$400,000
SOLD APR 5, 2024
3 Beds
3 Baths
1,761 Sq Ft
1.66 Acres

Recently Sold

$227 Per Sq Ft

58% Below List Price

20 Days on Market

Highlights

  • 1.66 Acre Lot
  • No HOA
  • 1-Story Property
  • Secluded Lot
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of April 2024

NEW PRICE...Tremendous opportunity in the Hidden Lake Neighborhood for your Large Lot Residential project. Secluded, 1.66 Acres, Rectangular 180 ft x 90 ft lot with proximity to picturesque Hidden Lake. Great location just minutes from Lakeside, Berkeley Park, Willis Case Golf, Restaurants, Shops and Night Life at Olde Town Arvada. Easy access to I-70 and Boulder Turnpike. Be sure to see the attached Drone Tour.

Current Zoning is Arvada Residential "RN-7.5". Scrape the existing 2,783 sq ft brick ranch and start fresh or tackle the major remodel resurrection of the existing derelict home. The lot is adjacent to the multi-unit Yacht Club Townhome community. The highest and best use of the site would be Multi Family or Paired Homes. Check with Arvada Planning Dept. for rezoning & development possibilities for your project. Site access is via an easement thru the Townhome community. View the attached copy of a Map to Site Access under Supplements.

Sold AS-IS, The home is not in livable condition. Seller will not make any improvements to this property, There is a lot of debris inside and outside the home. Everything currently on the property will remain there are become the responsibility of the Buyer. Seller will not remove trash/debris from the property.

Do not walk the site without setting a Showing Appointment. Walk through Exterior ONLY! Interior access is prohibited. Buyer's Agents and their clients should take all proper precautions when walking grounds.
All information is deemed reliable but not guaranteed. Seller has limited knowledge, No survey or reports. Buyer to rely on own Due Diligence. Buyer & Agent to verify all information.
Seller does not have access to email - please allow at least 48-72 hours response for all offers. Buyer to verify all information

Last Agent to Sell the Property

Rumaldo Ulibarri

Keller Williams Preferred Realty Brokerage Email: r.ulibarri@kw.com,303-909-3449 License #40042935 Listed on: 09/05/2023

Keller Williams Preferred Realty

Co-Listed By

Casimiro Paiz

Keller Williams Preferred Realty Brokerage Email: r.ulibarri@kw.com,303-909-3449 License #828835

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1952

Lot Details

  • 1.66 Acre Lot
  • Northwest Facing Home
  • Property is Fully Fenced
  • Secluded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Schools

  • Tennyson Knolls Elementary School
  • Scott Carpenter Middle School
  • Westminster High School

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Hidden Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0101399

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,127

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1761
  • Exclusions: None
  • Living Area: 1761
  • Property Condition: Fixer
  • Directions: From Sheridan Blvd. and W. 68th Ave. Go East on 68th Ave. to Zenobia Loop. South on Zenobia Loop to and continue straight to back of Complex. Go East (Left ) to end of driveway. See map in Supplements
  • SubdivisionName: Hidden Lake
  • Co List Office Mls Id: RECKWR80
  • Co List Office Phone: 303-452-3300
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 1022.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.42105
  • Attribution Contact: r.ulibarri@kw.com,303-909-3449
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 3
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Direction Faces: Northwest
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Public

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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Scott Carpenter

Lot Info

  • Parcel Number: R0101399
  • Lot Size Acres: 1.66
  • Fencing: Full
  • Building Area Total: 2783
  • Lot Features: Secluded
  • Lot Size Sq Ft: 72309.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3127

MLS Schools

  • Elementary School: Tennyson Knolls
  • High School: Westminster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Apr 5, 2024
Sold by
Basil Holdings Llc
Bought by
Ps Development Llc
Seller's Agent
Rumaldo Ulibarri
Keller Williams Preferred Realty
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$950,000
Sold Price
$400,000
Premium/Discount to List
-$550,000
-57.89%
Views
460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.37%
Original Mortgage
$750,000
Outstanding Balance
$740,956
Interest Rate
6.94%
Mortgage Type
Construction
Estimated Equity
$321,040

Purchase Details

Closed on
Sep 10, 1992
Source: Public Records

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Range of Values:

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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 $475,000 Fitco
Special Warranty Deed -- First Integrity Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $1,090,000 0.0% $329 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
07/24/2025 07/24/25 Price Changed $1,090,000 -0.9% $329 / Sq Ft
06/07/2025 06/07/25 For Sale $1,100,000 +175.0% $332 / Sq Ft
04/05/2024 04/05/24 Sold $400,000 -46.7% $227 / Sq Ft
01/02/2024 01/02/24 Price Changed $750,000 -21.1% $426 / Sq Ft
10/10/2023 10/10/23 For Sale $950,000 0.0% $539 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $950,000 -- $539 / 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 $5,854 $41,510 $6,880 $34,630
2023 $3,116 $37,210 $6,700 $30,510
2022 $3,127 $32,300 $6,880 $25,420
2021 $3,199 $32,300 $6,880 $25,420
2020 $3,028 $31,600 $7,080 $24,520
2019 $3,022 $31,600 $7,080 $24,520
2018 $738 $11,880 $6,120 $5,760
2017 $648 $11,880 $6,120 $5,760
2016 $839 $14,630 $3,580 $11,050
2015 $838 $7,320 $1,790 $5,530
2014 -- $7,560 $1,490 $6,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2273693

REcolorado®

APN: 1825-06-3-00-011