NOT LISTED FOR SALE

Estimated Value: $1,152,000 - $1,242,000

5 Beds
5 Baths
3,580 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $1,142,000 $319 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,121/month

622 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Heating System Uses Steam
  • Morey Middle School Rated A-
  • Patio
  • Level Lot

About This Home

As of December 2023

This beautiful CapHill residence was under contract with a 1031 exchange and fell out in Spring 2022 due to timing on external issues .Leases were renewed at the same rate (no increase for multiple years as is evidence in the financials in supplements) Neighborhood has seen 6% increase in the last year alone. The separate apartments with correct safety exits and entry. Detached two car garage with 4 off-street parking spaces included in sale. 3/2, 2/1, 1/1 apartments are remodeled and heating was replaced in 2022.

HOUSE HACK available in Capitol Hil. 3 units 4 off-street. parking spaces, currently rented to allow for immediate income generation Apts A and B are vacant and tenet in C is ,month to month. 24 hr notice on showings,

Last Agent to Sell the Property

Renee Forsythe

Keller Williams DTC License #100077074 Listed on: 02/17/2022

Keller Williams DTC

Last Buyer's Agent

Steve King

Compass - Boulder License #100085636

Compass - Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • Heating System Uses Steam

Community Details

  • No Home Owners Association
  • Capitol Hill Subdivision

Listing and Financial Details

  • Exclusions: renter's personal property
  • Property held in a trust
  • Assessor Parcel Number 5031-12-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1905 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Three Or More
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2630
  • Exclusions: renter's personal property
  • Living Area: 3580
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Capitol Hill
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 360.00
  • REC_ExpectedActiveDate: 2022-02-15
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.78759
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 950

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 4
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Steam

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

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5031-12-006
  • Building Area Total: 3940
  • Lot Features: Level

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3886

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Dec 5, 2023
Sold by
Jmj Emerson Llc
Bought by
Vakili Simon
Seller's Agent
Renee Forsythe
Keller Williams DTC
Buyer's Agent
Steve King
Compass - Boulder
List Price
$1,450,000
Sold Price
$1,142,000
Premium/Discount to List
-$308,000
-21.24%
Views
173
Current Estimated Value
$1,209,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,932
Avg. Annual Appreciation
4.48%
Original Mortgage
$745,000
Outstanding Balance
$734,428
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$498,698

Purchase Details

Closed on
Oct 14, 2021
Sold by
Emerson Dillon
Bought by
Jmj Emerson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,391
Interest Rate
3.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2013
Sold by
Curtiss Angela S
Bought by
Emerson Dillon M

Purchase Details

Closed on
Jul 2, 2010
Sold by
Emerson Dillon M
Bought by
Emerson Dillon M and Curtiss Angela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,730
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2006
Sold by
Barnhart Richard C
Bought by
Emerson Dillon M and Emerson Sarah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2003
Sold by
Barnhart Nancy J and Barnhart Richard C
Bought by
Barnhart Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1999
Sold by
Brown Judy L
Bought by
Barnhart Nancy J and Barnhart Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,300
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 7, 1995
Sold by
Jurchan Mary Ann and Jurchan John P
Bought by
Brown Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
8.17%
Source: Public Records

Range of Values:

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Average Value
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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
Vakili Simon $1,142,000 Land Title
Jmj Emerson Llc -- None Available
Emerson Dillon M -- None Available
Emerson Dillon M -- None Available
Emerson Dillon M -- None Available
Emerson Dillon M $415,000 Land Title Guarantee Company
Barnhart Richard C -- Commonwealth Title
Barnhart Nancy J $250,000 North American Title Co
Brown Judy L $127,500 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vakili Simon $745,000
Previous Owner Jmj Emerson Llc $124,391
Previous Owner Jmj Emerson Llc $577,000
Previous Owner Emerson Dillon M $95,000
Previous Owner Emerson Dillon M $598,450
Previous Owner Emerson Dillon M $410,730
Previous Owner Emerson Dillon M $83,000
Previous Owner Emerson Dillon M $332,000
Previous Owner Barnhart Richard C $292,500
Previous Owner Barnhart Richard C $292,500
Previous Owner Barnhart Nancy J $248,300
Previous Owner Brown Judy L $10,000
Previous Owner Brown Judy L $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $1,142,000 -4.8% $319 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
08/19/2023 08/19/23 Price Changed $1,200,000 -7.0% $335 / Sq Ft
03/24/2023 03/24/23 Price Changed $1,290,000 -11.0% $360 / Sq Ft
01/24/2023 01/24/23 For Sale $1,450,000 +27.0% $405 / Sq Ft
03/12/2022 03/12/22 Off Market $1,142,000 -- --
03/09/2022 03/09/22 For Sale $1,450,000 0.0% $405 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $1,450,000 -- $405 / 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 $6,961 $87,890 $20,330 $67,560
2023 $6,810 $87,890 $20,330 $67,560
2022 $6,293 $79,130 $24,380 $54,750
2021 $6,207 $83,190 $25,630 $57,560
2020 $3,886 $52,370 $22,430 $29,940
2019 $3,777 $52,370 $22,430 $29,940
2018 $2,937 $37,960 $20,970 $16,990
2017 $2,928 $37,960 $20,970 $16,990
2016 $3,040 $37,280 $23,187 $14,093
2015 $2,913 $37,280 $23,187 $14,093
2014 $2,556 $30,770 $13,062 $17,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7401535

REcolorado®

APN: 5031-12-006