NOT LISTED FOR SALE

Estimated Value: $743,000 - $796,000

3 Beds
2.5 Baths
2,359 Sq Ft
$328/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $738,000 $313 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,457/month

47 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Brick Veneer
  • No HOA
  • 2 Car Attached Garage
  • Patio

About This Home

As of January 2024

3.75% ASSUMABLE LOAN! SELLER IS OFFERING A $15,000 CONCESSION FOR A RATE BUY-DOWN. THE BUYER GOT COLD FEET! The buyer's loss is your gain! Scheduling showings this week can be challenging. Call agent to set up a showing. Airbnb - Live/Work - 2 Kitchens - Private Entrance to Basement - Perfect House Hack - Updown duplex - Multi-Generational Living - Mid-century home with a touch of modern elegance and nestled on the best lot in the neighborhood! The home offers potential for Airbnb income or long term rental, confirm regulations with the city of Wheat Ridge. There is a separate entrance to basement for Rental or Home office, great for CPAs, Massage Therapists, or other small businesses.

Last Agent to Sell the Property

Barry Kunselman

Porchlight Real Estate Group Listed on: 09/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,232

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,359 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Wilmore-Da Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity, water
  • Assessor Parcel Number 023877

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Echert Subdivision

Building Details

  • Gross Income $20,952
  • Net Operating Income $17,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,232

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1955
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.39
  • Subdivision Name: Echert
  • Above Grade Finished Sq Ft: 1571
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2359
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 788
  • Living Area: 2359
  • Room Bedroom3 Features: Tile Floor
  • Dining Room Features: Tile Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 182
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Wood Floor
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 209
  • Living Room Features: Tile Floor
  • Room Kitchen Area: 130
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 168
  • Room Dining Room Area: 231
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_Garage Sq Ft: 504
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Heating: Hot Water
  • Utilities: Cable Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Wilmore-Da
  • HighSchool: Wheat Ridge
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Everitt

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 16966
  • Parcel #: 023877
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3232

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20952
  • Annual Operating Expense: 3232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jan 4, 2024
Sold by
Labelle James Edward and Labelle Valerie Rose
Bought by
Haag Patrick J
Seller's Agent
Barry Kunselman
Porchlight Real Estate Group
List Price
$775,000
Sold Price
$738,000
Premium/Discount to List
-$37,000
-4.77%
Views
289
Current Estimated Value
$774,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,701
Avg. Annual Appreciation
2.88%
Original Mortgage
$393,000
Outstanding Balance
$386,123
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$388,578

Purchase Details

Closed on
Jan 14, 2017
Sold by
Labelle James Edward
Bought by
Labelle James Edward and Labelle Valerie Rose

Purchase Details

Closed on
Apr 22, 2016
Sold by
Gooch Stephen Patrick and Jean Nichols V
Bought by
Labelle James Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,297
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2007
Sold by
Brooks Laura A
Bought by
Gooch Stephen Patrick and Jean Nichols V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,710
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 1996
Sold by
Echert Thomas R
Bought by
Brooks Laura A

Purchase Details

Closed on
Nov 17, 1995
Sold by
Brooks Laura A
Bought by
Brooks Laura A and Echert Thomas R
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
Haag Patrick J $738,000 None Listed On Document
Labelle James Edward -- None Available
Labelle James Edward $433,500 Fst
Gooch Stephen Patrick $252,138 None Available
Brooks Laura A -- --
Brooks Laura A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haag Patrick J $393,000
Previous Owner Labelle James Edward $424,297
Previous Owner Gooch Stephen Patrick $201,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $738,000 -2.3% $313 / Sq Ft
12/01/2023 12/01/23 Price Changed $755,000 -0.6% $320 / Sq Ft
11/15/2023 11/15/23 Price Changed $759,900 -1.3% $322 / Sq Ft
10/06/2023 10/06/23 Price Changed $769,900 -0.7% $326 / Sq Ft
09/15/2023 09/15/23 For Sale $775,000 -- $329 / Sq Ft
Source: IRES MLS

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 $4,197 $48,002 $25,902 $22,100
2023 $4,197 $48,002 $25,902 $22,100
2022 $3,232 $36,302 $16,928 $19,374
2021 $3,277 $37,346 $17,415 $19,931
2020 $3,135 $35,910 $17,302 $18,608
2019 $3,093 $35,910 $17,302 $18,608
2018 $2,823 $31,680 $10,648 $21,032
2017 $2,549 $31,680 $10,648 $21,032
2016 $2,347 $27,292 $9,080 $18,212
2015 $1,189 $27,292 $9,080 $18,212
2014 $2,006 $21,887 $6,190 $15,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 996411

IRES MLS

APN: 39-233-19-015