NOT LISTED FOR SALE

Estimated Value: $1,996,000 - $2,762,000

6 Beds
5 Baths
4,838 Sq Ft
$498/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $2,100,000 $434 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,374/month

63 Days on Market

Highlights

  • Outdoor Pool
  • City View
  • Traditional Architecture
  • Cory Elementary School Rated A-
  • 0.63 Acre Lot
  • Wood Flooring

About This Home

As of December 2023

An extraordinary opportunity awaits to fix up this home, build one or build two homes (confirming zoning) – seize the chance to acquire this remarkable property nestled in the heart of Denver/Cherry Creek/Polo Club! The residence is situated on an expansive 27,339 sq ft lot, offering immense potential for redevelopment. Prior to proceeding, we advise a thorough review of the zoning regulations to ascertain the full spectrum of possibilities. An architect, engaged by the seller, has proposed the prospect of accommodating two residences on this parcel. It is advisable to verify this with the Denver municipal code and engage your own architect for validation; however, our pricing reflects this exciting opportunity. Imagine crafting two generously proportioned homes on this substantial lot! Although the house itself requires significant attention, its structural foundation we feel is in good shape. Encompassing nearly 6,000 sq ft of interior space, the scope for creative enhancements knows no bounds. Embrace the rarity of this offering, situated on one of Denver's most distinguished tree-lined avenues, flanked by Million Dollar homes. The stage is set for you to transform this unique property into your very own masterpiece. For those interested, we are happy to share the architect's email detailing the potential – please feel free to reach out via email. Embrace the extraordinary, and make this captivating property your own!

Last Agent to Sell the Property

Leo Rowen

RE/MAX of Cherry Creek Brokerage Email: leo@rowenrealty.com,303-521-0360 License #40026894 Listed on: 08/14/2023

RE/MAX of Cherry Creek

Last Buyer's Agent

Leo Rowen

RE/MAX of Cherry Creek Brokerage Email: leo@rowenrealty.com,303-521-0360 License #40026894 Listed on: 08/14/2023

RE/MAX of Cherry Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,319

Year Built

  • Built in 1947

Lot Details

  • 0.63 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Fixer Upper
  • Brick Exterior Construction
  • Spanish Tile Roof

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • City Views
  • Oven
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Basement

  • Partial Basement
  • 2 Bedrooms in Basement

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Schools

  • Cory Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cherry Creek Subdivision

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 5124-03-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,319

Year Built

Built in 1947

Lot Details

0.63 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish, Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 4107
  • Exclusions: personal property
  • Living Area: 4838
  • Property Condition: Fixer
  • SubdivisionName: Cherry Creek
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 1156.00
  • REC_ExpectedActiveDate: 2023-08-07
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.70000
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Fireplaces: 2
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Basement: Partial
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 731
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: South
  • Roof: Spanish Tile
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Garden, Private Yard
  • Patio and Porch Features: Covered, Patio
  • Pool Features: Outdoor Pool

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • 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: Merrill

Lot Info

  • Parcel Number: 5124-03-005
  • Lot Size Acres: 0.63
  • Fencing: Full
  • Building Area Total: 5994
  • Lot Features: Level
  • Lot Size Sq Ft: 27339
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10319

MLS Schools

  • Elementary School: Cory
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Dec 1, 2023
Sold by
Frederick C Battaglia Trust
Bought by
2975 E Cedar Ave Llc
Seller's Agent
Leo Rowen
RE/MAX of Cherry Creek
Buyer's Agent
Leo Rowen
RE/MAX of Cherry Creek
List Price
$3,000,000
Sold Price
$2,100,000
Premium/Discount to List
-$900,000
-30%
Views
117
Current Estimated Value
$2,407,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,735
Avg. Annual Appreciation
6.15%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Battaglia Frederick C
Bought by
The Frederick C Battaglia Trust

Purchase Details

Closed on
Aug 16, 2013
Sold by
Battaglia Frederick C
Bought by
Battaglia Frederic C

Purchase Details

Closed on
Mar 18, 1997
Sold by
Larsen Homes Ltd
Bought by
Sandoval Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2975 E Cedar Ave Llc $2,100,000 None Listed On Document
The Frederick C Battaglia Trust -- None Available
Battaglia Frederic C -- None Available
Sandoval Arthur $484,661 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandoval Arthur $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $2,100,000 -16.0% $434 / Sq Ft
10/14/2023 10/14/23 Price Changed $2,500,000 -16.7% $517 / Sq Ft
08/14/2023 08/14/23 For Sale $3,000,000 -- $620 / Sq Ft
Source: REcolorado®

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
2025 $10,147 -- -- --
2024 $10,147 $128,110 $128,040 $70
2023 $9,927 $128,110 $128,040 $70
2022 $10,319 $136,710 $136,640 $70
2021 $9,962 $140,650 $140,580 $70
2020 $9,951 $141,270 $140,580 $690
2019 $9,672 $141,270 $140,580 $690
2018 $7,911 $109,450 $109,380 $70
2017 $7,887 $109,450 $109,380 $70
2016 $8,230 $108,880 $108,797 $83
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7777376

REcolorado®

APN: 5124-03-005

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