NOT LISTED FOR SALE

Estimated Value: $736,320 - $1,416,000

2 Beds
1 Bath
757 Sq Ft
$1,377/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $975,000 $1,288 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,863/month

1 Day on Market

Highlights

  • No HOA
  • 1-Story Property
  • Family Room
  • University Park Elementary School Rated A-
  • Forced Air Heating System
  • West Facing Home

About This Home

As of June 2023

Investors, Developers, and Builders this is an extremely rare opportunity to buy 2 lots next to each other on one of the best blocks in Observatory Park. 2450 & 2460 S Steele Street are both on the market and can be purchased individually or separate. The best use for 2450 is to sell for land value only, however 2460 was updated in 1999 with an addition and could be rented while you wait for permits. This home has a fantastic interior middle of the block location on an extremely quite street that dead ends at University Park Elementary. This home is NOT located in the flood plain and the lot size is 6370 square feet with back alley access. Recently completed homes in this area have sold as high as 4.7 million but the value of both lots together in this location will give someone the oppurtunity to build a very special home.

Last Agent to Sell the Property

Wadsworth Property Group

The Agency - Denver Listed on: 03/27/2023

Co-Listed By

Nicole Wadsworth

The Agency - Denver License #40045298

Last Buyer's Agent

Elise LoSasso

The Agency - Denver License #100071652

The Agency - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1951

Lot Details

  • 6,370 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned E-SU-DX

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 757 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Crawl Space
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • University Park Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Seller`s personal property.
  • Assessor Parcel Number 5254-07-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,224

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 757
  • Exclusions: Seller`s personal property.
  • Living Area: 757
  • Property Condition: Fixer
  • SubdivisionName: Observatory Park
  • Co List Office Mls Id: REC08435
  • Co List Office Phone: 303-331-1400
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-04-01
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Frame
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • 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: Merrill

Lot Info

  • Parcel Number: 5254-07-010
  • Lot Size Acres: 0.15
  • Fencing: Full
  • Building Area Total: 757
  • Lot Features: Level
  • Lot Size Sq Ft: 6370
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3224

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
May 3, 2023
Sold by
Marcia Scofield Trust
Bought by
Plp Holdings Llc
Seller's Agent
Wadsworth Property Group
The Agency - Denver
Buyer's Agent
Elise LoSasso
The Agency - Denver
List Price
$895,000
Sold Price
$975,000
Premium/Discount to List
$80,000
8.94%
Views
33
Current Estimated Value
$1,042,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,580
Avg. Annual Appreciation
2.91%
Original Mortgage
$1,312,950
Outstanding Balance
$1,276,707
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$234,127

Purchase Details

Closed on
Jan 23, 2013
Sold by
Scofield Marcia A
Bought by
Marcia Scofield Trust
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
Plp Holdings Llc $975,000 First American Title
Marcia Scofield Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plp Holdings Llc $1,312,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $975,000 +8.9% $1,288 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $895,000 -- $1,182 / 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 $3,768 $47,580 $43,110 $4,470
2023 $3,687 $47,580 $43,110 $4,470
2022 $3,339 $41,990 $41,920 $70
2021 $3,224 $43,200 $43,130 $70
2020 $2,716 $36,600 $34,050 $2,550
2019 $2,639 $36,600 $34,050 $2,550
2018 $2,128 $27,500 $27,430 $70
2017 $2,121 $27,500 $27,430 $70
2016 $2,067 $25,350 $25,273 $77
2015 $1,981 $25,350 $25,273 $77
2014 $1,713 $20,630 $18,953 $1,677
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3529130

REcolorado®

APN: 5254-07-010