NOT LISTED FOR SALE

Estimated Value: $522,000 - $654,244

6 Beds
2.5 Baths
1,423 Sq Ft
$400/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $615,000 $432 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,472/month

3 Days on Market

Highlights

  • Ski Accessible
  • 0.53 Acre Lot
  • Furnished
  • Spa
  • Wood Flooring
  • Quartz Countertops

About This Home

As of January 2024

Discover an exceptional opportunity in Arvada: a rare offering not just one, but two properties on a single expansive lot! This delightful single-family residence boasts an additional guest home, creating tons of opportunity. Currently utilized as a successful short-term rental, this property presents an ideal scenario for owner-occupied and non-owner occupied investors. You could live in the main home and rent out the carriage home to offset your mortgage or take advantage of Arvada's friendly non-owner occupied short term rental legislation.

The property is being offered fully furnished with great amenities, including a game room and a hot tub.

There is also potential to subdivide. Property is zoned for duplexes and ADU's so there is potential to have two houses and two carriage houses to rent out, or two duplexes. Lot size is 23,261 sqft.

Situated in a great community, you will love the close proximity to Olde Town Arvada, the iconic Red Rocks, vibrant Downtown Denver, and the mountains. Whether seeking a personal residence with rental potential or an investment property, this offering stands is very rare!

Last Listed By

Chantal Duame

Good Neighbor LLC Brokerage Email: chantal@thegoodneighbors.com,954-243-7071 License #100078764 Listed on: 01/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1964

Lot Details

  • 0.53 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Furnished
  • Double Pane Windows
  • Living Room
  • Game Room

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Bedroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio

Schools

  • Secrest Elementary School
  • North Arvada Middle School
  • Arvada High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 007998

Community Details

Overview

  • No Home Owners Association
  • Rowans Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 1015
  • Exclusions: None
  • Living Area: 1423
  • SubdivisionName: Rowans
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.03361
  • Attribution Contact: chantal@thegoodneighbors.com,954-243-7071
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Quartz Counters
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 408
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Private Yard, Spa/Hot Tub
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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: North Arvada

Lot Info

  • Parcel Number: 007998
  • Lot Size Acres: 0.53
  • Fencing: Full
  • Building Area Total: 1423
  • Lot Features: Level, Near Ski Area
  • Lot Size Sq Ft: 23261
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3018

MLS Schools

  • Elementary School: Secrest
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 30, 2024
Sold by
Stur Christin A
Bought by
Bower Amanda and Trepanier Luke
Seller's Agent
Chantal Duame
Good Neighbor LLC
Buyer's Agent
Annie Collins
Keller Williams Advantage Realty LLC
List Price
$595,000
Sold Price
$615,000
Premium/Discount to List
$20,000
3.36%
Total Days on Market
3
Views
48
Current Estimated Value
$568,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,439
Avg. Annual Appreciation
-5.82%
Original Mortgage
$492,000
Outstanding Balance
$485,682
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$82,879

Purchase Details

Closed on
Mar 16, 2022
Sold by
Construction Management Group Of Colorad
Bought by
Stur Christin

Purchase Details

Listed on
May 1, 2021
Closed on
May 26, 2021
Sold by
Equity Hunter Llc
Bought by
Construction Management Eqt Hunter Llc
Seller's Agent
Kim Stephens
RE/MAX Avenues
Buyer's Agent
Hunter Hinson
Keller Williams Realty Downtown LLC
List Price
$500,000
Sold Price
$375,000
Premium/Discount to List
-$125,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2015
Sold by
Moore Paula
Bought by
Frizzell Brett E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Frizzell Stanley E

Purchase Details

Closed on
Jul 30, 2010
Sold by
Willie Dale D and Willie Tracy L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 8, 2005
Sold by
Hebert Richard Lee
Bought by
Willie Dale D and Willie Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1999
Sold by
Lee Hebert Richard and Hebert Cheryl E
Bought by
Hebert Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.68%

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
Bower Amanda $615,000 None Listed On Document
Stur Christin -- None Listed On Document
Construction Management Eqt Hunter Llc $389,500 Chicago Title
Equity Hunter Llc $375,000 Chicago Title
Frizzell Brett E -- None Available
Frizzell Stanley E $130,000 First American
Federal Home Loan Mortgage Corp -- None Available
Willie Dale D $240,000 Land Title Guarantee Company
Hebert Richard Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Amanda $492,000
Previous Owner Frizzell Brett E $500,000
Previous Owner Frizell Brett E $100,000
Previous Owner Frizzell Natalie L $5,000
Previous Owner Willie Dale D $50,000
Previous Owner Willie Dale D $192,000
Previous Owner Hebert Richard Lee $126,700
Previous Owner Hebert Richard Lee $42,500
Previous Owner Hebert Richard Lee $128,000
Previous Owner Frizzell Stanley E $154,000
Closed Willie Dale D $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $615,000 +3.4% $432 / Sq Ft
01/03/2024 01/03/24 For Sale $595,000 +58.7% $418 / Sq Ft
05/26/2021 05/26/21 Sold $375,000 -16.7% $280 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/10/2021 05/10/21 Price Changed $450,000 -10.0% $336 / Sq Ft
04/30/2021 04/30/21 For Sale $500,000 -- $373 / 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 $3,481 $35,886 $19,819 $16,067
2023 $3,481 $35,886 $19,819 $16,067
2022 $3,018 $30,816 $17,164 $13,652
2021 $3,068 $31,702 $17,657 $14,045
2020 $2,506 $25,973 $10,383 $15,590
2019 $2,838 $25,973 $10,383 $15,590
2018 $2,411 $24,628 $9,434 $15,194
2017 $2,207 $24,628 $9,434 $15,194
2016 $2,023 $21,261 $9,687 $11,574
2015 $1,557 $21,261 $9,687 $11,574
2014 $1,557 $15,383 $7,479 $7,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4974255

REcolorado®

APN: 39-111-11-021