NOT LISTED FOR SALE

Estimated Value: $600,903 - $729,000

6 Beds
3 Baths
1,854 Sq Ft
$359/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $600,000 $324 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,037/month

24 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Tile Flooring
  • William (Bill) Roberts ECE-8 School Rated A-
  • Wrap Around Porch
  • 1-Story Property

About This Home

As of November 2024

Don’t miss out on this exceptional opportunity to acquire a valuable property situated in one of Denver’s most desirable Opportunity Zones, which offers potential tax benefits for savvy investors. This property features three rental units: two are conveniently located on the main floor, while the third is a well-designed unit in the basement. Each unit includes 2 bedrooms, 1 bathroom, and a kitchen, providing perfect living spaces for tenants. Additionally, one of the units includes a dedicated laundry area, making it even more attractive. Be sure to call Showing Time to schedule your visit—this is an opportunity you won't want to miss!

Last Listed By

Alfredo Salcedo

RE/MAX Leaders Brokerage Email: alfredo@alfredosalcedo.com,720-222-5010 License #100041449 Listed on: 10/11/2024

RE/MAX Leaders

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1954

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Cooktop
  • Laundry in unit
  • Finished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Rain Gutters
  • Wrap Around Porch

Schools

  • Smith Renaissance Elementary School
  • Dsst: Conservatory Green Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Exclusions: All tenants personal property
  • Tenant pays for cable TV, electricity, gas, internet, telephone
  • The owner pays for exterior maintenance, insurance, taxes, trash collection, water
  • Assessor Parcel Number 1292-04-006

Community Details

Overview

  • No Home Owners Association
  • North Park Hill Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,809

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1254
  • Exclusions: All tenants personal property
  • Living Area: 1854
  • Pets Allowed: Yes
  • Directions: Refer to GPS for accuracy
  • SubdivisionName: North Park HIll
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.94488
  • Attribution Contact: alfredo@alfredosalcedo.com,720-222-5010
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Tile
  • Common Walls: 1 Common Wall
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 600

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Front Porch, Wrap Around

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: None, Other
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

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
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 4980

Schools

  • Middle Or Junior School: DSST: Conservatory Green

Lot Info

  • Parcel Number: 1292-04-006
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 1854
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3809

MLS Schools

  • Elementary School: Smith Renaissance
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 20, 2024
Sold by
Perez Abel and Cardenas-Reyes Belen
Bought by
Penelope6 Llc
Seller's Agent
Alfredo Salcedo
RE/MAX Leaders
Buyer's Agent
Evan Rice
Atlas Real Estate Group
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Total Days on Market
24
Views
33
Current Estimated Value
$664,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,952
Avg. Annual Appreciation
18.16%

Purchase Details

Closed on
Jul 13, 2019
Sold by
Perez Abel
Bought by
Perez Abel and Cardenas Reyes Belen

Purchase Details

Closed on
May 5, 2006
Sold by
Alexis Helen Laura
Bought by
Perez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Penelope6 Llc $600,000 Land Title
Perez Abel -- None Available
Perez Abel $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Abel $135,200
Previous Owner Perez Abel $225,250
Previous Owner Alexis Helen Laura $212,500
Previous Owner Alexis Helen Laura $195,700
Previous Owner Alexis Helen Laura $26,000
Previous Owner Alexis Helen Laura $27,500
Previous Owner Alexis Helen Laura $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Sold $600,000 -5.5% $324 / Sq Ft
10/11/2024 10/11/24 For Sale $635,000 -- $343 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

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 $3,894 $49,160 $8,870 $40,290
2023 $3,809 $49,160 $8,870 $40,290
2022 $2,585 $32,510 $8,490 $24,020
2021 $2,551 $34,190 $8,930 $25,260
2020 $2,372 $31,970 $8,930 $23,040
2019 $2,306 $31,970 $8,930 $23,040
2018 $2,393 $30,930 $5,850 $25,080
2017 $2,386 $30,930 $5,850 $25,080
2016 $1,530 $18,760 $5,970 $12,790
2015 $1,466 $18,760 $5,970 $12,790
2014 $1,151 $13,860 $3,980 $9,880
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 9803431

REcolorado®

APN: 1292-04-006