NOT LISTED FOR SALE

Estimated Value: $508,571 - $611,000

5 Beds
2 Baths
1,384 Sq Ft
$404/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $529,000 $382 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,300/month

65 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Tile Flooring
  • Private Yard
  • Front Porch
  • 4-minute walk to Kentucky & Knox Park

About This Home

As of April 2024

Amazing income opportunity for both sides of a duplex in west Denver! Unit 1 is a vacant, 3-bed, 1-bath home with a private yard
and access to the 2-car garage (the basement bedroom is non-conforming). Unit 2 is a 2-bed, 1-bath home that also has a private yard, currently rented for $1,500/month. Tenants pay all utilities and take care of the yard so the owner's operating costs are very minimal! The entire property was fully renovated in 2020, and Unit 2 has new flooring and paint, as well as upgraded plumbing as of 2022. Unit 1 has new laminate flooring on the main level and is freshly painted. Move into Unit 1 and allow Unit 2, leased through May 2024, to supplement your mortgage, or there is the opportunity to create cash flow with both units. (Unit 1 was previously rented month-to-month for $1850/month).

Last Agent to Sell the Property

Bridget D Angelo

Compass - Denver Brokerage Email: bridget@bridgetdangelo.com,720-326-8913 License #100042982 Listed on: 01/18/2024

Compass - Denver

Last Buyer's Agent

Kathy Sloan

Property Dominator License #100079011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1934 | Remodeled

Lot Details

  • 9,750 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Dirt Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Finished Basement
  • Partial Basement
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Castro Elementary School
  • Kepner Middle School
  • Abraham Lincoln High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Cable TV Available

Additional Features

  • Front Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Adams Garadens Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Property held in a trust
  • Tenant pays for cable TV, electricity, gas, internet, trash collection, water
  • The owner pays for taxes
  • Assessor Parcel Number 5173-04-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,595

Year Built

Built in 1934 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1934
  • Above Grade Finished Sq Ft: 1211
  • Entry Location: Ground
  • Exclusions: Tenants personal property.
  • Living Area: 1384
  • Property Condition: Updated/Remodeled
  • Directions: From W Alameda Ave, south on S Federal Blvd. Right on W Exposition Ave. Left on S Knox Ct. Right on W Walsh Pl. Property is on the right.
  • SubdivisionName: Adams Garadens
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Appraiser
  • REC_BelowGradeUnfinishedArea: 43.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: bridget@bridgetdangelo.com,720-326-8913
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate, Tile
  • Common Walls: 1 Common Wall
  • Basement: Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 173
  • Entry Level: 1

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Stucco
  • Exterior Features: Private Yard
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway-Dirt
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 6
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke 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

Schools

  • Middle Or Junior School: Kepner

Lot Info

  • Parcel Number: 5173-04-011
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 1427
  • Lot Features: Level
  • Lot Size Sq Ft: 9750
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Taxes
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1595

MLS Schools

  • Elementary School: Castro
  • High School: Abraham Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 17, 2024
Sold by
Mlowry Investments Llc
Bought by
Baker David
Seller's Agent
Bridget D Angelo
Compass - Denver
Buyer's Agent
Kathy Sloan
Property Dominator
List Price
$529,000
Sold Price
$529,000
Views
203
Current Estimated Value
$559,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,786
Avg. Annual Appreciation
3.92%
Original Mortgage
$508,750
Outstanding Balance
$501,148
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$58,638

Purchase Details

Closed on
Jul 30, 2020
Sold by
Lowry Michael A
Bought by
M Lowry Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2020
Sold by
Trps Development Llc
Bought by
Lowry Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2020
Sold by
Hathaway Clay E
Bought by
Trps Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,550
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1998
Sold by
England Marianne R
Bought by
Hathaway Clay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,910
Interest Rate
11.9%

Purchase Details

Closed on
Jan 21, 1998
Sold by
England Terry L and England Marianne R
Bought by
England Marianne R

Purchase Details

Closed on
Aug 16, 1996
Sold by
Norbom Investments
Bought by
England Terry L and England Marianne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.27%
Source: Public Records

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
Baker David $529,000 First American Title
M Lowry Investments Llc -- None Available
Lowry Michael A $480,000 First Integrity Title Co
Trps Development Llc $265,000 First Integrity Title
Hathaway Clay E $99,900 Stewart Title
England Marianne R -- --
England Terry L $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker David $508,750
Previous Owner Lowry Michael A $360,000
Previous Owner Trps Development Llc $275,550
Previous Owner Hathaway Clay E $89,910
Previous Owner England Terry L $54,000
Closed Hathaway Clay E $4,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $529,000 0.0% $382 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $529,000 -- $382 / 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 $3,843 $48,520 $7,410 $41,110
2023 $3,760 $48,520 $7,410 $41,110
2022 $1,595 $20,060 $10,960 $9,100
2021 $1,595 $21,100 $11,530 $9,570
2020 $1,633 $22,010 $8,720 $13,290
2019 $1,587 $22,010 $8,720 $13,290
2018 $1,465 $18,940 $6,280 $12,660
2017 $1,461 $18,940 $6,280 $12,660
2016 $1,243 $15,240 $5,898 $9,342
2015 $1,191 $15,240 $5,898 $9,342
2014 $1,060 $12,760 $3,471 $9,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2706480

REcolorado®

APN: 5173-04-011