NOT LISTED FOR SALE

Estimated Value: $1,361,000 - $1,566,000

6 Beds
6 Baths
4,767 Sq Ft
$308/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $1,190,000 $250 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,927/month

5 Days on Market

Highlights

  • Rooftop Deck
  • 0.3 Acre Lot
  • No HOA
  • Steele Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of December 2021

Unique investment property in Wash Park. 4 rental units on a 13000 square foot lot. Main floor unit is 2 beds/ 2 baths, is open concept, has in unit washer/dryer, and large deck. Basement unit is 2 beds/ 2 baths, garden level, hookup for washer/dryer if desired, open concept. Second floor unit is 1 bed/1 bath, has wrap around deck. Garage unit is loft style 1 bed/1 bath, large open concept living, shared washer/dryer in basement of garage unit. 2 off street parking spaces for each unit. Recognized by the city as a legally non-conforming 3 unit use (2 in the main house and 1 in garage unit) - please contact agent for more information.

Last Agent to Sell the Property

Jennifer Steelman

RE/MAX of Cherry Creek License #100027539 Listed on: 11/10/2021

RE/MAX of Cherry Creek

Last Buyer's Agent

Sharon Clayton

Compass - Denver License #100067964

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Front and Back Yard Sprinklers
  • Garden

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Rain Gutters
  • Front Porch

Schools

  • Steele Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tenant pays for electricity
  • The owner pays for taxes
  • Assessor Parcel Number 5231-00-072

Community Details

Overview

  • No Home Owners Association
  • Washington Park Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $13,436

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 3354
  • Exclusions: Tenants personal property
  • Living Area: 4767
  • SubdivisionName: Washington Park
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.99167
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Carpet, Tile, Wood
  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1413

Exterior Features

  • Direction Faces: East
  • Roof: Tar/Gravel
  • Construction Materials: Stucco
  • Exterior Features: Garden, Rain Gutters
  • Patio and Porch Features: Deck, Front Porch, Rooftop

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 8
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area, 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

Fee Information

  • Operating Expense: 13436

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5231-00-072
  • Lot Size Acres: 0.3
  • Fencing: Partial
  • Building Area Total: 4767
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 13000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5835

MLS Schools

  • Elementary School: Steele
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Dec 9, 2021
Sold by
Danielson Barbara T
Bought by
Donez Jaime and Donez Stephanie
Seller's Agent
Jennifer Steelman
RE/MAX of Cherry Creek
Buyer's Agent
Sharon Clayton
Compass - Denver
List Price
$1,200,000
Sold Price
$1,190,000
Premium/Discount to List
-$10,000
-0.83%
Total Days on Market
5
Current Estimated Value
$1,468,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,000
Avg. Annual Appreciation
6.24%
Original Mortgage
$813,500
Outstanding Balance
$754,598
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$713,402

Purchase Details

Closed on
May 9, 2017
Sold by
Danielson Jeffrey M
Bought by
Danielson Barbara T

Purchase Details

Closed on
Jan 11, 2017
Sold by
Danielson Barbara T
Bought by
Danielson Barbara T and Danielson Jeffrey M

Purchase Details

Closed on
Jan 3, 2007
Sold by
Strandburg Walter L
Bought by
Strandburg Walter L and Danielson Barbara T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2004
Sold by
Strandburg Walter L and Strandburg Mary M
Bought by
Strandburg Walter L
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
Donez Jaime $1,190,000 Equity Title Of Colorado
Danielson Barbara T -- None Available
Danielson Barbara T -- None Available
Strandburg Walter L -- Stg
Strandburg Walter L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donez Jaime $813,500
Previous Owner Danielson Barbara T $700,000
Previous Owner Danielson Barbara T $417,000
Previous Owner Strandburg Walter L $417,000
Previous Owner Strandburg Walter L $300,000
Previous Owner Strandburg Walter L $250,000
Previous Owner Stranburg Walter L $180,000
Previous Owner Strandburg Walter L $99,000
Previous Owner Strandburg Walter L $50,000
Previous Owner Strandburg Walter L $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $1,190,000 -0.8% $250 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,200,000 -- $252 / 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 $8,517 $107,540 $58,910 $48,630
2023 $8,333 $107,540 $58,910 $48,630
2022 $5,669 $71,280 $48,580 $22,700
2021 $5,593 $74,950 $51,080 $23,870
2020 $5,835 $78,650 $45,190 $33,460
2019 $5,672 $78,650 $45,190 $33,460
2018 $4,479 $57,900 $43,520 $14,380
2017 $4,466 $57,900 $43,520 $14,380
2016 $3,859 $47,320 $19,677 $27,643
2015 $3,697 $47,320 $19,677 $27,643
2014 $3,644 $43,880 $16,398 $27,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2088222

REcolorado®

APN: 5231-00-072