$800,000
UNDER CONTRACT

Estimated payment $4,960/month

Total Views 944
-- Bed
-- Bath
2,488 Sq Ft
$322 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Under Construction
  • Teller Elementary School Rated A-

About This Home

1483 Detroit is a 2,488 square foot 4 plex converted mansion in Denver, CO.  A year ago the property was struck by lightning.  An insurance claim was filed at that time.  The property is currently gutted down to the studs.  The owner is looking to find a buyer who would like to assign the insurance claim and finish the project.

Estimated Finish Value: $1,150,000
Price: $800,000
Rehab Estimate: $400,000
Rehab Covered by Insurance: $375,000*
Potential Profit: $325,000

*to be verified by Purchaser

Listing Agent

Justin Brockman

Required Properties LLC Brokerage Email: team@rprops.com,952-201-5676 License #100032733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1896 | Under Construction

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property

Schools

  • Teller Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Congress Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05012-05-033-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,031

Year Built

Built in 1896 | Under Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1896
  • Above Grade Finished Sq Ft: 2488
  • Exclusions: None
  • Living Area: 2488
  • Property Condition: Fixer, Under Construction
  • SubdivisionName: Congress Park
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_RVSpaces: 0
  • Attribution Contact: team@rprops.com,952-201-5676
  • Special Features: UnderContract

Interior Features

  • Basement: No

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 05012-05-033-000
  • Lot Size Acres: 0.14
  • Building Area Total: 2488
  • Lot Size Sq Ft: 6098
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6030.74

MLS Schools

  • Elementary School: Teller
  • High School: East

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $6,164 $77,830 $28,070 $49,760
2023 $6,031 $77,830 $28,070 $49,760
2022 $5,624 $70,720 $30,330 $40,390
2021 $5,548 $74,350 $31,890 $42,460
2020 $5,258 $70,870 $26,910 $43,960
2019 $5,111 $70,870 $26,910 $43,960
2018 $3,926 $50,740 $19,070 $31,670
2017 $3,914 $50,740 $19,070 $31,670
2016 $3,497 $42,880 $15,530 $27,350
2015 $3,350 $42,880 $15,530 $27,350
2014 $3,179 $38,280 $13,683 $24,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 For Sale $800,000 0.0% $322 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $800,000 -- $322 / Sq Ft
Source: REcolorado®

Deed History

Date Type Sale Price Title Company
Warranty Deed $260,000 --
Warranty Deed $165,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Stand Alone Second
Open $350,500 Fannie Mae Freddie Mac
Closed $338,500 Unknown
Closed $30,000 Credit Line Revolving
Closed $275,000 Unknown
Closed $258,273 FHA
Previous Owner $66,250 Seller Take Back
Source: Public Records

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Source: REcolorado®

MLS Number: 1581857

REcolorado®

APN: 5012-05-033