NOT LISTED FOR SALE

205 Knox Ct Unit 209 Denver, CO 80219

Barnum Neighborhood

Estimated Value: $1,266,000

8 Beds
5 Baths
3,383 Sq Ft
$374/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,280,000 $378 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,224/month

52 Days on Market

Highlights

  • 1.15 Acre Lot
  • Front Porch
  • Forced Air Heating System
  • Property is near public transit
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of August 2022

Great investment opportunity for 2 duplexes on oversized lot in Denver. One duplex is a brick side-by-side with full basements, both 2 bedrooms. Second duplex is an up-and-down, both 2 bedrooms. Units rent immediately. High demand area. 100% occupancy now with one coming vacant in June. The acre+ lot is equal to 4 regular sized lots and has ample parking. No showings until offer is submitted and tentatively accepted. Property being sold as-is with current inspection reports available for review.

Last Listed By

Greg Cunningham

Grace Management & Invest. License #100022990 Listed on: 05/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,226

Year Built

  • Built in 1986

Lot Details

  • 1.15 Acre Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage
  • 8 Off-Street Spaces
  • Driveway

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Schools

  • Newlon Elementary School
  • Compass Academy Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected

Additional Features

  • Front Porch
  • Property is near public transit

Community Details

  • Pt Barnums Subdivision
  • Operating Expense $18,012

Listing and Financial Details

  • Exclusions: All tenant personal property including any washers and dryers and refrigerator in unit 209.
  • Tenant pays for cable TV, electricity, gas, grounds care, internet, telephone
  • The owner pays for grounds care, insurance, taxes, trash collection, water
  • Assessor Parcel Number 5083-26-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,226

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: One
  • Above Grade Price per Sq Ft: 391.44
  • Finished Price per Sq Ft: 378.36
  • Total Price per Sq Ft: 272.40
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 3270.00
  • Actual Annual Net Income: 37665.00
  • Below Grade Sq Ft: 1316.00
  • Cap Rate Calculation: Projected income w/2.45 vacancy and 8% mgmt fee
  • Exclusions: All tenant personal property including any washers and dryers and refrigerator in unit 209.
  • Living Area: 3383.00
  • Offstreet Spaces: 8
  • P P A: 1113043.48
  • Projected Annual Expense: 18012.00
  • Projected Annual Net Income: 61188.00
  • Projected Gross Income: 79200.00
  • SubdivisionName: PT Barnums
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 8
  • Below Grade Sq Ft: 113.00

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Parking Features: Asphalt, Concrete
  • Garage Spaces: 2
  • Total Parking Spaces: 10

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit

Fee Information

  • Operating Expense: 18012.00

Schools

  • School District: Denver 1
  • Elementary School: Newlon
  • Middle School: Compass Academy
  • High School: West
  • Middle Or Junior School: Compass Academy

Lot Info

  • Parcel Number: 5083-26-010
  • Lot Size Acres: 1.15
  • Fencing: Partial
  • Building Area Total: 4699.00
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 50000.00

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5226.00

MLS Schools

  • Elementary School: Newlon
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Mile High Flood District and Urban Drainage And Flood Control Distric
Bought by
City And County Of Denver
Total Days on Market
52
Current Estimated Value
$1,266,000

Purchase Details

Listed on
May 20, 2022
Closed on
Aug 1, 2022
Sold by
Bolte Dennis C
Bought by
Mile High Flood District
Seller's Agent
Greg Cunningham
Grace Management & Invest.
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$1,500,000
Sold Price
$1,280,000
Premium/Discount to List
-$220,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.39%

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bolte Dennis
Bought by
Bolte Dennis C and Bolte Patricia E

Range of Values:

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Average Value
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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
City And County Of Denver -- None Listed On Document
City And County Of Denver -- None Listed On Document
Mile High Flood District $1,280,000 None Listed On Document
Bolte Dennis C -- --
Bolte Dennis -- --
Bolte Dennis C -- --
Bolte Dennis -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $1,280,000 -6.2% $378 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $1,365,000 -9.0% $403 / Sq Ft
05/20/2022 05/20/22 For Sale $1,500,000 -- $443 / 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 $1,655 $63,400 $28,790 $34,610
2023 $1,655 $85,610 $28,790 $56,820
2021 $5,226 $70,040 $22,180 $47,860
2020 $4,589 $61,850 $18,020 $43,830
2019 $4,460 $61,850 $18,020 $43,830
2018 $4,193 $54,200 $16,750 $37,450
2017 $4,181 $54,200 $16,750 $37,450
2016 $3,126 $38,330 $13,890 $24,440
2015 $2,995 $38,330 $13,890 $24,440
2014 $2,766 $33,300 $9,265 $24,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9065030

REcolorado®

APN: 5083-26-010