NOT LISTED FOR SALE

302 N 7th Ave Brighton, CO 80601

Estimated Value: $503,000 - $548,224

2 Beds
1 Bath
1,476 Sq Ft
$351/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $425,500 $288 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,164/month

4 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Air Conditioning
  • Corner Lot
  • Brick Veneer
  • 3-minute walk to Montoya Park

About This Home

As of March 2021

Great income opportunity to own a Duplex in Brighton! This charming, 2 unit property sits on a quiet, large corner lot with large yard and detached garage/storage shed. Each unit has 2 bed, 1 full bath with open floor plan. New carpet in one unit, other unit well kept. Shared laundry room in back of duplex. Close to downtown Brighton, shopping and schools.

Last Agent to Sell the Property

Steven Noel

RE/MAX Alliance-Longmont Listed on: 02/18/2021

Co-Listed By

Chris Martinez

RE/MAX Alliance-Longmont

Last Buyer's Agent

John Marcotte

Marcotte Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1967

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps
  • Low Pile Carpeting

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • North Elementary School
  • Overland Trail Middle School
  • Brighton High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0002939

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Central Add To Brighton Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $31,200
  • Net Operating Income $28,869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,331

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Co List Office Mls Id: LRMA
  • Subdivision Name: Central Add to Brighton
  • Directions: From Hwy 85 & CO-7 E (turns into Bridge St.) , head east on Bridge St, take left on 7th, property will be on the corner of N. 7th and Longs Peak St., on the right hand side.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 1
  • Structure Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Refrigerator, Washer, Dryer
  • Accessibility Features: Level Lot, Low Carpet, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: Crawl Space
  • Total Bedrooms: 2
  • Entry Location: Outside Entry
  • Interior Amenities: High Speed Internet, Open Floorplan, Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Forced Air, Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Brighton
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: North
  • HighSchool: Brighton
  • Junior High Dist: Brighton Dist 27J
  • Middle Or Junior School: Overland Trail

Lot Info

  • Zoning: Duplex
  • Lot Size Sq Ft: 7500
  • Parcel #: R0002939
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2331

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 2331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 18, 2021
Sold by
Wright Michael W and Wright Deborah L
Bought by
Scott Brian
Seller's Agent
Steven Noel
RE/MAX Alliance-Longmont
Buyer's Agent
John Marcotte
Marcotte Real Estate Group
List Price
$425,000
Sold Price
$425,500
Premium/Discount to List
$500
0.12%
Total Days on Market
4
Current Estimated Value
$517,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,056
Avg. Annual Appreciation
4.76%

Purchase Details

Closed on
May 5, 2015
Sold by
Blea Richard P
Bought by
Wright Michael W and Wright Deborah L

Purchase Details

Closed on
Aug 12, 2013
Sold by
D & M Villano Family Holdings Llc
Bought by
Blea Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Bank Of New York
Bought by
D & M Villano Family Holdings Llc

Purchase Details

Closed on
Nov 21, 2008
Sold by
Villalobos Jesus and Sanchez Soledad V
Bought by
Bank Of New York

Purchase Details

Closed on
Oct 9, 1996
Sold by
Villalobos Jesus Manuel
Bought by
Villalobos Jesus Manuel and Sanchez Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.91%

Purchase Details

Closed on
Sep 23, 1996
Sold by
Stephenson Richard R and Stephenson Jane A
Bought by
Villalobos Jesus Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
7.91%

Purchase Details

Closed on
May 12, 1992
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 Buyer Sale Price Title Company
Scott Brian $425,500 Heritage Title Co
Wright Michael W $227,300 North American Title
Blea Richard P $162,000 North Amer Title Co Of Co
D & M Villano Family Holdings Llc $129,900 None Available
Bank Of New York -- None Available
Villalobos Jesus Manuel -- --
Villalobos Jesus Manuel $109,500 --
-- $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Brian $297,850
Previous Owner Wright Michael W $132,000
Previous Owner Blea Richard P $121,500
Previous Owner Villalobos Jesus $148,000
Previous Owner Villalobos Jesus $37,000
Previous Owner Villalobos Jesus $91,500
Previous Owner Villalobos Jesus Manuel $12,544
Previous Owner Villalobos Jesus Manuel $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Off Market $425,500 -- --
03/18/2021 03/18/21 Sold $425,500 +0.1% $288 / Sq Ft
02/18/2021 02/18/21 For Sale $425,000 -- $288 / 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 $3,106 $29,500 $7,500 $22,000
2023 $3,106 $31,930 $8,120 $23,810
2022 $2,894 $26,350 $7,240 $19,110
2021 $2,772 $26,350 $7,240 $19,110
2020 $2,329 $23,580 $7,290 $16,290
2019 $2,331 $23,580 $7,290 $16,290
2018 $1,642 $16,600 $7,130 $9,470
2017 $1,639 $16,600 $7,130 $9,470
2016 $1,256 $12,670 $3,580 $9,090
2015 $1,253 $12,670 $3,580 $9,090
2014 -- $10,770 $2,870 $7,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 933680

IRES MLS

APN: 1569-06-4-04-012