$550,000
SOLD DEC 13, 2024

2001 S Downing St Unit 2005 Denver, CO 80210

Platt Park Neighborhood
2 Beds
2 Baths
568 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$968 Per Sq Ft

22% Below List Price

92 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Baseboard Heating
  • Asbury Elementary School Rated A-
  • 1-Story Property
  • Asbestos

About This Home

As of December 2024

Newly Refreshed Price ! $574,900 DU or Porter Hospital potential tenants; Bring ALL OFFERS! $5000 Credit /Highly Motivated Owner! Highly desirable area close to Wash Park; (2) Units: 2001 and 2005 S Downing Street Corner Lot size is 125" X 50"
Both units combined are 1,135 SF with separate entrances and partial fence on back side. / 1 bedroom units in this duplex complex; Suitable for fix and flip ( improve your rent figures or Scrape) Opportunity to pop the top; Bring all Offers!!
Detached garage is off the alley and can be included in the new layout. New Roof, Excellent location/ Nice corner lot for ease of access. Location is prime to Wash Park and the community neighborhood amenities. Walkable neighborhood and access to I25. Bring your offer. !

Last Agent to Sell the Property

Robert Alldredge

Jericho Properties Brokerage Phone: 303-234-0546 License #000209461 Listed on: 08/15/2024

Last Buyer's Agent

Angela Chavez

RE/MAX Professionals License #100068403

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1942

Lot Details

  • 1 Common Wall
  • East Facing Home
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Block Foundation
  • Frame Construction
  • Composition Roof
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Ground Level

Schools

  • Asbury Elementary School
  • Grant Middle School
  • South High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • The owner pays for taxes, water
  • Assessor Parcel Number 5263-06-028

Community Details

Overview

  • No Home Owners Association
  • Mtn View Place Subdivision

Building Details

  • Operating Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,975

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 568
  • Entry Location: Ground
  • Exclusions: none
  • Living Area: 568
  • Property Condition: Fixer
  • Directions: I 25 to Colorado Blvd and or Emerson Exit ; Head East to Downing then South to property
  • SubdivisionName: Mtn View Place
  • Ownership: Agent Owner
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 567.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.78684
  • Attribution Contact: 303-234-0546
  • Special Features: None

Interior Features

  • Appliances: Disposal, Oven, Range, Refrigerator
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Basement: Yes
  • Total Bedrooms: 2
  • Entry Level: 1

Exterior Features

  • Direction Faces: East
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Asbestos, Frame

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard

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
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 5000

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5263-06-028
  • Building Area Total: 1135
  • Lot Features: Level

Rental Info

  • Owner Pays: Taxes, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2975

MLS Schools

  • Elementary School: Asbury
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Dec 13, 2024
Sold by
2001 Llc
Bought by
Stewart Chadwick
Seller's Agent
Robert Alldredge
Jericho Properties
Buyer's Agent
Angela Chavez
RE/MAX Professionals
List Price
$709,000
Sold Price
$550,000
Premium/Discount to List
-$159,000
-22.43%
Total Days on Market
92
Views
56
Current Estimated Value
$552,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,276
Avg. Annual Appreciation
0.83%
Original Mortgage
$412,500
Outstanding Balance
$411,059
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$141,217

Purchase Details

Closed on
Mar 25, 2021
Sold by
Alldredge Robert L
Bought by
2001 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2021
Sold by
2001 Llc
Bought by
Alldredge Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Sold by
Alldredge Robert L
Bought by
2001 Llc

Purchase Details

Closed on
Jul 28, 2008
Sold by
2001 Llc
Bought by
Alldredge Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 13, 1997
Sold by
Alldredge Robert L
Bought by
2001 Llc
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 Type Sale Price Title Company
Warranty Deed $550,000 Homestead Title
Warranty Deed $550,000 Homestead Title
Quit Claim Deed -- Heritage Title Company
Quit Claim Deed -- Homestead Title & Escrow
Bargain Sale Deed -- None Available
Quit Claim Deed -- Land Title Guarantee Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $412,500 New Conventional
Closed $412,500 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $181,741 New Conventional
Previous Owner $180,000 Unknown
Previous Owner $164,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $550,000 -4.3% $968 / Sq Ft
11/06/2024 11/06/24 Price Changed $574,900 -4.2% $1,012 / Sq Ft
09/20/2024 09/20/24 Price Changed $599,900 -1.5% $1,056 / Sq Ft
09/12/2024 09/12/24 Price Changed $609,000 -3.2% $1,072 / Sq Ft
09/07/2024 09/07/24 Price Changed $629,000 -3.2% $1,107 / Sq Ft
08/28/2024 08/28/24 Price Changed $649,500 -7.1% $1,143 / Sq Ft
08/15/2024 08/15/24 Price Changed $699,000 -1.4% $1,231 / Sq Ft
08/15/2024 08/15/24 For Sale $709,000 -- $1,248 / 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 $3,041 $38,400 $31,890 $6,510
2023 $2,975 $38,400 $31,890 $6,510
2022 $2,371 $29,810 $29,740 $70
2021 $2,339 $31,340 $31,270 $70
2020 $2,132 $28,740 $25,680 $3,060
2019 $2,073 $28,740 $25,680 $3,060
2018 $2,324 $30,040 $22,490 $7,550
2017 $2,317 $30,040 $22,490 $7,550
2016 $2,059 $25,250 $21,134 $4,116
2015 $1,973 $25,250 $21,134 $4,116
2014 $1,555 $18,720 $13,819 $4,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3608728

REcolorado®

APN: 5263-06-028