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Arvada 80002 Arvada Plaza Area
5545 Cody Court
$595,000
● House - Off Market

5545 Cody Court

Arvada, CO 80002
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,387 Ft²
$564,981
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

OFFERS DUE MONDAY 5/8 by 12 PM noon! This is the home you've been looking for! Located in upcoming  desirable metro Denver neighborhood area, this updated 3 bed/2 bath house has it all. The remodeled kitchen's tasteful finishes include granite countertops, stainless steel appliances and a gas stove. The living room anchors the home's open floor plan. Both bathrooms feature modern vanities and attractive new tile. A sliding barn door opens from the kitchen into a large and bright workspace/rec-room with windows on 3 sides. Entertaining is easy on the large deck, overlooking the low-maintenance xeriscape and fenced backyard. Excellent location minutes from historic Olde Town Arvada and its many restaurants, shops and breweries. Easy access via highway and Light-Rail to downtown Denver, DIA and the mountains.
Unit Size
1,387 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$417
Property Type
House
Property Taxes
$201
HOA Dues
-
Year Built
1952

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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 (REcolorado MLS #RECIR986506)

Price History

Date / Event Date Event Price
Jun 5, 2023 Sold
Premium
Sold
Apr 28, 2023 Listed by Live West Realty $579,000
Listed by Live West Realty
May 4, 2022 Sold
Premium
Sold
Oct 15, 2015 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1965
  • 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: 1
  • Garage Square Area: 241
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,057
  • Total Building Area: 1,387
  • Gross Building Area: 1,387
  • Building Area: 1,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,146
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARA BELLE
  • Land Acres: 0000000162
  • 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 0042 SIZE: 7054 TRACT VALUE: .162

Neighborhood

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

Geography

  • Account Number: 300007926
  • Parcel: 39-151-02-015
  • Lot: 42
  • Meridian: SEC 15 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.7975
  • Longitude: -105.092

    Address

  • Full Address: 5545 Cody Ct
  • Address - House Number: 5545
  • Address - Street Name: Cody
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Arvada
  • Carrier Code: C008
  • 4-Digit Zip Code: 3022
  • Zip Code: 80002

Valuation

    Tax

  • Total Area: 1,146
  • Tax Year: 2023
  • Tax Amount: $280,030
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 563,907
  • High Value: 650,202
  • Low Value: 477,613

    Market Valuation

  • Market Total Value: $485,888
  • Market Land Value: $270,998
  • Market Improvement Value: $214,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,870
  • Assessed Land Value: $18,157
  • Assessed Improvements Value: $10,713

    Sales

  • Current Sale Contract Date: Jun 01, 2023
  • Current Sale Recording Date: Jun 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 32944
  • Previous Sale Recording Date: May 04, 2022
  • Previous Sale Contract Date: Apr 15, 2022
  • Previous Sale Amount: $427,500
  • 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:

$609,500

Sale Price/ft²

$329

Below Asking

0.02%

Average Days on Market

40

Average Home Size

1832 ft²

Average Home Age

68.2 years

Currently For Sale

18 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 5545 Cody Court built and last sold?
The property at 5545 Cody Court was built in 1952 and last sold on Jun 1, 2023 for $595,000.
How much is this home worth?
The estimated value of the home located at 5545 Cody Court is $584,966.
What are some comparable homes to 5545 Cody Court?
There are currently no comparable homes to 5545 Cody Court.
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