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Sold for $455,182
  • $455,182

    7109 W 61st Avenue, Arvada, CO 80003

    3beds
    1,974sqft
    Single Family Residence
    Built in 1947
    0.54 Acres Lot
    $437,700 Zestimate®
    $231/sqft
    $2,316 Estimated rent

    Home value

    $437,700

    $407,000 - $468,000

    $2,316/mo

    Zestimate® history
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    What's special

    Spacious lot
    EXCEPTIONAL INVESTMENT OPPORTUNITY: PRIME LOT FOR DEVELOPMENT!!! Back on market; buyer financing fell through at the last minute! Welcome to a unique investment opportunity in a highly sought-after area! This single-family home is situated on a generous lot with potential for significant future development. Boasting ample space, this property is zoned to allow the construction of up to three single family homes, a triplex, or a single family home plus a duplex, making it an ideal choice for investors or builders looking to maximize profitability. PROPERTY HIGHLIGHTS: Spacious Lot: A generous parcel offering the potential to build up to three homes, providing ample room for expansion and development. Prime Location: Minutes away from Olde Town's shops, galleries, restaurants, boutiques, coffee shops, live music, outdoor events Walkable: Olde Town is pedestrian-friendly and easy to stroll around. Location: Olde Town is also home to residential living and is a stop on the RTD's G Line commuter rail, which goes to Denver International Airport. Single-Family Home: A single family residence currently on the lot, offering immediate rental income or a comfortable living space while you plan your development project. Development Potential: Zoned for multi-home construction, this property offers exceptional flexibility and opportunities for maximizing investment value. INVESTMENT BENEFITS: High ROI Potential: With the ability to build multiple homes on a single lot, investors can significantly enhance their return on investment. Desirable Area: Benefit from a location that attracts interest from buyers/renters, ensuring strong marketability of new properties. Strategic Growth: Take advantage of the area's growth trends and rising property values to secure a lucrative development opportunity. Don't miss out on this rare chance to capitalize on a prime piece of real estate. Contact us today to explore the potential of this exceptional property!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Valerie Beaudoin 303-726-1847 vbeaudoin00@gmail.com,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC,

    Katie Beaudoin 303-909-2318,

    Berkshire Hathaway HomeServices Colorado Real Estate, LLC

    Bought with:

    Paul Motz-Storey, 40023169

    Storey Real Estate & Constr

    Source: REcolorado as distributed by MLS GRID,MLS#: 4222203MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Basement
    Living room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Cellar,Partial
    Interior area
    • Total structure area: 1,974
    • Total interior livable area: 1,974 sqft
    • Finished area above ground: 1,264
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 0.54 Acres
    Details
    • Parcel number: 004053
    • Zoning: R-6
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Block, Vinyl Siding
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Agriculture/Ditch Water, Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired)

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Rowans
    HOA
    • Has HOA: No
    Location
    • Region: Arvada

    Financial & listing details

    • Price per square foot: $231/sqft
    • Tax assessed value: $527,064
    • Annual tax amount: $2,303
    • Date on market: 8/19/2024
    • Listing terms: 1031 Exchange,Cash
    • Exclusions: Sellers Personal Property, Freezer In Basement, Water Tank In Yard.
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/24/2025Sold$455,182+1.2%$231/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    2/25/2025Pending sale$450,000$228/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    2/23/2025Price change$450,000-14.3%$228/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    2/17/2025Pending sale$525,000$266/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    1/24/2025Price change$525,000-4.5%$266/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    1/18/2025Pending sale$550,000$279/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    1/6/2025Price change$550,000-2.7%$279/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    12/28/2024Listed for sale$565,000$286/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    11/21/2024Pending sale$565,000$286/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    11/19/2024Price change$565,000-1.7%$286/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    9/25/2024Price change$575,000-4.2%$291/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    8/19/2024Listed for sale$600,000+421.7%$304/sqft
    Source: REcolorado as distributed by MLS GRID #4222203 Report a problem
    5/7/1997Sold$115,000$58/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,300 -0.1%$32,941 +8.2%
    2024$2,303 +23.5%$30,442
    2023$1,864 -1.6%$30,442 +17.2%
    2022$1,895 +34%$25,984 -2.8%
    2021$1,414 $26,732 +22.6%
    2020$1,414 +1.4%$21,805
    2019$1,395 +10.4%$21,805 +8.4%
    2018$1,264 $20,110
    2017$1,264 +33.2%$20,110 +12.9%
    2016$949 $17,816
    2015$949 +34.2%$17,816 +27.6%
    2014$707 -43%$13,967
    2013$1,240 +2.1%$13,967 +13%
    2012$1,214 -13.9%$12,363
    2011$1,411 +5.8%$12,363 -14.4%
    2010$1,333 -6.6%$14,450
    2009$1,427 +0%$14,450 -6.4%
    2008$1,427 -3.8%$15,440
    2007$1,483 +1%$15,440 -2.8%
    2006$1,468 -1.7%$15,890 -1.8%
    2005$1,494 +9.3%$16,180
    2004$1,367 -5.9%$16,180
    2003$1,453 +1.7%$16,180 -4.4%
    2002$1,428 +18%$16,920 +32%
    2001$1,210 -1%$12,820
    2000$1,222 $12,820
    Find assessor info on the county website

    Neighborhood: Lamar Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Secrest
    • Middle: North Arvada
    • High: Arvada
    • District: Jefferson County R-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $437,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $437,700