NOT LISTED FOR SALE

Estimated Value: $539,988 - $683,000

4 Beds
2 Baths
1,568 Sq Ft
$372/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $535,000 $341 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,465/month

61 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Private Yard
  • Prospect Valley Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2021

Great opportunity to own an investment property in Wheat Ridge! Side-by-side duplex, each unit has 2 beds, 1 bath and large fenced yard. Hardwood and laminate floors throughout. Washer and Dryer hookup in each unit. Newer paint. Roof is approximately 3 years old, and the furnaces are approximately 10 years old. Easy access to I-70, C-470, public transportation and nearby shops and restaurants. Walking distance to Fruitdale Park. Both units leased through summer 2021, which means great cashflow and then have the option to re-rent or occupy one side and rent the other!

Last Agent to Sell the Property

Michelle Luevane

Keller Williams DTC License #100033635 Listed on: 10/08/2020

Keller Williams DTC

Last Buyer's Agent

Roxane Webster

Keller Williams Advantage Realty LLC License #40009637

Keller Williams Advantage Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,735

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • 1 Common Wall
  • South Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Many Trees
  • Private Yard
  • Garden

Home Design

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

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Outdoor Features

  • Rain Gutters
  • Front Porch

Location

  • Property is near public transit

Schools

  • Kullerstrand Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Fruitdale Subdivision, Duplex Floorplan

Listing and Financial Details

  • Exclusions: Tenants personal property. Unit 10675 - Washer, Dryer Unit 10685 - Washer, Dryer, Refrigerator
  • Property held in a trust
  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 043716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,735

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1568
  • Entry Location: Exterior Access
  • Exclusions: Tenants personal property. Unit 10675 - Washer, Dryer Unit 10685 - Washer, Dryer, Refrigerator
  • Living Area: 1568
  • Property Condition: Updated/Remodeled
  • Directions: I-70 to Kipling, South to W 48th Ave (I-70 Frontage Road), West to Miller St, South to W 47th Ave, West to Nelson St, North to W 48th Ave, W 48th Ave to property
  • SubdivisionName: Fruitdale
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.98165
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, No Stairs
  • Flooring: Linoleum, Wood
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4
  • Other Equipment: Satellite Dish

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit, Main Level

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Parcel Number: 043716
  • Lot Size Acres: 0.3
  • Fencing: Full
  • Building Area Total: 1568
  • Lot Features: Level, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 13200

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1735

MLS Schools

  • Elementary School: Kullerstrand
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 11, 2021
Sold by
The Oneill Family Trust
Bought by
M & Y Investments Llc
Seller's Agent
Michelle Luevane
Keller Williams DTC
Buyer's Agent
Roxane Webster
Keller Williams Advantage Realty LLC
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Total Days on Market
61
Current Estimated Value
$582,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,747
Avg. Annual Appreciation
1.54%
Original Mortgage
$250,000
Outstanding Balance
$39,691
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$532,705

Purchase Details

Closed on
Oct 29, 2015
Sold by
Neill Terence J O and Neill Elizabeth A O
Bought by
The O Neill Family Trust

Purchase Details

Closed on
Jan 28, 2011
Sold by
Oneill Terry J and Oneill Elizabeth A
Bought by
Oneill Terence J and Oneill Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,500
Interest Rate
4.84%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
M & Y Investments Llc $535,000 Chicago Title
The O Neill Family Trust -- None Available
Oneill Terence J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & Y Investments Llc $250,000
Previous Owner Oneill Terence J $116,500
Previous Owner Oneill Terry J $125,000
Previous Owner Oneill Terry J $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $535,000 0.0% $341 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/10/2020 11/10/20 Price Changed $535,000 -1.8% $341 / Sq Ft
10/07/2020 10/07/20 For Sale $545,000 -- $348 / 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 $2,511 $27,338 $14,683 $12,655
2023 $2,511 $27,338 $14,683 $12,655
2022 $1,987 $21,425 $9,125 $12,300
2021 $2,063 $22,528 $9,595 $12,933
2020 $1,760 $19,238 $7,909 $11,329
2019 $1,735 $19,238 $7,909 $11,329
2018 $1,693 $18,236 $5,244 $12,992
2017 $1,543 $18,236 $5,244 $12,992
2016 $1,239 $13,696 $4,645 $9,051
2015 $1,104 $13,696 $4,645 $9,051
2014 $1,104 $11,476 $3,420 $8,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9353078

REcolorado®

APN: 39-211-03-004