NOT LISTED FOR SALE

Estimated Value: $766,000 - $884,000

6 Beds
3 Baths
2,236 Sq Ft
$366/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $745,000 $333 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,880/month

112 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Front Porch
  • Asbury Elementary School Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2023

This is the perfect asset for any investor. This six-bedroom, three-bathroom house is currently leased through July 31, 2024 at $4050 per month. The highly desirable DU location makes this house a very easy rental that provides consistent returns. With two large bedrooms, one bathroom, living room, and an eat-in kitchen on the main floor, plus three bedrooms, one bathroom, living room, and laundry in the basement, this home lives large and can easily accommodate multiple students or a large family. The upper level of the house is a one-bedroom, one-bathroom apartment with its own kitchen. The huge front and back yard have a ton of potential for gorgeous curb appeal and enjoying Colorado outdoors.

Last Agent to Sell the Property

Tim Klos

Klos Real Estate Services Brokerage Email: TKLOS@KLOSREALESTATE.COM,(303) 860-7500 License #001134745 Listed on: 07/22/2023

Last Buyer's Agent

Tim Klos

Klos Real Estate Services Brokerage Email: TKLOS@KLOSREALESTATE.COM,(303) 860-7500 License #001134745 Listed on: 07/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 1952

Lot Details

  • 6,250 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Lighted Parking
  • Exterior Access Door

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Front Porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • University Subdivision

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tenant pays for cable TV, electricity, gas, grounds care, internet, telephone, trash collection, water
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 5262-30-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,716

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1361
  • Entry Location: Exterior Access
  • Exclusions: Tenants Personal Property
  • Living Area: 2236
  • Directions: South on Downing to Warren Avenue, turn east on Iliff. Iliff to Gilpin, north on Gilpin. Second house on the east side of the street.
  • SubdivisionName: University
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 97.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.90865
  • Attribution Contact: TKLOS@KLOSREALESTATE.COM,(303) 860-7500
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, In-Law Floor Plan
  • Flooring: Carpet, Linoleum, Vinyl, Wood
  • Basement: Finished, Full
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 875
  • Entry Level: 1

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Parking Features: Exterior Access Door, Lighted
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s), Smoke 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: Grant

Lot Info

  • Parcel Number: 5262-30-024
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 2333
  • Lot Features: Landscaped, Level, Many Trees, Near Public Transit
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Insurance, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3716

MLS Schools

  • Elementary School: Asbury
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Dec 7, 2023
Sold by
Lausier Fredric and Lausier Renee
Bought by
2282 South Gilpin Street Llc
Seller's Agent
Tim Klos
Klos Real Estate Services
Buyer's Agent
Tim Klos
Klos Real Estate Services
List Price
$819,900
Sold Price
$745,000
Premium/Discount to List
-$74,900
-9.14%
Views
208
Current Estimated Value
$817,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,821
Avg. Annual Appreciation
6.20%

Purchase Details

Closed on
Sep 4, 2003
Sold by
Arkell Jeff
Bought by
Prudential Residential Services Lp

Purchase Details

Closed on
Aug 5, 2003
Sold by
Fisher Karen J
Bought by
Mason Karen J

Purchase Details

Closed on
Jul 31, 2003
Sold by
Caulfield Joan A
Bought by
Mason Karen J

Purchase Details

Closed on
May 20, 2003
Sold by
Mason Karen J
Bought by
Arkell Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2003
Sold by
Prudential Residential Services Lp
Bought by
Lausier Fredric and Lausier Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2000
Sold by
Caulfield Joan A and Mason Karen J
Bought by
Mason Karen J

Purchase Details

Closed on
Oct 24, 1997
Sold by
Weil Gary L
Bought by
Fisher Karen J and Caulfield Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,280
Interest Rate
7.33%
Source: Public Records

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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
2282 South Gilpin Street Llc $745,000 Mountain States Title
Prudential Residential Services Lp $321,500 Chicago Title Co
Mason Karen J -- First American Heritage Titl
Mason Karen J -- First American Heritage Titl
Arkell Jeff $329,900 First American Heritage Titl
Lausier Fredric $300,000 Chicago Title Co
Mason Karen J -- --
Fisher Karen J $149,100 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arkell Jeff $322,500
Previous Owner Lausier Fredric $240,000
Previous Owner Fisher Karen J $119,280
Closed Lausier Fredric $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $745,000 -3.9% $333 / Sq Ft
11/07/2023 11/07/23 Price Changed $775,000 -1.9% $347 / Sq Ft
08/28/2023 08/28/23 Price Changed $790,000 -3.6% $353 / Sq Ft
07/23/2023 07/23/23 For Sale $819,900 -- $367 / 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 $3,886 $49,070 $38,170 $10,900
2023 $3,802 $49,070 $38,170 $10,900
2022 $3,716 $46,730 $28,220 $18,510
2021 $3,587 $48,070 $29,030 $19,040
2020 $3,179 $42,840 $22,330 $20,510
2019 $3,089 $42,840 $22,330 $20,510
2018 $2,666 $34,460 $20,240 $14,220
2017 $2,658 $34,460 $20,240 $14,220
2016 $2,463 $30,200 $17,401 $12,799
2015 $2,359 $30,200 $17,401 $12,799
2014 $2,075 $24,980 $9,942 $15,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4762436

REcolorado®

APN: 5262-30-024