NOT LISTED FOR SALE

Estimated Value: $520,000 - $539,000

0.17 Acre
$3,107,753 Price per Acre
7,503 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $540,000

Est. 2% decrease in value since last sale

Current estimated payment $3,995/month

30 Days on Market

Highlights

  • No HOA
  • Development of the land is complete
  • 2-minute walk to Prairie Park
  • University Park Elementary School Rated A-

About This Lot

As of September 2021

This 7,500 SqFt parcel of land resides in the wonderful University Park neighborhood. Central to DU, entertainment, fantastic dining, and shopping, this land is primed and ready to build your dream home in a highly desirable area. Only minutes away from I-25 and public transit, the location of this home is unparalleled.

Last Agent to Sell the Property

Adam Mayfield

eXp Realty, LLC License #100057044 Listed on: 08/24/2021

eXp Realty, LLC

Last Buyer's Agent

sanh ho

Brokers Guild Homes License #40032974

Brokers Guild Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,040

Lot Details

  • 7,503 Sq Ft Lot
  • Lot Dimensions are 50.00'x150.06'
  • Development of the land is complete
  • Property is zoned E-SU-DX

Community Details

  • No Home Owners Association
  • University Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5251-06-002

Property Details

Property Type

Land

Est. Annual Taxes

$2,040

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Vacant
  • Exclusions: None.
  • Directions: All GPS systems will correctly get you there. Heading north on I-25, exit to head south on Colorado Blvd. Turn right on Buchtel Blvd South, and right again on South Adams Street. The plot of land will be on your right.
  • SubdivisionName: University Park
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.85714
  • Special Features: None

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Lot Size: 50.00'x150.06'
  • Parcel Number: 5251-06-002
  • Lot Size Acres: 0.17
  • Fencing: None
  • Possible Use: Residential
  • Lot Size Sq Ft: 7503
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 29, 2021
Sold by
White Eric and White Lea
Bought by
Hang Toan
Seller's Agent
Adam Mayfield
eXp Realty, LLC
Buyer's Agent
sanh ho
Brokers Guild Homes
List Price
$630,000
Sold Price
$540,000
Premium/Discount to List
-$90,000
-14.29%
Current Estimated Value
$528,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,682
Avg. Annual Appreciation
-0.76%

Purchase Details

Closed on
Jul 20, 2020
Sold by
Roesch Kathryn and Roesch David
Bought by
White Eric and White Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1998
Sold by
Kathryn Roesch
Bought by
Roesch Kathryn and Roesch David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,350
Interest Rate
7.18%

Purchase Details

Closed on
Mar 7, 1994
Sold by
Roesch Kathryn
Bought by
Roesch Kathryn and Roesch David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1994
Sold by
Nicoll Stephanie
Bought by
Roesch Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.12%
Mortgage Type
FHA
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
Hang Toan $540,000 Chicago Title
White Eric $445,000 Chicago Title Co
Roesch Kathryn -- --
Roesch Kathryn -- --
Roesch Kathryn $89,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Eric $297,000
Previous Owner Roesch David $87,313
Previous Owner Roesch Kathryn $89,350
Previous Owner Roesch Kathryn $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $540,000 -1.8% --
09/23/2021 09/23/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $550,000 -12.7% --
08/24/2021 08/24/21 For Sale $630,000 -- --
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 $12,622 $159,360 $159,360 --
2023 $12,348 $159,360 $159,360 --
2022 $2,170 $27,290 $27,290 $0
2021 $2,168 $29,050 $28,080 $970
2020 $2,099 $35,440 $24,250 $11,190
2019 $2,040 $35,440 $24,250 $11,190
2018 $1,429 $25,670 $21,850 $3,820
2017 $1,980 $25,670 $21,850 $3,820
2016 $1,812 $22,220 $18,475 $3,745
2015 $1,736 $22,220 $18,475 $3,745
2014 $1,907 $22,960 $19,892 $3,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2872453

REcolorado®

APN: 5251-06-002