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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Residential income homes
5429 Estes St Arvada, CO 80002-3317
Entity Owned
11-yr Hold
Property ID
US13-0363915
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1960
Construction
STEEL FRAME
Total area
3,424 SF
Lot
0.19 ac (8,455 SF)
APN
39-151-18-002
UPID
US13-0363915
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$680k
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$565k
Owner & transaction history
Blue Spruce Homes LLC · 11 yrs held
Blue Spruce Homes LLC
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Arvada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arvada submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
$735,000
6.5%
$680,000
7%
$630,000
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,593
Tax year 2023
Assessed value
$47,353
Assessed 2023
Previous assessed
$47,353
+0.0% YoY
Effective rate
9.70%
On assessed value
Assessed land
$11,330
Assessed improvement
$36,023
Land market value
$169,100
Improvement market value
$592,660
Total market value
$761,760
Applied tax rate
1,013.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Total area
3,424 SF
Lot
0.19 ac (8,455 SF)
APN
39-151-18-002
UPID
US13-0363915
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
3
Units
4
Rooms
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
Blue Spruce Homes LLC
Entity
Mailing address
700 COLORADO BLVD #110, DENVER, CO 80206-4084
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2015
$529,740
Blue Spruce Homes LLC
Patterstein Estes LLC
Warranty Deed
$377,740 · Firstbank
May 6, 2013
$275,000
Patterstein Estes LLC
Als Investments Colorado LLC
Grant Deed
$276,999 · John Patterson
Feb 15, 2013
$199,494
Als Investments Colorado LLC
Deutsche Bk Nat 2003-nc1
Grant Deed
—
Jun 22, 2012
—
Deutsche Bk Natl Trust 2003-nc1
Deputy Public Te Of Jefferson Cnt
Trustees Deed
related
—
Jun 12, 2012
$267,935
Sipriano Ramirez
Deputy Public Te Of Jefferson Cnt
Certificate Of Purchase
$252,000
Sep 12, 2011
—
Claudiae Ramirez
Ramirez,sipriano
Quit Claim Deed
related
—
Oct 18, 2002
$280,000
Sipriano Ramirez
Peters,kurt F & Joan M
Grant Deed
$252,000 · New Century Mortgage
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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