NOT LISTED FOR SALE

Estimated Value: $699,000 - $827,521

6 Beds
2 Baths
2,718 Sq Ft
$284/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $790,000 $291 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,522/month

4 Days on Market

Highlights

  • Senior Community
  • Private Yard
  • Front Porch
  • Wood Flooring
  • No HOA
  • Oversized Parking

About This Home

As of June 2024

Welcome to 1403 Meade St, a beautiful brick bungalow that is also a two unit duplex. Nestled in the heart of Denver’s popular West Colfax neighborhood just 4 blocks south of Sloans Lake and 4 blocks north of Lakewood Gulch and light rail train line. This extraordinary property presents a golden opportunity for savvy investors seeking a duplex in one of the nation's hottest real estate markets. 2 fully equipped 3 bed/1 bath units for the price of one! Both recently renovated. This duplex house hack comes with tenants in place in the garden level unit $1900 a month/$22800 a year! This charming 6-bedroom, 2-bathroom home exudes timeless elegance and character from the Craftsman Era. The classic brick facade is a testament to its enduring quality and the rich history of the neighborhood. The main level is spacious and bright with original fireplace, built-ins, large kitchen, high ceilings, original wood trims and oak hardwood floors. The garden level unit is a mirror of upstairs but also includes a laundry room and large utility/storage closet. Both units come with all kitchen appliances, and newer washer/dryer. This south facing corner lot has multiple patio areas, all sorts of nooks for gardening, and a covered front porch. The whole property is soaked in year-round all day sunshine. Room for all your toys/rvs/boats with four off-street parking spaces, oversized two car garage and large storage shed/clubhouse. Exceptional investment potential starts the moment you sign on this property. Offset your mortgage from day one and start building equity or rent both units with this turnkey rental property. Don't miss out on this rare opportunity to own a multi-unit piece of Denver. Whether you're a seasoned investor or just starting your journey, this property is a must-see. Newer roof with warranty and Class 4 shingles.

Last Agent to Sell the Property

Bobby Reginelli

MODUS Real Estate Brokerage Email: BobbyILoveYourWay@gmail.com,720-636-6096 License #100082744 Listed on: 04/26/2024

MODUS Real Estate

Co-Listed By

Charles Moore

MODUS Real Estate Brokerage Email: BobbyILoveYourWay@gmail.com,720-636-6096 License #100034435

Last Buyer's Agent

Eileen McNamara

LIV Sotheby's International Realty License #100024033

LIV Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1923

Lot Details

  • 4,338 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Private Yard
  • Property is zoned G-RH-3

Parking

  • 2 Car Garage
  • Oversized Parking
  • Lighted Parking

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Living Room with Fireplace

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • 3 Bedrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Senior Community
  • No Home Owners Association
  • West Colfax Subdivision

Listing and Financial Details

  • Exclusions: Staging Furniture and Accessories, Tenant's Personal Property
  • Property held in a trust
  • Assessor Parcel Number 5061-02-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1923
  • Above Grade Finished Sq Ft: 1453
  • Exclusions: Staging Furniture and Accessories, Tenant's Personal Property
  • Living Area: 2718
  • SubdivisionName: West Colfax
  • Co List Office Mls Id: RECM2993
  • Co List Office Phone: (303) 974-4717
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 3
  • REC_BelowGradeUnfinishedArea: 67.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.98874
  • Attribution Contact: BobbyILoveYourWay@gmail.com,720-636-6096
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Laminate Counters
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Full Bathrooms: 2
  • Common Walls: 1 Common Wall
  • Basement: Exterior Entry, Finished, Full, Interior Entry
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1265
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Window Treatments

Exterior Features

  • Direction Faces: East
  • Foundation Details: Block
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Parking Features: Concrete, Lighted, Oversized
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 6
  • REC_ParkingCount: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

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: Strive Lake

Lot Info

  • Parcel Number: 5061-02-038
  • Lot Size Acres: 0.1
  • Building Area Total: 2785
  • Lot Features: Level
  • Lot Size Sq Ft: 4338
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3306

MLS Schools

  • Elementary School: Cheltenham
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 3, 2024
Sold by
1403 Meade Street Llc
Bought by
Liebbe Quinn Nelson and Nelson Liebbe Todd
Seller's Agent
Bobby Reginelli
MODUS Real Estate
Buyer's Agent
Eileen McNamara
LIV Sotheby's International Realty
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Views
61
Current Estimated Value
$770,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,370
Avg. Annual Appreciation
-2.00%
Original Mortgage
$632,000
Outstanding Balance
$625,158
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$145,472

Purchase Details

Closed on
May 1, 2013
Sold by
Roberts Jane and Roberts Dave
Bought by
1403 Meade Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2011
Sold by
Clinebell Victoria
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 21, 2007
Sold by
Clinebell Victoria
Bought by
Normandy Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2007
Sold by
Cm Yates Inc
Bought by
Clinebell Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Cm Yates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2006
Sold by
Schoning Mark
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Nov 22, 2005
Sold by
Montoya Abel M and Moreno Javier D
Bought by
Schoning Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Liebbe Quinn Nelson $790,000 Exact Title
1403 Meade Street Llc -- None Available
Roberts Dave $165,000 Assured Title
Bank Of America Na -- None Available
Normandy Holdings Llc -- None Available
Clinebell Victoria $165,000 Multiple
Cm Yates Inc $145,200 None Available
Cm Yates Inc $148,000 None Available
Deutsche Bank National Trust Co -- None Available
Schoning Mark $225,000 Title America
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liebbe Quinn Nelson $632,000
Previous Owner 1403 Meade St Llc $399,999
Previous Owner 1403 Meade Street Llc $178,250
Previous Owner 1403 Meade Street Llc $233,250
Previous Owner Roberts Dave $132,000
Previous Owner Cm Yates Inc $15,000
Previous Owner Clinebell Victoria $198,000
Previous Owner Clinebell Victoria $165,000
Previous Owner Cm Yates Inc $165,000
Previous Owner Schoning Mark $202,500
Previous Owner Schoning Mark $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $790,000 -1.1% $291 / Sq Ft
04/26/2024 04/26/24 For Sale $799,000 -- $294 / 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 $3,875 $48,930 $23,050 $25,880
2023 $3,791 $48,930 $23,050 $25,880
2022 $3,306 $41,570 $32,120 $9,450
2021 $3,191 $42,760 $33,040 $9,720
2020 $2,688 $36,230 $19,520 $16,710
2019 $2,613 $36,230 $19,520 $16,710
2018 $2,608 $33,710 $10,580 $23,130
2017 $2,600 $33,710 $10,580 $23,130
2016 $1,784 $21,880 $2,675 $19,205
2015 $1,709 $21,880 $2,675 $19,205
2014 $1,793 $21,590 $1,672 $19,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7169199

REcolorado®

APN: 5061-02-038