Seller's Agent in 2024
The Cryer Team - Dee and Tom
Kentwood Real Estate
(303) 887-3917
1 in this area
63 Total Sales
325 Detroit St Denver, CO 80206
Cherry Creek NeighborhoodEstimated Value: $3,234,000 - $3,509,000
0.14
Acre
$23,980,621
Price per Acre
6,250
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- Partially Fenced Property
- Bromwell Elementary School Rated A-
- Development of the land is complete
- 4-minute walk to James N. Manley Park
About This Lot
As of December 2024A rare opportunity for re-development in the heart of Cherry Creek North awaits you. The Seller has completed the re-zoning process to C-CCN-4. This 6250 SF site (currently with improvements but selling based on land value) is prime for your imagination to create something extraordinary. Schedule your showing today!
Last Listed By
Kentwood Real Estate DTC, LLC Brokerage Email: TheCryerTeam@Kentwood.com,303-887-3917 Listed on: 05/31/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $19,649
Year Built
- 1942
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50 x 125
- Partially Fenced Property
- Level Lot
- Development of the land is complete
- Property is zoned C-CCN-4
Parking
- 1 Car Garage
- 2 Carport Spaces
Location
- Property is near public transit
Utilities
- 220 Volts
- 220 Volts in Garage
Community Details
- No Home Owners Association
- Cherry Creek North Subdivision
Listing and Financial Details
- Assessor Parcel Number 5122-12-114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
Dec 12, 2024
Sold by
325 Detroit Street Llc
Bought by
Arman Group Llc
Seller's Agent
The Cryer Team - Dee and Tom
Kentwood Real Estate DTC, LLC
Buyer's Agent
Felix Luck
Compass - Denver
List Price
$3,500,000
Sold Price
$3,250,000
Premium/Discount to List
-$250,000
-7.14%
Total Days on Market
129
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,287
Avg. Annual Appreciation
5.90%
Original Mortgage
$2,925,000
Outstanding Balance
$2,451,010
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$866,788
Purchase Details
Closed on
Sep 26, 2022
Sold by
317 Detroit Street Llc
Bought by
325 Detroit Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,404,637
Interest Rate
5.22%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 28, 2015
Sold by
Two One Two Trust
Bought by
317 Detroit Street Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arman Group Llc | $3,250,000 | Land Title | |
| 325 Detroit Street Llc | $2,800,000 | Land Title Guarantee Company | |
| 317 Detroit Street Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arman Group Llc | $2,925,000 | |
| Previous Owner | 325 Detroit Street Llc | $2,404,637 | |
| Previous Owner | Two One Town Trust | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $3,250,000 | 0.0% | -- |
| 07/11/2024 07/11/24 | Price Changed | $3,250,000 | -7.1% | -- |
| 05/31/2024 05/31/24 | For Sale | $3,500,000 | -- | -- |
Source: REcolorado®
Tax History Compared to Growth
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 | $20,084 | $253,580 | $253,230 | $350 |
| 2023 | $19,649 | $253,580 | $253,230 | $350 |
| 2022 | $20,099 | $252,740 | $252,380 | $360 |
| 2021 | $19,201 | $257,330 | $256,970 | $360 |
| 2020 | $12,737 | $171,670 | $171,310 | $360 |
| 2019 | $12,380 | $171,670 | $171,310 | $360 |
| 2018 | $10,336 | $133,600 | $128,830 | $4,770 |
| 2017 | $10,305 | $133,600 | $128,830 | $4,770 |
| 2016 | $10,943 | $134,190 | $133,820 | $370 |
| 2015 | $10,484 | $134,190 | $133,820 | $370 |
| 2014 | $6,898 | $170,060 | $169,476 | $584 |
Source: Public Records
Agents Affiliated with this Home
-
The Cryer Team - Dee and Tom
-
Felix Luck
Buyer's Agent in 2024
Felix Luck
Compass - Denver
(720) 404-0001
1 in this area
110 Total Sales
Map
Source: REcolorado®
MLS Number: 9655005
APN: 5122-12-114
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