B
Seller's Agent in 2024
Bobby Reginelli
MODUS Real Estate
3240 N Madison St Denver, CO 80205
Clayton Neighborhood
3
Beds
2
Baths
1,420
Sq Ft
7,280
Sq Ft Lot
Highlights
- Midcentury Modern Architecture
- Property is near public transit
- No HOA
- East High School Rated A
- Private Yard
- Covered patio or porch
About This Home
As of December 2024Welcome to 3238-3240 Madison Street, a charming mid-century styled brick duplex in the heart of Denver. This listing is for both units of this duplex which offers the perfect investment potential for first time buyers and experienced investors alike. The upstairs 2 bed, 1 bath unit is available for immediate move in and is recently remodeled. Newer double pane windows, new paint, new lights, modern bathroom, newer appliances and a great layout. The garden level 1 bed, 1 bath unit is currently leased for $1500/month until February 2025 and has its own separate front entrance. There is a shared laundry/utility room with washer/dryer in the basement and extra storage for both units. The roof was just recoated in 2024, brand new water heater installed and a new central air conditioner. The sewer line has been updated to PVC. Step outside into your spacious backyard on this nearly 8000sqft lot! There is so much room for expansion and the potential to build a garage or ADU(s). The full fenced yard also has so many amazing spaces for gardening and includes a large shed for all your tools/toys. There is a gate off the alley which allows you to park up to 6 vehicles including large RVs, boats, etc. in the yard. Secure fencing all around the property provides a haven for furry friends and lots of space to entertain. Close to highways, coffee shops, parks, great restaurants, City Park Golf Course and so much charm in the historic Clayton neighborhood. Not often does a property with so much potential come onto the market at a price below $600k. Offset your mortgage payment or perhaps even live for free. Financing incentives available. Please reach out to listing agent Bobby Reginelli for details. While the upstairs two bedroom unit is vacant and available to show anytime, we have arranged for a 1 hour period to show both units at our OPEN HOUSE this Saturday, November 16 from 11am - 12pm
Set up your showing today. This property won’t last long.
Last Agent to Sell the Property
MODUS Real Estate Brokerage Email: BobbyILoveYourWay@gmail.com,720-636-6096 License #100082744 Listed on: 11/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,834
Year Built
- Built in 1945 | Remodeled
Lot Details
- 7,280 Sq Ft Lot
- West Facing Home
- Property is Fully Fenced
- Landscaped
- Level Lot
- Private Yard
- Garden
Parking
- 6 Parking Spaces
Home Design
- Duplex
- Midcentury Modern Architecture
- Brick Exterior Construction
- Rolled or Hot Mop Roof
- Tar and Gravel Roof
- Fiberglass Roof
Interior Spaces
- Multi-Level Property
Kitchen
- Freezer
- Laminate Countertops
Flooring
- Carpet
- Linoleum
- Concrete
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Partial Basement
- Exterior Basement Entry
- Laundry in Basement
- Natural lighting in basement
Home Security
- Smart Thermostat
- Outdoor Smart Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
Outdoor Features
- Covered patio or porch
- Exterior Lighting
- Rain Gutters
Location
- Ground Level
- Property is near public transit
Schools
- Columbine Elementary School
- Whittier E-8 Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Single-Phase Power
- 220 Volts
- 110 Volts
- Natural Gas Connected
- High-Efficiency Water Heater
- Gas Water Heater
- High Speed Internet
- Phone Available
Listing and Financial Details
- Exclusions: Staging and tenant personal property. Owners property in shed.
- Tenant pays for cable TV, electricity, gas, grounds care, internet
- The owner pays for insurance, taxes, trash collection, water
- Assessor Parcel Number 2251-48-010
Community Details
Overview
- No Home Owners Association
- Clayton Subdivision
Pet Policy
- Dogs and Cats Allowed
Additional Features
- Laundry Facilities
- Operating Expense $3,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2024
Closed on
Dec 13, 2024
Sold by
Crouthamel Brad
Bought by
Castellano Nicholas
Seller's Agent
Bobby Reginelli
MODUS Real Estate
Buyer's Agent
Michael Steffen
EXIT Realty DTC, Cherry Creek, Pikes Peak.
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,227
Avg. Annual Appreciation
1.51%
Original Mortgage
$500,000
Outstanding Balance
$498,253
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$132,666
Purchase Details
Closed on
Oct 11, 2007
Sold by
Fc Acceptance Co Llc
Bought by
Crouthamel Brad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,800
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 7, 2007
Sold by
Tarbell John A
Bought by
Fc Acceptance Co Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,800
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 21, 2005
Sold by
Tarbell John
Bought by
Fc Partners Llc
Purchase Details
Closed on
Nov 8, 2004
Sold by
Copeland Tahmra
Bought by
Tarbell John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.78%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 20, 2003
Sold by
Brisker Andra and Brisker Joanne
Bought by
Bankers Trust Co Of California Na
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | Exact Title | |
| Warranty Deed | $625,000 | Exact Title | |
| Special Warranty Deed | $185,400 | Fahtco | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | $135,600 | -- | |
| Special Warranty Deed | $125,000 | Chicago Title Co | |
| Trustee Deed | $198,037 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Closed | $500,000 | New Conventional | |
| Previous Owner | $170,950 | FHA | |
| Previous Owner | $179,800 | Purchase Money Mortgage | |
| Previous Owner | $3,000,000 | Unknown | |
| Previous Owner | $165,600 | Unknown | |
| Previous Owner | $1,622 | Stand Alone Second | |
| Previous Owner | $10,750 | Stand Alone Second | |
| Previous Owner | $20,000 | Stand Alone Second | |
| Previous Owner | $3,000 | Stand Alone Second | |
| Previous Owner | $158,655 | Unknown | |
| Previous Owner | $76,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $625,000 | +4.3% | $440 / Sq Ft |
| 11/15/2024 11/15/24 | For Sale | $599,000 | -- | $422 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $3,919 | $49,480 | $22,060 | $27,420 |
| 2023 | $3,834 | $49,480 | $22,060 | $27,420 |
| 2022 | $2,288 | $28,770 | $16,630 | $12,140 |
| 2021 | $2,256 | $30,240 | $17,480 | $12,760 |
| 2020 | $2,132 | $28,730 | $14,990 | $13,740 |
| 2019 | $2,072 | $28,730 | $14,990 | $13,740 |
| 2018 | $1,598 | $20,660 | $12,580 | $8,080 |
| 2017 | $1,594 | $20,660 | $12,580 | $8,080 |
| 2016 | $1,456 | $17,850 | $6,670 | $11,180 |
| 2015 | $1,395 | $17,850 | $6,670 | $11,180 |
| 2014 | $866 | $10,430 | $3,335 | $7,095 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2024
Michael Steffen
EXIT Realty DTC, Cherry Creek, Pikes Peak.
Map
Source: REcolorado®
MLS Number: 5629319
APN: 2251-48-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Nearby Homes
- 3320 N Madison St
- 3334 N Madison St
- 3251 Cook St
- 3480 E 31st Ave
- 3330 Bruce Randolph Ave
- 3080 Cook St
- 3044 Wilson Ct Unit 2
- 3509 Monroe St
- 3030 Wilson Ct Unit 3
- 3030 Wilson Ct Unit 5
- 3429 Adams St
- 3227 N Steele St
- 3055 Adams St
- 3359 Steele St
- 2610 Monroe St
- 3336 Saint Paul St
- 3450 Harrison St
- 3440 Harrison St
- 2960 N Steele St
- 3070 Colorado Blvd