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Westminster 80003 South Westminster
5612 W 71st Circle
$500,000
● House - Off Market

5612 W 71st Circle

Arvada, CO 80003
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,502 Ft²
$503,165
RealtyHop Estimate
5.93%
Since Dec 1, 2021
CO-Denver
Primary Model

About This Property

Offer deadline noon Sunday 10/24. Great house, renovation, HOA and location!  Sweet 2-story, renovated under a designer, with all new: SS appliances, carpet, gorgeous LVP flooring, neutral paint, contemporary lighting, bath vanities, garage door, new roof under warranty!  View windows to downtown and the mountains. Nice deck and stone patio for outdoor entertaining. Low fee HOA offers pool, clubhouse, park and play area, $66/mo! Close to Olde Town Arvada and light rail into the city. Beautiful and affordable home!
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$316
Property Type
House
Property Taxes
$95
HOA Dues
$66
Year Built
1978

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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 #RECIR953425)

Price History

Date / Event Date Event Price
Nov 18, 2021 Sold
Premium
Sold
Oct 18, 2021 Listed by RE/MAX of Boulder, Inc $475,000
Listed by RE/MAX of Boulder, Inc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 843
  • Garage Type: 1
  • Garage Square Area: 430
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,443
  • Total Building Area: 2,775
  • Gross Building Area: 2,775
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATIO SUBDIVISION
  • Land Acres: 0000000102
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 01 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 586800 SUBDIVISIONNAME PATIO SUBDIVISION BLOCK 004 LOT 0019 SIZE: 4430 TRACT VALUE: .102

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010208

Geography

  • Assessors Map Reference: 12-J
  • Account Number: 300106416
  • Parcel: 39-011-06-020
  • Block: 4
  • Lot: 19
  • Meridian: SEC 01 TWN 03S RNG 69W
  • Municipality: WESTMINSTER
  • Latitude: 39.826
  • Longitude: -105.059

    Address

  • Full Address: 5612 W 71st Cir
  • Address - House Number: 5612
  • Street Direction: W
  • Address - Street Name: 71st
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Arvada
  • Carrier Code: C020
  • 4-Digit Zip Code: 3806
  • Zip Code: 80003

Valuation

    Tax

  • Total Area: 2,345
  • Tax Year: 2023
  • Tax Amount: $257,476
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 537,040
  • High Value: 620,542
  • Low Value: 453,538

    Market Valuation

  • Market Total Value: $559,631
  • Market Land Value: $172,897
  • Market Improvement Value: $386,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,810
  • Assessed Land Value: $11,584
  • Assessed Improvements Value: $22,226

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021162853
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 South Westminster

Stats & Trends

Median Asking:

$498,000

Sale Price/ft²

$288

Below Asking

0.02%

Average Days on Market

46

Average Home Size

1796 ft²

Average Home Age

55.9 years

Currently For Sale

90 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 5612 West 71st Circle built and last sold?
The property at 5612 West 71st Circle was built in 1978 and last sold on Nov 17, 2021 for $500,000.
How much is this home worth?
The estimated value of the home located at 5612 West 71st Circle is $0.
What are some comparable homes to 5612 West 71st Circle?
There are currently no comparable homes to 5612 West 71st Circle.
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