NOT LISTED FOR SALE

Estimated Value: $854,000 - $1,048,000

0.72 Acre
$1,311,271 Price per Acre
31,363 Sq Ft Lot

Last Sold January 17, 2023

Last sale price $464,452 $182 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,833/month

38 Days on Market

Highlights

  • 0.72 Acre Lot
  • Development of the land is complete
  • 4-minute walk to 51st and Zuni Park

About This Lot

As of January 2023

This currently vacant site is being entitled for 3 LEED Gold Duplexes (6 units total). Seller agrees to supply to buyer any survey, soils reports, environmental reports, or other written information in the seller`s possession as it relates to the property once under contract. Buyer is responsible for all related costs associated with vetting, entitling, or developing the proposed development such as architectural, soils, survey, civil, structural, etc. In the event any costs are incurred by Assignor at, before, or after closing those costs shall be reimbursed by Assignee within 3 days of receipt of invoices or other written verification from Assignor. Seller will provide a detailed, itemized list of the soft costs accrued over the course of entitling/developing this property to date.

Last Agent to Sell the Property

Paul Ko

REDT LLC License #100066039 Listed on: 11/11/2022

Co-Listed By

Nathan Adams

REDT LLC License #100004676

Last Buyer's Agent

Paul Ko

REDT LLC License #100066039 Listed on: 11/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,075

Year Built

  • 1927

Lot Details

  • 0.72 Acre Lot
  • Development of the land is complete
  • Property is zoned R-2

Community Details

  • Berkeley Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1825-17-1-19-004

Property Details

Property Type

Land

Est. Annual Taxes

$5,075

Year Built

1927

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • P P A: 645072.22
  • P S F Lot: 14.72
  • Water Included: Yes
  • SubdivisionName: Berkeley Hills
  • Special Features: None
  • Year Built: 1927

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • School District: Westminster Public Schools

Lot Info

  • Parcel Number: 1825-17-1-19-004
  • Lot Size Acres: 0.72
  • Lot Size Sq Ft: 31543.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5075.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Jan 17, 2023
Sold by
Red-T Partnership 2551 W 52Nd Llc
Bought by
Redt Capital Partners Llc
Seller's Agent
Paul Ko
REDT LLC
Buyer's Agent
Paul Ko
REDT LLC
List Price
$524,000
Sold Price
$464,452
Premium/Discount to List
-$59,548
-11.36%
Total Days on Market
38
Views
21
Current Estimated Value
$944,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,663
Avg. Annual Appreciation
34.72%
Original Mortgage
$3,037,500
Outstanding Balance
$2,952,112
Interest Rate
6.33%
Mortgage Type
Construction
Estimated Equity
-$2,007,997

Purchase Details

Closed on
Nov 30, 2021
Sold by
Goebel Kelly C
Bought by
Red T Partnership 2551 W 52Nd Llc

Purchase Details

Closed on
Mar 22, 2021
Sold by
Goebel Kelly C
Bought by
The County Of Adams

Purchase Details

Closed on
Feb 8, 2021
Sold by
Goebel Darrin J and Goebel Kelly C
Bought by
Goebel Kelly C

Purchase Details

Closed on
Feb 4, 2021
Sold by
Goebel Darrin J and Goebel Kelly C
Bought by
Goebel Kelly C

Purchase Details

Closed on
May 27, 2015
Sold by
Aragon Danette Madrid and Aragon Jerry
Bought by
Aragon Danette Madrid and Aragon Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

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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
Redt Capital Partners Llc $464,452 --
Red T Partnership 2551 W 52Nd Llc $420,000 Fidelity National Title
The County Of Adams -- None Available
Goebel Kelly C -- Fidelity National Title
Goebel Kelly C -- None Available
Aragon Danette Madrid -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redt Capital Partners Llc $3,037,500
Previous Owner Goebel Darrin J $0
Previous Owner Aragon Danette Madrid $200,000
Previous Owner Madrid Danette $168,750
Previous Owner Madrid Danetta $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $464,452 -11.4% $182 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $524,000 -- $205 / 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 $6,407 $55,000 $8,980 $46,020
2023 $6,407 $73,670 $9,720 $63,950
2022 $4,939 $40,440 $9,990 $30,450
2021 $5,065 $40,440 $9,990 $30,450
2020 $5,038 $40,960 $40,960 $0
2019 $5,026 $40,960 $40,960 $0
2018 $3,039 $24,650 $24,650 $0
2017 $2,661 $24,650 $24,650 $0
2016 $1,568 $13,780 $13,780 $0
2015 $1,567 $13,780 $13,780 $0
2014 $1,505 $12,690 $12,690 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4409084

REcolorado®

APN: 1825-17-1-19-005