*Price reduced* A must see! This is a wonderful .61-acre property ideal for investors. For the re-zoning investor this huge lot offers an opportunity to build a large structure for business or multifamily living. For the rental investor there are two houses and a 2-car detached garage already on the property. Get your rent income while you work out your zoning wishes for the future. Both houses are considered 1290 Kipling and must be sold together with the lot. The north house, built in 1944(for now referred to as 1292 for ID) will be used as the primary house and the south house, built in 1929(will be referred to as 1290 for ID). Currently the property is zoned SFR but has a nonconforming certificate from the city of Lakewood allowing the two houses to exist as zoned as long as they are used as rentals. For the purpose of input in the MLS, 1292 will be used as the primary house and 1290 will be the ADU. Total sf will be shown for both houses-1292 is 1184 sf with a 280sf basement-1290 is 750 sf with a 250sf basement (county records seem to be different for 1290). 1292 has 4 bedrooms, 1 bath, and one bsmt nonconforming bedroom. 1290 has 3 bedrooms(1 bsmt conforming) and 2 baths. 1290 has a refrigerator, dishwasher, stove. Lakewood indicates that the property as it stands is zoned horse property with space for 2 large animals. Lakewood also indicates that the property could be subdivided for 2 single family homes. This spacious lot is close to light rail, shopping, restaurants, and direct routes to the mountains and downtown. There are two access drives-one from Kipling and one from Johnson St. Two new houses being built in the cul-de-sac are a reflection of the neighborhood value. The property is being sold "as is". In this metro area of decreasing available land of this size--where will you find a better investment/value? Take advantage!!
Last Agent to Sell the Property
Sterling Real Estate Group Inc Brokerage Phone: (720) 234-2784 License #100036033
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Finished Basement
Outdoor Features
Schools
Horse Facilities and Amenities
Utilities
Community Details
Listing and Financial Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2024 11/22/24 | Sold | $850,000 | -10.5% | $567 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $950,000 | +11.8% | $633 / Sq Ft |
| 10/09/2024 10/09/24 | Off Market | $850,000 | -- | -- |
| 09/26/2024 09/26/24 | Price Changed | $1,200,000 | -14.3% | $800 / Sq Ft |
| 09/07/2024 09/07/24 | Price Changed | $1,400,000 | -6.7% | $933 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $1,500,000 | -- | $1,000 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,814 | $42,295 | $21,991 | $20,304 |
| 2023 | $3,814 | $42,295 | $21,991 | $20,304 |
| 2022 | $2,717 | $29,452 | $11,105 | $18,347 |
| 2021 | $2,756 | $30,300 | $11,425 | $18,875 |
| 2020 | $2,525 | $27,889 | $11,200 | $16,689 |
| 2019 | $2,493 | $27,889 | $11,200 | $16,689 |
| 2018 | $2,248 | $24,323 | $7,337 | $16,986 |
| 2017 | $1,976 | $24,323 | $7,337 | $16,986 |
| 2016 | $2,002 | $23,001 | $6,946 | $16,055 |
| 2015 | $1,632 | $23,001 | $6,946 | $16,055 |
| 2014 | $1,632 | $17,179 | $6,990 | $10,189 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $435,000 | New Conventional | |
| Previous Owner | $126,750 | Balloon | |
| Previous Owner | $37,625 | Unknown | |
| Closed | $42,250 | No Value Available |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $850,000 | Fntc | |
| Special Warranty Deed | -- | None Available | |
| Deed Of Distribution | -- | None Listed On Document | |
| Special Warranty Deed | $125,500 | -- | |
| Trustee Deed | -- | -- | |
| Warranty Deed | $169,000 | -- |
$750,000
Location Location Location!This well maintained single family home sits on three platted lots in a small pocket of northeast Lakewood known as Edgewood. With its close proximity to Sloan Lake, the property offers home buyers and investors an opportunity to acquire the property for future redevelopment. Located in an area designated for Community Reinvestment Funds (log onto:
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Source: REcolorado®
MLS Number: 9885148
APN: 49-032-13-014
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