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Arvada 80005 Oak Crest
7883 Pierson Way
$795,000
● House - Off Market

7883 Pierson Way

Arvada, CO 80005
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,940 Ft²
$4,246
Est. Monthly

About This Property

Extremely rare opportunity to buy in Arvada's highly sought after Oak Park neighborhood.  Sitting on a 1/4 acre lot with nearly 3000 finished square feet. Just some of the updates in this amazing move-in ready 4 bedroom 3 bath home  home include a custom gourmet kitchen with slab granite counters, double ovens, a butler pantry, and heated floors, gas fireplace, newer a/c and furnace,  hardwood floors,  and finished basement w/ wet bar. The back yard is perfect for entertaining w/ a covered patio, hot tub, and an amazing 15x30 inground heated pool !
Unit Size
2,940 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$270
Property Type
House
Property Taxes
$342
HOA Dues
-
Year Built
1976

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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 months ago (REcolorado MLS #IRE5569672)

Price History

Date / Event Date Event Price
Aug 19, 2024 Sold
Premium
Sold
Aug 2, 2024 In contract -
In contract
Aug 2, 2024 Price Decreased $795,000
↓ $44K (5.2%)
Price Decreased
Jun 19, 2024 Price Increased $839,000
↑ $44K (5.5%)
Price Increased
Jun 13, 2024 Listed by Resident Realty North Metro LLC $795,000
Listed by Resident Realty North Metro LLC
Extremely rare opportunity to buy in Arvada's highly sought after Oak Park neighborhood. Sitting on a 1/4 acre lot with nearly 3000 finished square feet. Just some of the updates in this amazing move-in ready 4 bedroom 3 bath home home include a custom gourmet kitchen with slab granite counters, double ovens, a butler pantry, and heated floors, gas fireplace, newer a/c and furnace, hardwood floors, and finished basement w/ wet bar. The back yard is perfect for entertaining w/ a covered patio, hot tub, and an amazing 15x30 inground heated pool !
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 675
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 77
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,280
  • Total Building Area: 3,250
  • Gross Building Area: 3,520
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK PARK
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 33 TOWNSHIP 02 RANGE 69 QTR NW SUBDIVISIONCD 562400 SUBDIVISIONNAME OAK PARK BLOCK 002 LOT 0012 SIZE: 10277 TRACT VALUE: .236

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010205

Geography

  • Account Number: 300080130
  • Parcel: 29-332-01-040
  • Block: 2
  • Lot: 12
  • Meridian: SEC 33 TWN 02S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.84
  • Longitude: -105.123

    Address

  • Full Address: 7883 Pierson Way
  • Address - House Number: 7883
  • Address - Street Name: Pierson
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Arvada
  • Carrier Code: C072
  • 4-Digit Zip Code: 3451
  • Zip Code: 80005

Valuation

    Tax

  • Total Area: 2,678
  • Tax Year: 2023
  • Tax Amount: $410,682
  • Tax Rate Code Area: 1013

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 772,591
  • High Value: 887,461
  • Low Value: 657,720

    Market Valuation

  • Market Total Value: $686,953
  • Market Land Value: $242,677
  • Market Improvement Value: $444,276

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,340
  • Assessed Land Value: $16,259
  • Assessed Improvements Value: $26,081

    Sales

  • Current Sale Contract Date: Jul 26, 2012
  • Current Sale Recording Date: Aug 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012081088
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 Oak Crest

Stats & Trends

Median Asking:

$773,889

Sale Price/ft²

$288

Below Asking

0.01%

Average Days on Market

37

Average Home Size

2431 ft²

Average Home Age

53.1 years

Currently For Sale

8 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

Unit for rent at 11051 W 63rd Pl, Other, CO, 80004

$1,319 /mo

  • 1 Bed
  • 1 Bath
11051 W 63rd Pl, Other, CO, 80004 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
REcolorado

Listed by: Tony Thurman,
Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE5569672
© 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 7883 Pierson Way built and last sold?
The property at 7883 Pierson Way was built in 1976 and last sold on Jul 26, 2012 for $356,000.
How much is this home worth?
The estimated value of the home located at 7883 Pierson Way is $812,315.
What are some comparable homes to 7883 Pierson Way?
There are currently no comparable homes to 7883 Pierson Way.
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