$520,000
SOLD NOV 1, 2024

Lofts at Water Tower Village 7931 W 55th Ave Unit 111 Arvada, CO 80002

2 Beds
2 Baths
1,159 Sq Ft
$520/mo HOA Fee

Recently Sold

$449 Per Sq Ft

2% Below List Price

36 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Elevator
  • Spa
  • Community Pool
  • Balcony

About This Home

As of November 2024

PARK SETTING IN OLDE TOWN ARVADA! This recently renovated lock & leave condo offers modern comfort and convenience. Boasting granite countertops, SS appliances, and high-end bathroom finishes, this home is perfect for those seeking a hassle-free lifestyle. Enjoy the spaciousness of main-floor living and the added security of underground parking. The south-facing exposure ensures ample natural light throughout the day. Thanks to a high-quality Murphy bed, the second bedroom is versatile and easily convertible from home office to guest room. Located just over a block from the shops and restaurants in Olde Town Arvada, you'll have easy access to the light rail, making commuting a breeze. SELLER IS WILLING TO HELP BUYER WITH RATE BUYDOWN!!

Last Agent to Sell the Property

Matt Ladwig

The Agency - Boulder Listed on: 09/26/2024

The Agency - Boulder

Last Buyer's Agent

Scott Sammons

Sammons and Company, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 2008

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Veneer
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 1,159 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Spa
  • Balcony

Schools

  • Lawrence Elementary School
  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 450055

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, security, management, utilities, maintenance structure, hazard insurance
  • Lofts At Water Tower Village Condos Subdivision

Amenities

  • Clubhouse
  • Recreation Room
  • Elevator

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,682

Year Built

Built in 2008

Lot Details

0

HOA Fees

$520 per month

Parking

2

Listing Details

  • Year Built: 2008
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Subdivision Name: Lofts At Water Tower Village Condos
  • Above Grade Finished Sq Ft: 1159
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Garden Level
  • Living Area: 1159
  • Window Features: Window Coverings
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 132
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Other Floor
  • Master Bedroom Features: Other Floor
  • Room Kitchen Features: Other Floor
  • Room Living Room Area: 169
  • Living Room Features: Other Floor
  • Room Kitchen Area: 180
  • Room Master Bedroom Area: 156
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Tar/Gravel
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Block, Stucco
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Underground

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Security, Management, Utilities, Maintenance Structure, Hazard Insurance
  • Community Features: Clubhouse, Hot Tub, Pool, Fitness Center, Extra Storage, Elevator, Recreation Room
  • Senior Community: No
  • Association Fee: 520.27
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Lawrence
  • HighSchool: Arvada
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Arvada K-8

Lot Info

  • Zoning: Mult-Fam
  • Parcel #: 450055
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2682

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Nov 1, 2024
Sold by
Letts Catherine M and Letts Brian P
Bought by
Fitzmaurice Lydia E C and Fitzmaurice John C
Seller's Agent
Matt Ladwig
The Agency - Boulder
Buyer's Agent
Scott Sammons
Sammons and Company, LLC
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Total Days on Market
36
Views
17
Current Estimated Value
$518,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,247
Avg. Annual Appreciation
-0.38%

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 2, 2021
Sold by
The Hoverter Joint Family Trust
Bought by
Letts Catherine M and Letts Brian P
Seller's Agent
Nancy Jo O'Malley
RE/MAX Alliance
Buyer's Agent
Matt Ladwig
The Agency - Boulder
List Price
$459,900
Sold Price
$501,500
Premium/Discount to List
$41,600
9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%

Purchase Details

Closed on
Dec 12, 2017
Sold by
Hoverter Joyce G and Hoverter Stanley K
Bought by
Hoverter Joint Famly Trust

Purchase Details

Closed on
Oct 2, 2017
Sold by
Kingsfield Katherine C
Bought by
Niederpruern Joyce N and Hoverter Stanley K

Purchase Details

Closed on
Mar 28, 2012
Sold by
Water Tower Village Lofts Lllp
Bought by
Kingsfield Katherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,275
Interest Rate
3.91%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Special Warranty Deed $520,000 Land Title Guarantee
Warranty Deed $501,500 Chicago Title
Interfamily Deed Transfer -- First Integrity Title
Interfamily Deed Transfer -- First Integrity Title Compan
Warranty Deed $361,999 First American Title Company
Special Warranty Deed $165,450 Heritage Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $174,000 Credit Line Revolving
Previous Owner $128,275 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $520,000 -1.9% $449 / Sq Ft
09/26/2024 09/26/24 For Sale $530,000 +5.7% $457 / Sq Ft
06/02/2021 06/02/21 Sold $501,500 +9.0% $433 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $459,900 -- $397 / 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 $2,682 $27,649 -- $27,649
2023 $2,682 $27,649 $0 $27,649
2022 $2,816 $28,754 $0 $28,754
2021 $2,863 $29,581 $0 $29,581
2020 $2,279 $23,616 $0 $23,616
2019 $2,248 $23,616 $0 $23,616
2018 $1,508 $15,404 $0 $15,404
2017 $1,381 $15,404 $0 $15,404
2016 $1,578 $16,582 $1 $16,581
2015 $1,240 $16,582 $1 $16,581
2014 $1,240 $12,243 $1 $12,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1019446

IRES MLS

APN: 39-142-07-165