
Seller's Agent in 2023
Conner Piretti
NorthPeak Commercial Advisors, LLC
(720) 738-1944
6 in this area
41 Total Sales
Estimated Value: $896,000 - $1,225,000
1330 Downing St. is a stunning 4-unit converted mansion in Denver’s highly coveted Capitol Hill neighborhood. The building exterior boasts a rare facade built from rhyolite stone locally sourced in Castle Rock, CO. The interior is equally impressive with spacious layouts, 10+ foot ceilings and large windows that flood the apartments with natural light.
The property presents plenty of value-add opportunity as the owner currently occupies the 2br/1ba unit and is receiving well below market rent for the other three units. Another unit is also on a month to month leases which will allow the new owner to immediately
increase rents or begin renovations.
An investor can cashflow a well-kept building in an A+ location or make cosmetic updates to the units and increase rents considerably. Common area laundry in the basement, a communal backyard and 3 off-street parking spaces round out this
investment opportunity.
Last Agent to Sell the Property
NorthPeak Commercial Advisors, LLC License #100022346 Listed on: 04/03/2023
Last Buyer's Agent
NorthPeak Commercial Advisors, LLC License #100022346 Listed on: 04/03/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Obert Paul K | $890,000 | None Listed On Document | |
Allan J Dorn Revocable Living Trust | -- | Land Title | |
Allan Dorn Revocable Living Trust | $800,000 | First American Title | |
Allan J Dorn Revocable Living Trust | -- | None Available | |
Dorn Allan J | $230,000 | Heritage Title | |
Hansen James | $110,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Obert Paul K | $552,000 | |
Previous Owner | Dorn Allan J | $184,000 | |
Previous Owner | Hansen James | $109,489 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/25/2023 08/25/23 | Sold | $890,000 | -10.6% | $342 / Sq Ft |
06/26/2023 06/26/23 | Pending | -- | -- | -- |
06/09/2023 06/09/23 | For Sale | $995,000 | 0.0% | $382 / Sq Ft |
05/19/2023 05/19/23 | Pending | -- | -- | -- |
05/10/2023 05/10/23 | Price Changed | $995,000 | -9.5% | $382 / Sq Ft |
04/03/2023 04/03/23 | For Sale | $1,100,000 | -- | $422 / Sq Ft |
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 | $4,704 | $59,390 | $11,580 | $47,810 |
2023 | $4,602 | $59,390 | $11,580 | $47,810 |
2022 | $4,238 | $53,290 | $15,490 | $37,800 |
2021 | $4,182 | $56,040 | $16,290 | $39,750 |
2020 | $4,247 | $57,240 | $13,570 | $43,670 |
2019 | $4,128 | $57,240 | $13,570 | $43,670 |
2018 | $3,256 | $42,090 | $12,310 | $29,780 |
2017 | $3,247 | $42,090 | $12,310 | $29,780 |
2016 | $2,962 | $36,320 | $12,091 | $24,229 |
2015 | $2,838 | $36,320 | $12,091 | $24,229 |
2014 | $2,517 | $30,310 | $10,619 | $19,691 |
Seller's Agent in 2023
Conner Piretti
NorthPeak Commercial Advisors, LLC
(720) 738-1944
6 in this area
41 Total Sales
Source: REcolorado®
MLS Number: 6581479
APN: 5022-15-007