NOT LISTED FOR SALE

Estimated Value: $832,508

5 Beds
2 Baths
2,774 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $839,000 $302 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,728/month

8 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Level Lot
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of June 2024

This move-in ready, duel income, gem is just waiting for you to make it your own! Perfect for a new homebuyer that would like to earn revenue from their primary residence or seasoned investor looking for a turn key rental with a lock off basement unit. Airdna numbers currently projected at ~$4,100 for the main floor and ~$3,600 for the basement unit. Improvements to the property include an all new roof, electrical, plumbing, windows, doors, AC, furnace, tile, counters, cabinets, and much more. New sound dampening insulation has been added between the floors to improve the livability of the space while generating rental income from multiple units. The fully updated, spacious floor plan makes the entertaining areas feel larger with high ceilings and high-end finishes. The fully-equipped kitchen is lined with pristine new white shaker cabinets, soft close doors and drawers, huge south facing windows, gorgeous quartz counters, decorative backsplash, and stainless steel appliances to create the ultimate space for a home chef to flex their skills. The generously-sized bedrooms are flooded with natural light and allow access to the tranquil spa-like bathroom with wall-to-wall custom tiling. Each unit includes laundry hook ups. Fully permitted 1,387 square feet Lock-off basement allowing for dual income cash-flowing rental. This two bed one bath with an office addition includes separate laundry, kitchen, living room with its own exterior entrance.The walk ability of this property is truly amazing. With establishments like Alamo Draft house, Starbucks, Odell's Brewing, The Patio at Sloan's Lake, Sloan's Lake Tap and Burger plus showing, gyms and much more all within a 10 minute walk! On top of that, this beautiful home is located just steps away from Lakewood Gulch green space which includes maintained walking and biking paths, three parks, breweries, and wide open spaces with scenic city views along the entire path and with the Perry light rail stop just a few blocks away.

Last Agent to Sell the Property

Shane Lewis

Khaya Real Estate LLC Brokerage Email: shane@modusrealestate.com,303-506-3338 License #100099506 Listed on: 05/02/2024

Last Buyer's Agent

Michael Sandoval

Compass - Denver License #40018895

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 1928

Lot Details

  • 3,413 Sq Ft Lot
  • Level Lot
  • Property is zoned U-RH-2.5

Parking

  • 3 Parking Spaces

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • West Colfax Subdivision

Listing and Financial Details

  • Exclusions: All staging a seller's personal property
  • Property held in a trust
  • Assessor Parcel Number 5061-04-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,727

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Structure Type: House
  • Levels: One
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 1387
  • Exclusions: All staging a seller's personal property
  • Living Area: 2774
  • Directions: GPS
  • SubdivisionName: West Colfax
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: shane@modusrealestate.com,303-506-3338
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Common Walls: No Common Walls
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1387
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air

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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Lake

Lot Info

  • Parcel Number: 5061-04-011
  • Lot Size Acres: 0.08
  • Building Area Total: 2774
  • Lot Features: Level
  • Lot Size Sq Ft: 3413
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2727

MLS Schools

  • Elementary School: Colfax
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 7, 2024
Sold by
Parallax Rei Llc
Bought by
Luepke Adam J
Seller's Agent
Shane Lewis
Khaya Real Estate LLC
Buyer's Agent
Michael Sandoval
Compass - Denver
List Price
$839,000
Sold Price
$839,000
Views
34
Current Estimated Value
$832,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,492
Original Mortgage
$755,100
Outstanding Balance
$747,112
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 14, 2023
Sold by
Gilroy Lawrence B
Bought by
Parallax Rei Llc
Seller's Agent
Victor Castillo
Megastar Realty
Buyer's Agent
Ciaran O'Brien
MODUS Real Estate
List Price
$649,900
Sold Price
$695,000
Premium/Discount to List
$45,100
6.94%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$690,200
Interest Rate
6.48%
Mortgage Type
New Conventional
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
Luepke Adam J $839,000 First American Title
Parallax Rei Llc $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luepke Adam J $755,100
Previous Owner Parallax Rei Llc $175,000
Previous Owner Parallax Rei Llc $690,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $839,000 0.0% $302 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $839,000 +20.7% $302 / Sq Ft
02/14/2023 02/14/23 Sold $695,000 +6.9% $295 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $649,900 -- $276 / 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
2023 $2,727 -- -- --
2022 $2,727 $34,290 $26,330 $7,960
2021 $2,632 $35,270 $27,080 $8,190
2020 $2,571 $34,650 $23,220 $11,430
2019 $2,499 $34,650 $23,220 $11,430
2018 $2,063 $26,660 $15,590 $11,070
2017 $2,056 $26,660 $15,590 $11,070
2016 $1,514 $18,570 $3,447 $15,123
2015 $1,451 $18,570 $3,447 $15,123
2014 $1,179 $14,190 $2,157 $12,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7809474

REcolorado®

APN: 5061-04-011