NOT LISTED FOR SALE

Estimated Value: $601,000 - $769,000

5 Beds
2 Baths
2,219 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $680,000 $306 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,193/month

17 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Eat-In Kitchen
  • Property is near a park
  • Cottage
  • Brick Veneer

About This Home

As of October 2022

Great investment opportunity with close access to Sloan lake. Main floor unit is 1247 square feet with 3 bedrooms and 1 bathroom. All kitchen appliances are included. Basement unit is 994 square feet with 2 bedrooms and 1 bathroom. All kitchen appliances are included. Home sits on a big lot with tons of opportunity for a shop or extra garage. Neighborhood park directly across the street creates a nice quiet living atmosphere.

Last Agent to Sell the Property

Michael Tennessen

RE/MAX Alliance-Greeley Listed on: 08/11/2022

RE/MAX Alliance-Greeley

Last Buyer's Agent

Tony Ho

Hitch Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 1951

Lot Details

  • 8,841 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Cottage
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,219 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Washer and Dryer Hookup
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Location

  • Mineral Rights Excluded
  • Property is near a park

Schools

  • Edgewater Elementary School
  • Wheat Ridge Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number 021620

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • White Church Subdivision

Building Details

  • Gross Income $35,000
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,546

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: White Church
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2219
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 5
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Mineral Rights Excluded, Level, Abuts Park
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Wheat Ridge Water
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Edgewater
  • HighSchool: Jefferson
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Wheat Ridge

Lot Info

  • Zoning: SFR
  • Lot Size Sq Ft: 8841
  • Parcel #: 021620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 35000
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 21, 2022
Sold by
Gibson Thomas G
Bought by
Lederhos Jessica
Seller's Agent
Michael Tennessen
RE/MAX Alliance-Greeley
Buyer's Agent
Tony Ho
Hitch Realty LLC
List Price
$735,000
Sold Price
$680,000
Premium/Discount to List
-$55,000
-7.48%
Current Estimated Value
$711,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,773
Avg. Annual Appreciation
2.63%
Original Mortgage
$544,000
Outstanding Balance
$527,205
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$204,326

Purchase Details

Closed on
Dec 11, 2013
Sold by
Gibson Karl M
Bought by
Gibson Thomas G

Purchase Details

Closed on
Feb 9, 1996
Sold by
Wolking Wilma J
Bought by
Gibson Karl M and Gibson Doris M
Source: Public Records

Range of Values:

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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
Lederhos Jessica $680,000 --
Gibson Thomas G -- --
Gibson Karl M $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lederhos Jessica $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $680,000 -7.5% $306 / Sq Ft
08/11/2022 08/11/22 For Sale $735,000 -- $331 / Sq Ft
Source: IRES MLS

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 $3,546 $40,551 $21,844 $18,707
2023 $3,546 $40,551 $21,844 $18,707
2022 $2,899 $32,558 $16,746 $15,812
2021 $3,004 $34,233 $17,608 $16,625
2020 $2,843 $32,569 $18,064 $14,505
2019 $2,805 $32,569 $18,064 $14,505
2018 $2,526 $28,346 $9,575 $18,771
2017 $2,281 $28,346 $9,575 $18,771
2016 $1,818 $21,141 $6,280 $14,861
2015 $1,294 $21,141 $6,280 $14,861
2014 $1,294 $14,113 $5,731 $8,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 973136

IRES MLS

APN: 39-254-31-003