NOT LISTED FOR SALE

Estimated Value: $2,056,000 - $2,990,000

5 Beds
3.5 Baths
4,813 Sq Ft
$512/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $2,800,000 $582 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $14,017/month

3 Days on Market

Highlights

  • Dining Room with Fireplace
  • Traditional Architecture
  • Bonus Room
  • University Park Elementary School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of May 2023

Everything was extremely well thought out and beautifully executed in this exceptional traditional-style home. Constructed with high-quality materials by Chalet in 2014 on a sprawling 7500 sq ft lot on a quiet, tree-lined street, this fantastic property is filled with tasteful finishes and luxurious details (like the incredible millwork!) that will surely impress and delight even the most demanding buyer. Entering through the vestibule with a marble mosaic floor sets the tone for the rest of the property. With five bedrooms, a fully finished basement, a finished attic, three full bathrooms, and one-half bath, it offers plenty of space to satisfy all your lifestyle needs. The kitchen is as beautiful as it is practical. With abundant storage in its ample cabinetry, modern appliances, and plenty of countertop space, it is truly a home chef's dream. Adjacent to it, you will pass through the butler's pantry to the dining room which is ideal for enjoying a lovely meal. The open-concept family room, kitchen, and breakfast area offer a floor plan that many enjoy these days. There are sophisticated fireplaces in the living room, dining room, and family room, that provide warmth and elegance to the space. The bedrooms are spacious and extremely comfortable, true havens of rest and relaxation from the outside world. On top of that, the bathrooms will make you feel like you're staying at a high-end resort. In the basement, you'll find a game room with a wet bar, perfect for spending leisure time with your friends and family. There's also a flexible room that could be used as a fitness room, home office, at-home art studio, or theatre room - the potential is endless! Other features of this lovely home include a fully finished attic for extra flex space. Ideally located, you'll be close to parks, so you can be in contact with nature to enjoy leisure time. Restaurants, cafes, shops, and plenty of other conveniences and amenities are also within close proximity to the property.

Last Agent to Sell the Property

Stock Jonekos

Kentwood Real Estate Cherry Creek License #040005392 Listed on: 04/14/2023

Kentwood Real Estate Cherry Creek

Last Buyer's Agent

Ian Wolfe

LIV Sotheby's International Realty License #40028470

LIV Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,462

Year Built

  • Built in 2014

Lot Details

  • 7,500 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned U-SU-C

Parking

  • 2 Car Garage
  • Exterior Access Door

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Bonus Room
  • Game Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Kitchen Island
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Bedroom in Basement
  • 2 Bedrooms in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Seller`s Personal Property
  • Assessor Parcel Number 5253-11-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,462

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 3413
  • Exclusions: Seller`s Personal Property
  • Living Area: 4813
  • SubdivisionName: Observatory Park
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 264.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Fireplaces: 3
  • Interior Amenities: Breakfast Nook, Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Kitchen Island, Pantry, Smoke Free, Utility Sink, Walk-In Closet(s)
  • Flooring: Carpet, Stone, Wood
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1400
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: West
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Gas Valve, Rain Gutters
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Parking Features: Concrete, Exterior Access Door
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • 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

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5253-11-009
  • Lot Size Acres: 0.17
  • Fencing: Full
  • Building Area Total: 5077
  • Lot Features: Level
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9462

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 5, 2023
Sold by
Lavender Michael
Bought by
Billigmeier Ashley S and Billigmeier Steven J
Seller's Agent
Stock Jonekos
Kentwood Real Estate Cherry Creek
Buyer's Agent
Ian Wolfe
LIV Sotheby's International Realty
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%
Total Days on Market
3
Views
17
Current Estimated Value
$2,463,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$336,384
Avg. Annual Appreciation
-5.94%

Purchase Details

Closed on
Oct 31, 2013
Sold by
Slater Matthew G
Bought by
Lavender Michael and Lavender Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,248
Interest Rate
4.25%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Billigmeier Ashley S $2,800,000 Fitco
Lavender Michael $475,000 Assured Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lavender Michael $1,000,000
Previous Owner Lavender Michael $991,248
Previous Owner Slater Matthew G $111,300
Previous Owner Slater Matthew G $110,700
Previous Owner Slater Matthew G $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $2,800,000 -1.8% $582 / Sq Ft
04/22/2023 04/22/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $2,850,000 -- $592 / 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 $11,312 $142,830 $48,940 $93,890
2023 $11,067 $142,830 $48,940 $93,890
2022 $9,801 $123,250 $44,660 $78,590
2021 $9,462 $126,800 $45,950 $80,850
2020 $7,854 $105,850 $43,390 $62,460
2019 $7,633 $105,850 $43,390 $62,460
2018 $7,987 $103,240 $41,130 $62,110
2017 $7,963 $103,240 $41,130 $62,110
2016 $7,391 $90,640 $32,684 $57,956
2015 $7,081 $90,640 $32,684 $57,956
2014 $1,771 $21,900 $21,317 $583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9969135

REcolorado®

APN: 5253-11-009