NOT LISTED FOR SALE

Estimated Value: $412,000 - $667,000

0.14 Acre
$3,844,493 Price per Acre
6,250 Sq Ft Lot

Last Sold August 20, 2024

Last sale price $425,000 $403 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,049/month

136 Days on Market

Highlights

  • No HOA
  • George Washington High School Rated A-
  • Development of the land is complete

About This Lot

As of August 2024

Incredible building opportunity on a 6,250 square foot lot in the highly sought after Mayfair neighborhood. The area seamlessly blends charming, historic residences with thoughtfully designed new homes, creating an appealing urban landscape. Take advantage of this opportunity while the property prices are within reach. The property is centrally located and just a short distance from 9+CO (the 9th and Colo Blvd redevelopment) including retail, dining, and AMC theater. A few short blocks from Lindsley park which includes tennis courts, a softball field, basketball hoops, playground, and ample green space. Also near City Park, Denver Zoo, Museum of Nature and Science and Cherry Creek.

The Hale neighborhood was recently rezoned to allow for ADUs.

Last Agent to Sell the Property

Julie Cochran

Equity Colorado Real Estate Brokerage Email: Julie@CochranHomes.net,303-437-3187 License #100072526 Listed on: 03/25/2024

Equity Colorado Real Estate

Last Buyer's Agent

Julie Cochran

Equity Colorado Real Estate Brokerage Email: Julie@CochranHomes.net,303-437-3187 License #100072526 Listed on: 03/25/2024

Equity Colorado Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,484

Lot Details

  • 6,250 Sq Ft Lot
  • Development of the land is complete
  • Property is zoned E-SU-DX

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06061-20-007-000

Property Details

Property Type

Land

Est. Annual Taxes

$2,484

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: None
  • SubdivisionName: Hale
  • Ownership: Builder
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.71429
  • Attribution Contact: Julie@CochranHomes.net,303-437-3187
  • Special Features: None

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Lot Info

  • Parcel Number: 06061-20-007-000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Aug 20, 2024
Sold by
1240 Forest St Llc
Bought by
Kersting Alex C and Kersting Brianna M
Seller's Agent
Julie Cochran
Equity Colorado Real Estate
Buyer's Agent
Julie Cochran
Equity Colorado Real Estate
List Price
$595,000
Sold Price
$425,000
Premium/Discount to List
-$170,000
-28.57%
Views
46
Current Estimated Value
$538,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,229
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
Sep 14, 2022
Closed on
Jun 28, 2023
Sold by
Nancy Letman Properties Llc
Bought by
1240 Forest St Llc
Seller's Agent
Amy Rittenberg
Licht Realty Company
Buyer's Agent
Julie Cochran
Equity Colorado Real Estate
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.47%

Purchase Details

Closed on
Mar 23, 2017
Sold by
12400 Forest Llc
Bought by
Nancy Letman Properties Llc

Purchase Details

Closed on
May 9, 2016
Sold by
Jobe Patrick W and Jobe Robin H
Bought by
1240 Forest Llc

Purchase Details

Closed on
Feb 28, 1997
Sold by
Christy Jill P
Bought by
Jobe Patrick W and Jobe Robin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.5%

Purchase Details

Closed on
Aug 25, 1995
Sold by
Bishop Cindy L and Christy Jill P
Bought by
Christy Jill P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.76%
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
Kersting Alex C $425,000 None Listed On Document
1240 Forest St Llc $530,000 Land Title
Nancy Letman Properties Llc $380,000 Land Title Guarantee
1240 Forest Llc $310,000 Land Title Guarantee Company
Jobe Patrick W $136,000 Land Title
Christy Jill P -- Title America
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jobe Patrick W $122,400
Previous Owner Christy Jill P $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $425,000 -3.2% $403 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $439,000 -2.4% $417 / Sq Ft
07/16/2024 07/16/24 Price Changed $450,000 -2.0% $427 / Sq Ft
07/08/2024 07/08/24 Price Changed $459,000 -1.3% $435 / Sq Ft
06/24/2024 06/24/24 Price Changed $465,000 -2.9% $441 / Sq Ft
06/17/2024 06/17/24 Price Changed $479,000 -2.0% $454 / Sq Ft
06/10/2024 06/10/24 Price Changed $489,000 -2.0% $464 / Sq Ft
05/20/2024 05/20/24 Price Changed $499,000 -3.1% $473 / Sq Ft
05/13/2024 05/13/24 Price Changed $515,000 -3.7% $489 / Sq Ft
05/06/2024 05/06/24 Price Changed $535,000 -3.6% $508 / Sq Ft
04/29/2024 04/29/24 Price Changed $555,000 -3.5% $527 / Sq Ft
04/22/2024 04/22/24 Price Changed $575,000 -1.7% $546 / Sq Ft
04/06/2024 04/06/24 Price Changed $585,000 -1.7% $555 / Sq Ft
03/25/2024 03/25/24 For Sale $595,000 +12.3% $565 / Sq Ft
06/28/2023 06/28/23 Sold $530,000 -10.9% $503 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
09/13/2022 09/13/22 For Sale $595,000 -- $565 / 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 $2,346 $29,620 $27,700 $1,920
2023 $3,064 $39,540 $27,700 $11,840
2022 $2,484 $31,230 $26,050 $5,180
2021 $2,397 $32,130 $26,800 $5,330
2020 $2,351 $31,690 $26,800 $4,890
2019 $2,285 $31,690 $26,800 $4,890
2018 $2,022 $26,130 $17,990 $8,140
2017 $2,016 $26,130 $17,990 $8,140
2016 $2,096 $25,700 $18,642 $7,058
2015 $2,008 $25,700 $18,642 $7,058
2014 $1,776 $21,380 $14,917 $6,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6187948

REcolorado®

APN: 6061-20-007