8 months on rocket

6630 W 38th Ave, Wheat Ridge, CO, 80033

$975,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Baths
3,656 SqFt
$267/SqFt
Multi
Schools Nearby

Location

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6630 W 38th Ave, Wheat Ridge$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1955
HeatingBaseboard
CoolingEvaporative Cooling
BasementYes
MLS #4359703
Lot Size0.27 Acres
StatusActive

About 6630 W 38th Ave

Opportunity knocks! Tremendous Wheat Ridge MU-N Zoning which allows commercial and residential uses and encourages mixed density development opportunities. This all-brick, 4-Plex has three units rented with long term tenants on Month-to-Month lease. This is an estate – sellers have never lived in the property and have very little actual knowledge of the property. There are no cap rates/rent rates/maintenance records available to share. Both upper units are both 2 bed/1 bath with large kitchen and living room and shared swamp cooler. The lower units are both 1 bed/1 bath with kitchen & living room. Separate furnace and water heater per unit. Minor improvements have been made to the units. The complex shares a community laundry facility for all tenants. Ample parking for all tenants at rear of the property. All four units are individual electric meter, 2 gas meters, 1 water meter. Interior pictures are of only one unit - others are occupied. Great income investment opportunity as you can continue to rent units while you complete DD on a redevelopment – or refresh and keep with four great rentals! Close to I70 and the mountains, LOCATED WITHIN “Ridge at 38” which includes restaurants/lounges like Clancey’s, Mestizo Brew Cantina, Colorado Plus Brew Pub and Taphouse, the Bardo Coffee house, Infinitus Pizza Pie, La Fonda Mexican restaurant, Wheat Ridge Lanes. Not to mention conveniently located to grocery stores, the RTD bus line, highway access, and more! **Contact Listing Agent For Showing Information**

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Living Area: 3,656 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS AVENUES REALTY
  • Office Phone: (303) 472-2681, (720) 484-8600
  • Listing Agent: Ryan Heckenberg

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Landscaped, Level, Near Public Transit
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Wheat Ridge High School, Public District Grades 9-12
  • Everitt Middle School, Public District Grades 7-8
  • Stevens Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Wadsworth go East on W 38th Ave .7 miles to property on South Side

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
  • Price Per SqFt: $267/SqFt

Tax Information:

  • Annual Amount: $2,595
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wheat Ridge, CO.

Med. Sold Price

$668.7K

Med. Price/SqFt

$375

Avg. Days On Market

21

# of Sold Homes

34

6630 W 38th Ave vs Wheat Ridge

245 DAYS ON ROCKET

+224 Days

$975,000

+$306.2K More

$267/SqFt

-$109 Less

KEY TAKEAWAY

This property is $306.2K more than the Median Sold Price and $109/SqFt less than other homes in Wheat Ridge, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #4359703

Listing Office:

  • Office Name: KELLER WILLIAMS AVENUES REALTY
  • Office Phone: (303) 472-2681, (720) 484-8600
  • Listing Agent: Ryan Heckenberg

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Equal Housing

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

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 1:57:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,595$29,727
2019$2,486$29,934
2018$2,245$27,904
2017$1,971$30,849

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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-4555083
4
/10
  • Stevens Elementary School

  • 4001 Reed St

  • 0.40 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4555084
2
/10
  • Everitt Middle School

  • 3900 Kipling St

  • 2.01 miles

  • Public District Grades 7-8

High School

school-card-donut-4555085
4
/10
  • Wheat Ridge High School

  • 9505 W 32nd Ave

  • 1.84 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,042. The majority of Wheat Ridge, CO residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoJefferson CountyWheat Ridge800336630 W 38th Ave

This home is located at 6630 W 38th Ave in Wheat Ridge, CO and zip code 80033 in the Old Town Wheat Ridge neighborhood. This 3,656 square foot home, which was built in 1955, sits on a 0.27 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 31, 2023 and is currently priced at $975,000.

In April 2024, from all listings sold in Wheat Ridge, CO there were more than 9 sold above asking price, over 14 sold below and more than 11 were sold right at the asked price. The number of listings in Wheat Ridge, CO increased by 42.7% between March 2024 and April 2024. The median list price of listings available in April 2024 was $668,750, while the average time on the real estate market was 21 days.

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

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