NOT LISTED FOR SALE

Lofts at Water Tower Village 7931 W 55th Ave Unit 309 Arvada, CO 80002

Estimated Value: $354,000 - $389,000

1 Bed
1 Bath
822 Sq Ft
$366/mo HOA Fee

Last Sold April 05, 2024

Last sale price $394,000 $479 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,598/month

2 Days on Market

Highlights

  • Fitness Center
  • City View
  • Clubhouse
  • Spa
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of April 2024

Experience Colorado living at its finest in this top-floor, penthouse condo located within walking distance from historic Olde Town Arvada. This magnificent 822 sqft condo boasts high ceilings, expansive, south-facing windows, and a private balcony with breathtaking panoramic views of the Denver skyline, the foothills and beautiful sunsets. The open layout features a stylish renovated kitchen with granite counters, stainless steel appliances, and a convenient breakfast bar. The living room offers a perfect space for relaxation and entertainment, while the bedroom serves as a tranquil retreat with ample natural light and a spacious ensuite bathroom. Enjoy access to coveted amenities at Water Tower Lofts, including a seasonal outdoor pool/hot tub, large fitness facility, and luxury community space for private events. With dedicated underground, secured garage parking and a private storage unit included, this condo offers both value and convenience. Take a short walk and explore nearby Olde Town's array of shops, boutiques, galleries, and dining options, as well as community events. Just blocks from the G Line Station, commuting is effortless, and outdoor enthusiasts will appreciate Arvada's extensive network of hiking, cycling, and horseback riding trails, with easy access to I-70 for weekend getaways. Don't miss this exceptional lifestyle opportunity—schedule your showing today and make this condominium your new home!

Last Listed By

Kimber Ward

Corcoran Perry & Co. Brokerage Email: kimber@corcoranperry.com,303-885-2165 License #100084578 Listed on: 02/29/2024

Corcoran Perry & Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Landscaped

HOA Fees

  • $366 Monthly HOA Fees

Property Views

  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 822 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Secured Garage or Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Lawrence Elementary School
  • North Arvada Middle School
  • Arvada High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: All Personal Property
  • Assessor Parcel Number 450099

Community Details

Overview

  • Association fees include reserves, insurance, irrigation, ground maintenance, maintenance structure, security, sewer, snow removal, trash, water
  • Advance HOA Management Association, Phone Number (303) 482-2213
  • Low-Rise Condominium
  • Lofts At Water Tower Village Community
  • Olde Town Arvada Subdivision
  • Community Parking

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,176

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Urban Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Building Name: Lofts at Water Tower Village
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 822
  • Accessibility Features: Accessible Approach with Ramp
  • Entry Location: Corridor Access
  • Exclusions: All Personal Property
  • Living Area: 822
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Olde Town Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.97284
  • Attribution Contact: kimber@corcoranperry.com,303-885-2165
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Smoke Free, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane
  • Construction Materials: Brick, Concrete, Frame
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Elevator, Lighting, Spa/Hot Tub
  • Pool Features: Outdoor Pool
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Finished, Storage, Underground
  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance, Security System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: Advance HOA Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Parking, Pool, Security, Spa/Hot Tub
  • Association Fee: 366
  • Phone: 303-482-2213
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4392.00
  • REC_AssociationFeeTotalAnnual: 4392.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.advancehoa.com

Schools

  • Middle Or Junior School: North Arvada

Lot Info

  • Parcel Number: 450099
  • Building Area Total: 822
  • Lot Features: Landscaped, Near Public Transit

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2176

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 5, 2024
Sold by
Agrawal Pamesh Kumar
Bought by
Jordan Howard B
Seller's Agent
Kimber Ward
Corcoran Perry & Co.
Buyer's Agent
Peter Cook
Keller Williams Realty Downtown LLC
List Price
$405,000
Sold Price
$394,000
Premium/Discount to List
-$11,000
-2.72%
Total Days on Market
2
Views
35
Current Estimated Value
$370,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,658
Avg. Annual Appreciation
-5.33%
Original Mortgage
$315,200
Outstanding Balance
$311,936
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$58,406

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 8, 2022
Sold by
Arnie Stepanovich
Bought by
Agrawal Pamesh Kumar
Seller's Agent
Fred Dodds
WK Real Estate
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$357,000
Sold Price
$357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$267,750
Interest Rate
3.55%

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jul 15, 2020
Sold by
Line Jean and Line Dennis
Bought by
Stepanovich Amie
Seller's Agent
Adam Browning
MURI Real Estate
Buyer's Agent
Fred Dodds
WK Real Estate
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$228,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2006
Sold by
Norstar Residential Lllp
Bought by
Line Gordon and Line Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2005
Sold by
Water Tower Village Lllp
Bought by
Norstar Residential Lllp

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
Jordan Howard B $394,000 None Listed On Document
Agrawal Pamesh Kumar $357,000 None Listed On Document
Stepanovich Amie $300,000 Land Title Guarantee
Line Gordon $160,900 Fahtco
Norstar Residential Lllp -- Fahtco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Howard B $315,200
Previous Owner Agrawal Pamesh Kumar $267,750
Previous Owner Stepanovich Amie $228,000
Previous Owner Line Gordon $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $394,000 -2.7% $479 / Sq Ft
03/01/2024 03/01/24 For Sale $405,000 +13.4% $493 / Sq Ft
05/09/2022 05/09/22 Off Market $357,000 -- --
02/08/2022 02/08/22 Sold $357,000 0.0% $434 / Sq Ft
01/04/2022 01/04/22 For Sale $357,000 +19.0% $434 / Sq Ft
07/15/2020 07/15/20 Sold $300,000 -3.2% $365 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $309,900 -- $377 / 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 $1,913 $19,726 -- $19,726
2023 $1,913 $19,726 $0 $19,726
2022 $2,176 $22,221 $0 $22,221
2021 $2,212 $22,861 $0 $22,861
2020 $1,731 $17,933 $0 $17,933
2019 $1,707 $17,933 $0 $17,933
2018 $1,219 $12,453 $0 $12,453
2017 $1,116 $12,453 $0 $12,453
2016 $1,150 $12,084 $1 $12,083
2015 $858 $12,084 $1 $12,083
2014 $858 $8,478 $1 $8,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1511910

REcolorado®

APN: 39-142-07-209