NOT LISTED FOR SALE

8987 W 51st Ave Arvada, CO 80002

Estimated Value: $501,000 - $652,000

2 Beds
1 Bath
1,164 Sq Ft
$492/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $604,000 $519 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,305/month

24 Days on Market

Highlights

  • Horses Allowed On Property
  • No HOA
  • Enclosed Patio or Porch
  • Farmhouse Style Home
  • Separate Outdoor Workshop
  • 2-minute walk to Four Acre Lake Park

About This Home

As of September 2022

This adorable farmhouse, built in 1919, sits in the heart of Arvada. With .53 acres, it feels nothing like city life. Across from fields, it's quiet and serene. The 2bd/1bth home is cozy and comfortable. Bring all your toys and gardening as the property has three storage sheds/outbuildings. The pasture at the back of the property is the perfect place for your chickens, goats or horses. Zoned for mixed use and suburban and with no HOA, the possibilities of expansion, additions or building new are endless! This type of property is hard to come by anymore. You don't want to miss out.

Last Agent to Sell the Property

Lindsay Eisiminger

Resident Realty Listed on: 07/13/2022

Resident Realty

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1919

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Level Lot
  • Zero Lot Line
  • Property is zoned MX-S

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating System
  • Water Rights Not Included

Additional Features

  • No Interior Steps
  • Mineral Rights Excluded
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Sayers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 163490

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,954

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Year Built: 1919
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 0.53
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Sayers
  • Directions: Wadsworth Blvd toward SH-121, keep right onto SH-121 North, Left onto W 52nd Ave, Left onto Dover St, Right onto W 51st Ave, Property in on your Right.
  • Above Grade Finished Sq Ft: 1164
  • Architectural Style: Farm House, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1164
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Farm
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Accessibility Features: Level Lot, No Stairs, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1164
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 110
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Vinyl Floor
  • Room Living Room Area: 165
  • Living Room Features: Carpet
  • Room Kitchen Area: 130
  • Room Master Bedroom Area: 156
  • Master Bathroom Features: Shared Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Zero Lot Line, Fire Hydrant within 500 Feet, Water Rights Excluded, Mineral Rights Excluded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Workshop, Storage
  • Patio And Porch Features: Patio, Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Well
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: MX-S
  • Current Use: Zoning Appropriate for 2 Horses
  • Lot Size Sq Ft: 23100
  • Parcel #: 163490
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1954

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Sep 9, 2022
Sold by
Shaw Pamela S
Bought by
Rosenfield Jay Nickolas and Johns Vanessa
Seller's Agent
Lindsay Eisiminger
Resident Realty
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$625,000
Sold Price
$604,000
Premium/Discount to List
-$21,000
-3.36%
Current Estimated Value
$572,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,695
Avg. Annual Appreciation
-1.74%
Original Mortgage
$604,000
Outstanding Balance
$577,282
Interest Rate
5.3%
Mortgage Type
VA
Estimated Equity
-$4,977

Purchase Details

Closed on
Aug 5, 2021
Sold by
Shaw Pamela S
Bought by
Shaw Pamela S and Shaw Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
2.9%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Shaw Robert L and Shaw Pamela S
Bought by
Shaw Pamela S

Purchase Details

Closed on
Jun 30, 1995
Sold by
Quataert Michael P and Quataert Carla J
Bought by
Shaw Robert L and Shaw Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,366
Interest Rate
7.77%
Mortgage Type
FHA
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
Rosenfield Jay Nickolas $604,000 --
Shaw Pamela S -- Heritage Title Company
Shaw Pamela S -- None Available
Shaw Robert L $89,900 Colorado National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenfield Jay Nickolas $604,000
Previous Owner Shaw Pamela S $810,000
Previous Owner Shaw Robert L $89,366
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $604,000 +0.8% $519 / Sq Ft
07/28/2022 07/28/22 Price Changed $599,000 -4.2% $515 / Sq Ft
07/15/2022 07/15/22 For Sale $625,000 -- $537 / 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 $3,252 $32,633 $19,671 $12,962
2023 $3,252 $32,633 $19,671 $12,962
2022 $1,926 $26,154 $14,480 $11,674
2021 $1,954 $26,906 $14,896 $12,010
2020 $1,594 $23,282 $12,514 $10,768
2019 $1,573 $23,282 $12,514 $10,768
2018 $1,177 $18,933 $9,987 $8,946
2017 $1,079 $18,933 $9,987 $8,946
2016 $975 $17,934 $9,687 $8,247
2015 $731 $17,934 $9,687 $8,247
2014 $731 $14,062 $7,479 $6,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 970820

IRES MLS

APN: 39-154-03-016