$770,000
SOLD JUN 1, 2021
3 Beds
2 Baths
2,930 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$263 Per Sq Ft

9% Below List Price

41 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Traditional Architecture
  • Park Hill Elementary Rated A-
  • Living Room with Fireplace
  • 3-minute walk to Fairfax Park

About This Home

As of December 2021

Welcome to a hidden gem in the historical and highly coveted Park Hill neighborhood. Whether you are a family looking for your next HOME, or an investor looking for instant cash flow, this property checks all of the boxes. Upon entering the home, you will be amazed by the size, layout, functionality, and versatility that it provides. The main floor of the home has two bedrooms and an updated full bathroom. The main floor living space flows perfectly, with the living room, formal dining, and open concept kitchen seamlessly connected. One of the main attributes of the home includes the "sunroom" addition, which provides the perfect space for entertaining and hosting guests. Unlike many Park Hill homes, this property boasts a true, fully finished basement, which feels like a second apartment or Mother-In-Law Suite. The basement includes a third bedroom, a full-size bathroom, two entertainment spaces, and a second, full-size kitchen (making this home a perfect income-generating opportunity). External to the home, the landscape has been well-kept, and the backyard includes a flagstone, 2-tier patio with a built-in grill. Adjacent to the attached 2-Car garage, you will find an additional space that currently serves as the perfect exercise area. From a maintenance standpoint, all of your major systems and general home upkeep (i.e. HVAC, roofing, electrical, and sewer) are up to date, which will save you a ton of money in future repair costs. With all of the major repairs and a number of upgrades already completed on this home, investors could experience an ARV upwards of $1.2M, making this an exceptional investment opportunity as well. Voted one of Denver's "Best Neighborhoods" in 2020, Parkhill boasts demographic diversity, close proximity to Denver's urban center, charming retail shops, numerous parks/recreation spaces, and historical eateries. Homes in this neighborhood DO NOT LAST LONG! We look forward to you seeing the magic that this home holds, for yourself!

Last Agent to Sell the Property

Chad Nash, Ph.D. The Real Estate Doctor

Nash & Company License #100076513 Listed on: 04/06/2021

Last Buyer's Agent

Michael Griffin

Madison & Company Properties License #040026113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Property is zoned E-SU-DX

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bedroom in Basement

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Spa
  • Patio
  • Outdoor Water Feature
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Mcauliffe International Elementary School
  • Smiley Middle School
  • East High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Electric Water Heater
  • Phone Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Park Hill Subdivision

Listing and Financial Details

  • Exclusions: Washer/Dryer
  • Assessor Parcel Number 1304-20-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,834

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 1700
  • Exclusions: Washer/Dryer
  • Living Area: 2930
  • SubdivisionName: Park Hill
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.86527
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Granite Counters, In-Law Floor Plan, Open Floorplan, Smoke Free, Hot Tub, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Wood
  • Fireplace Features: Basement, Living Room
  • Full Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Full
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1230
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Other
  • Construction Materials: Brick
  • Exterior Features: Barbecue, Lighting, Spa/Hot Tub, Water Feature
  • Patio and Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Phone Available, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Smiley

Lot Info

  • Parcel Number: 1304-20-021
  • Lot Size Acres: 0.15
  • Building Area Total: 2930
  • Lot Features: Level
  • Lot Size Sq Ft: 6534
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2834

MLS Schools

  • Elementary School: McAuliffe International
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 23, 2021
Sold by
Reve Llc
Bought by
Cardone Stephen M and Zapata Cardone Claudia
Seller's Agent
Brianna Griffin
Madison & Company Properties
Buyer's Agent
Nathan Dick
Thrive Real Estate Group
List Price
$1,199,000
Sold Price
$1,155,000
Premium/Discount to List
-$44,000
-3.67%
Total Days on Market
41
Current Estimated Value
$1,148,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,782
Avg. Annual Appreciation
-0.17%
Original Mortgage
$1,038,345
Outstanding Balance
$965,222
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$182,996

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 27, 2021
Sold by
Rice Lydia Renette
Bought by
Reve Llc
Seller's Agent
Chad Nash, Ph.D. The Real Estate Doctor
Nash & Company
Buyer's Agent
Michael Griffin
Madison & Company Properties
List Price
$849,900
Sold Price
$770,000
Premium/Discount to List
-$79,900
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.28%
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2010
Sold by
Rice Lydia Renette
Bought by
Rice Lydia Renette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2001
Sold by
Rice Donald K
Bought by
Rice Donald K and Rice Lydia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.77%
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 $1,155,000 Elevated Title
Warranty Deed $770,000 First Integrity Title
Deed Of Distribution -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,038,345 New Conventional
Previous Owner $700,000 Commercial
Previous Owner $276,000 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $300,000 Fannie Mae Freddie Mac
Previous Owner $20,000 Credit Line Revolving
Previous Owner $218,000 No Value Available
Previous Owner $35,000 Unknown
Previous Owner $127,000 Unknown
Previous Owner $126,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,155,000 -1.7% $371 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/17/2021 11/17/21 Price Changed $1,175,000 -2.0% $377 / Sq Ft
10/20/2021 10/20/21 For Sale $1,199,000 +55.7% $385 / Sq Ft
06/01/2021 06/01/21 Sold $770,000 -3.7% $263 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 Price Changed $799,900 -5.9% $273 / Sq Ft
05/04/2021 05/04/21 For Sale $849,900 0.0% $290 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $849,900 -4.5% $290 / Sq Ft
04/06/2021 04/06/21 For Sale $889,900 -- $304 / 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 $5,947 $75,080 $27,700 $47,380
2023 $5,818 $75,080 $27,700 $47,380
2022 $4,721 $59,360 $30,390 $28,970
2021 $4,721 $41,210 $31,270 $9,940
2020 $2,916 $39,300 $26,800 $12,500
2019 $2,834 $39,300 $26,800 $12,500
2018 $2,463 $31,840 $17,990 $13,850
2017 $2,456 $31,840 $17,990 $13,850
2016 $2,190 $26,860 $8,947 $17,913
2015 $2,098 $26,860 $8,947 $17,913
2014 $2,112 $25,430 $6,965 $18,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9756094

REcolorado®

APN: 1304-20-021