NOT LISTED FOR SALE

Estimated Value: $613,000 - $754,000

0.16 Acre
$4,126,162 Price per Acre
7,183 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $705,000 $898 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,933/month

6 Days on Market

Highlights

  • Water Views
  • 3-minute walk to Perry
  • Property is near a preserve or public land
  • No HOA
  • Home fronts a stream
  • 4-minute walk to Lakewood / Dry Gulch Park

About This Lot

As of March 2022

This is almost certainly one of the most enchanting & wonderful places in West Colfax because it borders Lakewood Gulch Park and doesn’t have an alley between it and the park. From here, you’re a quick stroll to the wildly-popular St Anthony’s Redevelopment Site, to Sloan’s Lake and much more. Its a GREAT rental, it would be an excellent place to live and it'd also be a great place to redevelop. Its considerably more than a double lot with a total of 7,183 square feet. Even though it’s at the bottom of the street, its perched above the park, far above the creek and literally a stone’s throw to the W-Line Perry Street Light Rail Station and a frisbee toss to the Paco Sanchez Frisbee Golf course. You have enchanting views of the park and mountains. Its zoned G-MU-3, so many possibilities exist for something in the future. If redeveloping, please be aware that there’s no alley behind it and that presents a need to create a [potentially large] drive aisle for access to and from the street and the result is that it can’t have the same form as many recently built in the neighborhood – but with spectacular setting, why would someone want to do something regular? This home is occupied – PLEASE do not disturb the tenants. Its rented to excellent tenants @ $1,920/month. The lease runs through June 30, 2022. Lease can be provided upon request.

Last Agent to Sell the Property

Steven Kinney

RE/MAX Professionals License #040026535 Listed on: 01/18/2022

RE/MAX Professionals

Last Buyer's Agent

Kendra Lanterman

West and Main Homes Inc License #40024843

West and Main Homes Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,393

Year Built

  • 1985

Lot Details

  • 7,183 Sq Ft Lot
  • Home fronts a stream
  • Partially Fenced Property
  • Level Lot
  • Development of the land is complete
  • Property is zoned G-MU-3

Property Views

  • Water
  • Golf Course
  • Mountain

Utilities

  • 220 Volts
  • Natural Gas Connected
  • Phone Available

Community Details

  • No Home Owners Association
  • West Colfax / South Of Sloan's Lake Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Exclusions: Tenant's personal property.
  • Assessor Parcel Number 5061-23-038

Property Details

Property Type

Land

Est. Annual Taxes

$2,393

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Tenant/Leased, Residential
  • Exclusions: Tenant's personal property.
  • Directions: From St Anthony's redevelopment on Colfax, one block west on Colfax to Stuart. South on Stuart 2.5 blocks to last house on the left.
  • SubdivisionName: West Colfax / South of Sloan's Lake
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.08462
  • Special Features: VirtualTour
  • Year Built: 1985

Exterior Features

  • View: Golf Course, Mountain(s), Water
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Stream

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: 220 Volts

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Parcel Number: 5061-23-038
  • Lot Size Acres: 0.16
  • Fencing: Partial
  • Possible Use: Multi-Family
  • Lot Features: Borders Public Land, Level
  • Lot Size Sq Ft: 7183
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 24, 2022
Sold by
Ryan Chris R
Bought by
Marsh Shane and Marsh Mary Bryn
Seller's Agent
Steven Kinney
RE/MAX Professionals
Buyer's Agent
Kendra Lanterman
West and Main Homes Inc
List Price
$650,000
Sold Price
$705,000
Premium/Discount to List
$55,000
8.46%
Total Days on Market
6
Current Estimated Value
$660,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,814
Avg. Annual Appreciation
-2.01%
Original Mortgage
$493,500
Outstanding Balance
$462,425
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$197,761

Purchase Details

Closed on
Mar 14, 2011
Sold by
Kopp Christopher J and Callahan Jeanne M
Bought by
Ryan Chris R and Ryan Kathryn Kramer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2007
Sold by
Us Bank Na
Bought by
Kopp Christopher J and Callahan Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2007
Sold by
Jewell Beverly
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Jewell Beverly A
Bought by
Jewell Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
10.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Stuart Steven L and Stuart Sandra L
Bought by
Jewell Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,246
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 15, 2002
Sold by
Jewell Beverly A
Bought by
Stuart Sandra L

Purchase Details

Closed on
Dec 15, 1998
Sold by
Lineback Alice J and Lineback Cecil E
Bought by
Jewell Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
6.79%

Purchase Details

Closed on
Oct 8, 1998
Sold by
City & County Of Denver
Bought by
Jewell Beverly A
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
Marsh Shane -- None Listed On Document
Ryan Chris R $139,000 First American Title Ins Co
Kopp Christopher J $90,000 First American Title Ins Co
Us Bank Na -- None Available
Jewell Beverly -- --
Jewell Beverly A -- --
Stuart Sandra L -- --
Jewell Beverly A -- --
Jewell Beverly A $500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Shane $493,500
Previous Owner Ryan Chris R $144,100
Previous Owner Ryan Chris R $111,200
Previous Owner Kopp Christopher J $30,677
Previous Owner Kopp Christopher J $81,000
Previous Owner Jewell Beverly $139,000
Previous Owner Jewell Beverly $119,000
Previous Owner Jewell Beverly A $6,246
Previous Owner Jewell Beverly A $82,000
Previous Owner Jewell Beverly A $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $705,000 +8.5% $898 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $650,000 -- $828 / 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 $2,850 $35,980 $21,920 $14,060
2023 $2,788 $35,980 $21,920 $14,060
2022 $2,283 $28,710 $23,440 $5,270
2021 $2,204 $29,540 $24,120 $5,420
2020 $2,393 $32,250 $24,120 $8,130
2019 $2,326 $32,250 $24,120 $8,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2888638

REcolorado®

APN: 5061-23-038