NOT LISTED FOR SALE

Estimated Value: $3,960,000 - $4,306,000

5 Beds
7 Baths
7,019 Sq Ft
$593/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $4,080,000 $581 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $25,164/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Vaulted Ceiling
  • University Park Elementary School Rated A-
  • Great Room with Fireplace
  • 3-minute walk to Observatory Park

About This Home

As of October 2022

* Under Contract with Home Sale Contingency – BACK UP OFFERS WELCOME
One of a kind custom home perfectly located on a quiet tree lined street fronting Observatory Park. The impressive limestone exterior and rare 12,500 sq.ft. mature landscaped lot makes this one of the neighborhood's finest. Upon entry you immediately appreciate the high level of finishes and workmanship with the extra wide hallway, tall ceilings, light adorned staircase, wood beams and custom lighting. You are invited in with a direct view of the dining room featuring beautiful French doors, built-in China hutch, and a wall of windows facing the backyard. The state-of-the-art kitchen showcases two large islands, quaint eat-in nook, top of the line appliances, an abundance of cabinetry and a fabulous walk-in pantry. The bifold glass door system seamlessly integrates the kitchen & family room areas with the back patio. The light and bright family room features a stone fireplace at its center, built-in benches, wood trellis detailing, automated window shades, and easy access to both the front and back patios for entertaining. The private study faces the park, provides access to the patio, and offers plenty of built-ins for storage. Rounding out the main level is a powder bathroom, a large mud room with custom designed cubbies, and a stackable washer & dryer. Upstairs features four bedrooms with ensuite bathrooms. The primary bedroom is serene with its very own double door entrance, spacious sitting retreat, private balcony, and views of the park. Complemented by a six-piece bathroom with tub, steam shower, double vanities, his & her toilets & closets with built-ins. Adjoining the bathroom is a large laundry room with new full-size washer and dryer and utility sink. The basement features a full bar, exercise room, climate-controlled wine cellar, guest bedroom with ensuite bath, powder room and theater room.

Last Agent to Sell the Property

Whitney L. Cain

LIV Sotheby's International Realty License #100001486 Listed on: 07/30/2022

LIV Sotheby's International Realty

Last Buyer's Agent

Caldwell Sullivan

Four Star Rlty & Prop Mgmt License #40031949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,556

Year Built

  • Built in 2008

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Garden
  • Property is zoned U-SU-C

Parking

  • 4 Car Attached Garage

Home Design

  • Frame Construction
  • Stone Siding
  • Radon Mitigation System
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 3 Fireplaces

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • 1 Bedroom in Basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Heating System

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Outdoor Gas Grill
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Radiant Heating System
  • Gas Water Heater
  • Water Softener
  • Cable TV Available

Community Details

  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property and lawn sculpture. Washer and Dryer Upstairs is negotiable
  • Assessor Parcel Number 5252-25-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,556

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Above Grade Price per Sq Ft: 829.94
  • Finished Price per Sq Ft: 581.28
  • Total Price per Sq Ft: 536.07
  • Year Built: 2008
  • Above Grade Finished Sq Ft: 4916.00
  • Basement Level Bathrooms: 2
  • Below Grade Sq Ft: 592.00
  • Exclusions: Seller's Personal Property and lawn sculpture. Washer and Dryer Upstairs is negotiable
  • Living Area: 7019.00
  • P P A: 14068965.52
  • Upper Level Bathrooms: 4
  • Upper Level Bedrooms: 4
  • Water Included: Yes
  • SubdivisionName: Observatory Park
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Sump Pump, Trash Compactor, Warming Drawer, Washer, Water Softener, Wine Cooler
  • Fireplaces: 3
  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Radon Mitigation System, Sound System, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Basement, Gas, Gas Log, Great Room, Outside, Wood Burning
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Room Count: 21
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2103.00
  • Main Level Bathrooms: 1

Exterior Features

  • Construction Materials: Frame, Stone, Stucco
  • Exterior Features: Garden, Gas Grill, Gas Valve, Private Yard
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Radiant, Radiant Floor, Solar
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)

Schools

  • School District: Denver 1
  • Elementary School: University Park
  • Middle School: Merrill
  • High School: South
  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5252-25-014
  • Lot Size Acres: 0.29
  • Fencing: Full
  • Building Area Total: 7611.00
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 12632.40

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 15556.00

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Oct 14, 2022
Sold by
Paul J Carney 2009 Trust
Bought by
Wallace Sullivan P and Wallace Kate
Seller's Agent
Whitney L. Cain
LIV Sotheby's International Realty
Buyer's Agent
Caldwell Sullivan
Four Star Rlty & Prop Mgmt
List Price
$4,295,000
Sold Price
$4,080,000
Premium/Discount to List
-$215,000
-5.01%
Total Days on Market
16
Views
3
Current Estimated Value
$4,159,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,848
Avg. Annual Appreciation
0.73%
Original Mortgage
$2,700,000
Outstanding Balance
$2,589,786
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$1,570,062

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 20, 2021
Sold by
The Becky H Schaub Living Trust
Bought by
The Paul J Carney 2009 Trust
Seller's Agent
Kristen Crabtree
Compass - Denver
Buyer's Agent
Whitney L. Cain
LIV Sotheby's International Realty
List Price
$3,695,000
Sold Price
$3,870,000
Premium/Discount to List
$175,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Feb 8, 2011
Sold by
Schaub Brian A
Bought by
The Becky H Schaub Living Trust

Purchase Details

Closed on
Jan 18, 2007
Sold by
The Karen F Arnold Family Trust
Bought by
Schaub Brian A

Purchase Details

Closed on
May 16, 2000
Sold by
Arnold Samuel P
Bought by
The Karen F Arnold Family Trust

Purchase Details

Closed on
Nov 23, 1998
Sold by
Lynn Arnold Karen and Paul Arnold Samuel
Bought by
Arnold Karen Lynn

Purchase Details

Closed on
Jan 3, 1994
Sold by
Arnold Karen Lynn
Bought by
Arnold Karen Lynn and Arnold Samuel Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,700
Interest Rate
7.16%
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 Buyer Sale Price Title Company
Wallace Sullivan P $4,080,000 Land Title
The Paul J Carney 2009 Trust $3,870,000 Land Title Guarantee Company
The Becky H Schaub Living Trust -- None Available
Schaub Brian A $1,299,000 Fahtco
The Karen F Arnold Family Trust -- --
Arnold Karen Lynn -- --
Arnold Karen Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Sullivan P $2,700,000
Previous Owner The Paul J Carney 2009 Trust $2,500,000
Previous Owner Arnold Karen Lynn $80,000
Previous Owner Arnold Karen Lynn $50,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $4,080,000 -5.0% $581 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $4,295,000 +11.0% $612 / Sq Ft
08/20/2021 08/20/21 Sold $3,870,000 +4.7% $551 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $3,695,000 -- $526 / 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 $21,761 $274,750 $74,730 $200,020
2023 $21,289 $274,750 $74,730 $200,020
2022 $16,115 $202,640 $66,550 $136,090
2021 $15,556 $208,480 $68,470 $140,010
2020 $13,774 $185,650 $64,670 $120,980
2019 $13,388 $185,650 $64,670 $120,980
2018 $12,446 $160,870 $61,290 $99,580
2017 $12,409 $160,870 $61,290 $99,580
2016 $12,245 $150,160 $48,699 $101,461
2015 $11,732 $150,160 $48,699 $101,461
2014 $10,288 $123,870 $31,760 $92,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1833898

REcolorado®

APN: 5252-25-014