NOT LISTED FOR SALE

Estimated Value: $524,656 - $680,000

2 Beds
2 Baths
1,848 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 09, 2016

Last sale price $315,000 $170 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,566/month

148 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Lakewood / Dry Gulch Park

About This Home

As of March 2016

Get in early on Villa Park revitalization Duplex 2BD/2BA each side, 3 blcks to Perry Light Rail.Run/Walk/Bike along the Dry Gulch trail, frisbee golf 6 blks to Sloans lake! .Investors: Rental-Cash flow 7 CAP @ current rents. Get to 8CAP with market rent at approx $1200/mo ea. sideFix/Flip - Sell at $220k - $240k per side.Development - Zoned E-TU-C - scrape and build new duplex with great views to Downtown

Last Agent to Sell the Property

Evan Krier

MB/Krier Real Estate Listed on: 09/13/2015

Last Buyer's Agent

Jennifer Morgan

Keller Williams Integrity RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $990

Year Built

  • Built in 1963

Lot Details

  • 6,250 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Eagleton Elementary School
  • Lake Middle School
  • West High School

Additional Features

  • Patio
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 506410030

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Villa Park Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $26,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$990

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt
  • Subdivision Name: Villa Park
  • Directions: Federal to W 10th Ave, West to Stuart, property is on NE corner of 10th and Stuart.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1848
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Fencing: Partial
  • Lot Features: Sidewalks, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Eagleton
  • HighSchool: West
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Lake

Lot Info

  • Zoning: E-TU-C
  • Lot Size Sq Ft: 6250
  • Parcel #: 506410030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 990

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800
  • Annual Operating Expense: 2190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2015
Closed on
Mar 9, 2016
Sold by
1004 Stuart Llc
Bought by
Sam Loon and Vong Mui
Seller's Agent
Evan Krier
MB/Krier Real Estate
Buyer's Agent
Jennifer Morgan
Keller Williams Integrity RE
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Current Estimated Value
$602,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,328
Avg. Annual Appreciation
6.99%
Original Mortgage
$252,000
Outstanding Balance
$200,903
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$401,425

Purchase Details

Closed on
Oct 10, 2014
Sold by
The John La Porta Living Trust
Bought by
004 Stuart Llc
Source: Public Records

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
Sam Loon $315,000 Land Title Guarantee Company
004 Stuart Llc $227,800 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam Loon $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $315,000 -- --
03/09/2016 03/09/16 Sold $315,000 -3.0% $170 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
09/13/2015 09/13/15 For Sale $324,900 -- $176 / 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 $4,318 $54,520 $19,340 $35,180
2023 $4,225 $54,520 $19,340 $35,180
2022 $2,886 $36,290 $23,360 $12,930
2021 $2,848 $38,170 $24,570 $13,600
2020 $2,750 $37,060 $21,210 $15,850
2019 $2,673 $37,060 $21,210 $15,850
2018 $2,108 $27,250 $15,740 $11,510
2017 $2,102 $27,250 $15,740 $11,510
2016 $1,311 $16,080 $4,720 $11,360
2015 $1,256 $17,590 $4,720 $12,870
2014 $990 $11,920 $2,484 $9,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 774988

IRES MLS

APN: 5064-10-030