NOT LISTED FOR SALE

612 E Chester St Unit 2 Lafayette, CO 80026

Estimated Value: $683,118

3 Beds
1 Bath
3,252 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 22, 2024

Last sale price $695,000 $214 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,813/month

74 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Simpson Mine Park
  • Angevine Middle School Rated A-
  • 1-Story Property

About This Home

As of October 2024

A charming single-family home featuring an additional dwelling unit, perfect for use as an income property or extra space for the main residence. This versatile property includes two single-car garages (1 per building), providing ample parking and storage options. Located near Old Town, residents will enjoy easy access to a variety of restaurants, bus routes, and a nearby recreation center. The ideal blend of convenience and potential, this property offers opportunities for both comfortable living and supplemental income. Seize the chance to make this delightful home yours in a vibrant and accessible community.

Last Listed By

Wade Arnold

The Colorado Group Listed on: 08/09/2024

The Colorado Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 4,922

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,252 Sq Ft Home
  • 1-Story Property

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Additional Features

  • 4,922 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0020896

Community Details

Overview

  • No Home Owners Association
  • Woelfel Estates Pud 3 La Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: COLO
  • Subdivision Name: WOELFEL ESTATES PUD 3 - LA
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Has Basement: None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: R-1
  • Lot Size Sq Ft: 4922
  • Parcel #: R0020896
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2023

Multi Family

  • Annual Gross Income: 60000
  • Annual Operating Expense: 15000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 22, 2024
Sold by
Hartnett Kevin and Hartnett Patricia
Bought by
612 E Chester St Llc
Seller's Agent
Wade Arnold
The Colorado Group
Buyer's Agent
Dunbar Hardy
Porchlight RE Group-Boulder
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Total Days on Market
74
Views
4
Current Estimated Value
$683,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,882
Avg. Annual Appreciation
-1.93%
Original Mortgage
$521,250
Outstanding Balance
$519,744
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$168,382

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 22, 2024
Sold by
Mfph Acquisitions Llc
Bought by
Hartnett Kevin and Hartnett Patricia
Seller's Agent
Wade Arnold
The Colorado Group
Buyer's Agent
Dunbar Hardy
Porchlight RE Group-Boulder
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Outstanding Balance
$519,744
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$168,382

Purchase Details

Closed on
Apr 30, 2008
Sold by
Boulder County Housing Authority
Bought by
Sfph Acquisitions Llc

Purchase Details

Closed on
Mar 27, 1989
Bought by
Mfph Acquisitions Llc

Purchase Details

Closed on
Aug 29, 1988
Bought by
Mfph Acquisitions Llc

Purchase Details

Closed on
Apr 18, 1988
Bought by
Mfph Acquisitions Llc

Purchase Details

Closed on
Aug 13, 1984
Bought by
Mfph Acquisitions Llc

Range of Values:

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Average Value
Not Available
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
612 E Chester St Llc -- None Listed On Document
612 E Chester St Llc -- None Listed On Document
Hartnett Kevin $695,000 Land Title Guarantee
Sfph Acquisitions Llc -- None Available
Mfph Acquisitions Llc -- --
Mfph Acquisitions Llc -- --
Mfph Acquisitions Llc -- --
Mfph Acquisitions Llc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartnett Kevin $521,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $695,000 -0.7% $214 / Sq Ft
08/09/2024 08/09/24 For Sale $700,000 -- $215 / Sq Ft
Source: IRES MLS

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 -- $13,536 $4,859 $8,677
2023 $0 $13,536 $4,859 $8,677
2022 $0 $14,040 $5,040 $9,000
2021 $0 $14,444 $5,185 $9,259
2020 $1,302 $14,444 $5,185 $9,259
2019 $1,302 $14,444 $5,185 $9,259
2018 $0 $14,546 $5,222 $9,324
2017 $0 $16,081 $5,773 $10,308
2016 $0 $16,081 $5,773 $10,308
2014 -- $16,278 $5,970 $10,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1016288

IRES MLS

APN: 1575022-53-001