NOT LISTED FOR SALE

Estimated Value: $529,000 - $532,963

4 Beds
2 Baths
1,992 Sq Ft
$267/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2023

Last sale price $515,000 $259 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,146 / mo

2 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Covered Patio or Porch
  • McAuliffe International School Rated A
  • No HOA
  • Tile Flooring

About This Home

As of November 2023

Introducing a promising investment opportunity in Northeast Park Hill. This 1953 raised brick up/down duplex boasts two separate units, each featuring two bedrooms and one bathroom, with 996 sq. ft. of living space per unit, totaling 1992 sq. ft in the building. The 6250 sq. ft. double lot showcases two trees gracing the front yard. The upper unit showcases cove ceilings, adding character to this investment property. While public records list the apartment address as 3563 Krameria, informally the garden level unit is known as 3561 Krameria. The lower unit enjoys plenty of natural light pouring in through large windows, thanks to its 8ft ceiling height. Each unit has its own gas meters and electrical panels. A shared coin-operated laundry room on the lower level provides an opportunity for additional income. The backyard offers a covered patio, a lawn area, and four off-street parking spaces. The previous owner used this property for Section 8 housing, making $1600 per unit, totaling $3200 per month. With renovations, you can expect rental rates in the range of $2k - $2.5K per unit, significantly increasing your income potential. The neighborhood is witnessing remarkable growth, with a recently remodeled single-family home across the street under contract for $635K, offering almost $100K more for half the space. With updates, I estimated the property could be worth approximately $775K (reference: Listing at 3334 Olive Street, Denver, CO 80207). Don’t miss out on this incredible investment opportunity in a rapidly appreciating area. Contact us today to explore the potential of this duplex and secure your foothold in the thriving Park Hill neighborhood!

Last Agent to Sell the Property

Kassidy Benson

Living Room Real Estate Brokerage Email: Kassidy@LivingRoomDenver.com,303-720-8491 License #100053612 Listed on: 09/20/2023

Last Buyer's Agent

Kassidy Benson

Living Room Real Estate Brokerage Email: Kassidy@LivingRoomDenver.com,303-720-8491 License #100053612 Listed on: 09/20/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,263

Year Built

  • Built in 1953

Lot Details

  • 6,250 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Fixer Upper
  • Brick Exterior Construction
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • 2 Bedrooms in Basement
  • Natural lighting in basement

Schools

  • Smith Renaissance Elementary School
  • Dsst: Conservatory Green Middle School
  • East High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1292-13-012

Community Details

Overview

  • No Home Owners Association
  • North Park Hill Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,263

Year Built

Built in 1953

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 1992
  • Exclusions: N/A
  • Living Area: 1992
  • Property Condition: Fixer
  • SubdivisionName: North Park Hill
  • Ownership: Estate
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.97170
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum, Tile
  • Full Bathrooms: 2
  • Basement: Daylight, Exterior Entry, Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter, Raised
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Alley Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling, None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area

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: DSST: Conservatory Green

Lot Info

  • Parcel Number: 1292-13-012
  • Lot Size Acres: 0.14
  • Fencing: Partial
  • Building Area Total: 1992
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2263

MLS Schools

  • Elementary School: Smith Renaissance
  • High School: East

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 9, 2023
Sold by
Bought by
Seller's Agent
Kassidy Benson
Living Room Real Estate
Buyer's Agent
Kassidy Benson
Living Room Real Estate
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Views
25
Current Estimated Value
$530,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,982
Avg. Annual Appreciation
1.15%
Original Mortgage
$497,811
Outstanding Balance
$483,340
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$47,642

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 24, 2023
Sold by
Bought by
Seller's Agent
Kassidy Benson
Living Room Real Estate
Buyer's Agent
Kassidy Benson
Living Room Real Estate
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,811
Outstanding Balance
$483,340
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$47,642

Purchase Details

Closed on
Aug 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 14, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,700
Interest Rate
8.23%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 None Listed On Document
-- None Listed On Document
-- None Available
-- None Available
-- None Available
-- Stewart Title
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $497,811
Previous Owner --
Previous Owner $128,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $515,000 -2.8% $259 / Sq Ft
09/21/2023 09/21/23 For Sale $530,000 -- $266 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,126 $40,860 $13,210 $13,210
2024 $3,590 $45,330 $8,870 $36,460
2023 $3,512 $45,330 $8,870 $36,460
2022 $2,263 $28,460 $8,490 $19,970
2021 $2,233 $29,930 $8,930 $21,000
2020 $2,223 $29,960 $8,930 $21,030
2019 $2,161 $29,960 $8,930 $21,030
2018 $1,611 $20,820 $5,850 $14,970
2017 $1,606 $20,820 $5,850 $14,970
2016 $1,366 $16,750 $5,970 $10,780
2015 $1,309 $16,750 $5,970 $10,780
2014 $1,017 $12,240 $3,980 $8,260
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 5755943

REcolorado®

APN: 1292-13-012

Your Personal Tour Guide

Ask me questions while you tour the home.