NOT LISTED FOR SALE

Estimated Value: $306,000 - $659,000

3 Beds
1 Bath
1,083 Sq Ft
$406/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $325,000 $300 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,684/month

3 Days on Market

Highlights

  • 0.71 Acre Lot
  • Private Yard
  • Patio
  • Lakewood High School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2024

*** MOTIVATED SELLER *** All offers considered! Incredible opportunity in the Eiber neighborhood for a fixer-upper or a new build. Cash buyers only. Property needs significant repairs, perfect for those ready to invest some TLC and sweat equity. Spacious lot with a large 5-car detached garage and additional workspace. Zoned R-1-12. Seller will not make repairs. Recent updates include electrical, furnace, and water heater. Property has two non-functional wells, but city water is used. Unleash your creativity and transform this property into something special!

Last Listed By

Brandon Svitak

Madison & Company Properties Brokerage Email: brandon.svitak@madisonprops.com License #100090950 Listed on: 09/03/2024

Madison & Company Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,763

Year Built

  • Built in 1918

Lot Details

  • 0.71 Acre Lot
  • Partially Fenced Property
  • Private Yard
  • Property is zoned R-1-12

Parking

  • 5 Car Garage

Home Design

  • Fixer Upper
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,083 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Eiber Elementary School
  • Creighton Middle School
  • Lakewood High School

Utilities

  • Forced Air Heating System
  • Well
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eiber Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055228

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,763

Year Built

Built in 1918

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1918
  • Above Grade Finished Sq Ft: 1083
  • Current Use: Live/Work
  • Exclusions: none
  • Living Area: 1083
  • Property Condition: Fixer
  • SubdivisionName: Eiber
  • Co List Office Mls Id: RECMAD01
  • Co List Office Phone: 303-771-3850
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.81454
  • Attribution Contact: brandon.svitak@madisonprops.com
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Oversized
  • Attached Garage: No
  • Garage Spaces: 5
  • Total Parking Spaces: 5
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air, Hot Water
  • Water Source: Public, Well

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: Creighton

Lot Info

  • Parcel Number: 055228
  • Lot Size Acres: 0.71
  • Fencing: Partial
  • Building Area Total: 1083
  • Lot Size Sq Ft: 30825
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2763

MLS Schools

  • Elementary School: Eiber
  • High School: Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2024
Closed on
Sep 23, 2024
Sold by
Vernon James S and Vernon Janice M
Bought by
Kay Michael
Seller's Agent
Brandon Svitak
Madison & Company Properties
Buyer's Agent
Nicole Zoellner
eXp Realty, LLC
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Total Days on Market
3
Views
34
Current Estimated Value
$439,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,724
Avg. Annual Appreciation
68.41%
Original Mortgage
$488,750
Outstanding Balance
$244,986
Interest Rate
1%
Mortgage Type
Construction
Estimated Equity
$194,738

Purchase Details

Closed on
May 22, 1998
Sold by
Gorman Melvin R and Jo Swan Brenda
Bought by
Vernon James S and Vernon Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
8.5%

Purchase Details

Closed on
May 17, 1996
Sold by
Gorman Melvin R and Swan Brenda Jo
Bought by
Gorman Melvin R and Gorman Brenda Swan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,124
Interest Rate
7.93%
Mortgage Type
FHA

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
Kay Michael $325,000 Land Title Guarantee
Vernon James S $167,500 Land Title
Gorman Melvin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Michael $488,750
Previous Owner Vernon James S $166,400
Previous Owner Vernon James S $118,700
Previous Owner Vernon James S $28,965
Previous Owner Vernon James S $107,500
Previous Owner Gorman Melvin R $82,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $325,000 -18.5% $300 / Sq Ft
09/03/2024 09/03/24 For Sale $399,000 -- $368 / 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 $2,763 $37,334 $21,534 $15,800
2023 $2,763 $37,334 $21,534 $15,800
2022 $1,959 $28,186 $13,842 $14,344
2021 $1,987 $28,997 $14,240 $14,757
2020 $1,633 $25,186 $11,641 $13,545
2019 $1,612 $25,186 $11,641 $13,545
2018 $1,299 $21,252 $10,855 $10,397
2017 $1,726 $21,252 $10,855 $10,397
2016 $2,165 $24,867 $12,481 $12,386
2015 $1,870 $24,867 $12,481 $12,386
2014 $1,870 $19,684 $11,286 $8,398
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 6128988

REcolorado®

APN: 49-033-02-003