7051 Ruth Way Denver, CO 80221
Twin Lakes NeighborhoodEstimated payment $3,211/month
Highlights
- Primary Bedroom Suite
- Traditional Architecture
- No HOA
- Open Floorplan
- Quartz Countertops
- Covered Patio or Porch
About This Home
Beautifully updated 5-bed, 3-bath limewashed brick ranch with 2,036 sq ft of flexible, income-ready space in desirable Twin Lakes. The main level offers 2 bedrooms, 2 baths, hardwood floors, and a modern kitchen with quartz counters, stainless appliances, and two-tone cabinetry.
The fully finished basement features 3 bedrooms, a kitchenette, family room, 3⁄4 bath, and a large utility/laundry/storage room—perfect for rental income or multi-generational living. With a gross income of $58,542 in 2024 (averaging $4,878/month), this setup has proven cash-flow potential.
Outside, enjoy a fenced backyard with firepit and a huge wraparound carport/covered patio, providing ample outdoor living space and parking. Lease-to-own solar panels help keep utilities low.
The home is being offered fully furnished, providing a seamless, turn-key investment opportunity for the buyer.
Move-in ready, income-producing, and built for flexibility — Ruth delivers comfort, convenience, and strong returns.
Listing Agent
1 Percent Lists Mile High Brokerage Email: sam@milehighagent.co,720-319-8180 License #100109212 Listed on: 09/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,808
Year Built
- Built in 1955 | Remodeled
Lot Details
- 6,400 Sq Ft Lot
- East Facing Home
- Property is Fully Fenced
- Property is zoned R-1-C
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Frame Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Open Floorplan
- Furnished or left unfurnished upon request
- Family Room
- Living Room
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Finished Basement
- 3 Bedrooms in Basement
- Basement Window Egress
Home Security
- Smart Locks
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Outdoor Features
- Covered Patio or Porch
Schools
- F.M. Day Elementary School
- Ranum Middle School
- Westminster High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
Community Details
- No Home Owners Association
- Twin Lakes Subdivision
Listing and Financial Details
- Exclusions: Furniture To Be Discussed
- Assessor Parcel Number R0099270
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,808 | $31,380 | $5,630 | $25,750 |
| 2023 | $3,786 | $36,530 | $5,610 | $30,920 |
| 2022 | $3,223 | $25,720 | $5,770 | $19,950 |
| 2021 | $3,278 | $25,720 | $5,770 | $19,950 |
| 2020 | $2,938 | $23,320 | $5,790 | $17,530 |
| 2019 | $2,855 | $23,320 | $5,790 | $17,530 |
| 2018 | $2,173 | $17,550 | $5,620 | $11,930 |
| 2017 | $1,124 | $17,550 | $5,620 | $11,930 |
| 2016 | $769 | $13,370 | $2,710 | $10,660 |
| 2015 | $768 | $13,370 | $2,710 | $10,660 |
| 2014 | -- | $12,440 | $2,230 | $10,210 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2025 10/16/25 | Price Changed | $550,000 | -4.3% | $270 / Sq Ft |
| 09/11/2025 09/11/25 | For Sale | $575,000 | -- | $282 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $565,000 | First American Title | |
| Personal Reps Deed | $270,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $105,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $536,750 | New Conventional | |
| Previous Owner | $18,000 | New Conventional | |
| Previous Owner | $96,000 | No Value Available | |
| Previous Owner | $82,950 | No Value Available |
Source: REcolorado®
MLS Number: 4084572
APN: 1825-04-2-08-042
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