NOT LISTED FOR SALE

8595 W 51st Ave Arvada, CO 80002

Estimated Value: $418,000 - $440,459

2 Beds
1 Bath
922 Sq Ft
$465/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $375,000 $407 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,575/month

2 Days on Market

Highlights

  • Bonus Room
  • Covered Patio or Porch
  • 1-Story Property
  • No HOA
  • Living Room
  • 4-minute walk to Four Acre Lake Park

About This Home

As of December 2022

Welcome to 8595 W 51st Avenue. Located just a 1 mile walk to the shops and restaurants in historic Olde Town Arvada, this 2 bedroom, 1 full bathroom brick ranch home sits on a 9.611 square foot, fully fenced lot with fruit trees, and gardens. Two sheds included. Close proximity to the Garrison Lake, Tomlinson Park and Echter's Nursery. Easy access to I-70 to head to the mountain or anywhere in the city as well as the Grandview light rail station. Bring your tool belt and gain some sweat equity or could be the perfect home in a desirable location for an investor looking for their next gem. Rain water collection barrel included.

Builders, the Lot is zoned for a duplex or two dwellings. Per the City of Arvada, each lot would have to be a minimum of 4,000 square feet. Minimum street frontage requirements as well. Buyer and buyer's agent responsible to verify zoning.

Last Agent to Sell the Property

Brandon Kite

Trx, Inc License #100031991 Listed on: 11/12/2022

Last Buyer's Agent

Leslie Scholfield

HomeSmart License #100030086

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1956

Lot Details

  • 9,611 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 922 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Bonus Room
  • Utility Room

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Olde Town Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number 207933

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 922
  • Exclusions: Seller's personal property
  • Living Area: 922
  • Property Condition: Fixer
  • SubdivisionName: Olde Town
  • Ownership: Individual
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 207933
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 922
  • Lot Size Sq Ft: 9611
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2397

MLS Schools

  • Elementary School: Arvada K-8
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Dec 9, 2022
Sold by
Roulier Claudia
Bought by
Marshburn Timothy
Seller's Agent
Brandon Kite
Trx, Inc
Buyer's Agent
Leslie Scholfield
HomeSmart
List Price
$375,000
Sold Price
$375,000
Views
3
Current Estimated Value
$428,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,365
Avg. Annual Appreciation
4.38%
Original Mortgage
$281,250
Outstanding Balance
$274,363
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$146,327

Purchase Details

Closed on
Feb 14, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Roulier Claudia and Norris Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,500
Interest Rate
4.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 8, 2005
Sold by
Benish James D
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc

Purchase Details

Closed on
Aug 13, 2003
Sold by
Schwartzkopf Aaron B and Schwartzhopf Aaron B
Bought by
Benish James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1999
Sold by
Warren Hattie D
Bought by
Schwartkopf Aaron B and Fitzgerald James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,666
Interest Rate
8.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Marshburn Timothy $375,000 Stewart Title
Roulier Claudia $149,900 Utc Colorado
Deutsche Bank National Trust Co -- --
Benish James D -- Stewart Title
Benish James D $170,000 Stewart Title
Schwartkopf Aaron B $125,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshburn Timothy $281,250
Previous Owner Roulier Claudia $192,000
Previous Owner Roulier Claudia $155,200
Previous Owner Roulier Claudia $155,500
Previous Owner Norris Mike $153,000
Previous Owner Roulier Claudia $134,500
Previous Owner Jd & Associates Llc $321,405
Previous Owner Benish James D $153,000
Previous Owner Schwartkopf Aaron B $124,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $375,000 0.0% $407 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/12/2022 11/12/22 For Sale $375,000 -- $407 / 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 $2,765 $27,746 $14,507 $13,239
2023 $2,765 $27,746 $14,507 $13,239
2022 $2,362 $23,552 $10,962 $12,590
2021 $2,397 $24,230 $11,278 $12,952
2020 $2,169 $21,957 $10,030 $11,927
2019 $2,140 $21,957 $10,030 $11,927
2018 $1,781 $17,756 $6,754 $11,002
2017 $1,633 $17,756 $6,754 $11,002
2016 $1,393 $14,251 $6,092 $8,159
2015 $1,181 $14,251 $6,092 $8,159
2014 $1,181 $11,351 $5,158 $6,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5342709

REcolorado®

APN: 39-154-02-015