$850,000
SOLD APR 28, 2023
0.17 Acre
$5,000,000 Price per Acre
7,500 Sq Ft Lot

Recently Sold

$764 Per Sq Ft

14% Below List Price

39 Days on Market

Highlights

  • Development of the land is complete
  • Level Lot
  • 5-minute walk to Prairie Park
  • University Park Elementary School Rated A-

About This Lot

As of April 2024

Sales price includes building plans for a duplex that is fully permitted and shovel ready. This would also make a wonderful site for a new single family home.

Last Agent to Sell the Property

Henry Adams

IV Properties LLC License #100029536 Listed on: 03/09/2023

Last Buyer's Agent

fariba keshavarz

Brokers Guild Homes License #100071268

Brokers Guild Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,015

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Level Lot
  • Development of the land is complete
  • Property is zoned U-TU-C

Community Details

  • Observatory Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5252-11-002

Property Details

Property Type

Land

Est. Annual Taxes

$3,015

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • P P A: 5000000.00
  • P S F Lot: 113.33
  • Submitted Prospect: Yes
  • Water Included: Yes
  • SubdivisionName: Observatory Park
  • Special Features: None

Utilities

  • Sewer: Public Sewer

Schools

  • School District: Denver 1

Lot Info

  • Lot Size: 50x150
  • Parcel Number: 5252-11-002
  • Lot Size Acres: 0.17
  • Lot Features: Level
  • Lot Size Sq Ft: 7500.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Apr 2, 2024
Sold by
Justin And Dylan Llc
Bought by
Mann Michael and Depaola Vivian
Seller's Agent
fariba keshavarz
Brokers Guild Homes
Buyer's Agent
Vivian DePaola
Corcoran Perry & Co.
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Views
9
Current Estimated Value
$1,503,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,475
Avg. Annual Appreciation
-2.37%
Original Mortgage
$1,248,000
Outstanding Balance
$1,232,950
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$279,192

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 28, 2023
Sold by
2010 S Clayton Llc
Bought by
Justin And Dylan Llc
Seller's Agent
Henry Adams
IV Properties LLC
Buyer's Agent
fariba keshavarz
Brokers Guild Homes
List Price
$985,000
Sold Price
$850,000
Premium/Discount to List
-$135,000
-13.71%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.01%

Purchase Details

Closed on
May 21, 2021
Sold by
Allen Charles A
Bought by
2010 S Clayton Llc

Purchase Details

Closed on
Dec 1, 2020
Sold by
Allen Charles A
Bought by
Allen Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,560,000 Fitco
Warranty Deed $850,000 First American Title
Special Warranty Deed $800,000 Heritage Title Company
Interfamily Deed Transfer -- Heritage Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,248,000 New Conventional
Previous Owner $765,000 Construction
Previous Owner $418,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $279,500 Adjustable Rate Mortgage/ARM
Previous Owner $202,562 New Conventional
Previous Owner $1,008,541 Unknown
Previous Owner $228,000 Unknown
Previous Owner $226,000 Unknown
Previous Owner $226,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $225,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $102,000 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $1,560,000 -2.5% $433 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $1,600,000 +2.6% $444 / Sq Ft
04/01/2024 04/01/24 Off Market $1,560,000 -- --
04/28/2023 04/28/23 Sold $850,000 -8.1% $764 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $925,000 -2.1% $832 / Sq Ft
03/13/2023 03/13/23 Price Changed $945,000 -4.1% $850 / Sq Ft
03/09/2023 03/09/23 For Sale $985,000 -- $886 / 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 $13,121 $68,310 $16,660 $51,650
2023 $13,121 $169,330 $169,330 --
2022 $2,569 $32,310 $27,290 $5,020
2021 $2,569 $40,410 $28,080 $12,330
2020 $2,733 $36,830 $24,250 $12,580
2019 $2,656 $36,830 $24,250 $12,580
2018 $2,497 $32,270 $23,130 $9,140
2017 $2,489 $32,270 $23,130 $9,140
2016 $2,451 $30,060 $27,000 $3,060
2015 $2,349 $30,060 $27,000 $3,060
2014 $1,806 $21,750 $19,892 $1,858
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 7291765

REcolorado®

APN: 5252-11-039