NOT LISTED FOR SALE

Estimated Value: $684,432 - $890,000

6 Beds
4 Baths
2,714 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $749,000 $276 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,713/month

4 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Evaporated cooling system
  • 2 Car Attached Garage
  • Baseboard Heating
  • 5-minute walk to Fitzmorris Park

About This Home

As of March 2022

Excellent Investment Opportunity. Well kept duplex in great Arvada location. Each side has 3 bed, 2 bath and a 1 car garage. Good sized fenced yard for each unit. Over 1350 sq. ft. of living space each side, with washer/dryer in unit. Long term tenants in both sides, paying well below market rents (average rent is $1475 currently) Great opportunity to come in and improve performance quickly. Please do not disturb tenants. 24 hours notice required to view. Only showing 9496 until offer is accepted.

Last Agent to Sell the Property

Allen Perry

Mile High Commercial Advisors, Ltd. License #100079247 Listed on: 02/23/2022

Last Buyer's Agent

Sam Salankey

House2Home LLC License #100023503

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1963

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • 2,714 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected

Additional Features

  • Laundry in unit
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association
  • Arvada Subdivision

Listing and Financial Details

  • Exclusions: Any tenant property or possessions
  • Tenant pays for electricity, gas
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 004976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,880

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Split Entry (Bi-Level)
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 2714
  • Exclusions: Any tenant property or possessions
  • Living Area: 2714
  • SubdivisionName: Arvada
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Flooring: Carpet, Tile
  • Basement: No
  • Total Bedrooms: 6

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Baseboard
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit

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: 004976
  • Lot Size Acres: 0.28
  • Building Area Total: 2714
  • Lot Size Sq Ft: 12000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2880

MLS Schools

  • Elementary School: Fitzmorris
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2014
Sold by
Ostermann James Gus and Ostermann Carol C
Bought by
Perry Nicholas Steven
Total Days on Market
4
Current Estimated Value
$778,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Diky Vera and Diky Aleksandr
Bought by
Ostermann James Gus and Ostermann Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.37%
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 Buyer Sale Price Title Company
Perry Nicholas Steven $370,000 Heritage Title
Ostermann James Gus $299,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tippets Brenden $506,473
Closed Perry Nicholas Steven $100,000
Closed Perry Nicholas Steven $277,500
Previous Owner Ostermann James Gus $229,000
Previous Owner Ostermann James Gus $239,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $749,000 0.0% $276 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $749,000 -- $276 / 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 $4,125 $42,525 $19,758 $22,767
2023 $4,125 $42,525 $19,758 $22,767
2022 $3,236 $33,039 $14,696 $18,343
2021 $3,362 $34,740 $15,453 $19,287
2020 $2,880 $29,840 $11,979 $17,861
2019 $2,841 $29,840 $11,979 $17,861
2018 $2,753 $28,116 $9,523 $18,593
2017 $2,520 $28,116 $9,523 $18,593
2016 $2,148 $22,569 $6,092 $16,477
2015 $1,816 $22,569 $6,092 $16,477
2014 $1,816 $17,934 $5,158 $12,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2434742

REcolorado®

APN: 39-033-24-006