NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $2,303,364

-- Bed
-- Bath
4,288 Sq Ft
$349/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $995,000 $232 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,088/month

44 Days on Market

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • No HOA
  • Morey Middle School Rated A-
  • Victorian Architecture
  • Balcony

About This Home

As of June 2024

LOCATION, LOCATION, LOCATION! The Creswell Mansion is located in the epicenter of Capitol Hill Neighborhood in the heart of Denver. The zoning is C-MX-8 and currently zoned for a commercial use. The current owner is operating an event space company out of the property and will vacate upon a sale. The current zoning does allow for residential uses, however one must apply for special-use permit to convert it back to a residential use. The Mansion could have a multitude of different uses in the future including for residential or short-term rentals or more traditional office/retail users. The lot was split and there is a Green Dragon Dispensary directly behind the property that is not included in the sale. That parcel can be purchased separately. (Inquire for more details)

This eclectic sandstone house, built-in 1890 for the Joseph Creswell family, was designed by Denver architect John J. Huddart, who was considered by his contemporaries to be one of the city’s finest architects. He skillfully combined elements of Queen Anne and Romanesque Revival influences when designing the mansion. Huddart’s buildings were known for the quality of their design and construction. The mansion was named to the National Register of Historic Properties in 1977. Joseph Creswell was a wealthy Denver businessman in his time. He was interested primarily in different types of building materials, which can be evidenced in the mansion.

NO SHOWINGTIME. Questions or to schedule a showing, please contact Cory Gross at (518) 852-4137 or email cory.gross@marcusmillichap.com. Showings Monday - Friday, 10am to 4pm. No weekends. Listing agent must be present for all tours.

Last Agent to Sell the Property

Clayton Primm

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. Brokerage Email: clayton.primm@marcusmillichap.com,303-328-2075 License #100024161 Listed on: 03/12/2024

Last Buyer's Agent

Zuzana Zitna

Keller Williams Integrity Real Estate LLC License #100100671

Keller Williams Integrity Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned C-MX-8

Parking

  • 6 Parking Spaces

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Great Room with Fireplace
  • Wood Flooring
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 0503115046000

Home Details

Home Type

Single Family

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Victorian
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 4288
  • Below Grade Sq Ft: 1428
  • Exclusions: None
  • Living Area: 4288
  • Property Condition: Updated/Remodeled
  • SubdivisionName: N/A
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: clayton.primm@marcusmillichap.com,303-328-2075
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Wood
  • Fireplace Features: Great Room
  • Common Walls: No Common Walls
  • Basement: Unfinished
  • Basement: Yes

Exterior Features

  • Roof: Shingle
  • Construction Materials: Brick, Stone
  • Exterior Features: Balcony
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard

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: Morey

Lot Info

  • Parcel Number: 0503115046000
  • Lot Size Acres: 0.15
  • Building Area Total: 5716
  • Lot Size Sq Ft: 6534

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 34358

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jun 11, 2024
Sold by
1244 Grant Best Llc
Bought by
Hotchkiss Properties Ne Llc
Seller's Agent
Clayton Primm
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Buyer's Agent
Zuzana Zitna
Keller Williams Integrity Real Estate LLC
List Price
$995,000
Sold Price
$995,000
Views
44
Current Estimated Value
$1,497,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,788
Avg. Annual Appreciation
41.85%
Original Mortgage
$850,000
Outstanding Balance
$843,146
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$654,642

Purchase Details

Closed on
Sep 27, 2019
Sold by
1244 Grant Street Llc
Bought by
1244 Grant Best Llc
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
Hotchkiss Properties Ne Llc $1,000,000 Fitco
1244 Grant Best Llc $1,197,000 Unified Ttl Companyunified T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotchkiss Properties Ne Llc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $995,000 0.0% $232 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $995,000 -- $232 / 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 $35,119 $443,410 $367,050 $76,360
2023 $34,358 $443,410 $367,050 $76,360
2022 $31,055 $390,510 $390,220 $290
2021 $29,139 $390,510 $390,220 $290
2020 $22,463 $302,760 $292,670 $10,090
2019 $21,834 $302,760 $292,670 $10,090
2018 $19,836 $256,390 $97,560 $158,830
2017 $19,776 $256,390 $97,560 $158,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6631913

REcolorado®

APN: 5031-15-046