NOT LISTED FOR SALE

Estimated Value: $585,000 - $680,000

2 Beds
1 Bath
955 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $670,000 $702 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,798/month

8 Days on Market

Highlights

  • Open Floorplan
  • Midcentury Modern Architecture
  • Private Yard
  • Asbury Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2024

Incredible opportunity to own a 6,250 square foot lot in the highly sought after University neighborhood. This lot boasts 50 feet of frontage on an amazing tree lined block with breathtaking mountain views ideal to build your dream, a developer looking to scrape and redevelop, or for a long term income generating property. There is a significant amount of multi-million dollar new custom home construction activity going on all around this property.

The Charming mid-century house on the property was getting $2750 a month in rent so there can be income while going through the planning process. This house has a huge fenced in backyard with a large covered patio. There is also hardwood flooring, central A/C, a oversized one car attached garage, as well as a large basement for storage with a utility sink and washer dryer area.

This location is a few blocks from the DU campus and offers close proximity to I-25 and the University light rail station. It is mere minutes to Wash Park, Platt Park, Harvard Gulch Park, Porter and Adventist Hospital and the many shops and restaurants on Pearl Street, and S. Broadway.

Last Agent to Sell the Property

Brian Friedman

Coldwell Banker Global Luxury Denver Brokerage Phone: 303-819-4909 License #100012669 Listed on: 02/19/2024

Coldwell Banker Global Luxury Denver

Last Buyer's Agent

Vesta Homes

Kentwood Real Estate DTC, LLC

Kentwood Real Estate DTC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1944

Lot Details

  • 6,250 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Property is zoned U-SU-C

Parking

  • 1 Car Attached Garage
  • Oversized Parking

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Flooring
  • Partial Basement

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 5262-27-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,651

Year Built

Built in 1944

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Structure Type: House
  • Levels: One
  • Year Built: 1944
  • Above Grade Finished Sq Ft: 840
  • Exclusions: None
  • Living Area: 955
  • Directions: Evans to Humboldt and go South to property
  • SubdivisionName: University
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 610.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.98747
  • Attribution Contact: 303-819-4909
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Open Floorplan
  • Flooring: Wood
  • Full Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 115
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Oversized
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air, Natural Gas
  • Water Source: Public

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: Grant

Lot Info

  • Parcel Number: 5262-27-020
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 1565
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2651

MLS Schools

  • Elementary School: Asbury
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Mar 22, 2024
Sold by
George E Siemers Jr Profit Sharing Plan
Bought by
Berg Heather A
Seller's Agent
Brian Friedman
Coldwell Banker Global Luxury Denver
Buyer's Agent
Vesta Homes
Kentwood Real Estate DTC, LLC
List Price
$678,500
Sold Price
$670,000
Premium/Discount to List
-$8,500
-1.25%
Views
35
Current Estimated Value
$636,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,492
Avg. Annual Appreciation
-2.58%
Original Mortgage
$459,000
Outstanding Balance
$454,004
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$194,488

Purchase Details

Closed on
Jul 31, 2015
Sold by
Shepard Jennifer Lynn
Bought by
George E Siemers Jr Profit Sharing Plan

Purchase Details

Closed on
Jan 30, 2013
Sold by
Pleiman Kirk Patrick and Shepard Jennifer Lynn
Bought by
Shepard Jennifer Lynn
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
Berg Heather A $670,000 Land Title
George E Siemers Jr Profit Sharing Plan $315,000 Chicago Title Co
Shepard Jennifer Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Heather A $50,000
Open Berg Heather A $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $670,000 -1.3% $702 / Sq Ft
02/20/2024 02/20/24 For Sale $678,500 0.0% $710 / Sq Ft
08/04/2021 08/04/21 Rented $2,750 0.0% --
07/25/2021 07/25/21 For Rent $2,750 +11.1% --
07/01/2020 07/01/20 Rented -- -- --
06/12/2020 06/12/20 For Rent $2,475 -- --
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 $3,029 $38,240 $38,170 $70
2023 $2,963 $38,240 $38,170 $70
2022 $2,651 $33,330 $28,220 $5,110
2021 $2,559 $34,290 $29,030 $5,260
2020 $2,416 $32,560 $22,330 $10,230
2019 $2,348 $32,560 $22,330 $10,230
2018 $1,903 $24,600 $20,240 $4,360
2017 $1,897 $24,600 $20,240 $4,360
2016 $1,867 $22,900 $17,401 $5,499
2015 $1,789 $22,900 $17,401 $5,499
2014 $1,580 $19,020 $9,942 $9,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6545246

REcolorado®

APN: 5262-27-020