$1,566,000
SOLD AUG 27, 2024

35 S Washington St Denver, CO 80209

Speer Neighborhood
8 Beds
6 Baths
4,044 Sq Ft
9,360 Sq Ft Lot

Recently Sold

$387 Per Sq Ft

13% Below List Price

75 Days on Market

Highlights

  • 0.21 Acre Lot
  • Traditional Architecture
  • Front Porch
  • South High School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of March 2025

Mid-Century condos within one building in fabulous North Wash Park neighborhood. NO HOA Dues to pay, as you own the whole building. Six units- 4 One bed, one bath units and 2 Two bedroom, one bath units each with their own storage in the basement. The building has been well cared for and could yield a much higher cap rate with some cosmetic updates. The building has had one owner for 26+ years. Every unit is currently leased and when they do come available they are usually rented pretty quickly! Two units leases expire in June, 2024. The rents are currently drastically reduced due to the Tenant's longevity at their residences. Two units are rented for a full year close to market value. One unit is month to month and the last unit is rented through August 2024.

All showings are to be scheduled directly with the listing agent. Potential Buyers must show proof of financing and funds before showings.

Last Agent to Sell the Property

Strawberry Windholz

Corcoran Perry & Co. Brokerage Email: swindholz@corcoranperry.com,720-557-9980 License #100048682 Listed on: 03/13/2024

Corcoran Perry & Co.

Last Buyer's Agent

Strawberry Windholz

Corcoran Perry & Co. Brokerage Email: swindholz@corcoranperry.com,720-557-9980 License #100048682 Listed on: 03/13/2024

Corcoran Perry & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,173

Year Built

  • Built in 1954

Lot Details

  • 9,360 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Traditional Architecture
  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,044 Sq Ft Home
  • 1-Story Property
  • Carbon Monoxide Detectors
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Front Porch

Schools

  • Dora Moore Elementary School
  • Grant Middle School
  • South High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Property held in a trust
  • Tenant pays for cable TV, electricity, internet, telephone
  • The owner pays for exterior maintenance, gas, grounds care, insurance, taxes, trash collection, water
  • Assessor Parcel Number 5104-02-032

Community Details

Overview

  • No Home Owners Association
  • North Subdivision

Building Details

  • Operating Expense $23,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,173

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Traditional
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 4044
  • Exclusions: Tenants personal property.
  • Living Area: 4044
  • SubdivisionName: North
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.87000
  • Attribution Contact: swindholz@corcoranperry.com,720-557-9980
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range, Refrigerator, Washer
  • Common Walls: 2+ Common Walls
  • Basement: Exterior Entry, Finished
  • Basement: Yes
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s)

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

Fee Information

  • Operating Expense: 23137

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5104-02-032
  • Lot Size Acres: 0.21
  • Building Area Total: 4044
  • Lot Features: Level, Sloped
  • Lot Size Sq Ft: 9360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Internet, Telephone

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8173

MLS Schools

  • Elementary School: Dora Moore
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Mar 31, 2025
Sold by
Cassel Inc
Bought by
Marrs Audri
Seller's Agent
Nita Kolarsick
Coldwell Banker Global Luxury Denver
Buyer's Agent
Audri Marrs
Marrs Realty and Management
List Price
$1,175,000
Sold Price
$1,225,000
Premium/Discount to List
$50,000
4.26%
Total Days on Market
75
Views
57
Current Estimated Value
$1,191,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,130
Avg. Annual Appreciation
-7.97%
Original Mortgage
$1,163,750
Outstanding Balance
$1,163,750
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$28,120

Purchase Details

Listed on
Mar 13, 2024
Closed on
Aug 30, 2024
Sold by
Pooley Gregg
Bought by
Vertigo Real Estate Ventures Llc
Seller's Agent
Strawberry Windholz
Corcoran Perry & Co.
Buyer's Agent
Strawberry Windholz
Corcoran Perry & Co.
List Price
$1,800,000
Sold Price
$1,566,000
Premium/Discount to List
-$234,000
-13%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.05%
Original Mortgage
$768,000
Interest Rate
6.73%
Mortgage Type
Construction
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 $1,225,000 Land Title
Personal Reps Deed $815,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,163,750 New Conventional
Previous Owner $768,000 Construction
Previous Owner $300,000 Stand Alone First
Previous Owner $100,000 Credit Line Revolving
Previous Owner $356,250 Stand Alone First
Previous Owner $100,000 Credit Line Revolving
Previous Owner $198,250 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $1,225,000 0.0% $395 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/20/2025 01/20/25 Off Market $1,225,000 -- --
01/08/2025 01/08/25 For Sale $1,175,000 -25.0% $379 / Sq Ft
08/27/2024 08/27/24 Sold $1,566,000 -11.8% $387 / Sq Ft
03/13/2024 03/13/24 Price Changed $1,775,000 -1.4% $439 / Sq Ft
03/13/2024 03/13/24 For Sale $1,800,000 -- $445 / 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 $3,759 $47,460 $26,540 $20,920
2023 $3,678 $47,460 $26,540 $20,920
2022 $3,202 $40,260 $21,500 $18,760
2021 $3,091 $41,420 $22,120 $19,300
2020 $2,692 $36,280 $18,430 $17,850
2019 $2,616 $36,280 $18,430 $17,850
2018 $2,522 $32,600 $13,930 $18,670
2017 $2,515 $32,600 $13,930 $18,670
2016 $2,362 $28,970 $12,314 $16,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6353867

REcolorado®

APN: 5104-15-044