NOT LISTED FOR SALE

6955 W 87th Way Unit 281 Arvada, CO 80003

Lake Arbor Neighborhood

Estimated Value: $363,258 - $384,000

2 Beds
1.5 Baths
1,040 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $325,000 $312 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,422/month

3 Days on Market

Highlights

  • Mountain View
  • Private Yard
  • Front Porch
  • Clubhouse
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Shows fantastic! Updated kitchen cabinets, counters and most appliances! Stainless steel stove, dishwasher and refrigerator! New refrigerator, stove, and newer furnace, water heater and air conditioner! Beautiful plank-type flooring in living room and dining area! Freshly painted living room and dining room! New blinds throughout! Updated bathrooms! This is truly a home you can move right into! Very clean! Exciting and rare fenced-in front yard and patio area! Situated next to and overlooking Lake Arbor Golf course! Mountain views from the upstairs bedrooms! 2 pools in the community and a clubhouse! Carport takes you right into the home! Main floor laundry with washer and dryer! Extra storage outside by the carport area! Close to shopping, schools, restaurants, places of worship, parks, with easy access to I-36, I-25, and I-70!

Last Agent to Sell the Property

Mary Gedack

RE/MAX Alliance License #000173741 Listed on: 02/25/2021

RE/MAX Alliance

Last Buyer's Agent

Katherine Jolliffe

NextHome Front Range License #1294455

NextHome Front Range

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1976

Lot Details

  • Two or More Common Walls
  • West Facing Home
  • Private Yard

HOA Fees

  • $286 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Mountain Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Front Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 126040

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, road maintenance, sewer, snow removal, trash, water
  • Arbor Green Association, Phone Number (303) 952-4004
  • Arbor Green Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,521

Year Built

Built in 1976

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Structure Type: Townhouse
  • Levels: Two
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1040
  • Entry Location: Ground
  • Exclusions: None
  • Living Area: 1040
  • Pets Allowed: Cats OK, Dogs OK
  • SubdivisionName: Arbor Green
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 1.06557
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Window Features: Window Coverings

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Frame
  • View: Mountain(s)
  • Exterior Features: Private Yard
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • Association Name: Arbor Green
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Pool
  • Association Fee: 286
  • Phone: 303-952-4004
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3432.00
  • REC_AssociationFeeTotalAnnual: 3432.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.4shoa.com
  • REC_AssociationStatusLetterPercentageOrFee: $250

Schools

  • Middle Or Junior School: Moore

Lot Info

  • Parcel Number: 126040
  • Building Area Total: 1040

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1521

MLS Schools

  • Elementary School: Little
  • High School: Pomona

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Mar 25, 2021
Sold by
Torres Michelle C
Bought by
Gallegos Sandra E
Seller's Agent
Mary Gedack
RE/MAX Alliance
Buyer's Agent
Katherine Jolliffe
NextHome Front Range
List Price
$305,000
Sold Price
$325,000
Premium/Discount to List
$20,000
6.56%
Total Days on Market
3
Current Estimated Value
$372,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,815
Avg. Annual Appreciation
3.31%
Original Mortgage
$331,520
Outstanding Balance
$301,659
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$71,156

Purchase Details

Closed on
Oct 30, 2015
Sold by
Geier Shannon L
Bought by
Torres Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2015
Sold by
Adams Shannon L
Bought by
Geier Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Geier Matthew James
Bought by
Adams Shannon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2001
Sold by
Geier Frederick J and Geier Adriana
Bought by
Geier Matthew James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
6.39%

Purchase Details

Closed on
Apr 6, 2001
Sold by
Geier Frederick J
Bought by
Geier Frederick J and Geier Adriana

Purchase Details

Closed on
Sep 30, 1998
Sold by
Allen Halsey Barry
Bought by
Geier Joshua P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
6.57%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Gallegos Sandra E $325,000 First American Title
Torres Michelle C $168,000 Ascendant Title Company
Geier Shannon L -- Fidelity National Title Ins
Adams Shannon L $148,000 --
Geier Matthew James -- Chicago Title Co
Geier Frederick J -- --
Geier Joshua P $95,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallegos Sandra E $331,520
Previous Owner Torres Michelle C $141,000
Previous Owner Torres Michelle C $144,000
Previous Owner Torres Michelle C $142,800
Previous Owner Geier Shannon L $122,500
Previous Owner Adams Shannon L $118,400
Previous Owner Geier Matthew James $108,300
Previous Owner Geier Joshua P $92,250
Closed Adams Shannon L $29,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $325,000 +6.6% $313 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $305,000 -- $293 / 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 $1,891 $19,491 $6,030 $13,461
2023 $1,891 $19,491 $6,030 $13,461
2022 $1,706 $17,420 $4,170 $13,250
2021 $1,734 $17,922 $4,290 $13,632
2020 $1,542 $15,981 $4,290 $11,691
2019 $1,521 $15,981 $4,290 $11,691
2018 $1,340 $13,683 $3,600 $10,083
2017 $1,226 $13,683 $3,600 $10,083
2016 $1,068 $11,097 $2,866 $8,231
2015 $815 $11,097 $2,866 $8,231
2014 $815 $8,048 $2,229 $5,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4697790

REcolorado®

APN: 29-261-06-044