$1,237,000
SOLD SEP 17, 2024
5 Beds
3 Baths
2,946 Sq Ft
6,160 Sq Ft Lot

Recently Sold

$420 Per Sq Ft

1% Below List Price

32 Days on Market

Highlights

  • City View
  • Corner Lot
  • No HOA
  • Deck
  • Private Yard
  • Covered patio or porch

About This Home

As of September 2024

INCOME Opportunity with this perfect LoHi Triplex. Featuring 3 units, a detached garage, and a large homesite, the opportunity is yours for the taking. Imagine renting all three units as a lucrative investment property, or embracing the house hack lifestyle by living in one unit and renting out the other two—essentially living for free!
Initial offer couldn’t come to an inspection resolution. Seller took off market to complete repairs. New Replaced Sewer Line, Significant Electrical Repairs, Roof Seal Repairs, Swamp Cooler Repaired. Step through the main entrance into a charming 1 bedroom / 1 bathroom unit, complete with a stackable laundry unit. The spacious kitchen and dining area flow into the open and inviting living room, creating the perfect atmosphere for entertaining. The bedroom, flooded with natural light and hardwood floors, boasts a spacious closet, as well as easy access to the remodeled bathroom. The next 2 units are accessed through the rear entrance. The upper unit is a 2 bedroom / 1 bathroom unit welcomes you with the light and airy kitchen and dining area. The open living room is complimented by large windows, bathing the space in natural light, and plenty of wall space. Down the hallway, you're led to two bedrooms, separated by the updated bathroom. Both bedrooms are equipped with ample closet space, and plenty of windows, creating a lively and refreshing ambiance. Downstairs, through the lower rear entrance, is a beautifully updated 2 bedroom / 1 bathroom unit with In Floor Radiant heat! Upon entry, you'll find a spacious kitchen with large kitchen island. Legal Egress added to primary bedroom. The open-concept living room enhances the natural light. The bright and open primary bedroom is a perfect retreat, complimented by ample closet space. With this Triplex located in LoHi, you'll never miss out as this property is walking distance from restaurants, shops, parks, and so much more! You won't want to pass up this incredible opportunity!

Last Agent to Sell the Property

Ryan Davis

Keller Williams Real Estate LLC Brokerage Email: ryan@ryanandcolorado.com,720-207-3992 License #100043451 Listed on: 07/10/2024

Keller Williams Real Estate LLC

Last Buyer's Agent

Sarah Garratt

Your Castle Real Estate Inc License #40041889

Your Castle Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,389

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,160 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 1-Story Property
  • City Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Trevista At Horace Mann Elementary School
  • Skinner Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Highland Subdivision

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Tenant pays for cable TV, electricity, gas, internet, water
  • The owner pays for insurance, taxes, trash collection
  • Assessor Parcel Number 2282-09-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,389

Year Built

Built in 1938 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 1784
  • Exclusions: Sellers Personal Property
  • Living Area: 2946
  • Property Condition: Updated/Remodeled
  • Directions: House is on SW Corner of 37th and Tejon. There is alternative address of 3655 Tejon Street for GPS.
  • SubdivisionName: Highland
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.03083
  • Attribution Contact: ryan@ryanandcolorado.com,720-207-3992
  • Special Features: VirtualTour

Interior Features

  • Basement: Daylight, Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1162

Exterior Features

  • Direction Faces: East
  • Roof: Membrane
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Garden, Private Yard
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Hot Water
  • Water Source: Public

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: Skinner

Lot Info

  • Parcel Number: 2282-09-013
  • Lot Size Acres: 0.14
  • Fencing: Full
  • Building Area Total: 2946
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 6160
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7389

MLS Schools

  • Elementary School: Trevista at Horace Mann
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 17, 2024
Sold by
Weisenbach Teresa M and Mcguinness Mary A
Bought by
Lo Joyce Sybil
Seller's Agent
Ryan Davis
Keller Williams Real Estate LLC
Buyer's Agent
Sarah Garratt
Your Castle Real Estate Inc
List Price
$1,250,000
Sold Price
$1,237,000
Premium/Discount to List
-$13,000
-1.04%
Views
8
Current Estimated Value
$1,243,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,000
Avg. Annual Appreciation
-0.60%
Original Mortgage
$927,750
Outstanding Balance
$922,620
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$308,182

Purchase Details

Closed on
Apr 3, 2019
Sold by
Peterson Robert A
Bought by
Weisenbach Teresa M and Mcguinness Mary A

Purchase Details

Closed on
Oct 16, 2009
Sold by
Bretz Laurene A
Bought by
Peterson Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,040
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2008
Sold by
Lab Llc
Bought by
Bretz Laurene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bretz Laurene A
Bought by
Lab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 1996
Sold by
Riddick Gerald L and Riddick Suzette F
Bought by
Bretz Laurene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
8.32%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 1995
Sold by
Garcia Stephanie L
Bought by
Riddick Gerald L and Riddick Suzette F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
9.5%

Purchase Details

Closed on
May 31, 1995
Sold by
Rondinelli Nick and Rondinelli Helen M
Bought by
Garcia Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
8.2%

Purchase Details

Closed on
Jan 2, 1994
Sold by
Garcia Anne L
Bought by
Garcia Stephanie L
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 $1,237,000 Homestead Title
Warranty Deed $955,000 Equity Title
Warranty Deed $300,000 Stewart Title
Quit Claim Deed -- Stewart Title
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed $154,000 --
Joint Tenancy Deed $135,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $927,750 New Conventional
Previous Owner $406,000 New Conventional
Previous Owner $282,695 FHA
Previous Owner $293,040 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $133,000 Unknown
Previous Owner $69,000 Credit Line Revolving
Previous Owner $160,000 Unknown
Previous Owner $169,000 FHA
Previous Owner $121,500 No Value Available
Previous Owner $116,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Sold $1,237,000 -1.0% $420 / Sq Ft
08/09/2024 08/09/24 For Sale $1,250,000 +1.1% $424 / Sq Ft
07/14/2024 07/14/24 Off Market $1,237,000 -- --
07/10/2024 07/10/24 For Sale $1,200,000 -- $407 / 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 $7,553 $95,360 $40,630 $54,730
2023 $7,389 $95,360 $40,630 $54,730
2022 $5,383 $67,690 $44,980 $22,710
2021 $5,311 $71,170 $47,290 $23,880
2020 $4,258 $57,390 $39,410 $17,980
2019 $4,139 $57,390 $39,410 $17,980
2018 $4,182 $54,060 $35,720 $18,340
2017 $4,170 $54,060 $35,720 $18,340
2016 $4,098 $50,250 $28,521 $21,729
2015 $3,926 $50,250 $28,521 $21,729
2014 $2,772 $33,370 $14,686 $18,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8298440

REcolorado®

APN: 02282-09-013-000