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Twin Lakes 80221
7056 Alan Drive
$485,000
● House - Off Market

7056 Alan Drive

Denver, CO 80221
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,657 Ft²
$463,401
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

Updated brick ranch on great block!  Wonderful curb appeal and gorgeous finishes!  Brand new windows!  SELLERS WILL LEAVE ANY AND ALL FURNISHINGS, DISHES ETC. THAT THE BUYER WANTS!  New paint, stainless appliances, updated bathrooms and gorgeous flooring!  Very spacious floor plan with 3 bedrooms and 2 baths!  Move in ready!  Large, private backyard with a shed!  Finished basement with a large storage/laundry area! Easy access to highways and just minutes to downtown Denver and the mountains!  Hurry!
Unit Size
1,657 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$287
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
1956

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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 #REC6370677)

Price History

Date / Event Date Event Price
Jun 2, 2023 Sold
Premium
Sold
May 16, 2023 Listed by MARKET MASTERS REAL ESTATE $474,900
Listed by MARKET MASTERS REAL ESTATE
Feb 8, 2019 Sold
Premium
Sold
Feb 2, 2019 No longer available -
No longer available
Nov 27, 2018 Listed by MARKET MASTERS REAL ESTATE $330,000
Listed by MARKET MASTERS REAL ESTATE
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 850
  • Garage Type: 3
  • Garage Square Area: 250
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,657
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,657
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERL MACK MANOR THIRD FILING
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:PERL MACK MANOR THIRD FILING BLK:7 LOT:14

Neighborhood

  • School District Name: Westminster School District 50
  • School Tax School District: WESTMINSTER PUB
  • Census Tract: 009502

Zoning

  • Zoning: R1C

Geography

  • Assessors Map Reference: 223-V
  • Account Number: R0099060
  • Parcel: R0099060
  • Block: 7
  • Lot: 14
  • Meridian: SEC 04 QTR 2 TWN 03S RNG 68W
  • Latitude: 39.825
  • Longitude: -105.01

    Address

  • Full Address: 7056 Alan Dr
  • Address - House Number: 7056
  • Address - Street Name: Alan
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Denver
  • Carrier Code: C013
  • 4-Digit Zip Code: 2525
  • Zip Code: 80221

Valuation

    Tax

  • Total Area: 1,700
  • Tax Year: 2022
  • Tax Amount: $285,724
  • Tax Rate Code Area: 49-495

    Appraisal Valuation

  • Standard Deviation: 0.0605
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 97
  • Final Value: 481,141
  • High Value: 510,259
  • Low Value: 452,023

    Market Valuation

  • Market Total Value: $462,000
  • Market Land Value: $83,000
  • Market Improvement Value: $379,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,250
  • Assessed Land Value: $5,610
  • Assessed Improvements Value: $25,640

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 31023
  • Previous Sale Recording Date: Feb 08, 2019
  • Previous Sale Contract Date: Feb 07, 2019
  • Previous Sale Amount: $315,000
  • 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 Twin Lakes

Stats & Trends

Median Asking:

$562,500

Sale Price/ft²

$283

Below Asking

0.03%

Average Days on Market

63

Average Home Size

2069 ft²

Average Home Age

26.7 years

Currently For Sale

57 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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Frequently Asked Questions

When was property at 7056 Alan Drive built and last sold?
The property at 7056 Alan Drive was built in 1956 and last sold on Jun 2, 2023 for $485,000.
How much is this home worth?
The estimated value of the home located at 7056 Alan Drive is $0.
What are some comparable homes to 7056 Alan Drive?
There are currently no comparable homes to 7056 Alan Drive.
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