NOT LISTED FOR SALE

Estimated Value: $1,557,000 - $1,808,000

4 Beds
5 Baths
3,941 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $1,650,000 $419 Per Sq Ft

Current estimated payment $9,635/month

11 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • City View
  • University Park Elementary School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of August 2023

A vision of contemporary urban design comes to life in this stunning new ½ duplex residence in desirable Observatory park area, steps away from University of Denver. The brand new 4 bedroom 5 baths home, with a finished basement and a rooftop, offers an expansive floor plan with large windows and modern spaces created by exceptional designers from Denver Design Center and a team in Valencia, Spain. You’ll immediately notice the chef's kitchen that showcases European cabinets and Spanish tile imported by Porcelanosa, Thermador built-in high-end commercial grade appliances, fridge/freezer columns, Quartz countertops, an oversized 13-ft island with beautiful waterfall edges. In the living room, you’ll find a gorgeous corner fireplace surrounded in unique 3D tile. A collection of large Anderson windows throughout summon in the natural light illuminating interior walls with smooth modern finish and modern hard-wood floors. Ascend the stairs to a spacious primary suite with spa-like five-piece bathroom and oversized walk-in closet. Porcelanosa could showcase this bathroom in their showroom on 5th avenue in NYC, as walls, floors, and free-standing tub are all finished with their high-end products. There is a spacious loft/flex space that could be used as another home office, gym or entertaining area, plumbed for a bar if desired, and offers large deck with mountain views prewired and structurally ready for a hot tub. Finished basement with 9 foot ceilings features multiple egress windows, another bedroom, a large full bathroom and a spacious storage room. Relax with a glass of wine on a covered patio or cozy up by a fire pit (available gas line) admiring the freshly landscaped outdoors (landscaping to be completed in May). Highly energy-efficient house, with foam insulation throughout, roof is ready for solar panels with dedicated space on roof and electric panel. Oversized 2-car garage features a 220v outlet for an electric vehicle. One year Builder Warranty included.

Last Agent to Sell the Property

Lena Ovcharova

HomeSmart Realty License #100101239 Listed on: 05/05/2023

HomeSmart Realty

Co-Listed By

Mariya Oleynikova

HomeSmart Realty License #100028434

Last Buyer's Agent

Rike Palese

RE/MAX Professionals License #040004568

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,272

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,975 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • Dry Walled Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Metal Siding
  • Steel Beams
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Electric Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Smart Doorbell
  • Family Room with Fireplace
  • Bonus Room
  • City Views
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Stubbed For A Bathroom
  • 1 Bedroom in Basement
  • Natural lighting in basement

Home Security

  • Outdoor Smart Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Rooftop Deck
  • Covered patio or porch

Location

  • Property is near public transit

Schools

  • University Park Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units
  • Observatory Park Community
  • University Park Subdivision

Listing and Financial Details

  • Exclusions: Staging items and Seller's personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,272

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Architectural Style: Contemporary, Urban Contemporary
  • Structure Type: Duplex
  • Levels: Three Or More
  • Building Name: Observatory Park
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 2788
  • Exclusions: Staging items and Seller's personal property
  • Living Area: 3941
  • Property Condition: New Construction
  • Directions: Please use Google maps. There might be Clayton street closure due to Denver city works on weekdays till 4pm, scheduled to complete by end of May.
  • SubdivisionName: University Park
  • Co List Office Mls Id: REC2HOME
  • Co List Office Phone: 303-858-8100
  • Ownership: Agent Owner
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2023-05-06
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 3
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Sump Pump
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, In-Law Floor Plan, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Electric, Family Room
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Common Walls: 1 Common Wall
  • Basement: Bath/Stubbed, Daylight, Finished, Full, Sump Pump
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1153
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Concrete, Frame, Metal Siding, Steel, Stucco
  • View: City
  • Exterior Features: Gas Valve, Private Yard
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rooftop
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: 220 Volts, Concrete, Dry Walled, Oversized
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s), Smart Cameras, Smoke Detector(s), Video Doorbell

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

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: TBD
  • Lot Size Acres: 0.09
  • Fencing: Full
  • Building Area Total: 3941
  • Lot Features: Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 3975
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Energy Efficient: Appliances, Insulation, Windows

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Aug 21, 2023
Sold by
Marifet Cem and Ovcharova Olena
Bought by
Giguere Francois and Beaudry Brigitte
Seller's Agent
Lena Ovcharova
HomeSmart Realty
Buyer's Agent
Rike Palese
RE/MAX Professionals
List Price
$1,695,000
Sold Price
$1,650,000
Premium/Discount to List
-$45,000
-2.65%
Views
51
Current Estimated Value
$1,645,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,992
Avg. Annual Appreciation
-2.38%

Purchase Details

Closed on
Feb 21, 2020
Sold by
2074 South Clayton Llc
Bought by
Marifet Cem and Ovcharova Olena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2016
Sold by
Ryan Michael O
Bought by
2074 South Clayton Llc
Source: Public Records

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
Giguere Francois $1,650,000 First Alliance Title
Marifet Cem $630,000 Land Title Guarantee Co
2074 South Clayton Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marifet Cem $315,000
Previous Owner Ryan Michael O $144,600
Previous Owner Ryan Michael O $150,000
Previous Owner Ryan Michael D $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $1,650,000 -2.7% $419 / Sq Ft
05/18/2023 05/18/23 For Sale $1,695,000 0.0% $430 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $1,695,000 -- $430 / 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 $6,272 $79,190 $18,020 $61,170
2023 $2,497 $54,680 $18,020 $36,660
2022 $2,497 $31,400 $28,500 $2,900
2021 $2,497 $45,330 $29,320 $16,010
2020 $3,303 $44,520 $25,320 $19,200
2019 $3,211 $44,520 $25,320 $19,200
2018 $3,095 $40,000 $24,160 $15,840
2017 $3,085 $40,000 $24,160 $15,840
2016 $2,909 $35,670 $28,186 $7,484
2015 $2,787 $35,670 $28,186 $7,484
2014 $2,252 $27,110 $20,768 $6,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5272023

REcolorado®

APN: 5252-11-036