NOT LISTED FOR SALE

Estimated Value: $1,719,000 - $2,639,000

5 Beds
4.5 Baths
4,744 Sq Ft
$464/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $2,365,000 $499 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $13,114/month

5 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • University Park Elementary School Rated A-
  • Open Floorplan
  • 5-minute walk to Observatory Park

About This Home

As of May 2023

Spectacular property on one of the best blocks in Observatory Park. From the minute you pull up to this property you will fall in love with the tree lined, quiet block, just steps from Observatory Park and McWilliams Park. This property is loaded with charm and has an amazing floor plan. As you walk in front door, you will be wowed by the vaulted ceilings and grand staircase. The living room with a fireplace, built in bookshelves and china cabinet is a great place to gather with friends. The spacious kitchen with stainless steel Dacor appliances and granite countertops has a large island with an abundance of cabinets. The kitchen is open to the dining room and large family room with a second fireplace and doors leading out to the covered back patio. The main floor study with French doors opening to the front porch is perfect for the buyer who works from home. The upper level has 4 bedrooms. The primary suite is spacious and inviting with space for a reading nook and has a 3rd fireplace. The suite has a 5 piece bathroom with a walk in shower, jetted tub and large walk in closet. Sit and enjoy your cup of coffee on the primary bedroom balcony. There are three secondary bedrooms also located on the upper level. One of the bedrooms has an en suite bath, the other 2 share a bath. The windows in this property are fabulous, there is natural light filling the space throughout the home. The basement offers additional space with a family room, bonus space, 5th bedroom, full bathroom and large storage room (that could be additional finished space). The covered back patio is perfect for entertaining and overlooks the backyard. The outdoor space is peaceful and inviting. There is a detached 3 car garage. Harwood floors were recently refinished and interior was recently painted. The location is amazing, centrally located to Cherry Creek, Tech center, shops, restaurants, light rail and I25. University Park Elementary is a couple of blocks away. Don't miss seeing this amazing home.

Last Agent to Sell the Property

Christine Bond

Coldwell Banker Global Luxury Denver License #100020268 Listed on: 04/12/2023

Coldwell Banker Global Luxury Denver

Last Buyer's Agent

Christopher Bouc

LIV Sotheby's International Realty License #100031115

LIV Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,140

Year Built

  • Built in 2001

Lot Details

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

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Covered patio or porch

Schools

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

Additional Features

  • Smoke Free Home
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • University Park Subdivision

Listing and Financial Details

  • Exclusions: Seller's Personal Property, (hot tub is included)
  • Assessor Parcel Number 5253-13-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,140

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 3583
  • Exclusions: Seller's Personal Property, (hot tub is included)
  • Living Area: 4744
  • SubdivisionName: University Park
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 809.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Washer
  • Fireplaces: 3
  • Interior Amenities: Built-in Features, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bathroom, Jet Action Tub, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1161
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: West
  • Roof: Unknown
  • Construction Materials: Frame, Stone, Stucco
  • Exterior Features: Balcony, Private Yard, Spa/Hot Tub
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

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

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5253-13-011
  • Lot Size Acres: 0.17
  • Fencing: Full
  • Building Area Total: 5553
  • Lot Features: Level
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8140

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 8, 2023
Sold by
Elysabethe F Olmstead Trust
Bought by
Kline Katherine and Kline Andrew
Seller's Agent
Christine Bond
Coldwell Banker Global Luxury Denver
Buyer's Agent
Christopher Bouc
LIV Sotheby's International Realty
List Price
$2,485,000
Sold Price
$2,365,000
Premium/Discount to List
-$120,000
-4.83%
Total Days on Market
5
Views
22
Current Estimated Value
$2,202,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,312
Avg. Annual Appreciation
-3.33%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Kachelmeier Ronald J and Lacey Cynthia Jo
Bought by
Elysabethe F Olmstead Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Kachelmeier Ronald J
Bought by
Kachelmeier Ronald J and Lacey Cynthia Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$627,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2001
Sold by
Masterson Terryl
Bought by
Kachelmeier Ronald J

Purchase Details

Closed on
Dec 14, 2000
Sold by
Masterson Terryl
Bought by
Masterson Terryl
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
Kline Katherine $2,365,000 Land Title
Elysabethe F Olmstead Trust $1,375,000 Fahtco
Kachelmeier Ronald J -- --
Kachelmeier Ronald J $275,000 Land Title
Masterson Terryl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elysabethe F Olmstead Trust $1,111,250
Previous Owner Elysabethe F Olmstead Trust $1,100,000
Previous Owner Elysabethe F Olmstead Trust $1,375,000
Previous Owner Kachelmeier Ronald J $632,500
Previous Owner Kachelmeier Ronald J $627,250
Previous Owner Kachelmeier Ronald J $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $2,365,000 -4.8% $499 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $2,485,000 -- $524 / 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 $9,694 $122,390 $48,940 $73,450
2023 $9,484 $122,390 $48,940 $73,450
2022 $8,433 $106,040 $44,660 $61,380
2021 $8,140 $109,090 $45,950 $63,140
2020 $6,745 $90,910 $43,390 $47,520
2019 $6,556 $90,910 $43,390 $47,520
2018 $7,152 $92,440 $41,130 $51,310
2017 $7,130 $92,440 $41,130 $51,310
2016 $6,784 $83,190 $32,684 $50,506
2015 $6,499 $83,190 $32,684 $50,506
2014 $5,658 $68,130 $21,317 $46,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7419661

REcolorado®

APN: 5253-13-011