NOT LISTED FOR SALE

Estimated Value: $622,099 - $718,000

6 Beds
4 Baths
1,864 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $500,000 $268 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,417/month

166 Days on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Sheridan
  • Private Yard
  • Traditional Architecture
  • Wood Flooring
  • No HOA

About This Home

As of August 2020

Great Lot with over/under duplex! Potential scrape and build option! The zoning here is G-MU-5 which allows for duplex, town homes, row homes and apartment type buildings up to 5 stories high! Great potential as an income property with some significant updates. Currently each unit is renting for $1,500 a month. Each unit has 3 bedrooms and 1 bathroom, Living Room, and large eat-in Kitchen. Upper unit has hardwood flooring, and lower has tile/laminate mix. Best of all is the location—3 blocks to Light Rail (Downtown Denver, DIA, Union Station, and DTC), Near Sloan’s Lake and Park, Sloan’s Tap & Grill, Breweries, Little Man Ice Man, and more! BOTH 1260 and 1262 Xavier included in this transaction. Just minutes to Downtown Denver, 6th Ave, Highlands, RiNo, I-25, and convenient access to the Mountains! Call now to schedule your showing!

Last Agent to Sell the Property

Joshua Hunt

TRELORA Colorado Listed on: 01/03/2020

Co-Listed By

Kurtis Arnold

Trelora Realty, Inc. License #100075665

Last Buyer's Agent

Matthew Sanchez

Market Place Realty License #40009779

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1936

Lot Details

  • 7,375 Sq Ft Lot
  • Private Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,864 Sq Ft Home
  • Multi-Level Property
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Lighted Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Colfax Elementary School
  • Strive Lake Middle School
  • North High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • West Colfax Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5062-00-190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,305

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: Multi/Split
  • Year Built: 1936
  • Above Grade Finished Sq Ft: 1864
  • Exclusions: personal property
  • Living Area: 1864
  • SubdivisionName: West Colfax
  • Co List Office Mls Id: RECJTR01
  • Co List Office Phone: 303-900-1377
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.89286
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Wood
  • Basement: None
  • Basement: No
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Other
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Lighted, Off Street
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available
  • Cooling: None
  • Heating: Baseboard, Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Schools

  • Middle Or Junior School: Strive Lake

Lot Info

  • Parcel Number: 5062-00-190
  • Lot Size Acres: 0.17
  • Building Area Total: 1864
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7375

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2305

MLS Schools

  • Elementary School: Colfax
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Aug 12, 2020
Sold by
Morgan Michael J and Zeballos Javier Malaga
Bought by
Xavier Townhomes Llc
Seller's Agent
Joshua Hunt
TRELORA Colorado
Buyer's Agent
Matthew Sanchez
Market Place Realty
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%
Total Days on Market
166
Current Estimated Value
$670,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,050
Avg. Annual Appreciation
6.26%
Original Mortgage
$350,000
Outstanding Balance
$257,433
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$412,617

Purchase Details

Closed on
Jun 19, 2013
Sold by
Wilson James and Wilson Kristen
Bought by
Zeballos Javier Malaga and Morgan Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Yokomichi Todd and Yokomichi Erin
Bought by
Wilson James and Wilson Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Troy Brasch Llc
Bought by
Yokomichi Todd and Yokomichi Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2008
Sold by
Greenpoint Mortgage Funding Inc
Bought by
Troy Brasch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Bonilla Baltazar
Bought by
Greenpoint Mortgage Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Spanos John and Spanos Stamatia
Bought by
Bonilla Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Xavier Townhomes Llc $500,000 None Available
Zeballos Javier Malaga $229,000 Land Title Guarantee Company
Wilson James $178,000 Progressive Title Company
Yokomichi Todd $200,000 Fahtco
Troy Brasch Llc $96,500 None Available
Greenpoint Mortgage Funding Inc -- None Available
Bonilla Baltazar $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xavier Townhomes Llc $350,000
Previous Owner Zeballos Javier Malaga $171,750
Previous Owner Wilson James $133,500
Previous Owner Yokomichi Todd $160,000
Previous Owner Troy Brasch Llc $133,000
Previous Owner Bonilla Baltazar $216,000
Previous Owner Bonilla Baltazar $161,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $500,000 -7.4% $268 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $540,000 0.0% $290 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $540,000 0.0% $290 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
04/07/2020 04/07/20 Price Changed $540,000 0.0% $290 / Sq Ft
04/07/2020 04/07/20 For Sale $540,000 +8.0% $290 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
02/18/2020 02/18/20 Off Market $500,000 -- --
02/18/2020 02/18/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $560,000 -- $300 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1672624

REcolorado®

APN: 05062-00-190-000