4 months on rocket

Backup Offers

1072 S Arbutus St, Lakewood, CO, 80228

$1,375,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
5,720 SqFt
$240/SqFt
Multi

Location

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1072 S Arbutus St, Lakewood$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingConcrete
Year Built1969
HeatingBaseboard
CoolingNone
MLS #2049520
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Pending)

About 1072 S Arbutus St

Discover a hidden gem nestled in the coveted Green Mountain neighborhood of Lakewood—an outstanding 4-unit multifamily building that promises significant value-add potential. Perfectly positioned in a vibrant and sought-after area, this property is ideal for the savvy investor looking to capitalize on a high-performing asset. Situated in the heart of Green Mountain, this property enjoys proximity to parks, trails, shopping, dining, and excellent schools, making it highly desirable for tenants. Each of the four units boasts a generous floor plan, averaging around 1430 square feet, providing ample living space and comfort for residents. Every unit comes with its own garage, adding convenience and value for tenants. The upper units feature large decks perfect for relaxing and entertaining, while the lower units offer private, fenced backyards ideal for families and pet owners. This multifamily building represents a unique opportunity to acquire a well-maintained property in a high-demand location with excellent upside potential. Don’t miss your chance to invest in a property that combines strong current returns with the ability to significantly enhance profitability. Seize this opportunity to grow your portfolio in one of Lakewood’s finest neighborhoods. Contact us today to schedule a viewing and explore the possibilities this property has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1969
  • Living Area: 5,720 SqFt

Listing Office:

  • Office Name: Altos Realty Advisors, Inc.
  • Office Phone: (720) 392-5663, (303) 747-4782
  • Listing Agent: Christopher Kooij

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher
  • Basement: No
  • Flooring Type: Carpet, Laminate

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony, Private Yard

Parking Information:

  • Attached Garage: No
  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Green Mountain High School, Public District Grades 9-12
  • Dunstan Middle School, Public District Grades 7-8
  • Foothills Elementary School, Public District Grades PK-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,375,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $4,973
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lakewood, CO.

Med. Sold Price

$580.7K

Med. Price/SqFt

$319

Avg. Days On Market

30

# of Sold Homes

140

1072 S Arbutus St vs Lakewood

125 DAYS ON ROCKET

+95 Days

$1,375,000

+$794.2K More

$240/SqFt

-$80 Less

KEY TAKEAWAY

This property is $794.2K more than the Median Sold Price and $80/SqFt less than other homes in Lakewood, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #2049520

Listing Office:

  • Office Name: Altos Realty Advisors, Inc.
  • Office Phone: (720) 392-5663, (303) 747-4782
  • Listing Agent: Christopher Kooij

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IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 1:12:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 02, 2015Home Sold
$663,200

Tax History

YEARPROP. TAXASSESSMENT
2020$4,973$54,912
2019$4,258$55,296
2018$3,743$46,080
2017$2,182$50,944

History based on county public records data.

Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-579041
6
/10
  • Foothills Elementary School

  • 13165 W Ohio Ave

  • 0.47 miles

  • Public District Grades PK-6

Middle School

school-card-donut-579042
5
/10
  • Dunstan Middle School

  • 1855 S Wright St

  • 1.01 miles

  • Public District Grades 7-8

High School

school-card-donut-579043
8
/10
  • Green Mountain High School

  • 13175 W Green Mountain Dr

  • 0.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,234. Residents of Lakewood, CO typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoJefferson CountyLakewood802281072 S Arbutus St

This home is located at 1072 S Arbutus St in Lakewood, CO and zip code 80228 in the Green Mountain Estates neighborhood. This 5,720 square foot home, which was built in 1969, sits on a 0.25 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $1,375,000.

In September 2024, from all listings sold in Lakewood, CO there were more than 36 sold above asking price, over 66 sold below and more than 38 were sold right at the asked price. The number of listings in Lakewood, CO increased by 0.7% between August 2024 and September 2024. In September 2024 median list price was $580,727 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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