NOT LISTED FOR SALE

Estimated Value: $876,000 - $887,000

8 Beds
5 Baths
4,256 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 24, 2024

Last sale price $880,000 $207 Per Sq Ft

Current estimated payment $5,314/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Evaporated cooling system
  • Private Yard
  • Baseboard Heating

About This Home

As of October 2024

Spacious side-by-side duplex located in Bear Valley on a large, almost half-acre, lot that backs to open space. Live in one unit and rent the other or rent both as an investor. Surrounded by mostly single-family homes, you’ll love that the property is not located on a block just multifamily property and is in a nice area. Not many duplexes come up for sale in south Lakewood or in the 80227 zip code and this one is a big one. Both units have over 2,100 square feet each and at least 4-bedrooms and 2-bathrooms per side. Unit #7485 has an additional half-bathroom on the upper level, in addition to the other 2-bathrooms in this unit. Both sides have an upper and lower entrance, that would be ideal for house hacking. Both units have 2-bedrooms and one full-bathroom and another half-bathroom upstairs, and 2-bedrooms with another full-bathroom downstairs. The upstairs and downstairs of each unit has its own kitchen, so 4-total kitchens. Both units are separately metered for gas and electric. The property is on a septic system. All brick exterior. You’ll love how the property sits on the back of this big lot and the peacefulness of backing to open space. Tenants will appreciate that as well. Plenty of parking. Belmar is just north on Wadsworth and just south are several parks, golf courses, and other open space. Easy access to both the mountains or downtown Denver. Schedule a showing with the listing agent before it’s gone!

Last Listed By

Patrick Rampi

MODUS Real Estate Brokerage Email: patrickrampirealestate@gmail.com,720-935-2184 License #100055927 Listed on: 08/27/2024

MODUS Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,672

Year Built

  • Built in 1970

Lot Details

  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Schools

  • Westgate Elementary School
  • Carmody Middle School
  • Bear Creek High School

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bear Valley Subdivision

Listing and Financial Details

  • Exclusions: tenant's personal property in Unit #7487
  • Assessor Parcel Number 164468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,672

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 2128
  • Exclusions: tenant's personal property in Unit #7487
  • Living Area: 4256
  • SubdivisionName: Bear Valley
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.03529
  • Attribution Contact: patrickrampirealestate@gmail.com,720-935-2184
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 2128

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Hot Water

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

Schools

  • Middle Or Junior School: Carmody

Lot Info

  • Parcel Number: 164468
  • Building Area Total: 4256

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4672

MLS Schools

  • Elementary School: Westgate
  • High School: Bear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 1, 2024
Sold by
Belew Susan E and Heffner Kenneth P
Bought by
Schear Alyssa A
Seller's Agent
Patrick Rampi
MODUS Real Estate
Buyer's Agent
Renee Sobering
Keller Williams Avenues Realty
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
Total Days on Market
13
Views
55
Current Estimated Value
$882,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,299
Avg. Annual Appreciation
-2.44%
Original Mortgage
$580,000
Outstanding Balance
$577,760
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$291,421

Purchase Details

Closed on
Apr 5, 2017
Sold by
Belew Susan E and Heffner Kenneth P
Bought by
Belew Susan E and Heffner Kenneth P

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
Schear Alyssa A $880,000 Fntc
Belew Susan E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schear Alyssa A $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $880,000 +3.5% $207 / Sq Ft
08/27/2024 08/27/24 For Sale $850,000 -- $200 / 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 $4,672 $51,802 $25,402 $26,400
2023 $4,672 $51,802 $25,402 $26,400
2022 $3,597 $38,988 $17,083 $21,905
2021 $3,729 $40,995 $17,962 $23,033
2020 $3,403 $37,575 $16,088 $21,487
2019 $3,359 $37,575 $16,088 $21,487
2018 $3,112 $33,678 $13,783 $19,895
2017 $2,735 $33,678 $13,783 $19,895
2016 $2,746 $31,537 $10,268 $21,269
2015 $2,566 $31,537 $10,268 $21,269
2014 $2,566 $27,008 $9,106 $17,902
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 5607321

REcolorado®

APN: 49-264-01-003