NOT LISTED FOR SALE

Estimated Value: $744,000 - $1,217,000

5 Beds
3.5 Baths
2,430 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $1,270,000 $523 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $5,557/month

4 Days on Market

Highlights

  • Deck
  • Contemporary Architecture
  • 1 Fireplace
  • Morey Middle School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2023

Welcome to the home you have been looking for! This immaculate 5-bedroom, 4-bathroom haven has undergone a stunning full remodel, offering an array of enticing features that are sure to captivate you.

Step inside and be greeted by the inviting ambiance of the open floor plan on the main floor. The seamless flow from room to room allows for effortless entertaining and creates a warm atmosphere for family gatherings. The vintage tile on the fireplace adds a touch of nostalgia and serves as a charming focal point which can be seen from the office/den for those that need a separate workspace or retreat.

The fully renovated kitchen is a chef's dream, complete with stainless steel appliances and beautiful quartz countertops. The abundance of storage space ensures that all your culinary needs are met. Adjacent to the kitchen, you'll find a convenient laundry area and the main deck, providing a peaceful outdoor setting.

The second floor has the master suite, which is a true sanctuary, complete with its own private deck, walk-in closet and tastefully finished master bath. Additionally, you will find two more generously sized bedrooms and a well-appointed bathroom on this level, providing ample space for family members or guests.

The basement of this remarkable abode offers endless possibilities. With its own private backyard access, it presents an opportunity for multi-generational living or potential rental income. Discover two conforming bedrooms that can be transformed into a home office, gym, or hobby space to suit your unique needs. A convenient 3/4 bath adds to the functionality of this lower level. Moreover, the fully equipped basement kitchen and laundry area provides added comfort and convenience.

Other features include EV Charging in the 2-car garage, West Elm Lighting, Custom Cabinets, 2-Zone HVAC, Tankless Water Heater, New Roof, Xeriscape Front yard, Hardscape Backyard, Trex Decking

Come see 1051 N Downing St today and welcome home.

Last Agent to Sell the Property

Diego Cardenas

Coldwell Banker Realty 24 License #100078476 Listed on: 06/01/2023

Coldwell Banker Realty 24

Last Buyer's Agent

Carly Anderson

Kentwood Real Estate Cherry Creek License #100065945

Kentwood Real Estate Cherry Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1896 | Remodeled

Lot Details

  • 4,387 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Backyard Sprinklers
  • Private Yard
  • Property is zoned G-MU-3

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Exterior Access Door

Home Design

  • Contemporary Architecture
  • Cottage
  • Brick Exterior Construction
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • West Cheeseman Park Subdivision

Listing and Financial Details

  • Exclusions: All staging items and sellers personal property
  • Property held in a trust
  • Assessor Parcel Number 5022-41-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,672

Year Built

Built in 1896 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Cottage
  • Structure Type: House
  • Levels: Two
  • Year Built: 1896
  • Above Grade Finished Sq Ft: 1620
  • Exclusions: All staging items and sellers personal property
  • Living Area: 2430
  • Property Condition: Updated/Remodeled
  • Directions: Google Maps
  • SubdivisionName: West Cheeseman Park
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2023-06-01
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Wine Cooler
  • Fireplaces: 1
  • Interior Amenities: High Ceilings, Kitchen Island, Quartz Counters
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 810
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Cedar, Frame, Wood Siding
  • Exterior Features: Balcony, Private Yard
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio
  • Road Surface Type: Alley Paved

Garage/Parking

  • Parking Features: Concrete, Electric Vehicle Charging Station(s), Exterior Access Door
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 3
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5022-41-013
  • Lot Size Acres: 0.1
  • Fencing: Full
  • Building Area Total: 2430
  • Lot Features: Landscaped, Level, Sprinklers In Rear
  • Lot Size Sq Ft: 4387
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3672

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 27, 2023
Sold by
Lincoln Asset Management Llc
Bought by
Smith Margaret and Tucker Ryan
Seller's Agent
Diego Cardenas
Coldwell Banker Realty 24
Buyer's Agent
Carly Anderson
Kentwood Real Estate Cherry Creek
List Price
$1,175,000
Sold Price
$1,270,000
Premium/Discount to List
$95,000
8.09%
Views
157
Current Estimated Value
$961,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$308,323
Avg. Annual Appreciation
-12.03%
Original Mortgage
$973,600
Outstanding Balance
$949,625
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$12,052

Purchase Details

Listed on
Nov 13, 2022
Closed on
Oct 28, 2022
Sold by
Bashaw Dee Ann
Bought by
Lincoln Asset Management Llc
Seller's Agent
EMPOWERHOME Team
Keller Williams DTC
Buyer's Agent
EMPOWERHOME Team
Keller Williams DTC
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.74%
Original Mortgage
$606,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 13, 2022
Closed on
Oct 26, 2022
Sold by
Lincoln Asset Management Llc
Bought by
Sala Jose
Seller's Agent
EMPOWERHOME Team
Keller Williams DTC
Buyer's Agent
EMPOWERHOME Team
Keller Williams DTC
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bashaw Dee Ann Dae
Bought by
Bashaw Dee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.05%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 11, 2002
Sold by
Bjork Rex P and Bjork Dorlene M
Bought by
Bashaw Dee Ann Dae
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
Smith Margaret $1,270,000 Elevated Title
Lincoln Asset Management Llc $500,000 Elevated Title
Sala Jose -- --
Bashaw Dee Ann -- First American Heritage Titl
Bashaw Dee Ann Dae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Margaret $973,600
Previous Owner Lincoln Asset Management $101,000
Previous Owner Lincoln Asset Management Llc $606,000
Previous Owner Manager Lincoln Asset $100,000
Previous Owner Sala Jose $412,300
Previous Owner Bashaw Dee Ann $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $1,270,000 +8.1% $523 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $1,175,000 +135.0% $484 / Sq Ft
11/13/2022 11/13/22 Sold $500,000 0.0% $206 / Sq Ft
11/13/2022 11/13/22 For Sale $500,000 -- $206 / 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 $3,806 $48,050 $19,210 $28,840
2023 $3,723 $48,050 $19,210 $28,840
2022 $3,672 $46,180 $23,750 $22,430
2021 $3,672 $47,500 $24,430 $23,070
2020 $3,338 $44,990 $22,900 $22,090
2019 $3,245 $44,990 $22,900 $22,090
2018 $2,770 $35,810 $21,530 $14,280
2017 $2,762 $35,810 $21,530 $14,280
2016 $2,704 $33,160 $22,097 $11,063
2015 $2,591 $33,160 $22,097 $11,063
2014 $1,990 $23,960 $12,227 $11,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8154759

REcolorado®

APN: 5022-41-013