NOT LISTED FOR SALE

Estimated Value: $545,000 - $718,086

4 Beds
2 Baths
1,687 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $745,000 $442 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,833/month

25 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • 1-Story Property
  • Granite Countertops
  • No HOA
  • 5-minute walk to Barnum East Park

About This Home

As of May 2023

Great Opportunity for Investors or Owner Occupants to own this Wonderful Duplex in Denver's Valverde Neighborhood!! Buy it as an investment or live in one side and rent the other!! Also the front unit can be purchased fully furnished and is turn key ready for a VRBO, Furnished Finders, or Air BNB!! Both units have been completely Remodeled with, new Kitchens and Baths, Granite Counters, Stainless Steel Appliances and Refinished Hardwood floors!! You can't beat this location with its Quick access to Light Rail, Mile High Stadium, Auraria Campus, Ball Arena, West Colfax and Sloan's Lake shopping and eateries! This property also features, washers/dryers in both units, newer electrical panels, newer furnaces, and off street parking!! Don't forget about the Great future development opportunity for this 9,750 square foot lot zoned E-RH-2.5 with additional square footage not shown on county records!! Schedule your own private showing now!! This one will not last!!

Last Agent to Sell the Property

Timothy Bohac

RE/MAX Alliance License #40043242 Listed on: 03/24/2023

RE/MAX Alliance

Last Buyer's Agent

Megan Slach

Resident Realty North Metro LLC License #100049449

Resident Realty North Metro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 9,750 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Partially Fenced Property
  • Level Lot
  • Private Yard

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,687 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Barnum Elementary School
  • Compass Academy Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Valverde Subdivision

Listing and Financial Details

  • Property held in a trust
  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5084-02-034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,638

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 1687
  • Exclusions: None
  • Living Area: 1687
  • Property Condition: Updated/Remodeled
  • Directions: Google Maps
  • SubdivisionName: Valverde
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Flooring: Tile, Wood
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit

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: Compass Academy

Lot Info

  • Parcel Number: 5084-02-034
  • Lot Size Acres: 0.22
  • Fencing: Partial
  • Building Area Total: 1687
  • Lot Features: Level
  • Lot Size Sq Ft: 9750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2638

MLS Schools

  • Elementary School: Barnum
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 22, 2023
Sold by
2817 3Rd Llc
Bought by
Reichel Christopher Paul
Seller's Agent
Timothy Bohac
RE/MAX Alliance
Buyer's Agent
Megan Slach
Resident Realty North Metro LLC
List Price
$750,000
Sold Price
$745,000
Premium/Discount to List
-$5,000
-0.67%
Total Days on Market
25
Views
58
Current Estimated Value
$631,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,457
Avg. Annual Appreciation
-7.78%
Original Mortgage
$633,250
Outstanding Balance
$619,334
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$12,209

Purchase Details

Closed on
Feb 1, 2022
Sold by
Dm Developers & Investors Llc
Bought by
2817 3Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,363
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2018
Sold by
Dm Developers & Investors Llc
Bought by
Dm Developers & Investors Llc

Purchase Details

Closed on
Nov 9, 2017
Sold by
Dm Developers & Investors Llc
Bought by
Dm Developers & Investors Llc and 2817 3Rd Llc

Purchase Details

Closed on
Jul 17, 2017
Sold by
2817 3Rd Llc
Bought by
Dm Developers & Investors Llc

Purchase Details

Closed on
Mar 17, 2017
Sold by
Deiter Janet C
Bought by
2817 3Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,311
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2006
Sold by
Thielen Janet C
Bought by
Deiter Janet C

Purchase Details

Closed on
May 15, 2006
Sold by
Thielen Delbert A
Bought by
Thielen Janet C
Source: Public Records

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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
Reichel Christopher Paul $745,000 Fitco
2817 3Rd Llc -- None Listed On Document
Dm Developers & Investors Llc -- None Available
Dm Developers & Investors Llc -- None Available
Dm Developers & Investors Llc -- None Available
2817 3Rd Llc $370,000 Heritage Title Co
Deiter Janet C -- None Available
Thielen Janet C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichel Christopher Paul $633,250
Previous Owner 2817 3Rd Llc $302,363
Previous Owner Dm Developers & Investors Llc $936,000
Previous Owner 2317 3Rd Llc $11,311
Previous Owner 2817 3Rd Llc $284,688
Previous Owner Thielen Janet C $156,722
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $745,000 -0.7% $442 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $750,000 -- $445 / 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 $3,451 $43,570 $17,330 $26,240
2023 $3,376 $43,570 $17,330 $26,240
2022 $2,674 $33,630 $21,630 $12,000
2021 $2,638 $35,360 $22,740 $12,620
2020 $2,191 $29,530 $21,810 $7,720
2019 $2,130 $29,530 $21,810 $7,720
2018 $1,704 $22,030 $21,960 $70
2017 $1,699 $22,030 $21,960 $70
2016 $1,215 $14,900 $5,898 $9,002
2015 $1,164 $14,900 $5,898 $9,002
2014 $1,087 $13,090 $3,471 $9,619
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2753840

REcolorado®

APN: 5084-02-034