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921 E 8th Ave
Score
0
Broomfield, CO

921 E 8th Ave

560K
4 bd • 3 ba • 2,200 sf

This analysis was generated on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$559,900

Price/Sq.Ft

$255

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• The property has four bedrooms and three bathrooms, making it suitable for families or buyers who need extra space. • The square footage of 2,200 provides a comfortable living area, which is within the average range for a family home in Broomfield. • The price per square foot of $254.50 is competitive, given the Broomfield market, but a comparative analysis with similar homes is required. • The property's location in Broomfield provides access to the area's amenities, including schools, parks, and open spaces. • The median income of $103,204 in Broomfield indicates a stable and affluent community, which can be attractive to potential buyers. • The listed rental rate for a four-bedroom home ($3005) suggests a potential investment opportunity, or at least a good reference for the monthly cost of living in this house.

The Bad

• The lack of a property description and room details makes it difficult to evaluate the home's specific features, layout, and condition. This makes it challenging to compare it to other homes in the area. • The unknown year of construction presents uncertainty about the home's age, potential maintenance needs, and whether it complies with current building codes, potentially leading to unexpected costs. • The absence of utility information makes it difficult to estimate monthly expenses and assess the efficiency of the home's systems. This lack of transparency can be a concern for potential buyers. • The lack of any specified property features makes it difficult to assess the value of the property, and identify unique selling points.

The Ugly

• The lack of a property description and room details makes it difficult to assess the home's potential flaws, needed upgrades, and overall condition. This lack of transparency could hide significant issues or costs. • The unknown build year creates uncertainty about the home's structural integrity, potential for lead paint or asbestos, and the condition of major systems. This lack of information increases the risk of hidden problems. • The absence of utility information makes it difficult to estimate the true cost of ownership. Buyers could face unexpected high utility costs, which may affect affordability. • The lack of any specified property features makes it hard to determine any unique selling points, or special value that this house may have compared to other properties in the area. • The need to research oil and gas activity, airport noise, and radon risks adds complexity and potential stress to the home buying process. These factors could present significant health or financial risks if not addressed properly.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Families seeking a four-bedroom home in Broomfield with a median income of $103,204, who are comfortable with a price of $559,900 and are looking for a property with a price per square foot of $254.50. • Buyers who prioritize location and access to Broomfield's open spaces and recreation, while being mindful of potential airport noise and oil & gas activity. • Homebuyers who are prepared for a potentially competitive market with limited inventory and are ready to act quickly when they find a suitable property. • Individuals who are willing to research and address potential issues such as radon, HOA restrictions, and property taxes in the Broomfield area. • Buyers who are looking for a home with a reasonable monthly rental rate of $3005, as a future investment or as a comparison point.

Not For

• Buyers seeking a very low-cost home, as the price point of $559,900 is near the higher end for the area. • Individuals who are highly sensitive to noise, due to the proximity to the Rocky Mountain Metropolitan Airport. • Homebuyers who are not comfortable with the potential for oil and gas activity in the area, and the possible impacts on property values and health. • Those who need to avoid areas with rapid growth and development and would prefer a more established and less dynamic neighborhood. • Buyers who prefer a home with no HOA, as many Broomfield neighborhoods have HOA fees and restrictions that can significantly impact your lifestyle and budget.
Demographics
Area Median Income

$103,204

Property History

Price History
Ownership Timeline
$0Cash Purchase
Sep 20, 2022
Reid A Kurtenbach, Halie R KurtenbachBlank Space Trust
Bargain And Sale Deed
Non-Arm's Length Transactions
$0Cash Purchase
Jan 2, 2019
Reid LevyReid Kurtenbach, Halie Kurtenbach
Quit Claim Deed
Non-Arm's Length Transactions
$0Cash Purchase
May 18, 2015
Ginger LevyReid Levy
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Aug 30, 2010
Ginger K MartinGinger K Levig
Re-Recorded Document
Non-Arm's Length Transactions
$0Cash Purchase
Aug 30, 2010
Ginger K MartinGinger K Levy
Quit Claim Deed
Non-Arm's Length Transactions
$227,000Financed
Jun 4, 2010
Koorosh Ardalan, Raelynn Dee ArdalanReid A Levy, Ginger K Martin
Warranty Deed
Standard Sale (Purchase/Resales)
$217,500Financed
Nov 22, 2004
Harlan George Rummel, Norma Naomi DirksKoorosh Ardalan, Raelynn Dee Ardalan
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Dec 11, 2003
The Mary Elizabeth Dietz TrustHarlan George Rummel, Norma Naomi Dirks
Warranty Deed
Non-Arm's Length Transactions

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Risk Analysis

• Potential for noise pollution from the nearby Rocky Mountain Metropolitan Airport, which could impact the property's desirability for certain buyers. This risk should be assessed by checking noise maps and visiting the property at different times of the day. • Risk of oil and gas activity in the area, which could lead to concerns about property values, air quality, and health. Buyers should research past and present well locations near the property. • The property's unknown build year could pose risks related to outdated systems, potential structural issues, or code compliance concerns. A thorough inspection should be conducted. • Rapid growth and development in Broomfield could result in increased traffic, school overcrowding, and construction noise near the property. These risks should be factored into the decision-making process. • Potential HOA fees and restrictions could add to the cost of ownership and impact the buyer's lifestyle. The HOA documents should be reviewed carefully. • Radon is a concern in Colorado, and the property should be tested for radon during the inspection process. Mitigation systems could add additional costs. • The competitive real estate market in Broomfield may lead to bidding wars and the need to act quickly when finding a suitable property, which can be stressful for some buyers.

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Schools

Broomfield High School

Public•Grades 9-12
7/10
High
1,588 students

Birch Elementary School

Public•Grades PK-5
7/10
Elementary
420 students

Financials

Monthly Costs
Market Rent (4 bed)

$3,005

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$559,900
Price/sqft
$255
Layout
4 bd•3 ba

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$612,083

8.5%

Your price is 8.5% below average

Median Price

$602,500

7.1%

Based on 6 recent sales

Price per Sq.Ft

$284

10.4%

Your price is 10.4% below average $/sqft

Comparable Properties

926 Highland Park Drive, Broomfield, CO 80020
Price: $680,000
Sq.Ft: 1,919
Beds/Baths: 4/3
$/Sq.Ft:
$35439.2%
Sale Date: 12/12/2024
1129 Par Road, Broomfield, CO 80020
Price: $602,500
Sq.Ft: 2,090
Beds/Baths: 4/3
$/Sq.Ft:
$28813.3%
Sale Date: 10/31/2024
235 Main Street, Broomfield, CO 80020
Price: $590,000
Sq.Ft: 2,047
Beds/Baths: 4/3
$/Sq.Ft:
$28813.3%
Sale Date: 10/10/2024
255 Coral Way, Broomfield, CO 80020
Price: $580,000
Sq.Ft: 2,456
Beds/Baths: 4/3
$/Sq.Ft:
$2367.2%
Sale Date: 10/18/2024
255 Coral Way, Broomfield, CO 80020
Price: $580,000
Sq.Ft: 2,456
Beds/Baths: 4/3
$/Sq.Ft:
$2367.2%
Sale Date: 10/18/2024
12518 Tammywood Street, Broomfield, CO 80020
Price: $640,000
Sq.Ft: 2,124
Beds/Baths: 4/3
$/Sq.Ft:
$30118.4%
Sale Date: 9/10/2024

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