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Commerce City 80022
7980 Olive St
$375,000
● House - Off Market

7980 Olive St

Commerce City, CO 80022
bedrooms
2 Beds
bathrooms
1 Bath
square feet
696 Ft²
$341,525
RealtyHop Estimate
-2.42%
Since Jul 1, 2023
CO-Denver
Primary Model

About This Property

The best value in the city! This move in ready property offers an array of desirable features, including a spacious yard with three fruit trees, a back patio complete with an awning for outdoor relaxation, and two storage sheds for all your storage needs. The attached garage is a rare find at this price point! Inside, you'll find all hard flooring throughout the living spaces, adding an elegant touch while ensuring easy maintenance. Located in a convenient location, this home also offers the advantage of being close to grocery stores for convenient shopping and is easily accessible to the highways, simplifying your daily commute and providing easy access to nearby destinations. Experience the perfect blend of comfort, convenience, and natural beauty in this exceptional property. This one offers tremendous value.
Unit Size
696 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$503
Property Type
House
Property Taxes
$129
HOA Dues
-
Year Built
1954

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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: 12 months ago (REcolorado MLS #9223624)

Price History

Date / Event Date Event Price
Jun 21, 2023 Sold
Premium
Sold
May 25, 2023 Listed by Keller Williams Realty Downtown LLC $350,000
Listed by Keller Williams Realty Downtown LLC
Jun 5, 2017 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,032
  • Gross Building Area: 1,032
  • Building Area: 696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CALAHAN
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 1112
  • Legal Description 1: SUB:CALAHAN SUBD BLK:2 LOT:3

Neighborhood

  • School District Name: Adams County School District 14
  • School Tax School District: SD 14-COMMERCE
  • Census Tract: 008801

Zoning

  • Zoning: R1C

Geography

  • Assessors Map Reference: 226-K
  • Account Number: R0078085
  • Parcel: R0078085
  • Block: 2
  • Lot: 3
  • Meridian: SEC 32 QTR 1 TWN 02S RNG 67W
  • Latitude: 39.8413
  • Longitude: -104.907

    Address

  • Full Address: 7980 Olive St
  • Address - House Number: 7980
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: CO
  • City Name: Commerce City
  • Carrier Code: C003
  • 4-Digit Zip Code: 1138
  • Zip Code: 80022

Valuation

    Tax

  • Total Area: 696
  • Tax Year: 2022
  • Tax Amount: $155,228
  • Tax Rate Code Area: 21-215

    Appraisal Valuation

  • Standard Deviation: 0.0606
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 97
  • Final Value: 354,341
  • High Value: 375,833
  • Low Value: 332,849

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $67,000
  • Market Improvement Value: $303,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,030
  • Assessed Land Value: $4,530
  • Assessed Improvements Value: $20,500

    Sales

  • Current Sale Contract Date: Jun 16, 2023
  • Current Sale Recording Date: Jun 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 34942
  • Previous Sale Recording Date: Jun 05, 2017
  • Previous Sale Contract Date: May 30, 2017
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: 71
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 Commerce City

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2243 ft²

Average Home Age

16.9 years

Currently For Sale

589 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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REcolorado

Listed by: Brenda Moreno Yeverino, Keller Williams Realty Downtown LLC
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 9223624
© 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 7980 Olive Street built and last sold?
The property at 7980 Olive Street was built in 1954 and last sold on Jun 16, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 7980 Olive Street is $0.
What are some comparable homes to 7980 Olive Street?
There are currently no comparable homes to 7980 Olive Street.
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