NOT LISTED FOR SALE

6951 W 87th Way Unit 285 Arvada, CO 80003

Lake Arbor Neighborhood

Estimated Value: $320,000 - $392,000

2 Beds
1.5 Baths
1,040 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $185,000 $178 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,263/month

7 Days on Market

Highlights

  • Private Yard
  • Patio
  • Forced Air Heating and Cooling System
  • Community Pool
  • Tile Flooring
  • 1 Car Garage

About This Home

As of September 2016

Open House Saturday 12-2! Great Investment Opportunity or perfect for first time buyer! Needs some upgrading, priced accordingly, great project for someone looking to make it their own. 2 lrg bedrms, 1.5 baths in Arvada, next to Lake Arvada golf course. Carport, storage area, and pool! Master bedroom has large walk-in closet, and shared master bath. Add'l under stair storage. Large private fenced patio. Close to both Hwy 36 and Wadsworth. Buyer to verify all MLS info. Tenant will be vacating.

Last Agent to Sell the Property

Thomas Ratay Team

RE/MAX Alliance-Boulder Listed on: 08/18/2016

Co-Listed By

Justin Leonard

Equity Colorado-Front Range

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1976

Lot Details

  • Fenced
  • Private Yard

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Little Elementary School
  • Moore Jr Middle School
  • Pomona High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 126004

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, management, utilities, maintenance structure, water/sewer
  • Arbor Green Twnhms Ph Vii Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,081

Year Built

Built in 1976

Lot Details

0

HOA Fees

$235 per month

Parking

1

Listing Details

  • Year Built: 1976
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Co List Office Mls Id: RMRE
  • Subdivision Name: Arbor Green Twnhms Ph Vii
  • Directions: From W 88th, go South on Lamar and then turn right onto Otis. Follow Otis to the end and turn right onto Chase Dr. Take left onto 87th way, and take left at end of drive, Unit is in building adjacent to last parking area.
  • Above Grade Finished Sq Ft: 1040
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1040
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1040
  • Dining Room Features: Tile Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 150
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 260
  • Living Room Features: Carpet
  • Room Kitchen Area: 56
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 165
  • Room Dining Room Area: 64
  • Master Bathroom Features: Shared Primary Bath

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Private Yard
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_GarageType: Carport

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, HOA/Public
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure, Water/Sewer
  • Community Features: Pool
  • Senior Community: No
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Little
  • HighSchool: Pomona
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Moore Jr

Lot Info

  • Zoning: R
  • Parcel #: 126004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1081

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2018
Sold by
Te Tom and Te Pao
Bought by
Tom Te & Pao Te Family Trust
Current Estimated Value
$355,742

Purchase Details

Listed on
Aug 18, 2016
Closed on
Sep 20, 2016
Sold by
Liszak Joseph M
Bought by
Te Tom and Te Pao
Seller's Agent
Thomas Ratay Team
RE/MAX Alliance-Boulder
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Ellsworth Marilyn
Bought by
Liszak Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Lancaster Gordon L and Lancaster Michelle A
Bought by
Ellsworth Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,867
Interest Rate
5.38%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2003
Sold by
Lancaster Michelle A and Lancaster Gordon L
Bought by
Lancaster Gordon L and Lancaster Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,400
Interest Rate
5.84%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2001
Sold by
Mcbroom Stephanie N
Bought by
Lancaster Michelle A and Lancaster Gordon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1993
Sold by
Schrenk Christopher and Schrenk Michelle
Bought by
Mcbroom Stephanie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
6.93%
Mortgage Type
FHA
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
Tom Te & Pao Te Family Trust -- None Available
Te Tom $185,000 Land Title Guarantee Co
Liszak Joseph M $152,000 Chicago Title Co
Ellsworth Marilyn $145,000 Fahtco
Lancaster Gordon L -- --
Lancaster Michelle A $140,000 --
Mcbroom Stephanie N $62,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liszak Joseph M $71,678
Previous Owner Liszak Joseph M $121,600
Previous Owner Ellsworth Marilyn $140,867
Previous Owner Lancaster Gordon L $136,400
Previous Owner Lancaster Michelle A $136,000
Previous Owner Mcbroom Stephanie N $15,000
Previous Owner Mcbroom Stephanie N $60,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $185,000 -- --
09/23/2016 09/23/16 Sold $185,000 0.0% $178 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $185,000 -- $178 / Sq Ft
Source: IRES MLS

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 $1,784 $18,391 $6,030 $12,361
2023 $1,784 $18,391 $6,030 $12,361
2022 $1,735 $17,717 $4,170 $13,547
2021 $1,764 $18,227 $4,290 $13,937
2020 $1,579 $16,364 $4,290 $12,074
2019 $1,558 $16,364 $4,290 $12,074
2018 $1,372 $14,015 $3,600 $10,415
2017 $1,256 $14,015 $3,600 $10,415
2016 $1,068 $11,224 $2,866 $8,358
2015 $1,081 $11,224 $2,866 $8,358
2014 $815 $8,048 $2,229 $5,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 800455

IRES MLS

APN: 29-261-06-048