Seller's Agent in 2024
Steven Pilkington
Real Broker, LLC DBA Real
(720) 410-9962
1 in this area
190 Total Sales
38 Lansing St Aurora, CO 80010
Highline Villages NeighborhoodEstimated Value: $887,424 - $906,000
11
Beds
6
Baths
4,728
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- No HOA
- Attic Fan
- Forced Air Heating System
About This Home
As of November 2024Exceptional Triplex investment opportunity with incredible consistent cash flow with section 8 guaranteed rents. A long list of improvements all with a focus on creating an easy ownership and management experience keeping expenses down and rents up.
Xeriscape landscaping for very easy low-cost maintenance. All units have new furnaces & water heaters within the past 5-7 years. The roof was replaced in 2015. The basements have been finished adding the additional bedrooms & laundry. Private parking for 3 vehicles. Unit 38 has a private fenced-in yard. Minimal fixed expenses are limited to just water bills, property insurance, and property taxes. Most recorded maintenance was related to turning a unit for a new tenant in 2023.
Total Income Summary History for 38-40-42 Lansing St, Aurora, CO: 2019: $64,168.31 ---- 2021: $69,711.35 ---- 2022: $78,948.51 ---- 2023: $86,877.88 ---- 2024: $89,940.00
Please DO NOT disturb tenants. The property is fully rented. No showings without accepted LOI or Contract to Purchase.
Contact the Listing agent for all questions. The owner is a licensed Colorado agent.
Last Listed By
Real Broker, LLC DBA Real Brokerage Email: steven@pathhometeam.com,303-587-0402 License #100023203 Listed on: 10/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,328
Year Built
- Built in 1971
Lot Details
- 9,845
Parking
- 3 Parking Spaces
Home Design
- Triplex
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Attic Fan
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Schools
- Lansing Elementary School
- South Middle School
- Aurora Central High School
Utilities
- Forced Air Heating System
Listing and Financial Details
- Exclusions: None, Tenants personal property.
- Tenant pays for cable TV, electricity, gas, internet, telephone
- The owner pays for exterior maintenance, grounds care, insurance, taxes, trash collection, water
- Assessor Parcel Number 031123895
Community Details
Overview
- No Home Owners Association
- Lyn Acres #1 Subdivision
Building Details
- Operating Expense $25,752
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2024
Closed on
Nov 21, 2024
Sold by
38 Lansing Llc
Bought by
Meharena Yonas and Meharena Sophia G
Seller's Agent
Steven Pilkington
Real Broker, LLC DBA Real
Buyer's Agent
Michelle Betts
West and Main Homes Inc
List Price
$939,950
Sold Price
$899,950
Premium/Discount to List
-$40,000
-4.26%
Total Days on Market
8
Views
7
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
-$6,094
Avg. Annual Appreciation
-1.60%
Original Mortgage
$674,962
Outstanding Balance
$672,415
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$221,441
Purchase Details
Closed on
Nov 2, 2020
Sold by
Gilbert Gina
Bought by
38 Lansing Llc
Purchase Details
Closed on
May 28, 2015
Sold by
Lansing Heritage Llc
Bought by
Gilbert Gina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2005
Sold by
Ahrens Thomas H
Bought by
Lansing Heritage Llc
Purchase Details
Closed on
Mar 1, 1983
Sold by
Conversion Arapco
Bought by
Conversion Arapco
Purchase Details
Closed on
Feb 1, 1981
Sold by
Conversion Arapco
Bought by
Conversion Arapco
Purchase Details
Closed on
Jul 4, 1776
Bought by
Conversion Arapco
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 |
|---|---|---|---|
| Meharena Yonas | $899,950 | None Listed On Document | |
| 38 Lansing Llc | -- | None Available | |
| Gilbert Gina | $321,000 | Chicago Title Co | |
| Lansing Heritage Llc | -- | -- | |
| Conversion Arapco | -- | -- | |
| Conversion Arapco | -- | -- | |
| Conversion Arapco | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meharena Yonas | $674,962 | |
| Previous Owner | 38 Lansing Llc | $840,000 | |
| Previous Owner | Gilbert Gina | $240,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $899,950 | -4.3% | $190 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 10/07/2024 10/07/24 | For Sale | $939,950 | -- | $199 / Sq Ft |
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 | $4,328 | $46,565 | -- | -- |
| 2023 | $3,892 | $46,565 | $0 | $0 |
| 2022 | $3,892 | $38,760 | $0 | $0 |
| 2021 | $4,106 | $38,760 | $0 | $0 |
| 2020 | $3,934 | $37,781 | $0 | $0 |
| 2019 | $3,913 | $37,781 | $0 | $0 |
| 2018 | $2,783 | $26,323 | $0 | $0 |
| 2017 | $2,421 | $26,323 | $0 | $0 |
| 2016 | $2,513 | $26,746 | $0 | $0 |
| 2015 | $2,425 | $26,746 | $0 | $0 |
| 2014 | -- | $15,466 | $0 | $0 |
| 2013 | -- | $15,910 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Pilkington
-
Michelle Betts
Buyer's Agent in 2024
Michelle Betts
West and Main Homes Inc
(720) 666-7086
1 in this area
35 Total Sales
Map
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