NOT LISTED FOR SALE

Estimated Value: $676,550 - $756,000

5 Beds
3 Baths
2,280 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $745,000 $327 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,210/month

21 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Private Yard
  • Lakewood High School Rated A
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of October 2022

*** This sale includes both units (10423 & 10425) *** Both sides of this traditional style, side-by-side brick duplex have been updated and remodeled. This corner lot is perfectly located directly across Sunset Park and a 1/2 mile from the RTD - Oak Street Station Light Rail. The West unit (10425) is a ranch style home with 2 bedrooms/1 bathroom with an open floor plan. This unit is currently vacant. The East unit (10423) is a multi-level unit with 3 bedrooms/1 & 3/4 bathrooms. The units are separated by the two garages (no common walls!). This is a great opportunity for investors as well as owner occupants looking for some passive income renting out the other half of their property. Easy to show with vacant unit.

Last Agent to Sell the Property

Michael Floyd

Madison & Company Properties License #100090637 Listed on: 09/09/2022

Madison & Company Properties

Last Buyer's Agent

Lydia Lin

One Realty LLC License #40043841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,199

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • South Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • Multi-Level Property
  • Crawl Space
  • Carbon Monoxide Detectors
  • Laundry on main level

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Shared Water Meter
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Property is near public transit

Community Details

  • Krieger Subdivision

Listing and Financial Details

  • Exclusions: Renters personal property along with their washer/dryer in unit 10423. Any of sellers personal property still inside each unit.
  • Tenant pays for cable TV, electricity, gas, internet, telephone, trash collection, water
  • The owner pays for taxes, water
  • Assessor Parcel Number 056383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,199

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: Multi/Split
  • Above Grade Price per Sq Ft: 401.62
  • Finished Price per Sq Ft: 326.75
  • Total Price per Sq Ft: 326.75
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1855.00
  • Exclusions: Renters personal property along with their washer/dryer in unit 10423. Any of sellers personal property still inside each unit.
  • Living Area: 2280.00
  • P P A: 2660714.29
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Krieger
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Total Bedrooms: 5

Exterior Features

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

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 220 Volts
  • Laundry Features: In Unit, Main Level
  • Security: Carbon Monoxide Detector(s)

Schools

  • School District: Jefferson County R-1
  • Elementary School: Eiber
  • Middle School: Creighton
  • High School: Lakewood
  • Middle Or Junior School: Creighton

Lot Info

  • Out Building Count: 1
  • Parcel Number: 056383
  • Lot Size Acres: 0.28
  • Fencing: Full
  • Out Building Number Of: 2
  • Building Area Total: 2280.00
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 12190.00

Rental Info

  • Owner Pays: Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility, Separate Bill from Owner

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3199.38

MLS Schools

  • Elementary School: Eiber
  • High School: Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Oct 28, 2022
Sold by
Nd-Ira Inc
Bought by
Nam And May Revocable Trust
Seller's Agent
Michael Floyd
Madison & Company Properties
Buyer's Agent
Lydia Lin
One Realty LLC
List Price
$765,000
Sold Price
$745,000
Premium/Discount to List
-$20,000
-2.61%
Views
6
Current Estimated Value
$714,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,362
Avg. Annual Appreciation
-1.32%
Original Mortgage
$370,000
Outstanding Balance
$328,062
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$389,605

Purchase Details

Closed on
Feb 10, 2012
Sold by
Garcia Gary L
Bought by
Nd Ira Inc and Dennis Schwab Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2000
Sold by
Faye Lantz Jack Lloyd Lantz Jonna
Bought by
Garcia Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.15%
Source: Public Records

Range of Values:

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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
Nam And May Revocable Trust $745,000 Land Title Guarantee
Nd Ira Inc $240,000 First American
Garcia Gary L $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nam And May Revocable Trust $370,000
Previous Owner Nd Ira Inc $197,400
Previous Owner Nd Ira Inc $156,000
Previous Owner Garcia Gary L $1,145,000
Previous Owner Garcia Gary L $209,000
Previous Owner Garcia Gary L $207,000
Previous Owner Garcia Gary L $202,500
Previous Owner Lantz Jack Lloyd $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $745,000 -2.6% $327 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $765,000 -- $336 / 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 $3,796 $41,989 $20,308 $21,681
2023 $3,796 $41,989 $20,308 $21,681
2022 $3,086 $33,363 $14,967 $18,396
2021 $3,199 $35,080 $15,738 $19,342
2020 $2,974 $32,749 $15,629 $17,120
2019 $2,936 $32,749 $15,629 $17,120
2018 $2,554 $27,551 $9,846 $17,705
2017 $2,246 $27,551 $9,846 $17,705
2016 $2,261 $25,610 $5,201 $20,409
2015 $1,780 $25,610 $5,201 $20,409
2014 $1,780 $18,660 $5,884 $12,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4472233

REcolorado®

APN: 49-041-12-005