NOT LISTED FOR SALE

Estimated Value: $2,837,000 - $3,372,000

5 Beds
6 Baths
6,086 Sq Ft
$504/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $3,825,000 $628 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $18,319/month

118 Days on Market

Highlights

  • Steam Room
  • Under Construction
  • City View
  • University Park Elementary School Rated A-
  • Primary Bedroom Suite
  • 3-minute walk to Observatory Park

About This Home

As of April 2023

Welcome to your dream home, a luxurious masterpiece located in beautiful Observatory Park. This all-new Custom Home boasts over 6,000 square feet of living space on 3 levels and features 5 Beds with 6 Baths. It’s light and bright, with a seamless transition of indoor/outdoor living spaces. Discover the latest opportunity to own a Steven Luber Custom Home. For over 20 years he’s been designing and building fine homes with an unmatched attention to detail and craftsmanship. His team is committed to building energy-efficient homes that are not only beautiful, but sustainable and long-lasting, making it the perfect home for those who appreciate the finer things in life. You'll appreciate the architectural styling and choice of finishes. Large and generous room sizes w/ an open Kitchen/Family Rm concept. Tall ceilings and ample windowscapes. A Kitchen waterfall island, Thermador appliances and Buffet area with wine cooler. The Window Wall opens to the private Patio w/ fire pit and built-in grille. Shaded by a stylish steel and timber Pergola. This will be a place of relaxation and serenity. Owner's Suite features a fireplace, relaxing 5-pc bath with a showpiece shower and a "live-in closet as big as a bedroom." Full-size Laundry room is adjacent for convenience. Two en-suite Bedrooms w/ private Baths round out the upstairs living spaces. The grand Finished Lower Level sports a full Wet Bar w/ Under-counter Fridge, D/W and Microwave. The glass-enclosed Wine Cellar provides an elegant backdrop for entertaining and watching your big screen TV in the spacious Recreation Room. 2 private Bedrooms and a 3/4 Bath w/ Steam Shower will pamper guests and family alike. A large 3-car Attached Garage with EV Charger is connected to the home at the Mudroom for ease and convenience. This home sits on a prime location, just steps from historic Observatory Park. A highly desirable neighborhood known for its beautiful homes, tree-lined streets, and proximity to Denver's best amenities.

Last Agent to Sell the Property

Peter Hauben

Denver Realty, LLC License #100049061 Listed on: 11/12/2022

Last Buyer's Agent

Jewel Brown

LIV Sotheby's International Realty License #40044529

LIV Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Property is zoned U-SU-C

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Steam Room
  • City Views
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • 2 Bedrooms in Basement

Eco-Friendly Details

  • Smoke Free Home
  • Air Purifier

Outdoor Features

  • Patio
  • Fire Pit
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property, staging items
  • Assessor Parcel Number 5252-24-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Urban Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 4111
  • Exclusions: Seller's personal property, staging items
  • Living Area: 6086
  • Property Condition: New Construction, Under Construction
  • SubdivisionName: Observatory Park
  • Ownership: Builder
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.93293
  • Special Features: 4098

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater
  • Fireplaces: 2
  • Interior Amenities: Breakfast Nook, Five Piece Bath, High Ceilings, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Laminate, Tile, Wood
  • Fireplace Features: Family Room, Primary Bedroom
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Basement: Full, Interior Entry
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1975
  • Main Level Bathrooms: 2
  • Other Equipment: Air Purifier
  • Spa Features: Steam Room
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • View: City
  • Exterior Features: Fire Pit, Gas Valve, Private Yard
  • Patio and Porch Features: Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Electric Vehicle Charging Station(s)
  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s)

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: 5252-24-014
  • Lot Size Acres: 0.17
  • Fencing: Partial
  • Building Area Total: 6086
  • Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3547

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2022
Closed on
Apr 10, 2023
Sold by
Steven Luber Custom Homes Inc
Bought by
Chapman Eric L and Chapman Victoria E
Seller's Agent
Peter Hauben
Denver Realty, LLC
Buyer's Agent
Jewel Brown
LIV Sotheby's International Realty
List Price
$4,100,000
Sold Price
$3,825,000
Premium/Discount to List
-$275,000
-6.71%
Total Days on Market
118
Views
42
Current Estimated Value
$3,066,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$758,512
Avg. Annual Appreciation
-9.77%
Original Mortgage
$1,700,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2020
Sold by
2243 South Clayton Llc
Bought by
Steven Luber Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2020
Sold by
2243 South Clayton Llc
Bought by
2243 South Clayton Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2012
Sold by
Betsill David M and Betsill Mary Kane
Bought by
2243 South Clayton Llc

Purchase Details

Closed on
Oct 5, 2005
Sold by
Bossert Annette I
Bought by
Betsill David M and Betsill Mary Kane

Purchase Details

Closed on
Apr 20, 2001
Sold by
Branan Heather E
Bought by
Bossert Annette I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.62%

Purchase Details

Closed on
May 28, 1998
Sold by
Guild Heather and Branan Kevin
Bought by
Branan Heather E and Branan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,800
Interest Rate
6.87%

Purchase Details

Closed on
Jul 3, 1996
Sold by
Buchenau Michael J and Buchenau Lynne M
Bought by
Guild Heather and Branan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,200
Interest Rate
8.02%

Purchase Details

Closed on
Jun 5, 1995
Sold by
Welch Kevin J and Welch Mary S
Bought by
Buchenau Michael J and Buchenau Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.2%

Purchase Details

Closed on
Oct 19, 1993
Sold by
Robert Crook J and Robert Julie J
Bought by
Welch Kevin J and Sommerville Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.87%
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
Chapman Eric L $3,825,000 Fitco
Steven Luber Custom Homes Inc $730,000 Land Title Guarantee Co
2243 South Clayton Llc -- Land Title Guarantee Co
2243 South Clayton Llc -- None Available
Betsill David M $459,000 North American Title Company
Bossert Annette I $391,000 --
Branan Heather E -- --
Guild Heather $211,500 --
Buchenau Michael J $189,500 --
Welch Kevin J $154,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Eric L $1,450,000
Closed Chapman Eric L $1,700,000
Previous Owner Steven Luber Custom Homes Inc $1,668,200
Previous Owner Steven Luber Custom Homes Inc $584,000
Previous Owner Bossert Annette I $150,000
Previous Owner Bossert Annette I $304,000
Previous Owner Branan Heather E $165,800
Previous Owner Guild Heather $169,200
Previous Owner Buchenau Michael J $142,000
Previous Owner Welch Kevin J $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $3,825,000 -4.3% $628 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $3,995,000 -2.6% $656 / Sq Ft
11/19/2022 11/19/22 For Sale $4,100,000 -- $674 / 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 $13,270 $167,540 $48,940 $118,600
2023 $12,982 $167,540 $48,940 $118,600
2022 $6,286 $79,050 $44,660 $34,390
2021 $3,547 $47,540 $45,950 $1,590
2020 $3,576 $48,200 $43,390 $4,810
2019 $3,476 $48,200 $43,390 $4,810
2018 $3,714 $48,010 $41,130 $6,880
2017 $3,703 $48,010 $41,130 $6,880
2016 $3,473 $42,590 $32,684 $9,906
2015 $3,327 $42,590 $32,684 $9,906
2014 $2,914 $35,080 $21,317 $13,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7155773

REcolorado®

APN: 5252-24-014