NOT LISTED FOR SALE

Estimated Value: $590,000 - $642,000

3 Beds
1 Bath
986 Sq Ft
$615/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $680,000 $690 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,391/month

3 Days on Market

Highlights

  • Private Yard
  • Front Porch
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • East Facing Home

About This Home

As of March 2023

A developer opportunity with the ideal zoning of G-RH-3 & lot size 7810. This ranch home has three bedrooms, one bathroom, 2 car detached garage located in the West Colfax Neighborhood. This home has great fix-up potential or as a scrape. Lots of new duplexes, condos & townhomes in the area. Potential income of $35-$37k per year as an executive rental (30+ days). Awesome location, close to Sloan Lake, restaurants, and the Alamo Draft House. The Light Rail is close by at 12th & Perry. A few blocks away from Dry Gulch Park.

Last Agent to Sell the Property

Monica Cespedes

Keller Williams Realty Downtown LLC License #40017995 Listed on: 02/10/2023

Keller Williams Realty Downtown LLC

Last Buyer's Agent

Stultz Homes Team

Khaya Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,655

Year Built

  • Built in 1946

Lot Details

  • 7,810 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Property is zoned G-RH-3

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 986 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • West Colfax Subdivision

Listing and Financial Details

  • Exclusions: Sellers Personal Property & freezer in garage.
  • Assessor Parcel Number 5062-10-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,655

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1946
  • Above Grade Finished Sq Ft: 986
  • Exclusions: Sellers Personal Property & freezer in garage.
  • Living Area: 986
  • SubdivisionName: West Colfax
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-02-17
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

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: Strive Lake

Lot Info

  • Parcel Number: 5062-10-019
  • Lot Size Acres: 0.18
  • Fencing: Partial
  • Building Area Total: 986
  • Lot Features: Level
  • Lot Size Sq Ft: 7810
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2655

MLS Schools

  • Elementary School: Colfax
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 27, 2023
Sold by
Martinez Irmalinda
Bought by
Renoventure Investments Llc
Seller's Agent
Monica Cespedes
Keller Williams Realty Downtown LLC
Buyer's Agent
Stultz Homes Team
Khaya Real Estate LLC
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Views
11
Current Estimated Value
$606,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,954
Avg. Annual Appreciation
-4.03%
Original Mortgage
$499,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2018
Sold by
Martinez Irmalinda
Bought by
Martinez Irmalinda and Martinez Shane Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2008
Sold by
Martinez Shane R and Martinez Irmalinda
Bought by
Martinez Irmalinda

Purchase Details

Closed on
Jan 5, 2007
Sold by
Mauleon Patricia
Bought by
Martinez Shane R and Martinez Irmalinda

Purchase Details

Closed on
Dec 20, 2005
Sold by
Martinez Delma M
Bought by
Mauleon Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 28, 2001
Sold by
Martinez Delma M and Martinez Jesse L
Bought by
Martinez Delma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.59%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Koltay Roger
Bought by
Martinez Jesse L and Martinez Delma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
9.25%

Purchase Details

Closed on
Mar 11, 1997
Sold by
Harold Shatsoff
Bought by
Koltay Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
10.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Renoventure Investments Llc $680,000 --
Martinez Irmalinda -- First American Title
Martinez Irmalinda $2,000 None Available
Martinez Shane R $2,000 None Available
Mauleon Patricia $175,000 Title Guaranty Agency Of Co
Martinez Delma M -- Title America
Martinez Jesse L $113,500 --
Koltay Roger $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Renoventure Investments Llc $499,000
Previous Owner Martinez Irmalinda $133,700
Previous Owner Mauleon Patricia $140,000
Previous Owner Martinez Delma M $148,000
Previous Owner Martinez Jesse L $90,800
Previous Owner Koltay Roger $55,100
Closed Martinez Jesse L $22,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Sold $680,000 +0.7% $690 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $675,000 -- $685 / 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 $3,032 $38,280 $38,210 $70
2023 $2,966 $38,280 $38,210 $70
2022 $2,750 $34,580 $34,510 $70
2021 $2,655 $35,580 $35,510 $70
2020 $2,640 $35,580 $35,510 $70
2019 $2,566 $35,580 $35,510 $70
2018 $1,812 $23,420 $18,540 $4,880
2017 $1,806 $23,420 $18,540 $4,880
2016 $1,385 $16,980 $4,688 $12,292
2015 $1,327 $16,980 $4,688 $12,292
2014 $954 $11,490 $3,510 $7,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7018973

REcolorado®

APN: 5062-10-019