NOT LISTED FOR SALE

Estimated Value: $873,000 - $1,234,872

7 Beds
4 Baths
3,572 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $1,034,103 $290 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,834/month

Highlights

  • American Four Square Architecture
  • Forced Air Heating System
  • Level Lot
  • Morey Middle School Rated A-
  • Laundry Facilities

About This Home

As of December 2022

Beautifully maintained 4-Unit apartment building conveniently located in Central Denver, with a desirable mix of (2)
1Br/1Ba, (1) 2Br/1Ba, and (1) Studio units. Amenities include a private parking lot, community back yard with pergola,
and shared laundry room. This property is located close to Cheeseman Park, Congress Park, and City Park, as well as
minutes away from both Downtown Denver

Last Agent to Sell the Property

Sam Bretz

Capstone Apartment Partners, LLC License #100081587 Listed on: 09/09/2022

Co-Listed By

Kyle Malnati

Kentwood Real Estate DTC, LLC License #40042617

Last Buyer's Agent

John Galloway

Toprock Real Estate LLC License #100083960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • American Four Square Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,572 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • Paved Parking

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • Laundry Facilities
  • Operating Expense $19,600

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Assessor Parcel Number 5022-15-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1903 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Denver Square
  • Structure Type: Quadruplex
  • Levels: Three Or More
  • Above Grade Price per Sq Ft: 289.50
  • Finished Price per Sq Ft: 289.50
  • Total Price per Sq Ft: 289.50
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 3572.00
  • Actual Annual Net Income: 49367.00
  • Cap Rate Calculation: $49,367 / $1,050,000 = 4.70%
  • Exclusions: Tenant's personal property
  • Living Area: 3572.00
  • Offstreet Spaces: 4
  • P P A: 9400936.36
  • Projected Annual Expense: 19632.00
  • Projected Annual Net Income: 59064.00
  • Projected Gross Income: 76800.00
  • Property Condition: Updated/Remodeled
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Parking Features: Concrete
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area

Fee Information

  • Operating Expense: 19600.00

Schools

  • School District: Denver 1
  • Elementary School: Dora Moore
  • Middle School: Morey
  • High School: East
  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5022-15-004
  • Lot Size Acres: 0.11
  • Building Area Total: 3572.00
  • Lot Features: Level
  • Lot Size Sq Ft: 4791.60

Multi Family

  • Unit Count: 3

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4696.00

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Dec 15, 2022
Sold by
Moonlight Properties Group Llc
Bought by
Bjorn Living Trust
Seller's Agent
Sam Bretz
Capstone Apartment Partners, LLC
Buyer's Agent
John Galloway
Toprock Real Estate LLC
List Price
$1,100,000
Sold Price
$1,034,103
Premium/Discount to List
-$65,897
-5.99%
Current Estimated Value
$1,024,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,885
Avg. Annual Appreciation
-1.18%
Original Mortgage
$155,000
Outstanding Balance
$151,205
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$849,372

Purchase Details

Closed on
Aug 12, 2020
Sold by
Tawresey Steven and Tawresey Laurel A
Bought by
Moonlight Properties Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,307,800
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2015
Sold by
Tawresey Steven
Bought by
Tawresey Steven and Tawresey Laurel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Aurora Loan Services Llc
Bought by
Tawresey Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,206
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2008
Sold by
Vandyk David and Van Dyk Sandra
Bought by
Aurora Loan Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,206
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2007
Sold by
D Street Trust
Bought by
Vandyk David and Van Dyk Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
D Street Trust
Bought by
Genet Daniel M and Genet Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,700
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 19, 2005
Sold by
Visionary Properties Llc
Bought by
D Street Trust

Purchase Details

Closed on
Jan 13, 2004
Sold by
Genet Sherry L and Genet Daniel M
Bought by
Visionary Properties Llc

Purchase Details

Closed on
Jan 13, 2003
Sold by
Visionary Properties Llc
Bought by
Genet Sherry L and Genet Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2002
Sold by
Genet Daniel and Genet Sherry
Bought by
Visionary Properties Llc

Purchase Details

Closed on
Aug 15, 2001
Sold by
Visionary Properties Llc
Bought by
Genet Daniel and Genet Sherry L

Purchase Details

Closed on
Dec 30, 1999
Sold by
Genet Sherry L
Bought by
Visionary Properties Llc

Purchase Details

Closed on
Jun 27, 1997
Sold by
Cook John E
Bought by
Genet Sherry L and Genet Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,248
Interest Rate
7.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 3, 1996
Sold by
Cook James J
Bought by
Cook John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.53%

Purchase Details

Closed on
Mar 13, 1995
Sold by
Ollski Construction & Investment Inc
Bought by
Cook John E and Cook James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
8.66%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Brzezinski Stella
Bought by
Ollski Construction & Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
8.66%
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
Bjorn Living Trust $1,034,102 Land Title
Moonlight Properties Group Llc -- First American Title Ins
Tawresey Steven -- Colorado Escrow Title
Tawresey Steven $375,000 Chicago Title Co
Aurora Loan Services Llc -- None Available
Vandyk David $480,000 Quantum Title
Genet Daniel M -- --
D Street Trust -- --
Visionary Properties Llc -- --
Genet Sherry L -- --
Genet Sherry L -- --
Visionary Properties Llc -- --
Genet Daniel -- --
Visionary Properties Llc -- --
Genet Sherry L $165,000 North American Title
Cook John E -- --
Cook John E $127,000 --
Ollski Construction & Investment Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjorn Living Trust $155,000
Previous Owner Moonlight Properties Group Llc $1,307,800
Previous Owner Tawresey Steven $420,000
Previous Owner Tawresey Steven $369,206
Previous Owner Vandyk David $480,000
Previous Owner Genet Daniel M $306,150
Previous Owner Genet Sherry L $296,000
Previous Owner Genet Sherry L $161,248
Previous Owner Cook John E $112,000
Previous Owner Cook John E $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $1,100,000 +6.4% $308 / Sq Ft
12/22/2022 12/22/22 Sold $1,034,103 -- $290 / 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 $4,843 $61,150 $15,030 $46,120
2023 $4,738 $61,150 $15,030 $46,120
2022 $4,760 $59,860 $19,000 $40,860
2021 $4,696 $62,940 $19,980 $42,960
2020 $4,385 $59,100 $16,650 $42,450
2019 $4,262 $59,100 $16,650 $42,450
2018 $3,516 $45,450 $15,080 $30,370
2017 $3,506 $45,450 $15,080 $30,370
2016 $2,763 $33,880 $14,822 $19,058
2015 $2,647 $33,880 $14,822 $19,058
2014 $2,354 $28,340 $13,755 $14,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9599725

REcolorado®

APN: 5022-15-004