$1,150,000
SOLD JUN 27, 2024
6 Beds
4 Baths
4,345 Sq Ft
5,489 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

4% Below List Price

49 Days on Market

Highlights

  • No HOA
  • Morey Middle School Rated A-
  • Level Lot

About This Home

As of June 2024

1025 N Clarkson is a well located 4 unit perfect for an owner occupant or first time buyer. These units boast oversized floorplans, in unit laundry, and one large private balcony. Recent improvements include new roof (2018), garage renovation, and updated interiors. Another uniquely attractive piece of the deal is more than 1:1 parking. With 3 off street spaces and 2 large garages, there is strong potential for an additional $500 of monthly income. With a walk score of 91, this location is considered a walker’s paradise. Tenants enjoy urban living in the heart of Capitol Hill near Governor’s Park and Ideal Market. For the right investor, this is a great opportunity to buy premium units in an A+ location. For tour and/or property info, please contact LEAD BROKER HUNTER SCHAEFER 925-989-8930 or Hunter@NorthPeakCRE.com. All property visits must be accompanied by listing broker, thank you.

Last Agent to Sell the Property

Matthew Lewallen

NorthPeak Commercial Advisors, LLC Brokerage Email: matt@northpeakcre.com,303-210-1623 License #100022835 Listed on: 04/15/2024

Last Buyer's Agent

Matthew Lewallen

NorthPeak Commercial Advisors, LLC Brokerage Email: matt@northpeakcre.com,303-210-1623 License #100022835 Listed on: 04/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,579

Year Built

  • Built in 1896

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Additional Features

  • Level Lot
  • Water Heater

Listing and Financial Details

  • Exclusions: TBD
  • Assessor Parcel Number 5038-01-014

Community Details

Overview

  • No Home Owners Association
  • Capitol Hill Subdivision

Building Details

  • Operating Expense $21,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,579

Year Built

Built in 1896

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1896
  • Above Grade Finished Sq Ft: 3635
  • Exclusions: TBD
  • Living Area: 4345
  • SubdivisionName: Capitol Hill
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 80.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.95833
  • Attribution Contact: matt@northpeakcre.com,303-210-1623
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 710

Exterior Features

  • Roof: Unknown
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 5
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: 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

Fee Information

  • Operating Expense: 21531

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5038-01-014
  • Building Area Total: 4425
  • Lot Features: Level

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6579

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jun 27, 2024
Sold by
1025 Clarkson Street Llc
Bought by
307 Main Street Nominee Trust
Seller's Agent
Matthew Lewallen
NorthPeak Commercial Advisors, LLC
Buyer's Agent
Matthew Lewallen
NorthPeak Commercial Advisors, LLC
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
108
Current Estimated Value
$1,318,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,358
Avg. Annual Appreciation
11.06%

Purchase Details

Closed on
Mar 4, 2021
Sold by
Anderson Ken and Anderson Elizabeth
Bought by
1025 Clarkson Street Llc

Purchase Details

Closed on
Jul 16, 2018
Sold by
Meyer Michael B and Meyer David N
Bought by
Anderson Ken and Anderson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2016
Sold by
Micro Management Properties Llc
Bought by
Meyer Michael B and Meyer David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,060
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2011
Sold by
Meyer David Nathaniel and Schwartz Ryan Paulus
Bought by
Micro Management Properties Llc

Purchase Details

Closed on
May 27, 2010
Sold by
Morris Daniel E and Morris Shelley S
Bought by
Meyer David Nathaniel and Schwartz Ryan Paulus

Purchase Details

Closed on
Aug 25, 2004
Sold by
Morris Daniel E
Bought by
Morris Daniel E and Morris Shelly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2000
Sold by
Clarkson Group Llc
Bought by
Morris Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 2000
Sold by
Morris Daniel E
Bought by
Clarkson Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2000
Sold by
Sienko Dennis A
Bought by
Morris Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,750
Interest Rate
8.66%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,150,000 Fitco
Special Warranty Deed -- None Available
Warranty Deed $1,135,000 First American Title
Special Warranty Deed $99,511 None Available
Warranty Deed -- None Available
Warranty Deed $457,500 None Available
Interfamily Deed Transfer -- Title America
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $330,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $908,000 Adjustable Rate Mortgage/ARM
Previous Owner $499,060 New Conventional
Previous Owner $181,811 Credit Line Revolving
Previous Owner $60,000 Credit Line Revolving
Previous Owner $333,700 New Conventional
Previous Owner $350,000 Unknown
Previous Owner $322,500 Unknown
Previous Owner $20,000 Credit Line Revolving
Previous Owner $306,434 FHA
Previous Owner $306,750 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $1,150,000 -4.2% $265 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $1,200,000 -- $276 / 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 $6,725 $84,910 $23,270 $61,640
2023 $6,579 $84,910 $23,270 $61,640
2022 $5,867 $73,770 $27,360 $46,410
2021 $5,787 $77,560 $28,760 $48,800
2020 $4,990 $67,260 $26,970 $40,290
2019 $4,851 $67,260 $26,970 $40,290
2018 $3,921 $50,680 $25,340 $25,340
2017 $3,909 $50,680 $25,340 $25,340
2016 $3,505 $42,980 $26,021 $16,959
2015 $3,358 $42,980 $26,021 $16,959
2014 $2,824 $34,000 $15,243 $18,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8386191

REcolorado®

APN: 5038-01-014