NOT LISTED FOR SALE

240 Balsam Ave Brighton, CO 80601

Estimated Value: $415,000 - $502,286

5 Beds
3 Baths
2,184 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $520,000 $238 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,625/month

1 Day on Market

Highlights

  • No HOA
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage

About This Home

As of February 2024

Welcome to this beautifully remodeled 5 bedroom 3 bathroom home with amazing renting potential. The home is new from top to bottom. With new AC, new kitchen cabinets, new appliances, new flooring, new interior and exterior painting, new remodeled bathrooms. Home has private access to basement. The basement also has a wet bar and laundry hook ups. Come check this one out!

Last Agent to Sell the Property

Roxana Dominguez

HomeSmart Realty Brokerage Email: rdominguezrea@gmail.com,720-964-6061 License #100081751 Listed on: 02/04/2024

HomeSmart Realty

Last Buyer's Agent

Mirna Herrera

Keller Williams Realty Downtown LLC License #100084694

Keller Williams Realty Downtown LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 7,000

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • 2 Bedrooms in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • South Elementary School
  • Vikan Middle School
  • Brighton High School

Additional Features

  • 7,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Brighton Terrace Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal property and all staging items.
  • Property held in a trust
  • Assessor Parcel Number R0004050

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 1971 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 1092
  • Exclusions: Sellers personal property and all staging items.
  • Living Area: 2184
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Brighton Terrace
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.04021
  • Attribution Contact: rdominguezrea@gmail.com,720-964-6061
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Basement: Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1092
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 2
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • 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
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Vikan

Lot Info

  • Parcel Number: R0004050
  • Lot Size Acres: 0.16
  • Building Area Total: 2184
  • Lot Size Sq Ft: 7000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2457

MLS Schools

  • Elementary School: South
  • High School: Brighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2024
Closed on
Feb 28, 2024
Sold by
Investment Corporation Inc
Bought by
Martinez Alexis and Mejorada-Gutierrez Johana
Seller's Agent
Roxana Dominguez
HomeSmart Realty
Buyer's Agent
Mirna Herrera
Keller Williams Realty Downtown LLC
List Price
$499,900
Sold Price
$520,000
Premium/Discount to List
$20,100
4.02%
Views
106
Current Estimated Value
$456,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,178
Avg. Annual Appreciation
-7.87%
Original Mortgage
$20,423
Outstanding Balance
$8,574
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$448,248

Purchase Details

Listed on
Sep 10, 2023
Closed on
Sep 28, 2023
Sold by
United Colorado Llc
Bought by
Investment Corporation Inc
Seller's Agent
Sheila Hollister
DAY AND COMPANY INC
Buyer's Agent
Zach Blake
New Western Acquisitions
List Price
$400,000
Sold Price
$356,100
Premium/Discount to List
-$43,900
-10.98%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.32%
Original Mortgage
$444,402
Interest Rate
1.5%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 2, 2015
Sold by
Kovach Kathryn R
Bought by
240 Balsam Llc

Purchase Details

Closed on
Mar 26, 2015
Sold by
Pollard Daniel K
Bought by
240 Balsam Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Alexis $520,000 Land Title
Investment Corporation Inc $350,000 Stewart Title
United Colorado Llc $356,100 Stewart Title
240 Balsam Llc -- None Available
240 Balsam Llc -- None Available
240 Balsam Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alexis $20,423
Open Martinez Alexis $510,581
Previous Owner Investment Corporation Inc $444,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $520,000 +4.0% $238 / Sq Ft
02/05/2024 02/05/24 For Sale $499,900 +40.4% $229 / Sq Ft
09/28/2023 09/28/23 Sold $356,100 -11.0% $195 / Sq Ft View Prior Sale
09/15/2023 09/15/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $400,000 -- $219 / 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 $2,747 $28,940 $5,380 $23,560
2023 $2,734 $28,550 $5,410 $23,140
2022 $2,457 $22,370 $5,420 $16,950
2021 $2,304 $22,370 $5,420 $16,950
2020 $2,092 $21,180 $5,430 $15,750
2019 $2,094 $21,180 $5,430 $15,750
2018 $1,602 $16,200 $5,400 $10,800
2017 $1,600 $16,200 $5,400 $10,800
2016 $1,408 $14,210 $2,630 $11,580
2015 $1,405 $14,210 $2,630 $11,580
2014 $1,064 $10,920 $2,150 $8,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4283885

REcolorado®

APN: 1569-07-2-18-006