NOT LISTED FOR SALE

Estimated Value: $1,025,000 - $1,151,000

6 Beds
5 Baths
3,359 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,100,000 $327 Per Sq Ft

Current estimated payment $6,288/month

5 Days on Market

Highlights

  • Property is near public transit
  • Victorian Architecture
  • Floor Furnace
  • Bromwell Elementary School Rated A-
  • No HOA
  • Partially Fenced Property

About This Home

As of May 2022

In the middle of Central Denver, this 4 unit investment property is located at 1449 Josephine St. This property consists of 6 Bedrooms and 5 bathrooms in total, with a great unit mix of (2) 1BR/1BA, (1)2BR/1BA, and (1)2BR/2BA. Each unit has recently remodeled kitchen and bathrooms. Full bathrooms have a full size slipper tub and shower. Kitchens all have new stainless steel appliances, cabinets and countertops. All flooring as been replaced with carpet and vinyl tile in kitchen and bathroom. Lots of storage space! 4 dedicated offstreet parking spaces in rear of building. Laundry On-siteClose and convenient to Cheesman Park, Cherry Creek, Wash Park, Botanic Gardens, Rec Center and Downtown!

Last Agent to Sell the Property

Sam Bretz

Capstone Apartment Partners, LLC License #100081587 Listed on: 04/30/2022

Last Buyer's Agent

Jeff Hebeler

Live West Realty License #40040861

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1895 | Remodeled

Lot Details

  • 3,709 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Victorian Architecture
  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Paved Parking

Schools

  • Bromwell Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Floor Furnace
  • Phone Connected
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 5012-09-035

Community Details

Overview

  • No Home Owners Association
  • Cheesman Park Subdivision

Building Details

  • Operating Expense $19,697

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,338

Year Built

Built in 1895 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Victorian
  • Structure Type: Quadruplex
  • Levels: Three Or More
  • Year Built: 1895
  • Above Grade Finished Sq Ft: 3359
  • Below Grade Sq Ft: 375
  • Exclusions: Tenants Personal Property
  • Living Area: 3359
  • Property Condition: Updated/Remodeled
  • Directions: Google Maps
  • SubdivisionName: Cheesman Park
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.04762
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Range, Refrigerator
  • Interior Amenities: Smoke Free
  • Flooring: Carpet, Vinyl
  • Basement: Partial, Unfinished
  • Basement: Yes
  • Total Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Floor Furnace
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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

Fee Information

  • Operating Expense: 19697

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5012-09-035
  • Lot Size Acres: 0.09
  • Fencing: Partial
  • Building Area Total: 3734
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3709

Rental Info

  • Owner Pays: Electricity, Gas, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4338

MLS Schools

  • Elementary School: Bromwell
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
May 23, 2022
Sold by
Leftin Investment Co
Bought by
Khaleghi Murdoc and Morris Megan
Seller's Agent
Sam Bretz
Capstone Apartment Partners, LLC
Buyer's Agent
Jeff Hebeler
Live West Realty
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%
Total Days on Market
5
Current Estimated Value
$1,096,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,870
Avg. Annual Appreciation
-0.12%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Strawbridge J Llc
Bought by
Leftin Investment Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2009
Sold by
Chateau 5 Llc
Bought by
Strawbridge J Llc

Purchase Details

Closed on
Nov 3, 2007
Sold by
Young Smith W
Bought by
Chateau 5 Llc

Purchase Details

Closed on
Jan 19, 2007
Sold by
Rusk Robert C and Rusk Diane M
Bought by
Young Smith W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,862
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 30, 2002
Sold by
Dunrud Ventures Inc
Bought by
Rusk Robert C and Rusk Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.41%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Dunrud Ventures Inc
Bought by
Dunrud Thomas D and Dunrud Emma B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.41%

Purchase Details

Closed on
Aug 20, 2002
Sold by
1449 Josephine Street Llc
Bought by
Collins Kevin M and Sparrow Kristen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.41%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Sparrow Kristen T and Sparrow Kevin M
Bought by
1449 Josephine Street Llc
Source: Public Records

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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
Khaleghi Murdoc $1,100,000 New Title Company Name
Leftin Investment Co $750,000 Stewart Title
Strawbridge J Llc -- None Available
Chateau 5 Llc -- None Available
Young Smith W $375,000 Stewart Title Of Colorado
Rusk Robert C $355,000 --
Dunrud Ventures Inc -- --
Dunrud Thomas D -- --
Dunrud Ventures Inc $256,000 --
Collins Kevin M -- --
1449 Josephine Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khaleghi Murdoc $990,000
Previous Owner Leftin Investment Co $344,000
Previous Owner Young Smith W $344,862
Previous Owner Rusk Diane M $322,000
Previous Owner Rusk Robert C $319,500
Previous Owner Dunrud Ventures Inc $252,400
Previous Owner Collins Kevin M $252,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,100,000 +4.8% $327 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $1,050,000 -- $313 / 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 $5,641 $71,220 $17,320 $53,900
2023 $5,519 $71,220 $17,320 $53,900
2022 $4,397 $55,290 $20,070 $35,220
2021 $4,338 $58,130 $21,100 $37,030
2020 $4,374 $58,950 $17,800 $41,150
2019 $4,251 $58,950 $17,800 $41,150
2018 $4,213 $54,460 $12,610 $41,850
2017 $4,201 $54,460 $12,610 $41,850
2016 $2,782 $34,110 $10,276 $23,834
2015 $2,665 $34,110 $10,276 $23,834
2014 $2,355 $28,360 $8,119 $20,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2948509

REcolorado®

APN: 5012-09-035