NOT LISTED FOR SALE

Estimated Value: $887,844 - $934,000

3 Beds
3 Baths
2,225 Sq Ft
$409/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $923,400 $415 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,278/month

13 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Walk-In Closet
  • Cathedral Ceiling
  • Brick Veneer
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Renovated and updated Turn of the Century triplex located in Whittier with excellent rental history. The property is a wonderful mix of charm and modern conveniences and is truly a turnkey investment opportunity. Located near RiNo, Larimer Street, ballpark, City Park, Light Rail etc. Since purchasing the property, the owners have replaced all the windows, replumbed the building adding separate shut-offs for each unit, updated electrical, replaced hot water heaters with two high-efficiency units, re-engineered entire HVAC system for multi-zone efficiency/comfort, added A/C, gutted and rebuilt Unit 3 flat, added 2 commercial coin-operated washer and dryers, and many more improvements. Surrounded by updated single-family homes w/ ample street parking and a dedicated on-property parking space for Unit 3. All 3 units are currently rented to excellent long-term tenants who would like to stay. Units 1 and 2 are on month-to-month leases and Unit 3 converts to month-to-month at end of Nov 2021.

Last Agent to Sell the Property

Christine Cavalier

Compass - Boulder Listed on: 06/03/2021

Compass - Boulder

Co-Listed By

Kelly McBartlett

Compass - Boulder

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1892

Lot Details

  • 3,750 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,225 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Schools

  • Whittier Elementary And Middle School
  • Manual High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Additional Features

  • Outbuilding
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 235217004

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Schinner's Subdivision

Building Details

  • Gross Income $54,600
  • Net Operating Income $45,291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,740

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Year Built: 1892
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 9GRPN
  • Subdivision Name: Schinner's
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2225
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Crawl Space
  • Total Bedrooms: 3
  • Interior Amenities: High Speed Internet, Cathedral/Vaulted Ceilings, Walk-In Closet(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Sidewalks, Level, Historic District
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Other Structures: Outbuildings
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Denver Water

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Whittier
  • HighSchool: Manual
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Whittier

Lot Info

  • Zoning: U-SU-B1
  • Lot Size Sq Ft: 3750
  • Parcel #: 235217004
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2740

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 54600
  • Annual Operating Expense: 9309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 19, 2021
Sold by
Vancampen George Harold and Vancampen Van Campen
Bought by
Zeimer Hilary Rose
Seller's Agent
Christine Cavalier
Compass - Boulder
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$975,000
Sold Price
$923,400
Premium/Discount to List
-$51,600
-5.29%
Current Estimated Value
$910,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,689
Avg. Annual Appreciation
-0.33%
Original Mortgage
$738,720
Outstanding Balance
$673,764
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$236,947

Purchase Details

Closed on
Aug 3, 2012
Sold by
Bank Of New York Mellon
Bought by
Vancampen George Harold and Van Campen Thea Miller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Bolden Damon E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 3, 1996
Sold by
Remy Thomas B and Remy Gloria J
Bought by
Bolden Damon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,836
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1995
Sold by
Lewis Carol M and Davis Theressa
Bought by
R M Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.77%
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
Zeimer Hilary Rose $923,400 Gtg
Vancampen George Harold $230,000 None Available
The Bank Of New York Mellon -- None Available
Bolden Damon E $95,000 Land Title
R M Ventures Inc $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeimer Hilary Rose $738,720
Previous Owner Vancampen George Harold $172,500
Previous Owner Bolden Damon E $252,000
Previous Owner Bolden Damon E $20,000
Previous Owner Bolden Damon E $242,250
Previous Owner Bolden Damon E $183,000
Previous Owner Bolden Damon E $168,000
Previous Owner Bolden Damon E $140,000
Previous Owner Bolden Damon E $124,000
Previous Owner Bolden Damon E $94,836
Previous Owner Remy Thomas B $74,000
Previous Owner Remy Thomas B $11,342
Previous Owner R M Ventures Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Off Market $923,400 -- --
07/19/2021 07/19/21 Sold $923,400 -5.3% $415 / Sq Ft
06/03/2021 06/03/21 For Sale $975,000 -- $438 / Sq Ft
Source: IRES MLS

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 $5,109 $64,500 $20,070 $44,430
2023 $4,998 $64,500 $20,070 $44,430
2022 $3,338 $41,970 $22,840 $19,130
2021 $3,338 $44,130 $24,020 $20,110
2020 $2,819 $38,000 $17,350 $20,650
2019 $2,740 $38,000 $17,350 $20,650
2018 $2,038 $26,340 $17,470 $8,870
2017 $2,032 $26,340 $17,470 $8,870
2016 $2,114 $25,920 $8,915 $17,005
2015 $2,025 $25,920 $8,915 $17,005
2014 $1,572 $18,930 $6,241 $12,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 942033

IRES MLS

APN: 2352-17-004