NOT LISTED FOR SALE

Estimated Value: $735,000 - $769,000

4 Beds
2 Baths
1,876 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $710,000 $378 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,523/month

4 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Partially Fenced Property
  • Asbury Elementary School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of March 2022

Great opportunity for an investor or owner occupant to purchase a duplex just blocks from DU for less than $700,000! This sale includes both units of this up/down duplex. The upstairs unit is a 2 bedroom, 1 bathroom with washer/dryer in unit that is rented until October 21, 2022 for $1,695/month. The lower unit is also a 2 bedroom, 1 bathroom and is rented until September 9, 2022 for $1,395/month. Both rents are below market and can be raised considerably in the current unit conditions. Future renovations to kitchens and bathrooms will push rents even higher. The roof was redone in 2015, hot water heater in 2015 and the furnace in 2018. Showings available this Friday and Saturday by appointment only. Please do not disturb the tenants.

Last Agent to Sell the Property

Conner Piretti

NorthPeak Commercial Advisors, LLC License #100022346 Listed on: 01/13/2022

Last Buyer's Agent

Conner Piretti

NorthPeak Commercial Advisors, LLC License #100022346 Listed on: 01/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1955

Lot Details

  • 6,250 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Architectural Shingle Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 110 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant personal property
  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 5262-29-005

Community Details

Overview

  • No Home Owners Association
  • University Subdivision

Building Details

  • Operating Expense $7,101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,704

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 959
  • Exclusions: Tenant personal property
  • Living Area: 1876
  • SubdivisionName: University
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.05185
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 917

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 3
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit

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

Fee Information

  • Operating Expense: 7101

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5262-29-005
  • Lot Size Acres: 0.14
  • Fencing: Partial
  • Building Area Total: 1876
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2704

MLS Schools

  • Elementary School: Asbury
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 24, 2022
Sold by
Desena Michael D
Bought by
Mdi Real Estate Ii Llc
Seller's Agent
Conner Piretti
NorthPeak Commercial Advisors, LLC
Buyer's Agent
Conner Piretti
NorthPeak Commercial Advisors, LLC
List Price
$675,000
Sold Price
$710,000
Premium/Discount to List
$35,000
5.19%
Current Estimated Value
$756,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,492
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Dec 9, 2019
Sold by
Sena Michael D De
Bought by
Sena Michael D De and Sena Jaime L De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2016
Sold by
Jdm Equities Lllp
Bought by
Desena Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back
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
Mdi Real Estate Ii Llc $710,000 New Title Company Name
Sena Michael D De -- None Available
Desena Michael D $400,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sena Michael D De $357,000
Previous Owner Desena Michael D $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $710,000 +5.2% $378 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $675,000 -- $360 / 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 $3,712 $46,870 $38,170 $8,700
2023 $3,632 $46,870 $38,170 $8,700
2022 $2,867 $36,050 $28,220 $7,830
2021 $2,768 $37,090 $29,030 $8,060
2020 $2,704 $36,440 $22,330 $14,110
2019 $2,628 $36,440 $22,330 $14,110
2018 $2,319 $29,970 $20,240 $9,730
2017 $2,312 $29,970 $20,240 $9,730
2016 $2,160 $26,490 $17,401 $9,089
2015 $2,070 $26,490 $17,401 $9,089
2014 $1,797 $21,640 $9,942 $11,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8311165

REcolorado®

APN: 5262-29-005