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Arvada 80004 Northwest Arvada
12224 W 68th Pl
$650,000
● House - Off Market

12224 W 68th Pl

Arvada, CO 80004
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,129 Ft²
$3,531
Est. Monthly
4.64%
Cap Rate

About This Property

Welcome home to this light, airy and modern open-concept, 3 bed/3 bath living space. New paint & carpet throughout. Move-in ready. Wow! You have to see this kitchen - major remodel complete with a high-end refrigerator, gas stove and double oven. Perfect for stylish dinner parties or relaxed family meals. The main floor spills into the family room with a stunning brick, wood-burning fireplace for those winter evenings spent at home. The lower level opens to a covered patio and private backyard.
Unit Size
2,129 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$305
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (IRES MLS #1017118)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Aug 23, 2024 Listed by RE/MAX of Boulder, Inc $650,000
Listed by RE/MAX of Boulder, Inc
Jul 7, 2020 Sold
Premium
Sold
Dec 3, 2012 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 621
  • Garage Type: 1
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,189
  • Total Building Area: 2,754
  • Gross Building Area: 2,874
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODLAND VALLEY FLG # 1
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 05 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 851000 SUBDIVISIONNAME WOODLAND VALLEY FLG # 1 BLOCK 003 LOT 0003 SIZE: 8198 TRACT VALUE: .188

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 009841

Geography

  • Assessors Map Reference: 11-K
  • Account Number: 300073617
  • Parcel: 39-051-11-002
  • Block: 3
  • Lot: 3
  • Meridian: SEC 05 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.8215
  • Longitude: -105.136

    Address

  • Full Address: 12224 W 68th Pl
  • Address - House Number: 12224
  • Street Direction: W
  • Address - Street Name: 68th
  • Address - Suffix Type: Pl
  • State: CO
  • City Name: Arvada
  • Carrier Code: C056
  • 4-Digit Zip Code: 2321
  • Zip Code: 80004

Valuation

    Tax

  • Total Area: 2,229
  • Tax Year: 2023
  • Tax Amount: $363,356
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 614,171
  • High Value: 705,125
  • Low Value: 523,216

    Market Valuation

  • Market Total Value: $614,114
  • Market Land Value: $223,935
  • Market Improvement Value: $390,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,461
  • Assessed Land Value: $15,004
  • Assessed Improvements Value: $22,457

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2020079329
  • Previous Sale Recording Date: Dec 03, 2012
  • Previous Sale Contract Date: Nov 27, 2012
  • Previous Sale Amount: $257,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Arvada

Stats & Trends

Median Asking:

$615,000

Sale Price/ft²

$292

Below Asking

0.02%

Average Days on Market

41

Average Home Size

1889 ft²

Average Home Age

42.3 years

Currently For Sale

35 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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IRES

Listed by: John Hampshire, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1017118
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 12224 West 68th Place built and last sold?
The property at 12224 West 68th Place was built in 1968 and last sold on Jul 6, 2020 for $505,000.
How much is this home worth?
The estimated value of the home located at 12224 West 68th Place is $653,485.
What are some comparable homes to 12224 West 68th Place?
There are currently no comparable homes to 12224 West 68th Place.
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