NOT LISTED FOR SALE

Estimated Value: $461,570 - $1,181,000

8 Beds
4 Baths
3,404 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 21, 2013

Last sale price $315,000 $93 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,831/month

207 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 5-minute walk to Liberator Park
  • George Washington High School Rated A-
  • Forced Air Heating System

About This Home

As of November 2013

4-PLEX Fully leased w/coin laundry for extra income. New roof in 2002, carpet only 2 yrs old, new furnaces in 01, newer water heaters & appliances. Close to Lowry & several parks just a few blocks away. 6 off street parking spaces and only 1/2 mile away from many restaurants, stores, shopping & bus lines make this a desired rental. Take advantage of low interest rates for investors to own your first investment property.

Last Agent to Sell the Property

Mike Malvey

Group Centerra Listed on: 03/29/2013

Group Centerra

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,043

Year Built

  • Built in 1982

Lot Details

  • 7,311

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Montclair Elementary School
  • Hill Middle School
  • Washington High School

Additional Features

  • 7,311 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number 604230042

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • College Square Subdivision

Building Details

  • Gross Income $29,640
  • Net Operating Income $17,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,043

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: College Square
  • Directions: from Colfax (287) & Quebec, East 3 blocks and South on Rosemary, go 3.5 blocks to apartment complex.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3404
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, Denver Water
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Montclair
  • HighSchool: Washington, George
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Hill

Lot Info

  • Zoning: R2A
  • Lot Size Sq Ft: 7311
  • Parcel #: 604230042
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2043

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29640
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 11763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2016
Sold by
Hanna Andrew and Hanna Karen M
Bought by
Hitt Laustsen Jessica
Current Estimated Value
$670,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2008
Sold by
Hsbc Mortgage Service Inc
Bought by
Hanna Andrew and Hanna Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,461
Interest Rate
6.38%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2007
Sold by
Reyes Yvonne R
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
May 15, 2001
Sold by
Habitat For Humanity Of Metro Denver Inc
Bought by
Banuelos Dilcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hitt Laustsen Jessica $270,000 Homestead Title & Escrow
Hanna Andrew $144,900 None Available
Hsbc Mortgage Services Inc -- None Available
Banuelos Dilcia $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laustsen Jessica Hitt $243,600
Closed Hitt Laustsen Jessica $216,000
Previous Owner Hanna Stephen $128,357
Previous Owner Hanna Andrew $126,461
Previous Owner Banuelos Dilcia $180,000
Previous Owner Banuelos Dilcia $65,000
Closed Banuelos Dilcia $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $315,000 -- --
11/21/2013 11/21/13 Sold $315,000 -4.3% $93 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $329,000 -- $97 / Sq Ft
Source: IRES MLS

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 $2,210 $27,900 $6,750 $21,150
2023 $2,162 $27,900 $6,750 $21,150
2022 $1,760 $22,130 $6,190 $15,940
2021 $1,698 $22,750 $6,360 $16,390
2020 $1,614 $21,760 $4,770 $16,990
2019 $1,569 $21,760 $4,770 $16,990
2018 $1,292 $16,700 $4,800 $11,900
2017 $1,288 $16,700 $4,800 $11,900
2016 $924 $11,330 $3,184 $8,146
2015 $885 $11,330 $3,184 $8,146
2014 $702 $8,450 $2,834 $5,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 703246

IRES MLS

APN: 6042-30-017