$585,000
SOLD JAN 22, 2025
2 Beds
1 Bath
1,053 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$556 Per Sq Ft

6% Below List Price

70 Days on Market

Highlights

  • Open Floorplan
  • A-Frame Home
  • Bonus Room
  • University Park Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to DeBoer Park

About This Home

As of June 2025

*$25,000 Price Reduction on this Income-Producing property with Prime Redevelopment Potential Near University of Denver! Welcome to 2572 S. Vine Street, an exceptional opportunity in Denver’s highly desirable University neighborhood! This charming 2-bedroom, 1-bathroom ranch-style home offers both immediate rental income and long-term redevelopment potential. Nestled on a generous lot and set within a quiet, tree-lined street, this property combines the perfect balance of proximity to Denver's urban amenities and all the outdoor activities Colorado has to offer. Interior features include gleaming hardwood floors that flow seamlessly throughout the home. The layout is efficient, with two spacious bedrooms and one full bath, but it’s the potential of the entire home that truly shines. Outside, a detached garage with alley access adds convenience, while the sizable backyard opens up future redevelopment possibilities. Whether you’re a developer looking to capitalize on Denver’s growing demand or an investor seeking a solid income-producing property, the generous lot size makes it an ideal candidate for expansion, redevelopment, or customization to meet future market trends. Key Investment Features include: Income-Producing - Currently rented, this home provides immediate cash flow potential, making it a turnkey investment for savvy buyers; Redevelopment Potential - With the ever-evolving Denver real estate market, this home sits on a prime lot ripe for redevelopment. Explore options to expand or transform this property into a multi-unit or customized living space (subject to city approval and any and all current government regulations). The location is ideal being just a short walk from several centers of employment including: the University of Denver, Swedish Medical, Craig Hospital, and Advent health. This home is an ideal rental property with several possible future exit strategies. Located near Harvard Gulch Trail and S.R. Deboer Park. Pre-Inspected.

Last Agent to Sell the Property

Michael Csrnko

Kentwood Real Estate Cherry Creek Brokerage Email: MikeC@kentwood.com,303-710-5011 License #40037943 Listed on: 10/10/2024

Kentwood Real Estate Cherry Creek

Co-Listed By

Kayla Davis

Golba Group Real Estate Brokerage Email: MikeC@kentwood.com,303-710-5011 License #100087325

Last Buyer's Agent

Nicholas Rolon

Legacy Realty License #100091754

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Property is zoned E-SU-DX

Parking

  • 1 Car Garage
  • Exterior Access Door

Home Design

  • A-Frame Home
  • Fixer Upper
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Family Room
  • Dining Room
  • Bonus Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 110 Volts
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • University Subdivision

Listing and Financial Details

  • Exclusions: Sellers and Tenants personal property.
  • Property held in a trust
  • Assessor Parcel Number 5266-15-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,844

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Structure Type: House
  • Levels: One
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1053
  • Exclusions: Sellers and Tenants personal property.
  • Living Area: 1053
  • Property Condition: Fixer
  • SubdivisionName: University
  • Co List Office Mls Id: REC08435
  • Co List Office Phone: 303-331-1400
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Appraiser
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-10-10
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.93600
  • Attribution Contact: MikeC@kentwood.com,303-710-5011
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), No Stairs, Open Floorplan
  • Flooring: Wood
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Bay Window(s), Window Coverings

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Frame
  • Exterior Features: Private Yard
  • Patio and Porch Features: Covered

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V
  • 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: 5266-15-007
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 1053
  • Lot Features: Level
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2844

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
Jun 20, 2025
Sold by
Ward David and Ward Angela
Bought by
Simpson Daniel John and Winters Kelsey Elizabeth
Seller's Agent
Nick Petkovich
Keller Williams DTC
Buyer's Agent
Kristina Rebol
Navigate Realty
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%
Total Days on Market
70
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%
Original Mortgage
$367,500
Outstanding Balance
$367,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$168,838

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 22, 2025
Sold by
2572 S Vine Street Llc
Bought by
Ward David and Ward Angela
Seller's Agent
Michael Csrnko
Kentwood Real Estate Cherry Creek
Buyer's Agent
Nicholas Rolon
Legacy Realty
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.20%
Original Mortgage
$438,750
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2022
Sold by
Kelly Mahmcke
Bought by
2572 S Vine Street Llc

Purchase Details

Closed on
Feb 11, 2005
Sold by
Clark Tracy C
Bought by
Mahncke Kelly

Purchase Details

Closed on
Aug 27, 2003
Sold by
Morgan Donna R
Bought by
Mahncke Kelly and Clark Tracey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,307
Interest Rate
6.08%
Mortgage Type
FHA
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 Type Sale Price Title Company
Special Warranty Deed $525,000 Land Title
Warranty Deed $585,000 Land Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed $239,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 New Conventional
Previous Owner $438,750 New Conventional
Previous Owner $194,036 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $235,307 FHA
Previous Owner $141,000 Unknown
Previous Owner $138,750 Unknown
Previous Owner $105,000 Unknown
Previous Owner $28,000 Stand Alone Second
Previous Owner $105,000 Unknown
Previous Owner $25,160 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $525,000 0.0% $491 / Sq Ft
05/13/2025 05/13/25 Price Changed $525,000 -5.4% $491 / Sq Ft
04/25/2025 04/25/25 Price Changed $555,000 -2.5% $519 / Sq Ft
04/09/2025 04/09/25 For Sale $569,000 -2.7% $532 / Sq Ft
01/22/2025 01/22/25 Sold $585,000 -2.5% $556 / Sq Ft
11/07/2024 11/07/24 Price Changed $600,000 -4.0% $570 / Sq Ft
10/10/2024 10/10/24 For Sale $625,000 -- $594 / 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 $2,907 $36,700 $31,890 $4,810
2023 $2,844 $36,700 $31,890 $4,810
2022 $2,590 $32,570 $26,050 $6,520
2021 $2,500 $33,510 $26,800 $6,710
2020 $2,301 $31,010 $21,210 $9,800
2019 $2,236 $31,010 $21,210 $9,800
2018 $2,029 $26,220 $20,240 $5,980
2017 $2,022 $26,220 $20,240 $5,980
2016 $2,017 $24,730 $18,642 $6,088
2015 $1,932 $24,730 $18,642 $6,088
2014 $1,567 $18,870 $14,917 $3,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6253407

REcolorado®

APN: 5266-15-007