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Arvada 80002 Arvada Plaza Area
5580 Cody Ct
$565,000
● House - Off Market

5580 Cody Ct

Arvada, CO 80002
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$561,466
RealtyHop Estimate
-2.35%
Since Aug 1, 2023
CO-Denver
Primary Model

About This Property

WELCOME HOME! SPACIOUS RANCH HOME ON CORNER LOT NEAR OLD TOWNE ARVADA, NEEDS SOME TLC, HAS GREAT POTENTIAL! LARGE LIVING ROOM ALONG WITH 3 BEDROOMS AND 1 FULL BATH ON THE MAIN FLOOR, SPACIOUS KITCHEN AND BONUS ROOM OFF THE KITCHEN ALSO ON MAIN LEVEL, LARGE FENCED IN BACKYARD WITH 2 CAR DETACHED GARAGE, BASEMENT HAS A LAUNDRY ROOM, BATHROOM, FAMILY ROOM AND 2 NON-CONFORMING ROOMS (NO EGRESS). THIS ONE IS READY FOR YOUR SPECIAL TOUCH, COME AND SEE IT TODAY!!
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$491
Property Type
House
Property Taxes
$204
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: 12 months ago (REcolorado MLS #1736126)

Price History

Date / Event Date Event Price
Jul 18, 2023 Sold
Premium
Sold
Jun 23, 2023 Listed by Welcome Home Real Estate LLC $575,000
Listed by Welcome Home Real Estate LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 8
  • Basement Area: 1,060
  • Garage Type: 4
  • Garage Square Area: 536
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,926
  • Total Building Area: 2,232
  • Gross Building Area: 2,287
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLARA BELLE
  • Land Acres: 0000000159
  • 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 0105 SIZE: 6926 TRACT VALUE: .159

Neighborhood

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

Geography

  • Account Number: 300006549
  • Parcel: 39-151-01-008
  • Lot: 15
  • Meridian: SEC 15 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.7982
  • Longitude: -105.092

    Address

  • Full Address: 5580 Cody Ct
  • Address - House Number: 5580
  • Address - Street Name: Cody
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Arvada
  • Carrier Code: C008
  • 4-Digit Zip Code: 3023
  • Zip Code: 80002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $265,092
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 475,527
  • High Value: 553,113
  • Low Value: 397,941

    Market Valuation

  • Market Total Value: $462,906
  • Market Land Value: $239,381
  • Market Improvement Value: $223,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,330
  • Assessed Land Value: $16,039
  • Assessed Improvements Value: $11,291

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 43064
  • Previous Sale Recording Date: Jul 18, 2023
  • Previous Sale Contract Date: Jul 18, 2023
  • Previous Sale Amount: $282,500
  • 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:

$622,500

Sale Price/ft²

$326

Below Asking

0.02%

Average Days on Market

40

Average Home Size

1781 ft²

Average Home Age

68.3 years

Currently For Sale

20 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

Rentals Near You

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REcolorado

Listed by: Ryan Litzinger, Welcome Home Real Estate LLC
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 1736126
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5580 Cody Court built and last sold?
The property at 5580 Cody Court was built in 1952 and last sold on Jul 14, 2023 for $282,500.
How much is this home worth?
The estimated value of the home located at 5580 Cody Court is $557,288.
What are some comparable homes to 5580 Cody Court?
There are currently no comparable homes to 5580 Cody Court.
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