NOT LISTED FOR SALE

7108 Otis Ct Arvada, CO 80003

Lamar Heights Neighborhood

Estimated Value: $542,000 - $563,000

3 Beds
2 Baths
1,404 Sq Ft
$394/Sq Ft Est. Value

About This Home

This home is located at 7108 Otis Ct, Arvada, CO 80003 and is currently estimated at $553,213, approximately $394 per square foot. 7108 Otis Ct is a home located in Jefferson County with nearby schools including Swanson Elementary School, North Arvada Middle School, and Arvada High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Rhea Alan and Rhea Lea Ann
Bought by
Palizzi Mitchell Thomas and Donnelly Erinn Elaine
Current Estimated Value
$553,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$304,354
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$248,859

Purchase Details

Closed on
Feb 12, 2018
Sold by
Clower Justin N
Bought by
Rhea Alan and Rhea Lea Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2014
Sold by
Ohl Michelle A and Ohl Michael S
Bought by
Clower Justin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 2005
Sold by
Voller Brian S and Voller Sarah S
Bought by
Ohl Michael S and Ohl 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
$172,800
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1995
Sold by
Eckard Olin E and Eckard Genelle M
Bought by
Voller Brian S and Voller Sarah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
8.18%
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Palizzi Mitchell Thomas $435,000 Heritage Title Company
Rhea Alan $345,000 Land Title Guarantee Co
Clower Justin N $234,000 Land Title Guarantee Company
Ohl Michael S $216,000 Title America
Voller Brian S $107,000 Colorado National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palizzi Mitchell Thomas $348,000
Previous Owner Rhea Alan $276,000
Previous Owner Clower Justin N $234,000
Previous Owner Ohl Michael S $172,800
Previous Owner Voller Brian S $101,650
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
2025 $3,646 $35,359 $14,735 $20,624
2024 $3,336 $34,391 $15,066 $19,325
2023 $3,336 $34,391 $15,066 $19,325
2022 $2,799 $28,583 $12,885 $15,698
2021 $2,845 $29,405 $13,255 $16,150
2020 $2,523 $26,144 $9,022 $17,122
2019 $2,489 $26,144 $9,022 $17,122
2018 $1,944 $19,856 $5,773 $14,083
2017 $1,780 $19,856 $5,773 $14,083
2016 $1,617 $16,797 $5,645 $11,152
2015 $1,344 $16,797 $5,645 $11,152
2014 $1,344 $13,278 $4,872 $8,406
Source: Public Records

Map

Colorado Jefferson County Arvada 80003 Lamar Heights

7108 Otis Ct, Arvada, CO

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