$322,000
SOLD SEP 1, 2023

6485 Quail St Unit B Arvada, CO 80004

Allendale Neighborhood
2 Beds
2.5 Baths
1,721 Sq Ft
$375/mo HOA Fee

Recently Sold

$187 Per Sq Ft

1% Below List Price

0 Day on Market

Highlights

  • Private Yard
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed
  • Patio

About This Home

As of May 2024

Fantastic Investment Opportunity! Fixer Upper Townhome in Arvada.

Welcome to 6485 Quail St #B, Arvada, CO 80004. A prime investment opportunity that's ripe for the taking! This townhome is being offered as-is and is tailor-made for savvy investors seeking to capitalize on a diamond in the rough. Priced attractively at $325,000, this property boasts incredible potential and promises to deliver handsome returns on your investment.

Property Highlights: Conveniently situated in Arvada, this townhome is strategically located for easy access to amenities, transportation, and local attractions. With a total of 1832 sqft, this two-story townhome offers ample space for creative enhancements and improvements. Featuring 2 bedrooms and 3 bathrooms, there's room to configure and update to maximize rental income or resale value. A covered carport with one parking spot ensures convenience and protection from the elements.

*Investor's Dream* Designed with investors in mind, this property presents a golden opportunity to make a lasting impact on your real estate portfolio. All cosmetic work needed, this townhome offers a standard rehab project, making it an ideal canvas to bring your vision to life. Priced well below market value, this fixer-upper promises substantial equity gains once rejuvenated, making it a wise investment choice. With its prime location and after the necessary upgrades, this property has the potential to generate strong rental income, ensuring a steady cash flow.

Side Note: Laminate flooring material for remainder of space is in townhome and ready to be laid (included in price).


Contact us today to arrange a showing and explore the incredible potential that awaits at 6485 Quail St #B, Arvada.
For more information contact: Brandon Lerner 719-301-2528.

Last Agent to Sell the Property

Brandon Lerner

Cedar Properties LLC License #100102673 Listed on: 08/07/2023

Co-Listed By

Madison McElhaney

Action Properties Inc License #100100727

Last Buyer's Agent

Kc Hutchings

Resident Realty Colorado License #100101893

Resident Realty Colorado

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 1974

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Private Yard

Listing and Financial Details

  • Exclusions: NA
  • Assessor Parcel Number 092830

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • Lcm Property Management Association, Phone Number (303) 221-1117
  • Orchard Square Subdivision

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,747

Year Built

Built in 1974

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Structure Type: Townhouse
  • Levels: Two
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 1221
  • Exclusions: NA
  • Living Area: 1721
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Fixer
  • Directions: Take I-25 N to Kipling St in Wheat Ridge. Take exit 267 from I-70 W. Follow Kipling St, Kipling Pkwy and Ralston Rd N to Simms St Quail street will be on your right.
  • SubdivisionName: Orchard Square
  • Co List Office Mls Id: RECCP416
  • Co List Office Phone: 720-608-6090
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 111.00
  • REC_ExpectedActiveDate: 2023-08-07
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Freezer, Microwave, Oven, Range, Refrigerator
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 500
  • Main Level Bathrooms: 1

Exterior Features

  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Private Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Name: LCM Property Management
  • Association Fee Frequency: Monthly
  • Association Fee: 375
  • Phone: 303-221-1117
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4500.00
  • REC_AssociationFeeTotalAnnual: 4500.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationStatusLetterPercentageOrFee: $255.00
  • REC_AssociationTransferAmount: $255.00

Schools

  • Middle Or Junior School: Oberon

Lot Info

  • Parcel Number: 092830
  • Building Area Total: 1832

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1747

MLS Schools

  • Elementary School: Fremont
  • High School: Arvada West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 28, 2024
Sold by
Solano Alyssa L and Hutchings Kc R
Bought by
Georgen Matthew and Baumer Cecily
Seller's Agent
Kc Hutchings
Resident Realty Colorado
Buyer's Agent
Olivia Schneider
Coldwell Banker Global Luxury Denver
List Price
$440,000
Sold Price
$435,000
Premium/Discount to List
-$5,000
-1.14%
Views
111
Current Estimated Value
$400,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,699
Avg. Annual Appreciation
-5.53%
Original Mortgage
$398,351
Outstanding Balance
$393,693
Interest Rate
7.1%
Mortgage Type
FHA
Estimated Equity
$9,362

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 1, 2023
Sold by
Trotter Mary P
Bought by
Solano Alyssa L and Hutchings Kc R
Seller's Agent
Brandon Lerner
Cedar Properties LLC
Buyer's Agent
Kc Hutchings
Resident Realty Colorado
List Price
$325,000
Sold Price
$322,000
Premium/Discount to List
-$3,000
-0.92%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.15%
Original Mortgage
$305,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $435,000 Land Title Guarantee
Warranty Deed $322,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,351 FHA
Previous Owner $305,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $435,000 0.0% $253 / Sq Ft
05/02/2024 05/02/24 Price Changed $435,000 -1.1% $253 / Sq Ft
04/19/2024 04/19/24 For Sale $440,000 +36.6% $256 / Sq Ft
09/01/2023 09/01/23 Sold $322,000 -0.9% $187 / Sq Ft
08/07/2023 08/07/23 For Sale $325,000 -- $189 / 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 $1,916 $19,751 $6,030 $13,721
2023 $1,916 $19,751 $6,030 $13,721
2022 $1,747 $17,840 $4,170 $13,670
2021 $1,776 $18,353 $4,290 $14,063
2020 $1,763 $18,272 $4,290 $13,982
2019 $1,739 $18,272 $4,290 $13,982
2018 $1,636 $16,705 $3,600 $13,105
2017 $1,497 $16,705 $3,600 $13,105
2016 $1,140 $11,979 $2,706 $9,273
2015 $945 $11,979 $2,706 $9,273
2014 $945 $9,329 $2,229 $7,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 4299991

REcolorado®

APN: 39-043-10-019