NOT LISTED FOR SALE

Estimated Value: $534,000 - $587,000

0.14 Acre
$3,943,014 Price per Acre
6,244 Sq Ft Lot

Last Sold February 14, 2025

Last sale price $530,000

Est. 4% increase in value since last sale

Current estimated payment $3,994/month

242 Days on Market

About This Lot

As of February 2025

This rare historic duplex lot in the heart of West Colfax has already been approved by Landmark and is currently in review for a building permit. Both sides of this duplex boast 5 beds and 4 baths with oversized 2 car garages and roof decks. 1446 is penciled at 2,573 sqft while 1448 is estimated to be 2,626 sqft. Full structural, architectural, plumbing, mechanical plans available along with soils, survey, Landmark certificate of appropriateness and a landmark AA letter increasing the height/bulk plane for this project to 36'-6".

This project is priced based on where we are in the permitting process. This is a fantastic development opportunity just a few blocks off of Sloan's Lake with walk ability to Alamo Draft House and Regatta Square.

Last Agent to Sell the Property

Shane Lewis

Khaya Real Estate LLC Brokerage Email: shane@modusrealestate.com,303-506-3338 License #100099506 Listed on: 05/21/2024

Last Buyer's Agent

Jacob Meyers

Success Realty Experts, LLC License #100083166

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,031

Lot Details

  • 6,244 Sq Ft Lot
  • Development of the land is complete
  • Property is zoned U-RH-2.5

Community Details

  • No Home Owners Association
  • West Colfax Subdivision

Listing and Financial Details

  • Exclusions: All seller's personal property
  • Property held in a trust
  • Assessor Parcel Number 05061-07-040-000

Property Details

Property Type

Land

Est. Annual Taxes

$11,031

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: All seller's personal property
  • Directions: GPS
  • SubdivisionName: West Colfax
  • Ownership: Corporation/Trust
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.96364
  • Attribution Contact: shane@modusrealestate.com,303-506-3338
  • Special Features: None

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Lot Info

  • Parcel Number: 05061-07-040-000
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6244
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Feb 14, 2025
Sold by
1446 & 1448 N Stuart St Development Llc
Bought by
Dulin Construction Llc
Seller's Agent
Shane Lewis
Khaya Real Estate LLC
Buyer's Agent
Jacob Meyers
Success Realty Experts, LLC
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
748
Current Estimated Value
$552,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,022
Avg. Annual Appreciation
11.76%
Original Mortgage
$1,368,202
Outstanding Balance
$1,146,683
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
-$595,652

Purchase Details

Listed on
May 21, 2024
Closed on
Feb 13, 2025
Sold by
Mkr Properties Llc
Bought by
1446 & 1448 N Stuart St Development Llc
Seller's Agent
Shane Lewis
Khaya Real Estate LLC
Buyer's Agent
Jacob Meyers
Success Realty Experts, LLC
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Views
748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,202
Outstanding Balance
$1,146,683
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
-$595,652
Source: Public Records

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Range of Values:

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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
Dulin Construction Llc $530,000 Exact Title
1446 & 1448 N Stuart St Development Llc -- Exact Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dulin Construction Llc $1,368,202
Closed 1446 & 1448 N Stuart St Development Llc $1,368,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $530,000 -3.6% --
05/21/2024 05/21/24 For Sale $550,000 -- --
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 $11,031 $139,280 $139,280 --
2023 $10,792 $139,280 $139,280 --
2022 $8,376 $104,280 $103,990 $290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9821519

REcolorado®

APN: 5061-07-040