See Home Value
$395,000
● House - Off Market

7402 W 59th Ave

Arvada, CO 80003
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,022 Ft²
$2,114
Est. Monthly
7.60%
Cap Rate

About This Property

Don't miss the chance to pickup a property with tremendous potential located in a hot Arvada neighborhood! The lot is raised and has ~5,916 total sqft (51'x116') with an alley in the back. The zoning is R13.  The home is listed in public record as having 1,022 sqft with 3 bedrooms and 1 bath, but the layout supports adding a primary bath and an open floor plan without having to reconfigure very much.  There's a one-car, attached garage below that faces the front of the lot with a concrete driveway. Both structures were built circa 1949. The property hasn't changed hands for more than thirty years. The neighborhood continues to support renovations. Ideal for people looking for sweat equity and have a loan that supports that end or seasoned investors, contractors, and/or developers. Property is being sold strictly AS-IS. No repairs will be made by the seller.  

***PLEASE SEE BROKER REMARKS PRIOR TO SUBMITTING ANY OFFER
Unit Size
1,022 Ft²
Days on Market
21 days
Land Size
0.14 acres
Price per sqft
$377
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1949

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (REcolorado MLS #7625567)

Price History

Date / Event Date Event Price
Sep 24, 2025 Sold
Sold
Sep 8, 2025 In contract -
In contract
Sep 3, 2025 Listed by Vision Real Estate Llc $385,000
Listed by Vision Real Estate Llc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • 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: 220
  • Garage Type: 1
  • Garage Square Area: 250
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,881
  • Total Building Area: 1,492
  • Gross Building Area: 1,690
  • Building Area: 1,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,022
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOBERG
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 11 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 475000 SUBDIVISIONNAME LOBERG BLOCK 002 LOT 0012 SIZE: 5863 TRACT VALUE: .135

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010305

Geography

  • Account Number: 300009389
  • Parcel: 39-114-05-009
  • Block: 002
  • Lot: 12
  • Meridian: SEC 11 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.8035
  • Longitude: -105.08

    Address

  • Full Address: 7402 W 59th Ave
  • Address - House Number: 7402
  • Street Direction: W
  • Address - Street Name: 59th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Arvada
  • Carrier Code: C025
  • 4-Digit Zip Code: 5404
  • Zip Code: 80003

Valuation

    Tax

  • Total Area: 1,242
  • Tax Year: 2023
  • Tax Amount: $268,226
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 560,950
  • High Value: 644,022
  • Low Value: 477,877

    Market Valuation

  • Market Total Value: $467,726
  • Market Land Value: $211,861
  • Market Improvement Value: $255,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,653
  • Assessed Land Value: $14,195
  • Assessed Improvements Value: $13,458
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Olde Town Arvada Area


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Frequently Asked Questions

When was property at 7402 West 59th Avenue built and last sold?
The property at 7402 West 59th Avenue was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7402 West 59th Avenue is $387,907.
What are some comparable homes to 7402 West 59th Avenue?
There are currently no comparable homes to 7402 West 59th Avenue.