$905,000
SOLD AUG 15, 2024
4 Beds
4.5 Baths
5,289 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

14% Below List Price

40 Days on Market

Highlights

  • American Four Square Architecture
  • No HOA
  • Forced Air Heating System
  • Morey Middle School Rated A-
  • Built-In Features
  • Concrete Flooring

About This Home

As of January 2025

House hackers and Investors we have the place for you. This home is split into a duplex. Both units are currently 2 bedrooms. A third bedroom could easily be added to each unit. It is zoned G-MU-3. This allows for an ADU with 2 more units over the garage in the backyard! With four units rental income is projected at over $13,000 a month. The home is full of unique finishes and charm.

There is so much upside here in the short term and over the next few years. Colfax is going through a huge redevelopment. This will make this home's value skyrocket. For more information:

https://denverite.com/2023/12/11/parts-of-colfax-will-become-more-pedestrian-friendly-after-council-passes-rezoning-project/

Last Agent to Sell the Property

Will Story

LPT Realty Brokerage Email: Will@Livian.com,720-975-7227 Listed on: 06/08/2024

LPT Realty

Last Buyer's Agent

Denise Cruz

The Old Country Real Estate Group LLC License #100028141

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,969

Year Built

  • Built in 1904

Lot Details

  • 6,250 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned G-MU-3

Parking

  • 4 Car Garage

Home Design

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

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Concrete Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Wymans Add Subdivision

Listing and Financial Details

  • Exclusions: Seller`s Personal Property
  • Assessor Parcel Number 5021-05-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,969

Year Built

Built in 1904

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Denver Square
  • Structure Type: Duplex
  • Levels: Three Or More
  • Year Built: 1904
  • Above Grade Finished Sq Ft: 3937
  • Exclusions: Seller`s Personal Property
  • Living Area: 5289
  • SubdivisionName: Wymans Add
  • Co List Office Mls Id: RECKWR80
  • Co List Office Phone: 303-452-3300
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 4
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.86190
  • Attribution Contact: Will@Livian.com,720-975-7227
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Interior Amenities: Built-in Features, Laminate Counters
  • Flooring: Concrete
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1352
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Garage Spaces: 4
  • Total Parking Spaces: 5
  • REC_ParkingCount: 3

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

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: Morey

Lot Info

  • Parcel Number: 5021-05-020
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 5289
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5969

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 13, 2025
Sold by
Henderson Construction Llc
Bought by
Klein Brady and Wright Megan
Seller's Agent
Denise Cruz
The Old Country Real Estate Group LLC
Buyer's Agent
Paul Witmer
Compass - Denver
List Price
$725,000
Sold Price
$725,000
Views
24
Current Estimated Value
$1,171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,000
Avg. Annual Appreciation
181.99%
Original Mortgage
$580,000
Outstanding Balance
$578,511
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$690,489

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 15, 2024
Sold by
Altman And Williams Trust
Bought by
Henderson Construction Llc
Seller's Agent
Will Story
LPT Realty
Buyer's Agent
Denise Cruz
The Old Country Real Estate Group LLC
List Price
$1,050,000
Sold Price
$905,000
Premium/Discount to List
-$145,000
-13.81%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.02%
Original Mortgage
$1,039,500
Interest Rate
1%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 25, 2022
Sold by
Williams Bill R
Bought by
Altman And Williams Trust
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 Type Sale Price Title Company
Special Warranty Deed $725,000 Stewart Title
Special Warranty Deed $725,000 Stewart Title
Warranty Deed $905,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Closed $580,000 New Conventional
Previous Owner $1,039,500 Construction
Previous Owner $65,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $725,000 0.0% $274 / Sq Ft
12/05/2024 12/05/24 For Sale $725,000 -19.9% $274 / Sq Ft
08/15/2024 08/15/24 Sold $905,000 -4.7% $171 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $950,000 -9.5% $180 / Sq Ft
06/08/2024 06/08/24 For Sale $1,050,000 -- $199 / 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 $5,969 $77,030 $28,070 $48,960
2022 $6,346 $79,800 $32,940 $46,860
2021 $6,125 $82,090 $33,880 $48,210
2020 $5,522 $74,420 $29,890 $44,530
2019 $5,367 $74,420 $29,890 $44,530
2018 $4,652 $60,130 $28,100 $32,030
2017 $4,638 $60,130 $28,100 $32,030
2016 $4,016 $49,250 $24,405 $24,845
2015 $3,848 $49,250 $24,405 $24,845
2014 $3,298 $39,710 $17,416 $22,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8110793

REcolorado®

APN: 5021-05-020