NOT LISTED FOR SALE

Estimated Value: $2,081,000 - $2,324,000

7 Beds
6 Baths
5,952 Sq Ft
$373/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $2,110,000 $355 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,918/month

88 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Forced Air Heating and Cooling System
  • Park Hill Elementary Rated A-
  • Covered Patio or Porch
  • West Facing Home

About This Home

As of September 2022

New price! 400k off. Realize instant equity with nearby comp 1661 Hudson selling for 3.125m. Welcome to 1612 Elm Street, a new contemporary home in desirable South Park Hill. The well-imagined design features five beds, six baths plus an office and gym. Be captivated by white oak floors, soaring 10' ceilings and a custom staircase with generous windows flooding the dining room with natural light. The chef's kitchen features an eight burner gas range with double oven, 48" refrigerator, single basin sink, shaker style cabinets, walk-in pantry and ample seating at the 10' quartz island. Next the kitchen opens to a family room with a stacked stone gas fireplace, built-in cabinetry and accordion doors leading to the private back yard. Stay organized in the generous mud room with quartz bench and separate exit to the detached two car garage. Also on the main find a full bath and bright southwest office with more built-in cabinets and glass french doors. The rare upstairs layout features an airy loft, laundry room, three bedrooms all with ensuite baths and a gorgeous private Master suite with a stunning 5 piece bath and massive walk-in closet. The basement is ideal for entertaining with a full wet bar, full bath, gym or office, additional bedroom, 4 egress windows and ample storage. A few of the additional amenities include prewire for televisions, solid core doors, dual furnaces & A/C and gas line extending to the back porch for grilling. It's easy to see why many consider South Park Hill one of Denver’s top neighborhoods with nearby City Park, the Nature and Science Museum, Denver Zoo, new City Park Golf Course, Marczyk Fine Foods (3 blocks), Benzina (2 blocks), Spinelli's, Honey Hill, Long Table Brewhouse, Tables, Oblio's Pizzeria and so much more!

Last Agent to Sell the Property

Michael Harry

HomeSmart Realty License #100078062 Listed on: 06/17/2022

HomeSmart Realty

Last Buyer's Agent

Katie K. Portenga

Coldwell Banker Global Luxury Denver License #100020185

Coldwell Banker Global Luxury Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,444

Year Built

  • Built in 2022

Lot Details

  • 6,100 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Property is zoned U-SU-C

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Park Hill Elementary School
  • Dsst: Conservatory Green Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Park Hill Subdivision

Listing and Financial Details

  • Exclusions: Staging and personal property
  • Assessor Parcel Number 1314-21-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,444

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Above Grade Price per Sq Ft: 524.88
  • Finished Price per Sq Ft: 354.50
  • Total Price per Sq Ft: 349.92
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 4020.00
  • Below Grade Sq Ft: 78.00
  • Exclusions: Staging and personal property
  • Living Area: 5952.00
  • Lower Level Bathrooms: 1
  • P P A: 15071428.57
  • Upper Level Bathrooms: 4
  • Upper Level Bedrooms: 4
  • Water Included: Yes
  • Directions: GPS or Map
  • SubdivisionName: Park Hill
  • Special Features: NewHome

Interior Features

  • Basement Ceiling Height: 10'
  • Full Bathrooms: 6
  • Room Count: 21
  • Basement: Full
  • Basement: Yes
  • Lower Level Bedrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1932.00
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Cement Siding, Concrete, Stucco
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

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

Schools

  • School District: Denver 1
  • Elementary School: Park Hill
  • Middle School: DSST: Conservatory Green
  • High School: East
  • Middle Or Junior School: DSST: Conservatory Green

Lot Info

  • Parcel Number: 1314-21-007
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 6030.00
  • Lot Features: Level
  • Lot Size Sq Ft: 6100.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2444.00

MLS Schools

  • Elementary School: Park Hill
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Sep 29, 2022
Sold by
Bouwen Group Llc
Bought by
Scott-Vargas Luis Daniel and Montero Maria Gabriela
Seller's Agent
Michael Harry
HomeSmart Realty
Buyer's Agent
Katie K. Portenga
Coldwell Banker Global Luxury Denver
List Price
$2,600,000
Sold Price
$2,110,000
Premium/Discount to List
-$490,000
-18.85%
Views
4
Current Estimated Value
$2,222,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,091
Avg. Annual Appreciation
1.79%
Original Mortgage
$975,000
Outstanding Balance
$941,715
Interest Rate
5.66%
Mortgage Type
Balloon
Estimated Equity
$1,279,272

Purchase Details

Closed on
Jan 12, 2021
Sold by
Evolution Development Llc
Bought by
Bouwen Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2020
Sold by
Elevated Equity Llc
Bought by
Evolution Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Scott-Vargas Luis Daniel $2,110,000 Land Title
Bouwen Group Llc $587,500 Equity Title Of Colorado
Evolution Development Llc $500,000 None Available
Elevated Equity Llc $460,000 Capital Title
Evolution Development Llc $500,000 None Available
Elevated Equity Llc $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott-Vargas Luis Daniel $975,000
Previous Owner Bouwen Group Llc $800,000
Previous Owner Graham Richard L $169,500
Previous Owner Graham Richard L $100,000
Previous Owner Graham Richard L $234,312
Previous Owner Graham Richard L $57,000
Previous Owner Graham Richard L $266,500
Previous Owner Graham Richard L $259,000
Previous Owner Graham Richard L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $2,110,000 -3.9% $355 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $2,195,000 -4.4% $369 / Sq Ft
08/11/2022 08/11/22 Price Changed $2,295,000 -4.2% $386 / Sq Ft
07/21/2022 07/21/22 Price Changed $2,395,000 -4.0% $402 / Sq Ft
06/29/2022 06/29/22 Price Changed $2,495,000 -4.0% $419 / Sq Ft
06/17/2022 06/17/22 For Sale $2,600,000 -- $437 / 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 $9,722 $122,750 $28,940 $93,810
2023 $9,511 $122,750 $28,940 $93,810
2022 $3,793 $47,690 $25,380 $22,310
2021 $2,444 $32,750 $26,110 $6,640
2020 $2,483 $40,620 $26,110 $14,510
2019 $2,414 $40,620 $26,110 $14,510
2018 $1,990 $32,920 $18,630 $14,290
2017 $1,984 $32,920 $18,630 $14,290
2016 $2,414 $29,600 $19,375 $10,225
2015 $2,313 $29,600 $19,375 $10,225
2014 $1,950 $23,480 $14,535 $8,945
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7354259

REcolorado®

APN: 1314-21-007