NOT LISTED FOR SALE

Estimated Value: $3,049,143

1 Bed
1 Bath
8,450 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $2,375,000 $281 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $22,591/month

284 Days on Market

Highlights

  • City View
  • 0.14 Acre Lot
  • Corner Lot
  • East High School Rated A
  • Open Floorplan
  • No HOA

About This Home

As of May 2018

Spectacular Mixed Use Building between Curtis Park and the booming RiNo district! Huge 4200 s.f ballroom and bar area on 2nd floor, with 14' pressed tin ceilings, views of Downtown Denver, and event capacity of up to 275 people. 3 units on main level; one commercial kitchen, one res. unit, and one dance studio. Basement storage area and attached garage not included in s.f. Endless possibilities for office, restaurant, bar, event center, or unbelievable live-work space! 24 hour notice req.

Last Agent to Sell the Property

Kyle McDaniel

Listed on: 07/04/2017

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,373

Year Built

  • Built in 1886

Lot Details

  • 6,261 Sq Ft Lot
  • Corner Lot
  • Zero Lot Line

Home Design

  • Brick Veneer
  • Rubber Roof

Interior Spaces

  • 8,450 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • City Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Gilpin Elementary School
  • Cole Middle School
  • East High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 227624013

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Curtis Park Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $300,000
  • Net Operating Income $281,627

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,373

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Year Built: 1886
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Subdivision Name: Curtis Park
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Unfinished
  • Total Bedrooms: 1
  • Interior Amenities: Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Rubber
  • Lot Features: Zero Lot Line, Corner Lot
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Gilpin
  • HighSchool: East
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Cole

Lot Info

  • Zoning: U-MX-2
  • Lot Size Sq Ft: 6261
  • Parcel #: 227624013
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 18373

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 300000
  • Annual Operating Expense: 18373

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2017
Closed on
May 25, 2018
Sold by
Toe Tapping Llc
Bought by
9Avoy Station Llc
Seller's Agent
Kyle McDaniel
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$2,995,000
Sold Price
$2,375,000
Premium/Discount to List
-$620,000
-20.7%
Total Days on Market
284
Current Estimated Value
$3,049,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,143
Avg. Annual Appreciation
4.35%

Purchase Details

Closed on
Oct 4, 2012
Sold by
The Vanila Factory Llc
Bought by
Toe Tapping Shiva Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,900
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2004
Sold by
Burns Wolfe Marty and Manthey Laura
Bought by
The Vanilla Factory Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 1999
Sold by
Harold Sanderson Inc
Bought by
Burns Wolfe Marty and Manthey Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,250
Interest Rate
10.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1998
Sold by
Cisneros Grace M
Bought by
Harold Sanderson Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,910
Interest Rate
6.55%
Mortgage Type
Commercial
Source: Public Records

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
9Avoy Station Llc $2,370,000 Land Title Guarantee Co
Toe Tapping Shiva Llc $900,000 North American Title Company
The Vanilla Factory Llc -- --
Burns Wolfe Marty $525,000 --
Harold Sanderson Inc $339,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toe Tapping Shiva Llc $423,000
Previous Owner Toe Tapping Shiva Llc $918,900
Previous Owner Vanilla Factory Llc $787,500
Previous Owner The Vanilla Factory Llc $800,000
Previous Owner Burns Wolfe Marty $250,250
Previous Owner Harold Sanderson Inc $305,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Off Market $2,375,000 -- --
05/25/2018 05/25/18 Sold $2,375,000 -20.7% $281 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
07/04/2017 07/04/17 For Sale $2,995,000 -- $354 / 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 $65,704 $829,580 $157,580 $672,000
2023 $64,281 $829,580 $157,580 $672,000
2022 $59,221 $744,690 $172,490 $572,200
2021 $33,329 $446,660 $172,490 $274,170
2020 $34,938 $470,900 $136,180 $334,720
2019 $33,959 $470,900 $136,180 $334,720
2018 $20,482 $264,740 $90,800 $173,940
2017 $20,420 $264,740 $90,800 $173,940
2016 $18,373 $225,300 $81,722 $143,578
2015 $17,602 $225,300 $81,722 $143,578
2014 $13,862 $166,900 $63,539 $103,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 825366

IRES MLS

APN: 2276-24-013