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5450 Otis Street

5450 Otis Street, Arvada, CO 80002
Property in Jefferson
Local assessors in Arvada, CO have categorized 5450 Otis Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 6,011 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5450 Otis Street has a total of 1,421 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 441 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with brick control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on a evaporative cooler for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5450 Otis Street was last sold in May 15, 2003 for $210,000. According to our calculations, that's $147.78 per sqft. Current property owners are expected to pay $2,852 in taxes per year. The property on 5450 Otis Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $28,617. To break that down further, the land itself was valued at $12,908. While improvements to the property were assessed at a total of $15,709. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Split level
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 441
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,011
  • Total Building Area: 1,421
  • Gross Building Area: 1,493
  • Building Area: 1,421
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Evaporative cooler
  • Heating: Forced air unit
  • Heated Square Feet: 1,421
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLUMBINE ACRES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Apartments (generic)
  • Legal Description 1: SECTION 13 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 147000 SUBDIVISIONNAME COLUMBINE ACRES BLOCK 003 LOT 0005 SIZE: 6033 TRACT VALUE: .138

Ownership

  • Current Owner : GRIGSBY GLENN A
  • Current Owner 2: GRIGSBY CONSTANCE J
  • Previous Owner : YOUNGER GARY JAMES
  • Previous Owner 2: YOUNGER ELEANOR C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 010406

Geography

  • Account Number: 300005771
  • Parcel: 39-132-09-005
  • Block: 3
  • Lot: 5
  • Meridian: SEC 13 TWN 03S RNG 69W
  • Municipality: ARVADA
  • Latitude: 39.7955
  • Longitude: -105.071

    Address

  • Full Address: 5450 Otis St
  • Address - House Number: 5450
  • Address - Street Name: Otis
  • Address - Suffix Type: St
  • State: CO
  • City Name: Arvada
  • Carrier Code: C014
  • 4-Digit Zip Code: 3836
  • Zip Code: 80002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,852
  • Tax Rate Code Area: 1006

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 541,612
  • High Value: 622,313
  • Low Value: 460,911

    Market Valuation

  • Market Total Value: $482,126
  • Market Land Value: $192,657
  • Market Improvement Value: $289,469

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,617
  • Assessed Land Value: $12,908
  • Assessed Improvements Value: $15,709

    Sales

  • Current Sale Contract Date: May 15, 2003
  • Current Sale Recording Date: May 30, 2003
  • Current Sale Transaction ID: 11454958045
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: F1764128

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTY RESIDENTIAL LENDING I
  • First Mortgage Transaction Date: May 30, 2003
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2033

About Arvada



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5450 Otis Street located in?
The 5450 Otis Street is a located in the neighborhood of Jefferson in Arvada, Arvada.
What is the average sales price for listings in 5450 Otis Street?
The average sales price for units in 5450 Otis Street is $0 currently.

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