NOT LISTED FOR SALE

Estimated Value: $633,993 - $663,000

4 Beds
2 Baths
1,860 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $625,000 $336 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,271/month

51 Days on Market

Highlights

  • Water Views
  • Living Room with Fireplace
  • Granite Countertops
  • George Washington High School Rated A-
  • Traditional Architecture
  • 2-minute walk to New Freedom Park

About This Home

As of December 2023

$5,000 credit from seller to buyer to buy down rate or use towards buyer closing costs!
Unit A features 2 bedrooms and 1 bath fully renovated and ready for you to occupy as you launch your real estate investment career living in one unit, and renting out the second, or rent both units and maximize rental income.
It’s hard to imagine a kitchen with this much storage! Beautiful new shaker cabinets, granite countertops and gleaming stainless-steel appliances and range hood. Prepping dinner in this culinary sanctuary is a true delight. The washer/dryer are conveniently located at one end of the kitchen…no hauling loads of laundry. Plus, ample room for a kitchen table. The centerpiece of the large living room is an original wood-burning fireplace of in a stone surround and hearth. Beautiful hardwood floors throughout. The primary bedroom is extra spacious and easily accommodates a king-size bed. The wholly remodeled bathroom with brand new sink vanity and new fixtures with a tile shower surround is calming, spa-like.
The low-maintenance exterior features newer vinyl windows and is freshly painted. The separate garage has three generous-sized parking spaces and the large yard offers a world of possibility for children to play or refine your gardening skills. Located in the East Colfax residential neighborhood, the homes are within walking distance to Verbena Park and New Freedom Park/Xenia Park.
The lower residence B is currently rented for $1700/month. Sect 8 2-bedroom rental rates for Denver are $2,042. Both units are identical floorplans of 1860 sq ft.
This is a great investor opportunity. The seller is offering a second duplex across the street at 1156 Xenia St for consolidated management and a wise wealth and growth plan.

Last Agent to Sell the Property

Jarod Clark

Jarod Clark Realty LLC Brokerage Email: JAROD@parkpropertiesrealty.com,303-912-0227 License #40031860 Listed on: 09/22/2023

Last Buyer's Agent

Yaron Marcus

Coldwell Banker Realty 24 License #100031820

Coldwell Banker Realty 24

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,053

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 6,250 Sq Ft Lot
  • Home fronts a stream
  • Open Space
  • No Common Walls
  • East Facing Home
  • Partially Fenced Property
  • Level Lot

Parking

  • 3 Car Attached Garage

Property Views

  • Water
  • Meadow

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laminate Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Single-Phase Power
  • 220 Volts
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Staging items Tenant Personal property
  • Tenant pays for electricity, gas, internet, trash collection
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 6041-31-021

Community Details

Overview

  • No Home Owners Association
  • Montclair Subdivision
  • Property is near a preserve or public land

Building Details

  • Operating Expense $4,053

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,053

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1860
  • Entry Location: Exterior Access
  • Exclusions: Staging items Tenant Personal property
  • Living Area: 1860
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Montclair
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.92593
  • Attribution Contact: JAROD@parkpropertiesrealty.com,303-912-0227
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Range Hood, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Speed Internet
  • Flooring: Laminate
  • Fireplace Features: Living Room
  • Common Walls: No Common Walls
  • Basement: No
  • Total Bedrooms: 4
  • Entry Level: 1

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Cement Siding
  • View: Meadow, Water
  • Exterior Features: Balcony, Rain Gutters
  • Patio and Porch Features: Front Porch, Patio
  • Waterfront Features: Stream

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 3

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 220 Volts, Single Phase
  • Laundry Features: In Unit, Multiple Locations
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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

Fee Information

  • Operating Expense: 4052.56

Schools

  • Middle Or Junior School: Hill

Lot Info

  • Parcel Number: 6041-31-021
  • Lot Size Acres: 0.14
  • Fencing: Partial
  • Building Area Total: 1860
  • Lot Features: Borders Public Land, Level, Open Space
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Electricity, Gas, Internet, Trash Collection

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2053

MLS Schools

  • Elementary School: Montclair
  • High School: George Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Dec 11, 2023
Sold by
Torok Andreea
Bought by
Reimer Marc
Seller's Agent
Jarod Clark
Jarod Clark Realty LLC
Buyer's Agent
Yaron Marcus
Coldwell Banker Realty 24
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Total Days on Market
51
Views
130
Current Estimated Value
$648,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,497
Avg. Annual Appreciation
2.46%
Original Mortgage
$500,000
Outstanding Balance
$493,730
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$154,767

Purchase Details

Closed on
Sep 3, 2021
Sold by
Urban Designs Llc
Bought by
Torok Andreea

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 17, 2021
Sold by
Roy Iqbal
Bought by
Urban Designs Llc
Seller's Agent
Errol Roy
RE Brokers
Buyer's Agent
Erik Carman
Compass - Denver
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$340,000
Interest Rate
2.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2007
Sold by
Wells Fargo Na
Bought by
Tilly Devon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,605
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2007
Sold by
Franco Fermin and Franco Alejandro
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 18, 2005
Sold by
Franco Alejandro
Bought by
Franco Fermin and Franco Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
8.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Franco Alejandro and Franco Fermin
Bought by
Franco Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
8.62%

Purchase Details

Closed on
Sep 30, 1999
Sold by
P
Bought by
Franco Alejandro and Franco Fermine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,928
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1999
Sold by
Pitts Zahe
Bought by
P&F Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,928
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1999
Sold by
Evans John M
Bought by
Pitts Zahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,928
Interest Rate
7.83%
Mortgage Type
FHA
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
Reimer Marc $625,000 Homestead Title
Torok Andreea -- Prestige Title & Escrow
Urban Designs Llc $425,000 Heritage Title Company
Tilly Devon $155,000 Title America
Wells Fargo Bank Na -- None Available
Franco Fermin -- --
Franco Alejandro -- Empire Title & Escrow
Franco Alejandro $158,000 North American Title Co
P&F Llc -- --
Pitts Zahe $125,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reimer Marc $500,000
Previous Owner Urban Designs Llc $340,000
Previous Owner Roy Iqbal $120,375
Previous Owner Tilly Devon $152,605
Previous Owner Franco Fermin $195,500
Previous Owner Franco Alejandro $182,750
Previous Owner Franco Alejandro $5,775
Previous Owner Franco Alejandro $156,928
Previous Owner Pitts Zahe $123,978
Previous Owner Evans John M $76,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $625,000 +0.2% $336 / Sq Ft
11/03/2023 11/03/23 Price Changed $624,000 -3.9% $335 / Sq Ft
10/17/2023 10/17/23 Price Changed $649,000 -3.9% $349 / Sq Ft
09/22/2023 09/22/23 For Sale $675,000 +58.8% $363 / Sq Ft
02/17/2021 02/17/21 Sold $425,000 0.0% $228 / Sq Ft
02/17/2021 02/17/21 Sold $425,000 0.0% $228 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/31/2021 01/31/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $425,000 0.0% $228 / Sq Ft
01/29/2021 01/29/21 For Sale $425,000 0.0% $228 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $425,000 -- $228 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4596572

REcolorado®

APN: 06041-31-021-000