$900,000
SOLD SEP 20, 2024
4 Beds
2 Baths
1,728 Sq Ft
4,380 Sq Ft Lot

Recently Sold

$521 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Corner Lot
  • South High School Rated A-
  • Wood Flooring
  • Quartz Countertops

About This Home

As of September 2024

WOW, this is a fantastic duplex in the heart of Platt Park, a great place to invest your hard- earned money. Completely renovated in 2022 and currently enjoyed by loyal tenants, this is an excellent investment for someone looking to invest in real estate in a great Denver submarket. Easily rented, or turn this property into your heart’s desire and take it back to a single family home once the leases expire. Already zoned for an ADU (special conditions may apply) this property provides numerous possibilities. The property comes with an oversized two car garage, a super bonus often absent from these duplex rentals in central Denver. Get top rental rates with this fully renovated property and enjoy the benefits of current cash flow. To protect tenants from unnecessary showings, this property is shown by appointment only to serious investors; no casual curious folks, sorry.

Property includes a nice, quiet yard; fully fenced for animal friends. The upstairs enjoys a front covered patio and both units share a nice back patio. Located with easy access to the RTD bus line, South Platte River bike trail, wo light rail stops, and all that Pearl Street and South Broadway have to offer in Platt Park. Enjoy a peaceful, quiet location that's also close to superb restaurants, shops, bars, grocery stores and more, all within blocks of the property.

This is the investment property you've been waiting for, ready for the enjoyment of tenants and owners alike! Don't worry about lots of costly repairs as the systems, appliances, and interior features are all nearly NEW. This is a TURN-KEY investment opportunity!

Last Agent to Sell the Property

Kathleen M Eschner

Hamilton Hahn LLC Brokerage Email: kit@hamiltonhahn.com,303-916-5110 License #40023160 Listed on: 08/17/2024

Last Buyer's Agent

Jim Rhye

Kentwood Real Estate Cherry Creek License #40040088

Kentwood Real Estate Cherry Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 4,380 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Property is zoned U-SU-B1

Parking

  • 2 Car Garage
  • Oversized Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Basement Window Egress

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Smoke Free Home

Schools

  • Mckinley-Thatcher Elementary School
  • Grant Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Platt Park Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 5221-10-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,244

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 864
  • Current Use: Live/Work
  • Exclusions: Tenants personal property
  • Living Area: 1728
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Platt Park
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.94737
  • Attribution Contact: kit@hamiltonhahn.com,303-916-5110
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Quartz Counters, Smoke Free
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Common Walls: 2+ Common Walls
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 864
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Window Features: Double Pane Windows, Egress Windows

Exterior Features

  • Direction Faces: East
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • 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

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5221-10-031
  • Lot Size Acres: 0.1
  • Fencing: Full
  • Building Area Total: 1728
  • Lot Features: Corner Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 4380
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Energy Efficient: Windows

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3244

MLS Schools

  • Elementary School: McKinley-Thatcher
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Sep 20, 2024
Sold by
Bernhoerster Kaitlin and Bernhoerster Felix
Bought by
Penny Lane Ventures Llc
Seller's Agent
Kathleen M Eschner
Hamilton Hahn LLC
Buyer's Agent
Jim Rhye
Kentwood Real Estate Cherry Creek
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Total Days on Market
6
Views
3
Current Estimated Value
$922,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,363
Avg. Annual Appreciation
3.52%
Original Mortgage
$300,000
Outstanding Balance
$298,347
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$624,016

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 12, 2021
Sold by
Berk Emily S H C and Berk Darrell F
Bought by
Bernhoerster Kaitlin and Bernhoerster Felix
Seller's Agent
Loren Berk
Key Real Estate Group LLC
Buyer's Agent
Suzanne LaVoie Knight
Abaco Real Estate
List Price
$698,000
Sold Price
$625,000
Premium/Discount to List
-$73,000
-10.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$500,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 1989
Sold by
Berk Darrell F
Bought by
Berk Darrell F and Berk Emily S H C
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 Type Sale Price Title Company
Warranty Deed $900,000 Land Title
Warranty Deed $625,000 Land Title Guarantee Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $900,000 -5.3% $521 / Sq Ft
08/17/2024 08/17/24 For Sale $950,000 +52.0% $550 / Sq Ft
11/12/2021 11/12/21 Sold $625,000 0.0% $723 / Sq Ft
11/12/2021 11/12/21 Sold $625,000 -7.4% $362 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/26/2021 09/26/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $675,000 0.0% $391 / Sq Ft
09/16/2021 09/16/21 Price Changed $675,000 -3.3% $781 / Sq Ft
09/03/2021 09/03/21 For Sale $698,000 0.0% $808 / Sq Ft
08/18/2021 08/18/21 Price Changed $698,000 -3.1% $404 / Sq Ft
08/04/2021 08/04/21 Price Changed $720,000 -0.7% $417 / Sq Ft
07/21/2021 07/21/21 For Sale $725,000 +16.0% $420 / Sq Ft
06/04/2021 06/04/21 Off Market $625,000 -- --
05/28/2021 05/28/21 For Sale $698,000 -- $404 / 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: 6695864

REcolorado®

APN: 05221-10-031-000