NOT LISTED FOR SALE

Estimated Value: $713,916

1.03 Acres
$693,122 Price per Acre
44,867 Sq Ft Lot

Last Sold December 13, 2022

Last sale price $649,000

Est. 10% increase in value since last sale

Current estimated payment $5,129/month

Highlights

  • 1.03 Acre Lot
  • Mountain View
  • Secluded Lot
  • Drake Junior High School Rated A-
  • Meadow
  • No HOA

About This Lot

As of December 2022

Build your dream home on the last available lot in Pennington Acres in Arvada! This lot, in unincorporated Jefferson County at the end of a private road, has stunning mountain views and space to spread out in a quiet neighborhood. This is a large flat lot encompassing almost 1.25 acres that includes an additional 0.21 acre attached parcel to the East. The property is ideally located with a short commute to downtown Denver, Arvada, Golden, Boulder, grocery stores, restaurants and the mountains. Enjoy the outdoors and an active lifestyle with easy access to parks, bike paths, the mountains and trails. Included in the purchase of the property are two complete sets of custom house plans, including structural engineering, wastewater treatment designs, erosion control plans, and a soils report. One set of plans also has a current APPROVED building permit from Jefferson County, allowing you to break ground on day one. Additionally, the zoning for this unique 4-lot micro community allows for two dwelling units on each lot, creating endless possibilities for homesteads or income potential. Don't miss your chance to make your dreams a reality on this incredible parcel.

Last Agent to Sell the Property

Sara Lynn

Porchlight Real Estate Group License #100029278 Listed on: 11/10/2022

Porchlight Real Estate Group

Last Buyer's Agent

Sara Lynn

Porchlight Real Estate Group License #100029278 Listed on: 11/10/2022

Porchlight Real Estate Group

Property Details

Property Type

  • Land

Lot Details

  • 1.03 Acre Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Meadow
  • Development of the land is complete
  • Property is zoned A2

Parking

  • Shared Driveway

Property Views

  • Mountain
  • Meadow

Utilities

  • Electricity To Lot Line
  • Septic Tank

Community Details

  • No Home Owners Association
  • Pennington Acres Subdivision
  • Foothills
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 503702

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: N/A
  • Directions: From Ward and 58th Ave, head West 0.6 miles. Turn North on Arbutus Street, head .2 miles. Property is directly North.
  • SubdivisionName: Pennington Acres
  • Ownership: Individual
  • REC_ExpectedActiveDate: 2022-11-16
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Special Features: VirtualTour

Exterior Features

  • View: Meadow, Mountain(s)
  • Road Frontage Type: Shared Drive
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity To Lot Line, Natural Gas Available
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Lot Info

  • Parcel Number: 503702
  • Lot Size Acres: 1.03
  • Lot Features: Corner Lot, Ditch, Foothills, Greenbelt, Level, Meadow, Secluded, Sloped
  • Lot Size Sq Ft: 45073
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 11165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2022
Sold by
Esther Flammer
Bought by
Punt Cassidy and Punt Megan
Current Estimated Value
$713,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 31, 2021
Sold by
Mt Llc
Bought by
Flammer Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Punt Cassidy $618,000 New Title Company Name
Flammer Esther $525,000 Ascendant Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Punt Cassidy $463,500
Previous Owner Flammer Esther $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $649,000 0.0% --
11/14/2022 11/14/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $649,000 -- --
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 $14,232 $149,451 $149,451 --
2023 $14,232 $149,451 $149,451 $0
2022 $11,331 $117,627 $117,627 $0
2021 $11,165 $117,627 $117,627 $0
2020 $7,793 $82,168 $82,168 $0
2019 $7,678 $82,168 $82,168 $0
2018 $2,572 $26,679 $26,679 $0
2017 $21 $235 $235 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6269051

REcolorado®

APN: 39-074-01-063