See Home Value
$475,000
● House - Off Market

7542 Otis St

Arvada, CO 80003
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,354 Ft²
$2,680
Est. Monthly
7.13%
Cap Rate

About This Property

Don't miss this excellent opportunity to own a 4-bedroom, 2-bathroom home in the heart of Arvada-perfect for investors, fix-and-flippers, or anyone looking to customize a home to match their vision. This property offers great bones and endless potential to add value and personal touches. The full unfinished basement is already stubbed for a bathroom and features large above-ground windows, allowing for plenty of natural light and making it a perfect space to finish out as a rec room, guest suite, or additional living area. A utility sink is already installed in the basement, adding convenience for laundry, hobbies, or workshop space. The home features a thoughtful layout with one full bathroom on the main level and another upstairs, offering flexibility for families, roommates, or guests. The oversized garage provides extra space for storage, a workshop, or parking, and it includes direct access to the backyard. Step outside to a generously sized lot with a private, fully fenced backyard-ideal for entertaining, gardening, or pets. Enjoy outdoor living with no HOA restrictions, giving you the freedom to make improvements or additions as you see fit. The property is equipped with a whole house attic fan to help regulate temperature and improve energy efficiency. Located in the sought-after Jefferson County School District, this home is close to parks, schools, shopping, and dining, making it both convenient and desirable. Whether you're looking for your next investment property or a home to remodel and make your own, this Arvada gem offers the space, layout, and location to bring your vision to life. Don't wait-homes with this kind of potential and flexibility are hard to find. Schedule your showing today and start imagining the possibilities!
Unit Size
1,354 Ft²
Days on Market
29 days
Land Size
0.20 acres
Price per sqft
$369
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1971

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (REcolorado MLS #4080578)

Price History

Date / Event Date Event Price
Jul 25, 2025 Sold
Sold
Jun 25, 2025 In contract -
In contract
Jun 20, 2025 Listed $499,900
Listed
Dec 16, 1998 Sold
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,756
  • Total Building Area: 2,722
  • Gross Building Area: 2,722
  • Building Area: 1,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 10
  • Heated Square Feet: 1,354
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS SUB FLG #1 THE
  • Land Acres: 0000000201
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 36 TOWNSHIP 02 RANGE 69 QTR SW SUBDIVISIONCD 344800 SUBDIVISIONNAME HIGHLANDS SUB FLG #1 THE BLOCK 003 LOT 0011 SIZE: 8748 TRACT VALUE: .201

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010209

Geography

  • Account Number: 300092880
  • Parcel: 29-363-08-021
  • Block: 3
  • Lot: 11
  • Meridian: SEC 36 TWN 02S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.8335
  • Longitude: -105.071

    Address

  • Full Address: 7542 Otis St
  • Address - House Number: 7542
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: CO
  • City Name: Arvada
  • Carrier Code: C057
  • 4-Digit Zip Code: 2856
  • Zip Code: 80003

Valuation

    Tax

  • Total Area: 2,218
  • Tax Year: 2023
  • Tax Amount: $270,504
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 525,414
  • High Value: 607,108
  • Low Value: 443,719

    Market Valuation

  • Market Total Value: $471,246
  • Market Land Value: $141,975
  • Market Improvement Value: $329,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,888
  • Assessed Land Value: $9,512
  • Assessed Improvements Value: $18,376

    Sales

  • Current Sale Contract Date: Nov 27, 1998
  • Current Sale Recording Date: Dec 16, 1998
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: F0759199
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 Highlands


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 7542 Otis Street built and last sold?
The property at 7542 Otis Street was built in 1971 and last sold on Nov 27, 1998 for $129,000.
How much is this home worth?
The estimated value of the home located at 7542 Otis Street is $500,379.
What are some comparable homes to 7542 Otis Street?
There are currently no comparable homes to 7542 Otis Street.