NOT LISTED FOR SALE

Estimated Value: $343,112 - $591,000

1 Bed
1 Bath
1,350 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $730,000 $541 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $2,545/month

13 Days on Market

Highlights

  • Front Porch
  • 1-Story Property
  • Level Lot
  • Morey Middle School Rated A-
  • Forced Air Heating System

About This Home

As of October 2022

Great Investor opportunity right between Chessman, Capitol Hill, Alamo Placita, and Country Club. Full Duplex - Both 1121 and 1125 E 6th are included in the sale. Each side of the duplex offers a kitchen, bedroom, full bathroom, living room, dining room, and basement. Off the back of the homes, one side has a small yard and the other has 1 parking space. This is an amazing location, with close proximity to Downtown, Capitol Hill, Cherry Creek, Wash Park, and within a few blocks of restaurants such as Angelo's, Table 6, and Fruition, and right across the street from Safeway. 1121 E 6th is currently vacant (was most recently leased for $1,850). 1125 E 6th is leased for $1,750 / month and expires 12/1/2022. The property is being sold with the 441 Emerson tenant in place.

Last Listed By

Evan Miller

Miller Wilde Real Estate LLC License #40030197 Listed on: 08/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,139

Year Built

  • Built in 1908

Lot Details

  • 2,450 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Off-Street Space

Schools

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

Additional Features

  • Front Porch
  • Forced Air Heating System

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Exclusions: tenant`s personal property and furniture, any mounted TVs and / or TV Mounts
  • Tenant pays for cable TV, electricity, gas, grounds care, telephone, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 5023-32-032 / 5023-32-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,139

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 540.74
  • Finished Price per Sq Ft: 540.74
  • Total Price per Sq Ft: 350.62
  • Year Built: 1908
  • Above Grade Finished Sq Ft: 1350.00
  • Below Grade Sq Ft: 732.00
  • Cap Rate Calculation: Base on Projected 2022 NOI - buyer to confirm all
  • Exclusions: tenant`s personal property and furniture, any mounted TVs and / or TV Mounts
  • Living Area: 1350.00
  • Offstreet Spaces: 1
  • P P A: 12166666.67
  • Projected Annual Expense: 7737.00
  • Projected Annual Net Income: 37549.00
  • Projected Gross Income: 45286.00
  • SubdivisionName: Capitol Hill
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 1

Exterior Features

  • Roof: Unknown
  • Construction Materials: Brick
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Total Parking Spaces: 1

Utilities

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

Schools

  • School District: Denver 1
  • Elementary School: Dora Moore
  • Middle School: Morey
  • High School: East
  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5023-32-032 / 5023-32-033
  • Lot Size Acres: 0.06
  • Building Area Total: 2082.00
  • Lot Features: Level
  • Lot Size Sq Ft: 2450.00

Rental Info

  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Telephone, Water

Multi Family

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3139.00

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 5, 2022
Sold by
Dpc 1125 Llc
Bought by
Schwab Shane J
Seller's Agent
Evan Miller
Miller Wilde Real Estate LLC
Buyer's Agent
Matt Bryant
Blue Pebble Homes
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Total Days on Market
13
Views
5
Current Estimated Value
$430,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,472
Avg. Annual Appreciation
-17.37%
Original Mortgage
$239,500
Outstanding Balance
$231,932
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$210,096

Purchase Details

Closed on
Apr 21, 2021
Sold by
Dragon Properties Llc
Bought by
Dpc 1121 Llc

Purchase Details

Closed on
Jan 15, 2021
Sold by
Dragon Properties Colorado Llc
Bought by
Dpc 112S Llc

Purchase Details

Closed on
Jan 14, 2021
Sold by
Dragon Properties Colorado Llc
Bought by
Dpc 1125 Llc

Purchase Details

Closed on
Sep 21, 2020
Sold by
Dragon Properties Llc
Bought by
Dpc 1121 Llc

Purchase Details

Closed on
Apr 7, 2004
Sold by
Costonis Stephanie and Head Anthony Christopher
Bought by
Dragon Properties Llc

Purchase Details

Closed on
Sep 26, 2003
Sold by
Costonis Stephanie
Bought by
Costonis Stephanie and Head Anthony Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

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
Schwab Shane J $365,000 Land Title
Dpc 1121 Llc -- None Available
Dpc 112S Llc -- None Available
Dpc 1125 Llc -- None Available
Dpc 1121 Llc -- None Available
Dragon Properties Llc -- --
Costonis Stephanie -- Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Shane J $239,500
Previous Owner Dragon Properties Llc $70,000
Previous Owner Costonis Stephanie $50,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $730,000 -2.7% $541 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $750,000 -- $556 / 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 $1,754 $22,150 $520 $21,630
2023 $1,716 $22,150 $520 $21,630
2022 $1,640 $20,620 $4,360 $16,260
2021 $1,583 $21,220 $4,490 $16,730
2020 $1,573 $21,200 $4,080 $17,120
2019 $1,529 $21,200 $4,080 $17,120
2018 $1,304 $16,850 $3,700 $13,150
2017 $1,300 $16,850 $3,700 $13,150
2016 $1,141 $13,990 $3,407 $10,583
2015 $1,093 $13,990 $3,407 $10,583
2014 $1,074 $12,930 $2,388 $10,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8409626

REcolorado®

APN: 5023-32-033