2 months on rocket

11518 W 16th Ave, Lakewood, CO, 80215

$495,000

Home List Price

$5,878*

Closing Credit

0 Baths
House

Location

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11518 W 16th Ave, Lakewood$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
MLS #IR1019304
StatusActive

About 11518 W 16th Ave

This modern 3-bedroom, 4-bathroom townhome offers 1,500 sqft of living space and is currently rented at $2,990/month, making it an excellent addition to any investor's portfolio. The property includes durable flooring throughout, in-unit laundry, central air conditioning, and a fully equipped kitchen. Situated just blocks from the Light Rail Station and the redevelopment at Denver Federal Center, this townhome is perfectly positioned in the path of progress. With quick access to both 6th Ave and I-70, it's also minutes from Colorado Mills and Maple Grove Park/Reservoir. A builder warranty offers added peace of mind, and the high demand in this area ensures reliable rental income. Don't miss this rare chance to secure a lucrative, low-maintenance investment in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024

Listing Office:

  • Office Name: Coldwell Banker Realty-Boulder
  • Office Phone: (303) 442-5001
  • Listing Agent: David Janis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Basement: No
  • Interior: Open Floorplan, Radon Mitigation System, Walk-In Closet(s)

Exterior Features

Exterior Information:

  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000

HOA Fees:

  • Amount: $120
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$580.8K

Med. Price/SqFt

$319

Avg. Days On Market

40

# of Sold Homes

141

11518 W 16th Ave vs Lakewood

87 DAYS ON ROCKET

+47 Days

$495,000

-$85.8K Less

KEY TAKEAWAY

This property is $85.8K less than the Median Sold Price in Lakewood, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #IR1019304

Listing Office:

  • Office Name: Coldwell Banker Realty-Boulder
  • Office Phone: (303) 442-5001
  • Listing Agent: David Janis

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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: 12/21/2024, 9:12:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,658

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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.

Nearby Schools

school-card-donut-797416
8
/10
  • Stober Elementary School

  • 2300 Urban St

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-797417
6
/10
  • Welchester Elementary School

  • 13000 W 10th Ave

  • 1.14 miles

  • Public District Grades PK-5

school-card-donut-797418
5
/10
  • Eiber Elementary School

  • 1385 Independence St

  • 1.19 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,030. The most common annual income of people living in Lakewood, CO is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11518 W 16th Ave

What is the listing price of this property?

The listing price of 11518 W 16th Ave property is $495,000.

What type of property is this?

The property 11518 W 16th Ave is a house located in Lakewood, Colorado, 80215.

Is this property for sale now?

Active Listing: 11518 W 16th Ave is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 11518 W 16th Ave is 2024.

Rocket Homes›Colorado›Jefferson County›Lakewood›80215›11518 W 16th Ave

This home is located at 11518 W 16th Ave in Lakewood, CO and zip code 80215 in the Applewood neighborhood. This home was built in 2024. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $495,000.

In November 2024 more than 32 listings in Lakewood, CO were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 79 were sold below. In November 2024 in Lakewood, CO there were 9.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $580,864.

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

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