NOT LISTED FOR SALE

Estimated Value: $610,000 - $719,000

6 Beds
4 Baths
2,050 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $760,000 $371 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,834/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • West Facing Home

About This Home

As of January 2024

Totally remodeled and updated Arvada duplex, 6650 leased at $2,500/month for 1 year, 6640 leased at $2,400/month, month to month for a 7.84% cap rate! Open kitchen and living room floor plan and each unit has a primary bedroom and full bath. Large partially xeriscaped lot with additional parking on the side. Seller is offering financing with $250,000 down and a 5 year balloon at 7% interest only. This property has excellent cash flow with no deferred maintenance for the near future!

Last Agent to Sell the Property

Kevin Tiffin

Equity Colorado Real Estate Brokerage Email: kevintiffin@gmail.com,303-638-0258 License #40025468 Listed on: 01/04/2024

Equity Colorado Real Estate

Last Buyer's Agent

Melody Rivera

Keller Williams Realty Urban Elite License #1323160

Keller Williams Realty Urban Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 12,415 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Partially Fenced Property

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Single-Phase Power
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Shed, 2 washers, 2 dryers, tenants personal property
  • Property held in a trust
  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, insurance, taxes, trash collection, water
  • Assessor Parcel Number 066498

Community Details

Overview

  • No Home Owners Association
  • Harlene Acres Subdivision

Building Details

  • Operating Expense $5,577

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,377

Year Built

Built in 1964 | Remodeled

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 2050
  • Exclusions: Shed, 2 washers, 2 dryers, tenants personal property
  • Living Area: 2050
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Harlene Acres
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.01333
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 6

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick, Frame, Wood Siding
  • Exterior Features: Rain Gutters
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 6

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts, Single Phase
  • Laundry Features: In Unit

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

Fee Information

  • Operating Expense: 5577

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 066498
  • Lot Size Acres: 0.29
  • Fencing: Partial
  • Building Area Total: 2050
  • Lot Size Sq Ft: 12415
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2377

MLS Schools

  • Elementary School: Vanderhoof
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 31, 2024
Sold by
Sleepy Investments Llc
Bought by
Rivera Melody and Rivera Michael
Seller's Agent
Kevin Tiffin
Equity Colorado Real Estate
Buyer's Agent
Melody Rivera
Keller Williams Realty Urban Elite
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
22
Current Estimated Value
$680,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,692
Avg. Annual Appreciation
-5.02%
Original Mortgage
$532,000
Outstanding Balance
$522,598
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$157,710

Purchase Details

Closed on
Oct 31, 2021
Sold by
Debello Dan
Bought by
Sleepy Investments Llc

Purchase Details

Closed on
Apr 20, 1998
Sold by
Christner Allen B and Christner Carole R
Bought by
Debello Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
7.18%
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

Date Buyer Sale Price Title Company
Rivera Melody $760,000 None Listed On Document
Sleepy Investments Llc -- None Available
Debello Dan $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Melody $532,000
Previous Owner Debello Dan $119,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $760,000 +1.3% $371 / Sq Ft
01/05/2024 01/05/24 For Sale $750,000 -- $366 / Sq Ft
Source: REcolorado®

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 $3,069 $31,643 $13,996 $17,647
2023 $3,069 $31,643 $13,996 $17,647
2022 $2,377 $24,274 $10,370 $13,904
2021 $2,470 $25,523 $10,903 $14,620
2020 $2,098 $21,745 $8,653 $13,092
2019 $2,070 $21,745 $8,653 $13,092
2018 $2,143 $21,881 $7,719 $14,162
2017 $1,961 $21,881 $7,719 $14,162
2016 $1,472 $15,470 $5,178 $10,292
2015 $1,284 $15,470 $5,178 $10,292
2014 $1,284 $12,678 $4,384 $8,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5517805

REcolorado®

APN: 39-033-05-001

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