NOT LISTED FOR SALE

Estimated Value: $541,000

4.4 Acres
$122,955 Price per Acre
191,664 Sq Ft Lot

Last Sold January 21, 2022

Last sale price $1,850,000

Current estimated payment $3,546/month

292 Days on Market

Highlights

  • 4.4 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Corner Lot

About This Lot

As of January 2022

Three connected lots zoned MU-C for a total of 4.4 acres, corner lot on heavily trafficked E Colfax and Ceylon. Just minutes away from the Anschutz medical campus, ideal for multi family with retail use.

Last Listed By

Abdul Khalaf

Realty One Group Premier Colorado License #100013339 Listed on: 03/01/2021

Realty One Group Premier Colorado

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,297

Lot Details

  • 4.4 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is zoned MU-C

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 07 Eleven At Colfax Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number R0087076

Property Details

Property Type

Land

Est. Annual Taxes

$5,297

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Current Use: Vacant
  • Exclusions: None
  • SubdivisionName: 07-Eleven At Colfax
  • Ownership: Corporation/Trust
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 0.84091
  • Special Features: None

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • 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

  • Parcel Number: R0087076
  • Lot Size Acres: 4.4
  • Fencing: Partial
  • Possible Use: Commercial, Office, Residential
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 191664
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5297

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jan 21, 2022
Sold by
Medina Investment Group Llc
Bought by
Safavi Holdings Llc
Seller's Agent
Abdul Khalaf
Realty One Group Premier Colorado
Buyer's Agent
Fara Novin
RE/MAX Professionals
List Price
$2,200,000
Sold Price
$1,850,000
Premium/Discount to List
-$350,000
-15.91%
Total Days on Market
292
Current Estimated Value
$541,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,309,000

Purchase Details

Closed on
Jan 10, 2001
Sold by
Mehran Diba
Bought by
Medina Investment Group Llc

Purchase Details

Closed on
Jun 15, 1998
Sold by
Lazer Venture
Bought by
Diba Mehran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

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
Safavi Holdings Llc $1,850,000 First American Title
Medina Investment Group Llc -- First American Title
Medina Investment Group Llc $465,000 North American Title Co
Diba Mehran $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diba Mehran $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $1,850,000 -15.9% --
12/18/2021 12/18/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $2,200,000 -- --
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 $6,400 $57,570 $57,570 --
2023 $6,400 $59,490 $59,490 --
2022 $5,429 $47,780 $47,780 $0
2021 $5,498 $47,780 $47,780 $0
2020 $5,307 $44,970 $44,970 $0
2019 $5,297 $44,970 $44,970 $0
2018 $3,326 $28,110 $28,110 $0
2017 $2,954 $28,110 $28,110 $0
2016 $2,740 $25,860 $25,860 $0
2015 $2,654 $25,860 $25,860 $0
2014 $2,462 $23,610 $23,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5349135

REcolorado®

APN: 1821-34-3-24-001