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Arvada 80002 Arvada Plaza Area
5480 Dover Court
$520,000
● House - Off Market

5480 Dover Court

Arvada, CO 80002
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,200 Ft²
$502,530
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

Rare oversized lot on a cul-de-sac in Old Towne Arvada. Home offers a lot of upside. Property offers several different opportunities, either to just move in, renovate, add an addition, or scrape and build new. Buyer to verify square footage as porch was enclosed at some point and has been used as additional square footage.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$429
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 (REcolorado MLS #REC5101813)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Mar 31, 2023 Listed by Kim Irving & Associates $515,000
Listed by Kim Irving & Associates
Oct 20, 2016 Sold
Premium
Sold
Jun 20, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,846
  • Total Building Area: 1,009
  • Gross Building Area: 1,339
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARA BELLE
  • Land Acres: 0000000249
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 129000 SUBDIVISIONNAME CLARA BELLE BLOCK LOT 0072 SIZE: 10844 TRACT VALUE: .249

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010308

Geography

  • Account Number: 300009610
  • Parcel: 39-151-03-023
  • Lot: 72
  • Meridian: SEC 15 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.7968
  • Longitude: -105.094

    Address

  • Full Address: 5480 Dover Ct
  • Address - House Number: 5480
  • Address - Street Name: Dover
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Arvada
  • Carrier Code: C008
  • 4-Digit Zip Code: 3024
  • Zip Code: 80002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,968
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 554,001
  • High Value: 641,564
  • Low Value: 466,437

    Market Valuation

  • Market Total Value: $550,428
  • Market Land Value: $322,008
  • Market Improvement Value: $228,420

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,194
  • Assessed Land Value: $21,575
  • Assessed Improvements Value: $11,619

    Sales

  • Current Sale Contract Date: Jun 06, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33758
  • Previous Sale Recording Date: Oct 20, 2016
  • Previous Sale Contract Date: Oct 13, 2016
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: 68
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 Arvada Plaza Area

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$325

Below Asking

0.02%

Average Days on Market

40

Average Home Size

1793 ft²

Average Home Age

68.4 years

Currently For Sale

19 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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Frequently Asked Questions

When was property at 5480 Dover Court built and last sold?
The property at 5480 Dover Court was built in 1952 and last sold on Jun 6, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 5480 Dover Court is $519,765.
What are some comparable homes to 5480 Dover Court?
There are currently no comparable homes to 5480 Dover Court.
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