NOT LISTED FOR SALE

Estimated Value: $3,200,000 - $4,146,000

5 Beds
5.5 Baths
5,213 Sq Ft
$702/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $4,025,000 $772 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $21,034/month

47 Days on Market

Highlights

  • Steam Room
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • University Park Elementary School Rated A-
  • Green Roof
  • Contemporary Architecture

About This Home

As of June 2024

Welcome home to 2260 S Madison St. This luxury home, nestled in the serene enclave of Observatory Park, exudes elegance and sophistication. Greeted by an exterior facade enveloped in timeless limestone, exuding a sense of grandeur and permanence. The home sits on an 11,200 sqft lot that offers endless outdoor space for entertaining, playing, or building out your private urban oasis. With five bedrooms and six bathrooms spread over 5,213 sqft of meticulously crafted living space, this home offers ample room for comfortable living and relaxing. Upon entering, you are greeted by a stunning foyer adorned with intricate millwork, a spiral staircase, and a grand chandelier, setting the tone for the luxury that awaits within. The main floor bedroom is wrapped in stunning gold-cracked wallpaper and can easily be turned into an office or formal dining room. The heart of the home is the warm and inviting eat-in kitchen, flooded with natural light that streams through large windows. Equipped with Thermodore appliances and ample counter space, it is a chef's delight and a gathering place for family and friends. The back pantry and modern mudroom are connected just steps away. On the second level, the primary bedroom is a sanctuary of opulence, featuring a lavish 5-piece bathroom complete with a rejuvenating steam shower, indulgent soaking tub, and a spacious walk-in closet designed to accommodate even the most extensive wardrobe collection. The second level also features two additional bedrooms (one ensuite) and a large laundry room. The expansive backyard offers a private retreat, perfect for outdoor gatherings or simply basking in the tranquility of nature. Adding to the allure is a brand new 3-car oversized garage, providing convenience and security for vehicles and storage. This completely remodeled luxury home has everything NEW, including plumbing, sewer lines, electrical, windows, and HVAC. This home is the epitome of upscale living and unparalleled modern comforts.

Last Agent to Sell the Property

Brandon Kass

RE/MAX Professionals Brokerage Email: kass.brandon@gmail.com,319-594-2976 License #100091755 Listed on: 03/29/2024

RE/MAX Professionals

Last Buyer's Agent

Kristen Crabtree

Compass - Denver License #40031804

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,206

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Many Trees
  • Private Yard
  • Property is zoned U-SU-C

Parking

  • 3 Car Garage
  • Lighted Parking
  • Dry Walled Garage
  • Smart Garage Door
  • Exterior Access Door

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 4 Fireplaces
  • Recreation Room
  • Steam Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Smart Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Stubbed For A Bathroom
  • 1 Bedroom in Basement
  • Crawl Space
  • Natural lighting in basement

Home Security

  • Home Security System
  • Smart Thermostat
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat
  • Smart Irrigation

Outdoor Features

  • Covered patio or porch
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

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 in Garage
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Garage doors are at least 85 inches wide
  • Ground Level

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Personal property and staging furniture.
  • Assessor Parcel Number 5251-21-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,206

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 4319
  • Entry Location: Ground
  • Exclusions: Personal property and staging furniture.
  • Living Area: 5213
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Observatory Park
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2024-03-29
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.89464
  • Attribution Contact: kass.brandon@gmail.com,319-594-2976
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Smart Appliances, Washer, Wine Cooler
  • Fireplaces: 4
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Pantry, Primary Suite, Quartz Counters, Smart Thermostat, Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Bedroom, Gas, Living Room, Other, Primary Bedroom, Recreation Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Bath/Stubbed, Crawl Space, Daylight, Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 894
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Spa Features: Steam Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation Details: Structural
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Fire Pit, Gas Valve, Lighting, Private Yard, Rain Gutters, Smart Irrigation
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Alley Paved

Garage/Parking

  • Parking Features: 220 Volts, Concrete, Dry Walled, Exterior Access Door, Finished, Lighted, Oversized, Oversized Door, Smart Garage Door
  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Radiant Floor
  • Electric: 110V
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Security System

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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Horses: No
  • Parcel Number: 5251-21-007
  • Lot Size Acres: 0.26
  • Fencing: Full
  • Building Area Total: 5213
  • Lot Features: Level, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 11200
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Energy Efficient: Appliances, Construction, HVAC, Insulation, Roof, Thermostat, Windows

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7206

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 13, 2024
Sold by
5280 Capital Partners Llc
Bought by
Marranzino Family Trust
Seller's Agent
Brandon Kass
RE/MAX Professionals
Buyer's Agent
Kristen Crabtree
Compass - Denver
List Price
$4,499,000
Sold Price
$4,025,000
Premium/Discount to List
-$474,000
-10.54%
Views
79
Current Estimated Value
$3,660,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$364,558
Avg. Annual Appreciation
-8.49%

Purchase Details

Closed on
Feb 11, 2022
Sold by
Kay Ingram Mary
Bought by
5280 Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 31, 2014
Sold by
Degner Renee and Degner Gerik
Bought by
Ingram Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Sumbler J Thomas and Geary Sumbler Gretchen
Bought by
Degner Renee and Degner Gerik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,150
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 2002
Sold by
Sumbler J Thomas and Geary Gretchen
Bought by
Sumbler J Thomas and Geary Sumbler Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
6.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2001
Sold by
Bonertz Cecilia
Bought by
Sumbler J Thomas and Geary Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
7.2%
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
Marranzino Family Trust $4,025,000 Exact Title
5280 Capital Partners Llc $1,840,000 New Title Company Name
Ingram Mary Kay $955,000 Stewart Title
Degner Renee $810,000 --
Sumbler J Thomas -- First American Heritage Titl
Sumbler J Thomas $419,000 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5280 Capital Partners Llc $450,000
Previous Owner 5280 Capital Partners Llc $1,980,000
Previous Owner Ingram Mary Kay $655,000
Previous Owner Degner Gerik M $131,150
Previous Owner Degner Gerik $81,150
Previous Owner Degner Renee $647,850
Previous Owner Sumbler J Thomas $650,000
Previous Owner Sumbler J Thomas $612,500
Previous Owner Sumbler J Thomas $84,000
Previous Owner Sumbler J Thomas $335,200
Previous Owner Degner Gerik M $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $4,025,000 -7.4% $772 / Sq Ft
05/07/2024 05/07/24 Price Changed $4,349,000 -3.3% $834 / Sq Ft
03/29/2024 03/29/24 For Sale $4,499,000 -- $863 / 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 $9,123 $115,180 $101,630 $13,550
2023 $8,925 $115,180 $101,630 $13,550
2022 $7,206 $90,610 $71,570 $19,040
2021 $6,956 $93,220 $73,630 $19,590
2020 $5,905 $79,590 $50,380 $29,210
2019 $5,740 $79,590 $50,380 $29,210
2018 $6,053 $78,240 $50,730 $27,510
2017 $6,035 $78,240 $50,730 $27,510
2016 $6,706 $82,240 $30,200 $52,040
2015 $6,425 $82,240 $30,200 $52,040
2014 $4,586 $55,220 $23,235 $31,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3033084

REcolorado®

APN: 5251-21-007