NOT LISTED FOR SALE

Estimated Value: $649,591 - $681,000

6 Beds
2 Baths
2,334 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $680,000 $291 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,813/month

1 Day on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Heating System Uses Steam
  • 1-Story Property
  • Ceiling Fan
  • Level Lot

About This Home

As of May 2024

Welcome to this exceptional duplex investment opportunity located in Barnum. Unit 240 is vacant and ready for immediate viewing, presenting an excellent chance for prospective investors or owner-occupiers. Unit 240: Recently renovated with new flooring and paint throughout. Move-in ready condition, ideal for attracting tenants or to personally move in and house-hack. Potential rental income of $2600 per month in line with market rates, offering lucrative returns. Please see supplements for Rentometer report with rental comps. Unit 242: Currently leased through July 31, 2024, generating a stable monthly income of $2149. Provides immediate income for investors, ensuring a steady cash flow. Value add potential to increase rents to market rent at $2600/mo when the tenants lease is up this summer. This unit was fully remodeled prior to placing the tenants. This duplex investment presents a compelling opportunity for investors seeking income generation and capital appreciation in the vibrant Barnum neighborhood. Don't miss out on the chance to capitalize on this promising investment - schedule your showing of Unit 240 today! Showings on 242 when an offer is in hand.

Last Agent to Sell the Property

Amy Bergan

Real Broker, LLC DBA Real Brokerage Email: amy@berganhomes.com,303-859-5665 License #100073826 Listed on: 04/03/2024

Real Broker, LLC DBA Real

Last Buyer's Agent

The Thayer Group

Keller Williams Action Realty LLC

Keller Williams Action Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 2001

Lot Details

  • 6,250 Sq Ft Lot
  • Level Lot
  • Property is zoned E-SU-D1X

Parking

  • 4 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,334 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Barnum Elementary School
  • Strive Westwood Middle School
  • Southwest Early College High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Steam
  • Cable TV Available

Community Details

  • No Home Owners Association
  • P T Barnums Sub Subdivision

Listing and Financial Details

  • Exclusions: Unit 242: Tenant's personal property
  • Assessor Parcel Number 5083-30-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 2334
  • Exclusions: Unit 242: Tenant's personal property
  • Living Area: 2334
  • SubdivisionName: P T Barnums Sub
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.97842
  • Attribution Contact: amy@berganhomes.com,303-859-5665
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 6
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 6

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Steam
  • Water Source: Public
  • Laundry Features: In Unit

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: Strive Westwood

Lot Info

  • Parcel Number: 5083-30-023
  • Lot Size Acres: 0.14
  • Building Area Total: 2334
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2639

MLS Schools

  • Elementary School: Barnum
  • High School: Southwest Early College

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 8, 2024
Sold by
Banana Stand 1 Llc
Bought by
Harris Lorenzo
Seller's Agent
Amy Bergan
Real Broker, LLC DBA Real
Buyer's Agent
The Thayer Group
Keller Williams Action Realty LLC
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%
Total Days on Market
1
Views
29
Current Estimated Value
$665,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,704
Avg. Annual Appreciation
-2.04%
Original Mortgage
$464,000
Outstanding Balance
$459,514
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$205,782

Purchase Details

Closed on
Sep 15, 2020
Sold by
Stone Jamie
Bought by
Banana Stand 1 Llc

Purchase Details

Closed on
Apr 10, 2008
Sold by
Gmac Mortgage Llc
Bought by
Stone Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,154
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 12, 2008
Sold by
Denny Raquel R and Denny George E
Bought by
Gmac Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,154
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 12, 2006
Sold by
Denny Steve G
Bought by
Denny George E and Denny Raquel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 2005
Sold by
Denny George E and Denny Raquel R
Bought by
Denny Steve G
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
Harris Lorenzo $680,000 Land Title
Banana Stand 1 Llc -- None Available
Stone Jamie $177,000 None Available
Gmac Mortgage Llc -- None Available
Denny George E -- None Available
Denny Steve G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Lorenzo $464,000
Previous Owner The Jamie A Stone Revocable Trust $80,000
Previous Owner Stone Jamie $143,500
Previous Owner Stone Jamie $140,154
Previous Owner Denny George E $296,000
Previous Owner Denny Raquel R $35,000
Previous Owner Denny Raquel R $252,900
Previous Owner Denny Raquel R $247,600
Previous Owner Rucker Hagstrom Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $680,000 -2.2% $291 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $695,000 -- $298 / 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 $3,384 $42,730 $6,780 $35,950
2023 $3,311 $42,730 $6,780 $35,950
2022 $2,639 $33,190 $6,790 $26,400
2021 $2,604 $34,900 $7,140 $27,760
2020 $2,089 $28,150 $5,810 $22,340
2019 $2,030 $28,150 $5,810 $22,340
2018 $2,165 $27,980 $5,400 $22,580
2017 $2,158 $27,980 $5,400 $22,580
2016 $1,373 $16,840 $4,474 $12,366
2015 $1,316 $16,840 $4,474 $12,366
2014 $1,275 $15,350 $2,985 $12,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9464680

REcolorado®

APN: 5083-30-023