdivision

Listing and Financial Details

  • Exclusions: tenants' property
  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for grounds care, trash collection
  • Assessor Parcel Number 006231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,792

Year Built

Built in 1945

Lot Details

7,841 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 1735
  • Exclusions: tenants' property
  • Living Area: 1735
  • SubdivisionName: Olde Town Arvada
  • Co List Office Mls Id: RECREM13
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.94000
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Refrigerator, Washer
  • Interior Amenities: No Stairs
  • Flooring: Laminate, Wood
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 3

Exterior Features

  • Direction Faces: East
  • Foundation Details: Raised
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit, Main Level

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Oberon

Lot Info

  • Parcel Number: 006231
  • Fencing: Partial
  • Building Area Total: 1735
  • Lot Features: Level

Rental Info

  • Owner Pays: Grounds Care, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3792

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Jan 17, 2025
Sold by
Bought by
Seller's Agent
Shell Avery
RE/MAX Professionals
Buyer's Agent
Koren Lavi
Genesis Realty
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Views
49
Current Estimated Value
$675,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,889
Avg. Annual Appreciation
-2.85%
Original Mortgage
$669,750
Interest Rate
0.0669%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
0.0675%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 6, 1999
Sold by
Bought by

Purchase Details

Closed on
May 10, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 Heritage Title
-- Land Title Guarantee Company
$190,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $669,750
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $705,000 -6.0% $406 / Sq Ft
11/08/2024 11/08/24 For Sale $750,000 -- $432 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,308 $32,083 $13,523 $18,560
2024 $3,792 $39,092 $16,291 $22,801
2023 $3,792 $39,092 $16,291 $22,801
2022 $2,957 $30,198 $16,386 $13,812
2021 $3,073 $31,752 $17,229 $14,523
2020 $2,950 $30,573 $14,996 $15,577
2019 $2,911 $30,573 $14,996 $15,577
2018 $2,103 $21,476 $9,650 $11,826
2017 $1,925 $21,476 $9,650 $11,826
2016 $1,737 $18,257 $5,425 $12,832
2015 $1,510 $18,257 $5,425 $12,832
2014 $1,510 $14,915 $4,384 $10,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2220108

REcolorado®

APN: 39-113-23-023

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