When was property at 8615 West 54th Place built and last sold?

The property at 8615 West 54th Place was built in 1959 and last sold on Feb 29, 2024 for $935,000.

How much is this home worth?

The estimated value of the home located at 8615 West 54th Place is $0.

What are some comparable homes to 8615 West 54th Place?

There are currently no comparable homes to 8615 West 54th Place.

Arvada

80002

8615 W 54th Pl

$935,000

● House - Off Market

8615 W 54th Pl

Arvada, CO 80002

8 Beds

4 Baths

3,584 Ft²

$4,920

Est. Monthly

About This Property

Four-unit apartment building located just minutes from Olde Town Arvada. Current 6.58% CAP Rate with rents already near the top of the market. All four units have 2-bedrooms and 1-bathroom, and the property has a total of 3,584 square feet. The roof was replaced in 2017. One newer furnace. Two newer water heaters. Plenty of off-street parking and parking in the back for tenants. Less than 5-minutes to the Olde Town Arvada Light Rail Stop and local hot spots like The Bluegrass Lounge, The Arvada Tavern, Teocalli Cocina, and Denver Beer Co. Terrace Park is also right across the street.

Unit Size

3,584 Ft²

Days on Market

Land Size

Price per sqft

$261

Property Type

House

Property Taxes

$329

HOA Dues

Year Built

1959

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (REcolorado MLS #9851994)

Price History

Date / Event	Date	Event
Mar 4, 2024	Sold	Premium
Sold
Feb 29, 2024	Listed by MODUS Real Estate	$935,000
Listed by MODUS Real Estate
Apr 5, 2013	Sold	Premium
Sold
Jun 3, 2002	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Total Rooms: 4
Bedroom Count: 0
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 34
Exterior Walls Type: 24
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 4
Floor Cover: 0
Basement Type: 8
Basement Area: 1,792
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,492

Total Building Area: 3,584
Gross Building Area: 3,584
Building Area: 3,584
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 4
Heated Square Feet: 3,584
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 4

Property Class: R
Subdivision: GARNEAL ACRES
Land Acres: 0000000172
Standard Land Use Code: 1110
County Land Use Code: 1502
State Land Use Code: 1120
Legal Description 1: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 262800 SUBDIVISIONNAME GARNEAL ACRES BLOCK LOT 0002 SIZE: 7476 TRACT 00A VALUE: .172

Neighborhood

School District Name: Jefferson County School District R-1

Census Tract: 010402

Geography

Account Number: 300007732

Subdivision Tract Number: A
Parcel: 39-151-12-011
Block: L
Lot: 2
Meridian: SEC 15 TWN 03S RNG 69W
Municipality: ARVADA
Latitude: 39.7954
Longitude: -105.094

Address

Full Address: 8615 W 54th Pl

Address - House Number: 8615
Street Direction: W
Address - Street Name: 54th
Address - Suffix Type: Pl
State: CO
City Name: Arvada
Carrier Code: C008
4-Digit Zip Code: 3425
Zip Code: 80002

Valuation

Tax

Tax Year: 2023

Tax Amount: $394,736
Tax Rate Code Area: 1013

Appraisal Valuation

Standard Deviation: 0.1841

Valuation Date: Mar 06, 2024
Confidence Score: 63
Final Value: 698,587
High Value: 827,265
Low Value: 569,908

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $662,400

Market Land Value: $149,520
Market Improvement Value: $512,880

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $40,696
Assessed Land Value: $10,018
Assessed Improvements Value: $30,678

Sales

Current Sale Contract Date: Feb 29, 2024

Current Sale Recording Date: Mar 04, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 11653
Previous Sale Recording Date: Apr 05, 2013
Previous Sale Contract Date: Apr 04, 2013
Previous Sale Amount: $320,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Arvada

Stats & Trends

Median Asking:

$639,250

Sale Price/ft²

$305

Below Asking

0.02%

Average Days on Market

Average Home Size

2166 ft²

Average Home Age

33.5 years

Currently For Sale

775 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 5352 Allison St, Other, CO, 80002

$1,712 /mo

1 Bed
1 Bath

5352 Allison St, Other, CO, 80002 Listing by Rick Rivera

Unit for rent at 9235 W 48th Ave, Other, CO, 80033

$1,223 /mo

1 Bed
1 Bath

9235 W 48th Ave, Other, CO, 80033 Listing by Rick Rivera

Unit for rent at 4401 Everett Dr, Other, CO, 80033

$1,450 /mo

2 Beds
1 Bath

4401 Everett Dr, Other, CO, 80033 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Patrick Rampi, MODUS Real Estate
Last Updated: 2 years ago
Data Source: REcolorado MLS, MLS# 9851994

© 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.

8615 W 54th Pl

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Arvada

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions