NOT LISTED FOR SALE

1503 S Sherman St Denver, CO 80210

Platt Park Neighborhood

Estimated Value: $684,000 - $1,131,000

4 Beds
3 Baths
1,851 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,152,500 $623 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $5,013/month

32 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Bungalow
  • South High School Rated A-
  • No HOA
  • 2-minute walk to James H. Platt Park

About This Home

As of July 2024

A rare gem awaits at this impeccably remodeled 4-bedroom, 3-bathroom home situated on one of Platt Park's most prestigious streets. Boasting top-to-bottom renovation, this residence offers versatile living options, serving as a magnificent single-family home or a coveted two-unit dwelling. Every detail has been meticulously crafted, with all city permits obtained to ensure quality and compliance. Step inside to discover a seamless blend of modern amenities and vintage allure. The original woodwork and cozy coal fireplace exude charm, complemented by wide plank flooring and museum-quality walls that create a designer's dream space. The open-concept kitchen, living, and dining area dazzles with quartz countertops, European flat-front cabinets, and an original copper backsplash that steals the show. Upstairs, two spacious bedrooms, one with a luxurious four-piece ensuite, await. The second ¾ bath boasts playful tile work and a convenient laundry area. Descend to the basement, where nine-foot ceilings defy expectations, enhancing the expansive kitchen, living area, and two large conforming bedrooms. A second washer/dryer connection adds convenience, while a beautifully appointed three-quarter bathroom completes the lower level. Outside, the xeriscaped backyard, one-car detached, 220 Volt wired garage, and new pergola offer a peaceful retreat. With a 4,160 sq ft lot zoned for an ADU, the potential for additional income is boundless. Whether you seek a stunning single-family home or an income-generating investment, this meticulously renovated property promises the best of Platt Park living.

Last Agent to Sell the Property

Kevin Shelledy

Compass - Denver Brokerage Email: kevin.shelledy@compass.com,720-357-2650 License #100057265 Listed on: 05/09/2024

Compass - Denver

Last Buyer's Agent

Alexa Ferguson

Good Neighbor LLC License #100092895

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,997

Year Built

  • Built in 1912

Lot Details

  • 4,160 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned U-SU-B1

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • 2 Bedrooms in Basement

Schools

  • Mckinley-Thatcher Elementary School
  • Grant Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Platte Park Subdivision

Listing and Financial Details

  • Exclusions: All staging items and sellers personal property
  • Property held in a trust
  • Assessor Parcel Number 5227-09-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,997

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Structure Type: House
  • Levels: One
  • Year Built: 1912
  • Above Grade Finished Sq Ft: 933
  • Exclusions: All staging items and sellers personal property
  • Living Area: 1851
  • SubdivisionName: Platte Park
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.97257
  • Attribution Contact: kevin.shelledy@compass.com,720-357-2650
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 918
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Garden, Private Yard
  • Road Frontage Type: Public
  • Road Surface Type: Alley Paved

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

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

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5227-09-030
  • Lot Size Acres: 0.1
  • Fencing: Partial
  • Building Area Total: 1851
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 4160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2997

MLS Schools

  • Elementary School: McKinley-Thatcher
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 3, 2024
Sold by
Lincoln Asset Management Llc
Bought by
Lord Brandon and Hamilton Carly
Seller's Agent
Kevin Shelledy
Compass - Denver
Buyer's Agent
Alexa Ferguson
Good Neighbor LLC
List Price
$1,185,000
Sold Price
$1,152,500
Premium/Discount to List
-$32,500
-2.74%
Views
39
Current Estimated Value
$889,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$263,124
Avg. Annual Appreciation
-5.60%
Original Mortgage
$979,625
Outstanding Balance
$971,861
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$101,165

Purchase Details

Closed on
Nov 8, 2021
Sold by
Cupp Gary Richard
Bought by
Lincoln Asset Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,500
Interest Rate
2.99%
Mortgage Type
Commercial
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
Lord Brandon $1,152,500 Elevated Title
Lincoln Asset Management Llc $675,500 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lord Brandon $979,625
Previous Owner Lincoln Asset Management Llc $715,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,152,500 -1.9% $623 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $1,175,000 -0.8% $635 / Sq Ft
05/09/2024 05/09/24 For Sale $1,185,000 -- $640 / 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 $3,578 $45,180 $29,370 $15,810
2023 $3,501 $45,180 $29,370 $15,810
2022 $2,997 $37,690 $28,580 $9,110
2021 $2,893 $38,770 $29,400 $9,370
2020 $2,742 $36,960 $23,520 $13,440
2019 $2,665 $36,960 $23,520 $13,440
2018 $2,059 $26,610 $19,990 $6,620
2017 $2,053 $26,610 $19,990 $6,620
2016 $2,230 $27,350 $18,817 $8,533
2015 $2,137 $27,350 $18,817 $8,533
2014 $1,782 $21,460 $9,847 $11,613
Source: Public Records

Agents Affiliated with this Home

  • Kevin Shelledy

    Seller's Agent in 2024

    Kevin Shelledy

    Compass - Denver

    (720) 357-2650

    10 in this area

    119 Total Sales

    Kevin Shelledy
    Section Image

  • A

    Buyer's Agent in 2024

    Alexa Ferguson

    Good Neighbor LLC

    (888) 440-2724

    1 in this area

    59 Total Sales

    Alexa Ferguson
    Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 5090462

REcolorado®

APN: 5227-09-030

Colorado Denver County Denver 80210 Platt Park

1503 S Sherman St, Denver, CO

This home is located at 1503 S Sherman St, Denver, CO 80210 since 09 May 2024 and is currently estimated at $889,376, approximately $480 per square foot. This property was built in 1912. 1503 S Sherman St is a home located in Denver County with nearby schools including McKinley-Thatcher Elementary School, Grant Beacon Middle School, and South High School.

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