NOT LISTED FOR SALE

Estimated Value: $563,256 - $633,000

6 Beds
2 Baths
2,047 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $550,000 $269 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,434/month

4 Days on Market

Highlights

  • Private Yard
  • Forced Air Heating System
  • East Facing Home
  • No HOA
  • High Speed Internet
  • Property is Fully Fenced

About This Home

As of August 2021

Terrific opportunity to own a great triplex investment property in central Denver. One unit is an updated 3 bdrm/1bath with brand new flooring and upgraded interior--photos 13-17. The other two upstairs units are large 1 bdrm/1 bath units.--photos 8-12. Recent upgrades include--

New electrical panels in all 3 units--2021.
New electrical boxes outside all 3 units--2020
New piping throughout all 3 units--2020
Back flow install on main water line--2019
New water heater, unit 237--2018
New roof and gutters--2017
New water heater, unit 235--2016
New furnaces, all 3 units--2015

Property is fully leased and occupied by long term tenants with leases due to expire at the end of August. A large, open area above the comfortable and secluded back yard in the rear of the property offers ample additional space for storage, even an additional storage shed or two.

Out of respect for the current tenants and their privacy, no showings will be allowed until a valid offer has been made and accepted.

Last Agent to Sell the Property

Michael Murphy

Atlas Real Estate Group License #100090543 Listed on: 07/08/2021

Last Buyer's Agent

Lisa Schoen

Khaya Real Estate LLC License #100081454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1948

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Home Design

  • Triplex
  • Composition Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Bedrooms
  • 2,047 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Paved Parking

Schools

  • Munroe Elementary School
  • Compass Academy Middle School
  • West High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alameda Heights Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for cable TV, electricity, gas, internet, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 5085-23-054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 2047
  • Exclusions: Tenant's personal property
  • Living Area: 2047
  • SubdivisionName: Alameda Heights
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 6

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Concrete, Stucco
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • 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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Compass Academy

Lot Info

  • Parcel Number: 5085-23-054
  • Lot Size Acres: 0.15
  • Fencing: Full
  • Building Area Total: 2047
  • Lot Features: Level
  • Lot Size Sq Ft: 6750
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1856

MLS Schools

  • Elementary School: Munroe
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Kershow Nicholas B
Bought by
233 S Eliot Street Llc
Current Estimated Value
$598,128

Purchase Details

Listed on
Jul 8, 2021
Closed on
Aug 17, 2021
Sold by
New Direction Ira Inc
Bought by
Kershow Nicholas B
Seller's Agent
Michael Murphy
Atlas Real Estate Group
Buyer's Agent
Lisa Schoen
Khaya Real Estate LLC
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$412,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Dwift Judith E
Bought by
New Directio Ira Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,550
Interest Rate
4.15%
Mortgage Type
New Conventional
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
233 S Eliot Street Llc -- None Listed On Document
Kershow Nicholas B $550,000 First Integrity Title
New Directio Ira Inc $207,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kershow Nicholas B $412,500
Previous Owner New Directio Ira Inc $134,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $550,000 0.0% $269 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $550,000 -- $269 / 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 $3,115 $39,330 $5,180 $34,150
2023 $3,048 $39,330 $5,180 $34,150
2022 $2,711 $34,090 $9,000 $25,090
2021 $2,674 $35,840 $9,460 $26,380
2020 $1,910 $25,740 $6,620 $19,120
2019 $1,856 $25,740 $6,620 $19,120
2018 $1,585 $20,490 $6,670 $13,820
2017 $1,580 $20,490 $6,670 $13,820
2016 $1,438 $17,640 $5,795 $11,845
2015 $1,378 $17,640 $5,795 $11,845
2014 $1,242 $14,950 $3,160 $11,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3410541

REcolorado®

APN: 5085-23-054