NOT LISTED FOR SALE

Estimated Value: $711,000 - $945,711

7 Beds
4 Baths
3,748 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $710,000 $189 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,785/month

42 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Forced Air Heating System
  • Private Yard
  • 1-Story Property
  • Evaporated cooling system

About This Home

As of July 2024

Side-by-side brick duplex located just minutes northwest of Olde Town Arvada. This large duplex has a total of 3,748 square feet, both sides have over 1,870 square feet each. Unit #8636 has 3-bedrooms and 2-bathrooms, and just became vacant. Unit #8638 has 4-bedrooms and 2-bathrooms. This unit has newer stainless-steel appliances, laminate flooring throughout the living room and basement bedrooms (non-conforming), and is currently rented to a long-term tenant on a month-to-month lease. Opportunity to live in one unit and rent the other or rent both as an investor. Both sides have separate, private yards. Separately metered for gas and electric. Awesome Arvada location! The property is only about 5-minutes to Olde Town Arvada hotspots like Denver Beer CO, Teocalli Cocina, The Arvada Tavern, The Bluegrass Lounge, School House Kitchen and Libations, and many more. Minutes to light rail. Easy access to Denver, Boulder, or the mountains. Reach out to the listing agent for more details or to schedule a showing, Patrick Rampi with Modus Real Estate: 720-935-2184.

Last Agent to Sell the Property

Patrick Rampi

MODUS Real Estate Brokerage Email: patrickrampirealestate@gmail.com,720-935-2184 License #100055927 Listed on: 04/23/2024

MODUS Real Estate

Last Buyer's Agent

Benjamin Rhodin

Stealth Wealth Group License #100088695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1970

Lot Details

  • No Units Above
  • No Units Located Below
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Kimbrough Ridge Subdivision

Listing and Financial Details

  • Exclusions: tenant's personal property
  • Property held in a trust
  • Assessor Parcel Number 081933

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,494

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 1874
  • Exclusions: tenant's personal property
  • Living Area: 3748
  • SubdivisionName: Kimbrough Ridge
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2024-04-23
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.94040
  • Attribution Contact: patrickrampirealestate@gmail.com,720-935-2184
  • Special Features: None

Interior Features

  • Common Walls: No One Above, No One Below
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1874

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air

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: 081933
  • Building Area Total: 3748

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3494

MLS Schools

  • Elementary School: Peck
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Overhaul Properties Llc
Bought by
Rhodin Real Estate Llc
Current Estimated Value
$824,678

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 24, 2024
Sold by
Eric C Carranco Trust and Uta Carranco Family Trust
Bought by
Overhaul Properties Llc
Seller's Agent
Patrick Rampi
MODUS Real Estate
Buyer's Agent
Benjamin Rhodin
Stealth Wealth Group
List Price
$755,000
Sold Price
$710,000
Premium/Discount to List
-$45,000
-5.96%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$707,478
Interest Rate
7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2015
Sold by
Carranco Herman J and Madeline Carranco C
Bought by
The Carranco Family Trust

Purchase Details

Closed on
Jul 6, 2012
Sold by
Carranco Family Trust
Bought by
Eric C Carranco Trust

Purchase Details

Closed on
Dec 31, 1999
Sold by
Carranco Herman J and Madeline Carranco C
Bought by
Carranco Herman J and Madeline Carranco C

Purchase Details

Closed on
Dec 15, 1998
Sold by
Carranco Herman J and Carranco Madeline C
Bought by
Carranco Herman J and Madeline Carranco C

Purchase Details

Closed on
Dec 17, 1997
Sold by
Carranco Herman J and Carranco Madeline C
Bought by
Carranco Herman J and Carranco Madeline
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
Rhodin Real Estate Llc $928,000 Land Title
Overhaul Properties Llc $710,000 Land Title Guarantee
The Carranco Family Trust -- None Available
Eric C Carranco Trust -- None Available
Carranco Herman J -- --
Carranco Herman J -- --
Carranco Herman J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overhaul Properties Llc $707,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $710,000 -5.2% $189 / Sq Ft
06/03/2024 06/03/24 Price Changed $749,000 -0.8% $200 / Sq Ft
04/23/2024 04/23/24 For Sale $755,000 -- $201 / 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 $3,494 $36,022 $14,882 $21,140
2023 $3,494 $36,022 $14,882 $21,140
2022 $2,884 $29,450 $11,956 $17,494
2021 $2,997 $30,966 $12,571 $18,395
2020 $2,419 $25,071 $8,158 $16,913
2019 $2,387 $25,071 $8,158 $16,913
2018 $2,467 $25,191 $7,212 $17,979
2017 $2,258 $25,191 $7,212 $17,979
2016 $2,002 $21,037 $5,117 $15,920
2015 $1,796 $21,037 $5,117 $15,920
2014 $1,796 $17,741 $4,384 $13,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2948766

REcolorado®

APN: 39-101-07-009