Property Overview
Welcome to your next investment opportunity in Arvada - an area with only 2.5 months of inventory! This spacious 4 bed, 3 bath bi-level home offers 2,288 sq ft of living space, an oversized 624 sq ft two-car attached garage, all on a large .26 acres lot in the sought-after Scenic Heights neighborhood.
As you enter the house, you’ll take the stair up to an open living area with fireplace and dining room. The large kitchen is perfect for entertaining and leads out to a back deck overlooking the backyard. Three bedrooms and two bathrooms are on this level. Downstairs, you’ll find another generous living area with a fireplace, a sizable bedroom, and a bathroom.
We have budgeted for a tasteful remodel that includes updates to the kitchen, bathrooms, flooring, paint, and landscaping. Plus, the addition of A/C will ensure your comfort year-round. According to the seller the roof is in good shape, has newer double pane vinyl windows, a newer water heater, and a boiler.
The Jefferson County R1 school district and 2023 taxes of $4,328 add to the appeal of this property.
Don’t miss out on this opportunity in a fast-selling neighborhood - perfect for cash buyers or investors in Arvada.
Neighborhood : Wonderful Arvada location next to Oberon lake, Olde Town Arvada and the Majestic View Nature Center.
Video Walkthrough
This home has a good roof, according to the seller, along with a new boiler, a newer water heater, and double-pane vinyl windows. We have a generous budget for a nice kitchen, bathrooms, flooring and paint. We have included adding A/C. The home currently has a new swamp cooler. We have also included some landscaping, exterior paint, electrical updates and some general conditions to give this home a market standard remodel.
Total Budget: $78,500
Nicely updated 4 bed 3 bath 2,288 sq ft home with a large 624 sq ft two car attached garage on a large .26 acres lot with great curb appeal in the desirable Hayes Lake subdivision of Arvada.
This home has great curb appeal in a very desirable Arvada neighborhood with no activities currently in a fast selling area close to the lake and Majestic View nature center, Oberon Lake and Olde Town Arvada.
Closing is scheduled for 09/20/2024.
We are flexible in moving the timeline for closing up!9922 W 66th Place, Arvada, CO 80004 Zillow
This comp comp located near the subject sold for $745,000 in April. This is a similar sf ranch home with 5 beds (3 in the basement) 3 baths and a one car attached garage and sits on a 1,632 sq ft smaller lot. Subject is a 4 bed 3 bath home with an oversized two car garage with large living space on the bottom level. Comp has been updated upstairs with a nice kitchen and bathrooms. The basement is clean with an updated bathroom but lacks the finishes of the top floor. Subject will be a similar finish after included fix budget.
6939 Iris Street, Arvada, CO 80004 Zillow
This comp in the same subdivision as the subject sold for $705,00 in April (shows as $721K purchase price, yet $16K in concessions were given). This is a 3 bed 3 bath ranch home with 3,100 sq ft with most of the basement unfinished for a total of 2,600 sq ft. This comp has a two car attached garage and sits on a 2,021 sq ft smaller lot. This subject is dated and in need of a remodel unlike a subject that will have a nice finish after included fixed budget.
9561 W 64th Place, Arvada, CO 80004 Zillow
This comp was sold for $795,000 on 8/2/2024. This is a similar sf ranch home with 5 beds (3 non comp forming in the basement), 3 baths with a 523 sq ft two-car attached garage on a 1,727 sq ft smaller lot. Subject has a 624 sq ft oversized two-car garage. This comp is nicely updated and shows that with a nicer fix a higher ARV is possible. Also worth noting that it was sold off market in Dec 2023 for $525K to an investor, who listed it on 7/3/2023, pending on 7/15/2023.
6862 Garland St., Arvada, CO 80004 Zillow
Pending in 4 Days! This 2/2 is a notable mention - while it was listed and pending quickly ($649K list price), it is all Original circa ’76 - Sold as is. Unfinished basement with what appears to be large cracks. Total of 1,625 finished sq ft, 420 sq ft in basement.
