NOT LISTED FOR SALE

Estimated Value: $538,000 - $591,000

3 Beds
2.5 Baths
1,560 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $599,950 $385 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,273/month

61 Days on Market

Highlights

  • Under Construction
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Drake Junior High School Rated A-
  • Open Floorplan
  • Property is near public transit

About This Home

As of July 2023

HUGE BUILDER DISCOUNT! INCLUDES BUILDER UPGRADES! Raston Terrace construction has begun. All 2-Story Bristol and Coventry units. Arvada is a walkable area with lots of character—one of those hometowns where families stay for generations. Locally-owned shops, restaurants, and businesses are part of the welcoming landscape of this safe, active community. Recreation is also woven into the area, with so many ways to feed your appetite for the great outdoors. The Apex Recreation Center, Apex Tennis Center, Stenger Soccer Complex, Apex Field House, and both the Indian Tree and West Woods Golf Courses deliver non-stop opportunities for fun and fitness—and it’s all available to Arvada residents. Culture and high-quality education expand the appeal of living in this Denver suburb. Ralston Terrace at Arvada Overlook brings the convenience of townhome living in a great location. Just 11 blocks from the light rail, you can make your way into Denver with ease on the G line. Then come home again to a unique neighborhood that cultivates an atmosphere of friendships, sustainability, and passion for the quality of life that Coloradans embrace. Terrace TownHomes is planning a total of 49 patio townhomes at Ralston Terrace at Arvada Overlook. When you consider the design elements, included features, amenities, and location, you’ll be amazed at the home and life you can have here. THIS UNIT IS CURRENTLY SCHEDULED FOR AN JUNE/JULY 2023 DELIVERY.

Last Agent to Sell the Property

Lance Chayet

Hanover Realty Brokerage Email: Colorado@Realtor.com,303-399-9000 License #315761 Listed on: 03/23/2023

Hanover Realty

Last Buyer's Agent

Sree Rayalla

EXIT Realty DTC, Cherry Creek, Pikes Peak. License #100080925

EXIT Realty DTC, Cherry Creek, Pikes Peak.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Partially Fenced Property
  • Front Yard Sprinklers
  • Garden

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Insulated Garage
  • Lighted Parking
  • Dry Walled Garage

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Smart Thermostat

Kitchen

  • Double Self-Cleaning Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Smoke Free Home

Schools

  • Allendale Elementary School
  • Oberon Middle School
  • Arvada West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • High-Efficiency Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6391NELSONWAY

Community Details

Overview

  • Association fees include reserves, insurance, irrigation, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash
  • 5 Units
  • Community Management Specialists Association, Phone Number (720) 377-0100
  • Ralston Terrace Subdivision, Bristol Floorplan
  • Ralston Terrace Community
  • Community Parking

Amenities

  • Community Garden

Recreation

  • Park

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,000

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Architectural Style: Contemporary, Mid-Century Modern, Urban Contemporary
  • Structure Type: Townhouse
  • Levels: Two
  • Building Name: Ralston Terrace
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1560
  • Entry Location: Exterior Access
  • Exclusions: NONE
  • Living Area: 1560
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
  • Property Condition: New Construction, Under Construction
  • Directions: I-70 to Kipling - Kipling turns into Ralston Rd. West on W. 63rd Pl. to Nelson St. Model Address 6370 Nelson Way, Arvada, CO
  • SubdivisionName: Ralston Terrace
  • Ownership: Builder
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • Ratio Close Price By Original Li: 0.90038
  • New Home Community URL: www.MyTerraceTownHomes.com
  • New Home Current Promotions: ASK US ABOUT OUR INTEREST RATE FIGHTER PROGRAM!
  • Attribution Contact: Colorado@Realtor.com,303-399-9000
  • Special Features: NewHome

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wired for Data
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick, Stucco, Wood Siding
  • Exterior Features: Garden
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Alley Paved, Paved

Garage/Parking

  • Parking Features: Dry Walled, Insulated Garage, Lighted, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 26
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit, Laundry Closet
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash
  • Association Name: Community Management Specialists
  • Association Fee Frequency: Monthly
  • Association Amenities: Garden Area, Park, Parking
  • Association Fee: 250
  • Phone: 720-377-0100
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3000.00
  • REC_AssociationFeeTotalAnnual: 3000.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.cms-hoa.com/

Schools

  • Middle Or Junior School: Oberon

Lot Info

  • Parcel Number: 6391NELSONWAY
  • Fencing: Partial
  • Building Area Total: 1560
  • Lot Features: Near Public Transit, Sprinklers In Front

Green Features

  • Green Energy Efficient: Construction, Doors, HVAC, Insulation, Lighting, Thermostat, Water Heater, Windows

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3000

MLS Schools

  • Elementary School: Allendale
  • High School: Arvada West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jul 12, 2023
Sold by
Ralston Terrace Llc
Bought by
Sethuraman Latha
Seller's Agent
Lance Chayet
Hanover Realty
Buyer's Agent
Sree Rayalla
EXIT Realty DTC, Cherry Creek, Pikes Peak.
List Price
$666,330
Sold Price
$599,950
Premium/Discount to List
-$66,380
-9.96%
Views
4
Current Estimated Value
$564,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,822
Avg. Annual Appreciation
-2.28%
Original Mortgage
$479,960
Outstanding Balance
$469,452
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$100,781
Source: Public Records

Range of Values:

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Average Value
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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
Sethuraman Latha $599,950 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethuraman Latha $479,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $599,950 0.0% $385 / Sq Ft
05/23/2023 05/23/23 Off Market $599,950 -- --
05/23/2023 05/23/23 Pending -- -- --
05/22/2023 05/22/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $599,950 -7.7% $385 / Sq Ft
03/29/2023 03/29/23 Price Changed $649,950 -2.5% $417 / Sq Ft
03/23/2023 03/23/23 For Sale $666,330 -- $427 / 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 $528 $33,331 $6,030 $27,301
2023 $528 $5,444 $5,444 $0
2022 $66 $672 $672 $0
2021 $67 $691 $691 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9917945

REcolorado®

APN: 39-091-09-206