Beautifully updated 5-bed, 3-bath limewashed brick ranch with 2,036 sq ft of flexible, income-ready space in desirable Twin Lakes. The main level offers 2 bedrooms, 2 baths, hardwood floors, and a modern kitchen with quartz counters, stainless appliances, and two-tone cabinetry. The fully finished basement features 3 bedrooms, a kitchenette, family room, ¾ bath, and a large utility/laundry/storage room—perfect for rental income or multi-generational living. With a gross income of $58,542 in 2024 (averaging $4,878/month), this setup has proven cash-flow potential. Outside, enjoy a fenced backyard with firepit and a huge wraparound carport/covered patio, providing ample outdoor living space and parking. Lease-to-own solar panels help keep utilities low. The home is being offered fully furnished, providing a seamless, turn-key investment opportunity for the buyer. Move-in ready, income-producing, and built for flexibility — Ruth delivers comfort, convenience, and strong returns.
Beautifully updated 5-bed, 3-bath limewashed brick ranch with 2,036 sq ft of flexible, income-ready space in desirable Twin Lakes. The main level offers 2 bedrooms, 2 baths, hardwood floors, and a modern kitchen with quartz counters, stainless appliances, and two-tone cabinetry. The fully finished basement features 3 bedrooms, a kitchenette, family room, 3/4 bath, and a large utility/laundry/storage room-perfect for rental income or multi-generational living. With a gross income of $58,542 in 2024 (averaging $4,878/month), this setup has proven cash-flow potential. Outside, enjoy a fenced backyard with firepit and a huge wraparound carport/covered patio, providing ample outdoor living space and parking. Lease-to-own solar panels help keep utilities low. The home is being offered fully furnished, providing a seamless, turn-key investment opportunity for the buyer. Move-in ready, income-producing, and built for flexibility - Ruth delivers comfort, convenience, and strong returns.
REColorado as Distributed by MLS Grid #4084572
Dec 26, 2025
Listing Removed
—
Oct 16, 2025
Price Changed
$550,000
$246/sq ft
Sep 11, 2025
Listed
$575,000
$257/sq ft
IRES as Distributed by MLS Grid #4271906
Apr 15, 2022
Sold
$565,000
$253/sq ft
Mar 31, 2022
Listed
$520,000
$233/sq ft
REColorado as Distributed by MLS Grid #6505247
Jul 11, 2018
Listing Removed
—
Jun 27, 2018
Listed
$389,900
$174/sq ft
Public Records
Feb 27, 2018
Sold
$270,000
$121/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,849 (+1.1%)
$6,120 + $28,020
$34,140
2024
$3,808 (+0.6%)
$5,190 + $28,560
$33,750
2023
$3,786 (+17.5%)
$5,190 + $28,560
$33,750
2022
$3,223 (−1.7%)
$5,770 + $19,950
$25,720
2021
$3,278 (+11.6%)
$5,930 + $20,520
$26,450
2020
$2,938 (+2.9%)
$5,790 + $17,530
$23,320
2019
$2,855 (+31.4%)
$5,790 + $17,530
$23,320
2018
$2,173 (+93.4%)
$5,620 + $11,930
$17,550
2017
$1,124 (+46.1%)
$5,620 + $11,930
$17,550
2016
$769 (+0.3%)
$5,620 + $11,930
$17,550
2015
$767 (−48.7%)
$2,710 + $10,660
$13,370
2014
$1,495 (+2.3%)
$1,350 + $5,330
$6,680
2013
$1,462 (−7.3%)
$2,230 + $10,210
$12,440
2012
$1,576 (+2.5%)
$2,390 + $10,320
$12,710
2011
$1,538 (−3.1%)
$2,390 + $10,320
$12,710
2010
$1,588 (−0.7%)
$2,390 + $10,320
$12,710
2009
$1,600
$2,550 + $10,910
$13,460
Tax history for 7051 Ruth Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,849 (+1.1%)
$6,120 + $28,020
$34,140
2024
$3,808 (+0.6%)
$5,190 + $28,560
$33,750
2023
$3,786 (+17.5%)
$5,190 + $28,560
$33,750
2022
$3,223 (−1.7%)
$5,770 + $19,950
$25,720
2021
$3,278 (+11.6%)
$5,930 + $20,520
$26,450
2020
$2,938 (+2.9%)
$5,790 + $17,530
$23,320
2019
$2,855 (+31.4%)
$5,790 + $17,530
$23,320
2018
$2,173 (+93.4%)
$5,620 + $11,930
$17,550
2017
$1,124 (+46.1%)
$5,620 + $11,930
$17,550
2016
$769 (+0.3%)
$5,620 + $11,930
$17,550
2015
$767 (−48.7%)
$2,710 + $10,660
$13,370
2014
$1,495 (+2.3%)
$1,350 + $5,330
$6,680
2013
$1,462 (−7.3%)
$2,230 + $10,210
$12,440
2012
$1,576 (+2.5%)
$2,390 + $10,320
$12,710
2011
$1,538 (−3.1%)
$2,390 + $10,320
$12,710
2010
$1,588 (−0.7%)
$2,390 + $10,320
$12,710
2009
$1,600
$2,550 + $10,910
$13,460
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
3
Stories
1
Lot width
64 ft.
Lot depth
100 ft.
Lot size
6,400 Sq. Ft.
Year renovated
1955
Sq. Ft.
2,036
Year built
1955
Style
Single Family Residential
County
Adams County
APN
R0099270
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
R-1-C
Residential District
The purpose of the Residential-1-C District is to serve exclusively as a single-family district for smaller home sites and smaller homes.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Zoo / nature facility / aquarium
Recreation
Agriculture-Cropland
Park & open space
Nov 21, 2022 • Active
Residential solar - plan review required
Install a roof-mounted and flush-mounted solar photovoltaic system on a residential building.
Electrical
Solar
May 6, 2017 • Active
Residential reroof
Remove existing composition shingles and rolled roofing. Install new shingles and modified bitumen rolled roofing to a residential roof and low slope porch roof.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking/Garage Information
Parking Total: 2
Carport Spaces: 2
Interior
Bedroom Information
Bedrooms Total: 5
Main Level Bedrooms: 2
Basement Level Bedrooms: 3
Bathroom Information
Bathrooms Total Integer: 3
Bathrooms Full: 1
Bathrooms Three Quarter: 2
Main Level Bathrooms: 2
Basement Level Bathrooms: 1
Room 1 Information
Bedroom
Description: Spacious retreat with ensuite ¾ bath, large closet, and natural light.
Level: Main
Features: Primary Suite
Room 2 Information
Bathroom Three Quarter
Description: Modern finishes with walk-in shower and updated vanity.
Level: Main
Features: Primary Suite
Room 3 Information
Bedroom
Description: Comfortable guest or family room with ample closet space.
Level: Main
Room 4 Information
Bathroom Full
Description: Stylishly updated with contemporary tile and fixtures.
Level: Main
Room 5 Information
Living Room
Description: Open-concept living area with wood floors, large windows, and accent wallpaper.
Level: Main
Room 6 Information
Kitchen
Description: Quartz counters, bold cabinetry, modern appliances, and subway tile backsplash.
Level: Main
Room 7 Information
Family Room
Description: Spacious lounge with custom accent wall and plenty of room for gatherings.
Level: Basement
Room 8 Information
Bathroom Three Quarter
Description: Updated bathroom with tile surround and glass shower enclosure.
Level: Basement
Room 9 Information
Bedroom
Description: Conforming bedroom with egress window and neutral finishes.
Level: Basement
Room 10 Information
Bedroom
Description: Second conforming basement bedroom with egress window and closet.
Level: Basement
Room 11 Information
Bedroom
Description: Non-conforming bedroom - Currently staged as a game room with foosball, perfect for recreation or office.