NOT LISTED FOR SALE

1118 Josephine St Unit 1120 Denver, CO 80206

Congress Park Neighborhood

Estimated Value: $1,073,000 - $1,081,034

5 Beds
3 Baths
2,559 Sq Ft
$421/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $1,125,000 $440 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,172/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • Quartz Countertops
  • Front Porch
  • Teller Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of April 2024

Visit 1118Josephine.com for details! Fully remodeled duplex in Congress Park just steps away from the Denver Botanic Gardens. Perfect for house-hackers or investors alike.
Live, Rent, Prosper: This meticulously renovated duplex offers the perfect blend of modern luxury, historic Denver charm and investment potential. Ideal for savvy homebuyers looking to house hack or investors seeking lucrative rental income, this property presents an unparalleled opportunity to live in one unit and rent out the other.

Two Units: Step inside to find two fully remodeled units, each boasting brand-new kitchens, bathrooms, paint, appliances, wood floors, and upscale fixtures. The main floor unit features 2 bedrooms, 2 bathrooms, and a finished basement perfect for additional living space or a home office. Upstairs, the 3-bedroom, 1-bathroom unit offers spacious accommodations for tenants or guests.

Luxury Living. Indulge in the finer things with stainless steel appliances, granite countertops, designer bathrooms and luxury concrete tile accents. Each unit has their own Brand new washer & dryer. Outside, enjoy the convenience of a detached 2-car garage and a private backyard, ideal for relaxing or entertaining.

Unbeatable Location: Situated just steps away from Denver Botanic Gardens, Congress Park, and Cheesman Park, this duplex offers easy access to outdoor recreation and urban amenities. Plus, with Downtown Denver and Cherry Creek just a short 10-minute drive away, you'll never be far from the vibrant dining, shopping, and entertainment options that make Denver a world-class destination.

Don't Miss Out on This Prime Investment Opportunity!

Whether you're looking to generate Airbnb income or secure long-term tenant revenue, this fully remodeled duplex is your ticket to success. Schedule a tour today and seize the chance to own a piece of Denver's hottest real estate market!

Contact us now to make this exceptional duplex yours!

Last Agent to Sell the Property

Michelle Glass

Keller Williams Integrity Real Estate LLC Brokerage Email: MichelleDirect@kw.com,720-741-0613 License #100038971 Listed on: 02/28/2024

Keller Williams Integrity Real Estate LLC

Last Buyer's Agent

Bobby Reginelli

MODUS Real Estate License #100082744

MODUS Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1906

Lot Details

  • 4,387 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Property is Fully Fenced

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Partial Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Fire Pit
  • Front Porch

Schools

  • Teller Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • E F Hallacks Second Add To Denver Subdivision

Listing and Financial Details

  • Exclusions: staging property, personal property
  • Property held in a trust
  • Assessor Parcel Number 5012-33-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,572

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 2302
  • Exclusions: staging property, personal property
  • Living Area: 2559
  • SubdivisionName: E F Hallacks Second Add To Denver
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_BelowGradeUnfinishedArea: 196.00
  • REC_ExpectedActiveDate: 2024-02-28
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.02273
  • Attribution Contact: MichelleDirect@kw.com,720-741-0613
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Quartz Counters, Walk-In Closet(s)
  • Flooring: Concrete, Vinyl
  • Fireplace Features: Living Room
  • Common Walls: No Common Walls
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 257

Exterior Features

  • Direction Faces: West
  • Roof: Other
  • Construction Materials: Brick
  • Exterior Features: Fire Pit
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

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

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5012-33-009
  • Lot Size Acres: 0.1
  • Fencing: Full
  • Building Area Total: 2755
  • Lot Size Sq Ft: 4387
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3572

MLS Schools

  • Elementary School: Teller
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 1, 2024
Sold by
Smg Remodeling Llc
Bought by
Dowlen Alex Michael and Dowlen Una Park
Seller's Agent
Michelle Glass
Keller Williams Integrity Real Estate LLC
Buyer's Agent
Bobby Reginelli
MODUS Real Estate
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Views
263
Current Estimated Value
$1,077,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,983
Avg. Annual Appreciation
-2.85%
Original Mortgage
$1,125,000
Outstanding Balance
$1,101,809
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$24,792

Purchase Details

Closed on
Jul 15, 2022
Sold by
Ruth Wilhelm Trust
Bought by
Marvin Wilhelm Trust

Purchase Details

Closed on
Nov 1, 2008
Sold by
Wilhelm Ruth and Wilhelm Marvin
Bought by
Wilhelm Ruth and Wilhelm Marvin

Purchase Details

Closed on
Apr 5, 1995
Sold by
Day Philip M and Day Barbara E
Bought by
Wilhelm Ruth and Wilhelm Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.66%
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
Dowlen Alex Michael $1,125,000 None Listed On Document
Marvin Wilhelm Trust -- None Listed On Document
Wilhelm Ruth -- None Available
Wilhelm Ruth $130,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowlen Alex Michael $1,125,000
Previous Owner Wilhelm Ruth $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $1,125,000 +2.3% $440 / Sq Ft
02/28/2024 02/28/24 For Sale $1,100,000 +45.3% $430 / Sq Ft
10/31/2023 10/31/23 Sold $757,000 -8.8% $329 / Sq Ft View Prior Sale
09/22/2023 09/22/23 For Sale $830,000 -- $361 / 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 $5,272 $66,560 $14,560 $52,000
2023 $5,157 $66,560 $14,560 $52,000
2022 $3,572 $44,920 $18,520 $26,400
2021 $3,572 $47,230 $19,470 $27,760
2020 $3,826 $51,560 $17,170 $34,390
2019 $3,718 $51,560 $17,170 $34,390
2018 $3,809 $49,240 $14,990 $34,250
2017 $3,798 $49,240 $14,990 $34,250
2016 $2,794 $34,260 $14,026 $20,234
2015 $2,677 $34,260 $14,026 $20,234
2014 $1,855 $22,340 $9,170 $13,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4849752

REcolorado®

APN: 5012-33-009