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Sold for $420,000
  • $420,000

    7127 Otis Street, Arvada, CO 80003

    3beds
    1,800sqft
    Single Family Residence
    Built in 1969
    7,405 Square Feet Lot
    $561,200 Zestimate®
    $233/sqft
    $3,082 Estimated rent

    Home value

    $561,200

    $533,000 - $589,000

    $3,082/mo

    Zestimate® history
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    What's special

    Open layout
    Great fix and flip, or sweat equity opportunity in Lamar Heights! Property has great bones, and is ready for your personal touch or full renovation. Fantastic layout, with potential to remove the wall between the kitchen and living room, creating an open layout. Finishes are all original. The home could be liveable with some minimal upgrades, but would benefit most from a full remodel. The windows are double pane & furnace is newer. Age of roof unknown. Fantastic investment opportunity with several exit strategies. Home is in a great central location, just a quick drive to Old Town Arvada, Highalnd, Denver, and with quick access to all major highways.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nate Sylvan 303-963-6334,

    Capital Property Group LLC

    Bought with:

    Nate Sylvan, 100074265

    Capital Property Group LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 7058268MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Description: Needs Wall Installed, But Can Be Bedroom
    • Level: Basement
    Bathroom
    • Level: Main
    Bathroom
    • Level: Basement
    Family room
    • Level: Basement
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Basement
    Heating
    • Forced Air
    Cooling
    • Evaporative Cooling
    Features
    • Flooring: Wood
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Basement
    Interior area
    • Total structure area: 1,800
    • Total interior livable area: 1,800 sqft
    • Finished area above ground: 900
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Fencing: Partial
    Lot
    • Size: 7,405 Square Feet
    Details
    • Parcel number: 075428
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lamar Heights Flg # 7
    HOA
    • Has HOA: No
    Location
    • Region: Arvada

    Financial & listing details

    • Price per square foot: $233/sqft
    • Tax assessed value: $500,603
    • Annual tax amount: $2,240
    • Date on market: 5/7/2025
    • Listing terms: Cash,Conventional
    • Ownership: Individual
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/30/2025Sold$420,000-4.3%$233/sqft
    Source: REcolorado as distributed by MLS GRID #7058268 Report a problem
    5/12/2025Pending sale$439,000$244/sqft
    Source: REcolorado as distributed by MLS GRID #7058268 Report a problem
    5/7/2025Listed for sale$439,000+306.9%$244/sqft
    Source: REcolorado as distributed by MLS GRID #7058268 Report a problem
    7/14/1994Sold$107,900$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,240 -0.1%$31,288 +4.9%
    2024$2,242 +21.5%$29,819
    2023$1,846 -1.6%$29,819 +15.6%
    2022$1,876 +16.5%$25,796 -2.8%
    2021$1,610 $26,538 +11.3%
    2020$1,610 +1.4%$23,836
    2019$1,588 +27.3%$23,836 +19.5%
    2018$1,248 $19,942
    2017$1,248 +44.3%$19,942 +17.7%
    2016$865 -0.5%$16,940
    2015$869 +29.9%$16,940 +28.2%
    2014$669 -0.6%$13,214
    2013$673 -48.9%$13,214 -1.5%
    2012$1,317 -3%$13,414
    2011$1,359 +5.7%$13,414 -3.7%
    2010$1,285 -6.4%$13,930
    2009$1,374 +0%$13,930 -6.3%
    2008$1,373 +0.7%$14,860
    2007$1,364 +1%$14,860 +1.7%
    2006$1,350 -1.5%$14,610 -1.5%
    2005$1,370 +9.3%$14,840
    2004$1,254 +4.2%$14,840
    2003$1,204 +1.7%$14,840 +5.8%
    2002$1,183 +7%$14,020 +19.6%
    2001$1,106 -1%$11,720
    2000$1,117 $11,720
    Find assessor info on the county website

    Neighborhood: Hackberry Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Swanson
    • 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
    $561,200
    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
    $561,200