Update: offers due by 2:00 p.m. Saturday November 16th* Don’t miss this incredible investment opportunity in Cherry Creek Schools! This spacious 4-bedroom, 3-bathroom home offers over 2800 sq ft, including 2000 sq ft above grade, and is ready for renovation to unlock its full potential. With a minimum projected after-repair value (ARV) of $550,000, this property is perfect for investors seeking a profitable fix-and-flip or a rewarding rehab-and-hold project. This home truly has “good bones,” including a 2 car garage and brand-new Class 4 impact-resistant roof and LeafGuard gutters installed in May 2024. The traditional 2-story layout features a large and versatile main floor with endless possibilities for reconfiguration. The kitchen has been partially renovated and expanded, featuring newer stainless appliances and a custom wood ceiling. Upstairs, you’ll find a vaulted primary suite with dual closets and an ensuite bath with a skylight, plus three additional spacious bedrooms. Laundry is conveniently located on the upper level, and the newer washer and dryer are included in the sale. The unfinished basement offers significant value-add potential, providing the opportunity to transform this property into a 5-bedroom, 4-bathroom home. Sitting on a 9500+ sq ft lot, this yard and curb appeal have amazing potential. This property is located in the desirable Cherry Creek Schools district, adding to its appeal for future buyers. With the spring market approaching, the timing is ideal to start this profitable project this year and have it market-ready right as prime selling season begins* The seller seeks “As-Is” cash or hard money offers with a quick closing and a rent-back until December 15th. Offers should also include terms allowing the seller to leave any and all personal property, both inside and out. Bring your vision and tools to transform this property into its next chapter!
Last Agent to Sell the Property
LIV Sotheby's International Realty Brokerage Email: krussell@livsothebysrealty.com,303-521-7165 License #40037823
Last Buyer's Agent
Stephen Bernauer
Redfin Corporation License #100040130
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Basement
Schools
Utilities
Community Details
Listing and Financial Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/02/2024 12/02/24 | Sold | $425,500 | +2.5% | $207 / Sq Ft |
| 11/16/2024 11/16/24 | Pending | -- | -- | -- |
| 11/13/2024 11/13/24 | For Sale | $415,000 | -- | $201 / 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 | $2,331 | $33,694 | -- | -- |
| 2023 | $2,331 | $33,694 | $0 | $0 |
| 2022 | $2,090 | $28,850 | $0 | $0 |
| 2021 | $2,103 | $28,850 | $0 | $0 |
| 2020 | $1,983 | $27,607 | $0 | $0 |
| 2019 | $1,913 | $27,607 | $0 | $0 |
| 2018 | $1,748 | $23,710 | $0 | $0 |
| 2017 | $1,723 | $23,710 | $0 | $0 |
| 2016 | $1,733 | $22,360 | $0 | $0 |
| 2015 | $1,649 | $22,360 | $0 | $0 |
| 2014 | -- | $18,650 | $0 | $0 |
| 2013 | -- | $19,180 | $0 | $0 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $69,568 | FHA | |
| Previous Owner | $244,489 | FHA | |
| Previous Owner | $58,000 | Credit Line Revolving | |
| Previous Owner | $153,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $34,900 | Credit Line Revolving | |
| Previous Owner | $131,990 | Unknown | |
| Previous Owner | $130,500 | No Value Available |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Land Title Guarantee | |
| Warranty Deed | $425,000 | Land Title Guarantee | |
| Warranty Deed | $249,000 | Stewart Title | |
| Joint Tenancy Deed | $144,000 | Land Title | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
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Source: REcolorado®
MLS Number: 1554671
APN: 2073-04-1-15-003
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