Homes/Colorado/Thornton/1501 E 98th Ave
CompCasa Property Analysis · single_family

1501 E 98th Ave

Large Lot 4-Bed Bi-Level in Quiet Thornton Cul-de-Sac

Spacious home on a 9,598 SF lot — value and upside in a commuter-friendly location

4 beds2 baths1,800 sq ftBuilt 19730.2203 acres1-car garage indicated in MLS data; configuration to be verified
CompCasa valuation analysis
Estimated market value
$407,500
Low $380,000 · Midpoint $407,500 · High $435,000
Confidence70%Sales comparison approach
Last recorded sale$410,000Mar 8, 2026
CompCasa estimate$407,500Mar 14, 2026
Estimate vs. last recorded sale−$2,500 / −0.6%
$380,000$407,500 midpoint$435,000
Price / sq ft$226
Median sale price$480,000
Avg days on market30 days
Inventory2.5 months

Estimate anchored to MLS list price of $410,000 and local suburban Thornton sales patterns for ~1,700-1,900 sf bi-levels on large lots. Adjusted for age (1973), condition (sold AS-IS), and lot size premium (9,598 sqft). No live comparable sales pulled; verify with local comps.

About the property

Large Lot 4-Bed Bi-Level in Quiet Thornton Cul-de-Sac

This bi-level home at 1501 E 98th Ave delivers rare scale and renovation potential in a quiet Thornton cul-de-sac. The generous lot — 9,598 SF — is the standout feature: deep rear yard space creates room for a meaningful outdoor program, whether you envision a patio and garden, play areas, or a custom entertaining yard with room for expansion. Inside, roughly 1,800 SF is distributed across upper and garden-level living areas that give you flexible separation for family life and work-from-home needs.

Four bedrooms and two full baths provide strong day-to-day functionality. The entry opens to a central circulation point, with the upper level providing primary living spaces and the garden level delivering secondary living/rec room space that transitions directly to the backyard. Original-era details are present throughout (including a bay window), and the layout has solid bones — an ideal candidate for a thoughtful cosmetic and systems refresh to unlock value.

The home is sold AS-IS and represents an attractive opportunity for buyers who want to add immediate equity through targeted updates. The oversized lot alone separates this property from many comparables in the price band and should support added value when the interior is modernized. Practical features include an indicated 1-car garage and driveway parking; confirm configuration during your showing.

Location is highly commuter-friendly: easy access to I-25, nearby shopping and services, and regional connections to Denver and Denver International Airport. This property will suit an owner-occupier looking to personalize a long-term family home or an investor seeking a single-family value-add in Thornton.

Schedule a showing with the listing agent to evaluate the property condition and discuss scope for improvements — with the right vision, this lot and layout can deliver meaningful upside.

Property details

A 1973 bi level on 0.22 acres.

Building

Year built1973
ConstructionWood Frame (Typical For Suburban Colorado Homes Of Era)

Site & utilities

Lot size0.2203 acres
Garage1-car garage indicated in MLS data; configuration to be verified
Stories2
ConditionAverage Fair
BasementNone
FireplaceNo
Improvement notesBi-level layout with upper and garden-level living areas. Strong bones noted in listing; property is being sold AS-IS and presents renovation upside.
Lot area9,598 sq ft
TopographyLevel
ParkingAttached Garage And Driveway
Parking spaces3
Parking notesMLS indicates 1 garage space; driveway parking available. Verify garage type on-site.
AccessLocated on a quiet cul-de-sac; easy access to local collector streets and I-25.
WaterPublic
SewerPublic Sewer
Location & nearby

Northeast Thornton / 98th Ave area

Researched nearby locations

The Streets at Northglenn (approx 3 mi)
Interstate 25 (immediate access)

Location

1501 E 98th Ave, Thornton, CO 80229

View in Google Maps
Editorial neighborhood context

The 98th Avenue area of northeast Thornton is a mature suburban neighborhood characterized by detached single-family homes, quiet streets, and a mix of original-era residences and renovated properties. Residents value lot sizes, access to local parks, and relatively fast commutes to Denver via I-25. Retail clusters and daily services are a short drive away, making the neighborhood practical for families and commuters.

Nearby access summary

Short drives to neighborhood parks and regional trails; yard size supports extensive private outdoor recreation and entertainment.

ElementaryWestlake Elementary School (Adams 12) — Est. Rating 6/10
Middle schoolNorthglenn Middle School (Adams 12) — Est. Rating 5/10
High schoolHorizon High School (Adams 12) — Est. Rating 6/10
School districtAdams 12 Five Star Schools
Market context

A factual market snapshot around 1501 E 98th Ave.

Median sale price$480,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation300.0%
5-year appreciation1800.0%
Editorial market perspective

Thornton sits on the more affordable edge of the Denver metro, and this segment (northeast Thornton/80229) attracts buyers seeking larger lots at lower price per square foot compared with inner suburbs. Over the last few years the area has seen steady, moderate appreciation; inventory levels fluctuate but suburban demand remains solid for move-in-ready homes. This property is priced to reflect condition and upside: at $410,000 it targets renovators and owner-occupiers who prioritize outdoor space and commuter access. If the market tightens, renovated homes on large lots in this corridor typically perform well — conversely, extended softening in the broader Denver market could compress margins for value-add plays. Overall, this is a compelling buy for an investor or homeowner prepared to invest in updates.

Zoning & land use

Single-family residential; typical lot coverage and uses consistent with detached homes. Verify with City of Thornton zoning map.

Zoning

Zoning codeR-1 / Single-Family Residential (likely)
DescriptionSingle-family residential; typical lot coverage and uses consistent with detached homes. Verify with City of Thornton zoning map.
JurisdictionCity of Thornton
Current useResidential
SetbacksSetbacks will follow City of Thornton residential standards; confirm for additions or accessory structures.

Research-indicated uses

  • Single Family Detached Dwelling
  • Accessory Structures Subject To Setback And Permit Rules
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Sale history

2019-01-07$205,000
2026-03-08$410,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • 4 beds / 2 baths; ~1,800 SF; built 1973 (MLS data)
  • 9,598 SF lot: above-average parcel for the immediate neighborhood
  • List price $410,000; price per SF reported ~$228
  • Property being sold AS-IS; previous public-record sale in 2019 at $205,000
  • Photos show original-era finishes and garden-level living spaces; bay window feature noted
Highlights & features

What stands out about this property.

019,598 SF oversized lot on a cul-de-sac
024 bedrooms with flexible bi-level layout
03Sold AS-IS — priced for renovation upside
04Strong commuter access to I-25 and Denver

Interior Features

  • 4 bedrooms, 2 full bathrooms
  • Approx. 1,800 SF across two levels
  • Garden-level living area ideal for family room or home office
  • Bay window detail adds character to main living area
  • Appliances included: refrigerator, range, microwave, dishwasher

Exterior & Lot

  • Large 9,598 SF lot (≈0.22 acres)
  • Located on a quiet cul-de-sac
  • Room for landscaping, garden, and outdoor entertaining
  • Driveway parking plus 1-car garage (verify)
  • Expansive rear yard with potential for additions or hardscape

Location & Neighborhood

  • Commuter-friendly access to I-25
  • Short drive to local shopping and dining corridors
  • Suburban family-oriented neighborhood in Thornton
  • Proximity to parks and recreational amenities

Walkability & Recreation

  • Walkability Rating: 45/100
  • Easy access to neighborhood parks and greenways
  • Nearby trails and regional recreation within short drive
  • Quiet residential streets for neighborhood walks and biking
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (scraped)View source
2
REColorado MLS (as distributed)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.