NOT LISTED FOR SALE

Estimated Value: $1,906,133 - $2,528,000

5 Beds
3.5 Baths
5,500 Sq Ft
$390/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2024

Last sale price $2,000,000 $364 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,236 / mo

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Vaulted Ceiling
  • University Park Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 5-minute walk to McWilliams Park

About This Home

As of November 2024

Sophistication meets elegance with this competitively priced luxury home nestled in the coveted Observatory Park neighborhood. This home offers 5 bedrooms, 4 bathrooms, 5,607 sqft, finished basement and 2-car attached garage. This home boasts vaulted ceilings, elegant finishes, and an open floor plan. From the moment you enter, you'll be captivated by the hand-scraped hardwood floors that flow throughout. There is a light-filled home office with functional built-in book case. A formal dining room provides an elegant setting for hosting. House interior is freshly painted and features new carpet. The family room is seamlessly connected to the gourmet kitchen that offers a comfortable open space. The gourmet kitchen features a double oven, subzero refrigerator, ice maker, wine cooler, and a wet bar/butler’s pantry. Large island with granite countertop contains dual dishwashers and copper farm sink. The master suite is a sanctuary of relaxation with a private balcony. The master bathroom features double vanity, heated floors, a double-sided gas fireplace, double entry steam shower with dual shower heads, jetted tub and dual custom walk-in closets. Each of the five bedrooms are generously sized, providing ample space for family and guests. Home is equipped with a central AC, forced air heating, and central vacuum system; laundry room is conveniently located on the second floor. The finished basement has endless possibilities. It offers 10’ ceilings, theater screen, two bedrooms, a 3/4 bathroom, a full-service wet bar, dishwasher, and plumbing for a wine cellar. Energy efficient home with double pane windows, upgraded tankless water heater and energy-efficient solar panels. The beautifully landscaped sunlit backyard offers tranquility and privacy, perfect for entertaining guests. Walking distance to parks, University Park Elementary school; close to Denver University, shops, restaurants, and centrally located to Denver Metro. Don't miss out on this captivating home.

Last Agent to Sell the Property

Edith Martinez

EM Realty Group, Inc. Brokerage Email: edith@edithmartinez.com,951-201-1754 License #100090076 Listed on: 05/25/2024

Last Buyer's Agent

Kelli Barton

Coldwell Banker Global Luxury Denver License #40041234

Coldwell Banker Global Luxury Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,244

Year Built

  • Built in 2005

Lot Details

  • 6,370 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned E-SU-DX

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Cellar
  • 2 Bedrooms in Basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Humidifier
  • Floor Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Observatory Park Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal property, security/camera system.
  • Assessor Parcel Number 5254-22-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,244

Year Built

Built in 2005

Lot Details

6,370 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 3464
  • Exclusions: Sellers personal property, security/camera system.
  • Living Area: 5500
  • SubdivisionName: Observatory Park
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 107.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.90913
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Humidifier, Microwave, Self Cleaning Oven, Sump Pump, Wine Cooler
  • Fireplaces: 2
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bathroom, Jet Action Tub, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Stone, Wood
  • Fireplace Features: Family Room, Gas, Gas Log, Primary Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Cellar, Finished, Full
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2036
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Concrete
  • Construction Materials: Frame, Stucco
  • Exterior Features: Balcony, Garden, Private Yard
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Floor Furnace
  • Water Source: Public
  • Laundry Features: Laundry Closet
  • Security: Carbon Monoxide Detector(s), Security System

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: 5254-22-018
  • Lot Size Acres: 0.15
  • Fencing: Full
  • Building Area Total: 5607
  • Lot Features: Level
  • Lot Size Sq Ft: 6370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9244

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Nov 5, 2024
Sold by
Derose Zeke and Derose Melonie Montford
Bought by
Chapman Joshua B and Chapman Alexandra E
Seller's Agent
Edith Martinez
EM Realty Group, Inc.
Buyer's Agent
Kelli Barton
Coldwell Banker Global Luxury Denver
List Price
$2,199,900
Sold Price
$2,000,000
Premium/Discount to List
-$199,900
-9.09%
Views
86
Current Estimated Value
$2,144,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,533
Avg. Annual Appreciation
5.04%
Original Mortgage
$1,700,000
Outstanding Balance
$1,681,196
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$463,337

Purchase Details

Closed on
Aug 17, 2015
Sold by
Margolin Alyssa and Margolin Gregory
Bought by
Derose Zeke and Derose Melonie Montford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2008
Sold by
Tartre Robert
Bought by
Margolin Gregory and Margolin Alyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2005
Sold by
Masterpiece Development Llc
Bought by
Tartre Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,000
Interest Rate
7.12%
Mortgage Type
Construction

Purchase Details

Closed on
May 20, 2005
Sold by
Bronsdon Phillip E
Bought by
Masterpiece Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$919,000
Interest Rate
7.12%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 11, 2005
Sold by
Clark Everett B and Collins Michael S
Bought by
Bronsdon Phillip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2005
Sold by
Eichelberger Charles
Bought by
Clark Everett B and Collins Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Chapman Joshua B $2,000,000 Land Title
Derose Zeke $1,280,000 Land Title Guarantee
Margolin Gregory $1,130,000 Security Title
Tartre Robert $350,000 Fahtco
Masterpiece Developers Llc -- --
Bronsdon Phillip E $340,000 --
Clark Everett B $275,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Joshua B $1,700,000
Previous Owner Derose Zeke $1,000,000
Previous Owner Margolin Gregory $847,500
Previous Owner Tartre Robert $919,000
Previous Owner Bronsdon Phillip E $272,000
Previous Owner Clark Everett B $178,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $2,000,000 0.0% $364 / Sq Ft
10/01/2024 10/01/24 Price Changed $1,999,900 -9.1% $364 / Sq Ft
06/20/2024 06/20/24 For Sale $2,199,900 0.0% $400 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $2,199,900 -- $400 / Sq Ft
Source: REcolorado®

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
2025 $9,449 $146,490 $67,140 $67,140
2024 $9,449 $119,300 $43,110 $76,190
2023 $9,244 $119,300 $43,110 $76,190
2022 $8,117 $102,070 $41,920 $60,150
2021 $7,836 $105,010 $43,130 $61,880
2020 $6,344 $85,500 $34,050 $51,450
2019 $6,166 $85,500 $34,050 $51,450
2018 $7,099 $91,760 $27,430 $64,330
2017 $7,078 $91,760 $27,430 $64,330
2016 $6,576 $80,640 $25,273 $55,367
2015 $6,300 $80,640 $25,273 $55,367
2014 $5,232 $62,990 $18,953 $44,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8069867

REcolorado®

APN: 5254-22-018

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