NOT LISTED FOR SALE

7240 Otis Ct Arvada, CO 80003

The Farm Neighborhood

Estimated Value: $636,821 - $677,000

3 Beds
2.5 Baths
2,422 Sq Ft
$275/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $555,000 $229 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,774/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • No HOA
  • Brick Veneer

About This Home

As of March 2021

Multiple Offers! No more showings Please. Wonderful location, Cool features, great layout, remarkable back yard! 3 bedrooms w/ 3 bathrooms. Lots of open living space on the main w/ large living room featuring vaulted ceilings, eat in kitchen & formal dining room. Family room w/ gas fireplace, hardwood floors, large backyard w/ stamped concrete patio, large trees and lovely shade. Plenty of room to expand in the large unfinished basement or just use for storage. Home is ready to move into!

Last Agent to Sell the Property

Duff Knott

Realty One Group Fourpoints CO Listed on: 02/10/2021

Realty One Group Fourpoints CO

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway Level

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,422 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights Excluded

Schools

  • Swanson Elementary School
  • North Arvada Middle School
  • Arvada High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Marin Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025781

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1975
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Marin
  • Above Grade Finished Sq Ft: 1752
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2422
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Disposal
  • Accessibility Features: Level Lot, Level Drive, Low Carpet, No Stairs, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 670
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s)
  • Living Area: 1752
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 110
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 252
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 306
  • Family Room Features: Wood Floor
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 154
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 168
  • Master Bathroom Features: 3/4 Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Westminster
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Swanson
  • HighSchool: Arvada
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: North Arvada

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 11786
  • Parcel #: 025781
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1590

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 12, 2021
Sold by
Davis Robert Wilbur and Davis Karen Dee
Bought by
Gregory L Anliker Revocable Trust
Seller's Agent
Duff Knott
Realty One Group Fourpoints CO
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$504,900
Sold Price
$555,000
Premium/Discount to List
$50,100
9.92%
Current Estimated Value
$665,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,205
Avg. Annual Appreciation
4.46%
Original Mortgage
$467,000
Outstanding Balance
$424,008
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$252,735

Purchase Details

Closed on
Aug 23, 2005
Sold by
Davis Robert W and Davis Karen D
Bought by
Davis Robert Wilbur and Davis Karen Dee

Purchase Details

Closed on
Aug 24, 2001
Sold by
Noel Samuel R and Eloe David Dean
Bought by
Davis Robert W and Davis Karen D

Purchase Details

Closed on
May 14, 2001
Sold by
Wong Pui C
Bought by
Noel Samuel R and Eloe David Dean
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
Gregory L Anliker Revocable Trust $555,000 Stewart Title
Davis Robert Wilbur $500 --
Davis Robert W -- Title Services
Noel Samuel R $200,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory L Anliker Revocable Trust $467,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Off Market $555,000 -- --
03/12/2021 03/12/21 Sold $555,000 +9.9% $229 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $504,900 -- $208 / 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 $2,967 $38,961 $12,312 $26,649
2023 $2,967 $38,961 $12,312 $26,649
2022 $2,305 $29,646 $10,112 $19,534
2021 $1,791 $30,499 $10,403 $20,096
2020 $1,616 $28,335 $9,973 $18,362
2019 $1,590 $28,335 $9,973 $18,362
2018 $1,361 $24,727 $7,769 $16,958
2017 $1,218 $24,727 $7,769 $16,958
2016 $1,089 $22,491 $6,794 $15,697
2015 $796 $22,491 $6,794 $15,697
2014 $796 $17,862 $6,408 $11,454
Source: Public Records

Agents Affiliated with this Home

  • Duff Knott

    Seller's Agent in 2021

    Duff Knott

    Realty One Group Fourpoints CO

    (970) 405-2839

    1 in this area

    90 Total Sales

    Duff Knott
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: 933164

IRES MLS

APN: 29-363-15-020

Colorado Jefferson County Arvada 80003 The Farm

7240 Otis Ct, Arvada, CO

This home is located at 7240 Otis Ct, Arvada, CO 80003 since 10 February 2021 and is currently estimated at $665,205, approximately $274 per square foot. This property was built in 1975. 7240 Otis Ct is a home located in Jefferson County with nearby schools including Swanson Elementary School, North Arvada Middle School, and Arvada High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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