NOT LISTED FOR SALE

Estimated Value: $198,000 - $446,000

0.14 Acre
$1,861,593 Price per Acre
6,250 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $210,000 $197 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,975/month

87 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-minute walk to M.L. “Sam” Sandos Park
  • Development of the land is complete

About This Lot

As of May 2024

6,250 SF vacant corner lot; E-SU-D Zoning (Urban Edge-Single Unit-6,000sf); Located at 8th & Grove in Barnum Neighborhood; Near 6th Avenue and Federal Blvd intersection, just west of downtown Denver.

Last Agent to Sell the Property

Joe Hornstein

NorthPeak Commercial Advisors, LLC Brokerage Email: joe@northpeakcre.com,720-939-2943 License #40032215 Listed on: 02/12/2024

Last Buyer's Agent

Joe Hornstein

NorthPeak Commercial Advisors, LLC Brokerage Email: joe@northpeakcre.com,720-939-2943 License #40032215 Listed on: 02/12/2024

Property Details

Property Type

  • Land

Year Built

  • 1931

Lot Details

  • 6,250 Sq Ft Lot
  • Level Lot
  • Development of the land is complete
  • Property is zoned E-SU-D

Community Details

  • No Home Owners Association
  • Villa Park Subdivision

Listing and Financial Details

  • Exclusions: TBD
  • Assessor Parcel Number 5053-31-009

Property Details

Property Type

Land

Year Built

1931

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: TBD
  • SubdivisionName: Villa Park
  • Ownership: Government
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.84000
  • Attribution Contact: joe@northpeakcre.com,720-939-2943
  • Special Features: None
  • Year Built: 1931

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Association/Amenities

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

Lot Info

  • Parcel Number: 5053-31-009
  • Lot Size Acres: 0.14
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
May 28, 2024
Sold by
Del Norte Neighborhood Dev Cor
Bought by
3115 W 8Th Llc
Seller's Agent
Joe Hornstein
NorthPeak Commercial Advisors, LLC
Buyer's Agent
Joe Hornstein
NorthPeak Commercial Advisors, LLC
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Total Days on Market
87
Views
61
Current Estimated Value
$260,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,623
Avg. Annual Appreciation
23.58%

Purchase Details

Closed on
Jun 20, 2018
Sold by
Bank Of America Na
Bought by
Del Norte Neighborhood Development Corpo

Purchase Details

Closed on
Apr 3, 2015
Sold by
Montoya Joyce M
Bought by
Bank Of America Na

Purchase Details

Closed on
Jan 15, 1996
Sold by
Martinez Joyce M
Bought by
Montoya Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.5%
Source: Public Records

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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
3115 W 8Th Llc $210,000 Land Title
Del Norte Neighborhood Development Corpo $285,000 Land Title Guranty
Bank Of America Na -- None Available
Montoya Joyce M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montoya Joyce M $142,503
Previous Owner Montoya Joyce M $20,000
Previous Owner Montoya Joyce M $98,600
Previous Owner Montoya Joyce M $65,800
Previous Owner Montoya Joyce M $27,517
Previous Owner Montoya Joyce M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $210,000 -6.7% $197 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $225,000 -10.0% $211 / Sq Ft
02/12/2024 02/12/24 For Sale $250,000 -- $235 / 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 $6,212 $78,430 $78,430 --
2023 $6,077 $78,430 $78,430 --
2022 $3,238 $40,720 $40,720 --
2021 $3,038 $40,720 $40,720 $0
2020 $2,554 $34,420 $34,420 $0
2019 $2,482 $34,420 $34,420 $0
2018 $1,156 $14,940 $6,750 $8,190
2017 $1,152 $14,940 $6,750 $8,190
2016 $818 $10,030 $3,733 $6,297
2015 $784 $10,030 $3,733 $6,297
2014 $532 $6,400 $1,990 $4,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5578727

REcolorado®

APN: 5053-31-009