NOT LISTED FOR SALE

Estimated Value: $588,000 - $727,000

0.15 Acre
$4,461,553 Price per Acre
6,750 Sq Ft Lot

Last Sold June 24, 2021

Last sale price $656,100 $377 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,971/month

1 Day on Market

Highlights

  • City View
  • 4-minute walk to Perry
  • Level Lot
  • No HOA
  • Development of the land is complete

About This Lot

As of June 2021

More than a double lot with 54-foot width and a total of 6,750 square feet. Its zoned G-MU-3, so many possibilities for redevelopment (see five-plex going-up next door on smaller lot). From this location perched atop the hill you’ll likely get great City & Mountain views from a second and/or third-floor. The 1200 blocks have the best zoning and this is one of the absolute strongest 1200-blocks in West Colfax, skipping distance to the Perry W-Line light rail station, to the wildly-popular St Anthony’s Redevelopment Site, to Sloan’s Lake and much more. Unlike some, this block has ample street parking and a nice look & feel. There was once a 1905 house here that had seven additions added to it. The original house was structurally a mess so all but the rear-most addition (thought to be built in the 1990s) was scraped about 12 years ago – so it should be clean. This home is occupied – PLEASE do not disturb the tenants.

Last Listed By

Steven Kinney

RE/MAX Professionals License #040026535 Listed on: 06/18/2021

RE/MAX Professionals

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,308

Year Built

  • 1905

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 54 x 125
  • Level Lot
  • Development of the land is complete
  • Property is zoned G-MU-3

Property Views

  • City
  • Mountain

Utilities

  • 220 Volts
  • Phone Available

Community Details

  • No Home Owners Association
  • West Colfax / South Sloans Lake Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Assessor Parcel Number 5061-24-016

Property Details

Property Type

Land

Est. Annual Taxes

$2,308

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: Tenants personal property.
  • SubdivisionName: West Colfax / South Sloans Lake
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.97200
  • Special Features: VirtualTour
  • Year Built: 1905

Exterior Features

  • View: City, Mountain(s)
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, 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

  • Lot Size: 54 x 125
  • Parcel Number: 5061-24-016
  • Lot Size Acres: 0.15
  • Lot Features: Level
  • Lot Size Sq Ft: 6750
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Ma Ke Investments Llc
Bought by
1259 Stuart St Llc
Total Days on Market
1
Current Estimated Value
$669,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,988,000
Outstanding Balance
$1,876,338
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
-$1,207,105

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 12, 2021
Sold by
Kent Peter Frederick and Kent Siduo Dorothy
Bought by
Ma Ke Investments Llc
Seller's Agent
Steven Kinney
RE/MAX Professionals
Buyer's Agent
Siduo Ma
Brokers Guild Homes
List Price
$675,000
Sold Price
$656,100
Premium/Discount to List
-$18,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.51%
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jun 24, 2021
Sold by
Kinney Steven
Bought by
Kent Peter Frederick and Kent Siduo Dorothy
Seller's Agent
Steven Kinney
RE/MAX Professionals
Buyer's Agent
Siduo Ma
Brokers Guild Homes
List Price
$675,000
Sold Price
$656,100
Premium/Discount to List
-$18,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Kinney Steven

Purchase Details

Closed on
Nov 1, 2007
Sold by
Montoya Frank Max and Montoya Florencio P
Bought by
Deutsche Bank National Trust Co and Ameriquest Mortgage Securities Inc Asset

Purchase Details

Closed on
Sep 13, 2001
Sold by
Montoya Frank Max
Bought by
Montoya Frank Max and Montoya Florencio F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
10.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 1994
Sold by
Romero James David and Romero Pauline I
Bought by
Montoya Frank Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,266
Interest Rate
8.66%
Mortgage Type
Assumption

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
1259 Stuart St Llc -- None Listed On Document
Ma Ke Investments Llc -- Land Title Guarantee Company
Kent Peter Frederick $656,100 Ascendant Title Company
Kinney Steven $58,000 None Available
Deutsche Bank National Trust Co -- None Available
Montoya Frank Max -- --
Montoya Frank Max $48,300 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1259 Stuart St Llc $1,988,000
Previous Owner Ma Ke Investments Llc $380,000
Previous Owner Kinney Steven $212,000
Previous Owner Montoya Frank Max $238,500
Previous Owner Montoya Frank Max $212,500
Previous Owner Montoya Frank Max $127,500
Previous Owner Montoya Frank Max $89,320
Previous Owner Montoya Frank Max $73,600
Previous Owner Montoya Frank Max $57,400
Previous Owner Montoya Frank Max $4,906
Previous Owner Montoya Frank Max $49,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Sold $656,100 -2.8% $377 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $675,000 -- $388 / 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 $2,698 $34,060 $33,990 $70
2023 $2,639 $34,060 $33,990 $70
2022 $2,473 $31,100 $31,030 $70
2021 $2,387 $31,990 $31,920 $70
2020 $2,374 $32,000 $31,930 $70
2019 $2,308 $32,000 $31,930 $70
2018 $1,498 $19,360 $19,290 $70
2017 $1,493 $19,360 $19,290 $70
2016 $877 $10,750 $10,666 $84
2015 $840 $10,750 $10,666 $84
2014 $567 $6,830 $2,372 $4,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9504727

REcolorado®

APN: 5061-24-016