NOT LISTED FOR SALE

Estimated Value: $425,000 - $545,000

4 Beds
2.5 Baths
2,060 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $425,500 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,903/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Skylights
  • Smoky Hill High School Rated A-
  • No HOA
  • Wood Ceilings

About This Home

As of December 2024

Update: offers due by 2:00 p.m. Saturday November 16th* Don’t miss this incredible investment opportunity in Cherry Creek Schools! This spacious 4-bedroom, 3-bathroom home offers over 2800 sq ft, including 2000 sq ft above grade, and is ready for renovation to unlock its full potential. With a minimum projected after-repair value (ARV) of $550,000, this property is perfect for investors seeking a profitable fix-and-flip or a rewarding rehab-and-hold project. This home truly has “good bones,” including a 2 car garage and brand-new Class 4 impact-resistant roof and LeafGuard gutters installed in May 2024. The traditional 2-story layout features a large and versatile main floor with endless possibilities for reconfiguration. The kitchen has been partially renovated and expanded, featuring newer stainless appliances and a custom wood ceiling. Upstairs, you’ll find a vaulted primary suite with dual closets and an ensuite bath with a skylight, plus three additional spacious bedrooms. Laundry is conveniently located on the upper level, and the newer washer and dryer are included in the sale. The unfinished basement offers significant value-add potential, providing the opportunity to transform this property into a 5-bedroom, 4-bathroom home. Sitting on a 9500+ sq ft lot, this yard and curb appeal have amazing potential. This property is located in the desirable Cherry Creek Schools district, adding to its appeal for future buyers. With the spring market approaching, the timing is ideal to start this profitable project this year and have it market-ready right as prime selling season begins* The seller seeks “As-Is” cash or hard money offers with a quick closing and a rent-back until December 15th. Offers should also include terms allowing the seller to leave any and all personal property, both inside and out. Bring your vision and tools to transform this property into its next chapter!

Last Agent to Sell the Property

Kylie Russell

LIV Sotheby's International Realty Brokerage Email: krussell@livsothebysrealty.com,303-521-7165 License #40037823 Listed on: 11/13/2024

LIV Sotheby's International Realty

Last Buyer's Agent

Stephen Bernauer

Redfin Corporation License #100040130

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1982

Lot Details

  • 9,453 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Wood Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Interior Basement Entry

Schools

  • Summit Elementary School
  • Horizon Middle School
  • Smoky Hill High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Summer Valley Subdivision

Listing and Financial Details

  • Exclusions: Seller`s personal property
  • Assessor Parcel Number 031609691

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1982
  • Above Grade Finished Sq Ft: 2060
  • Exclusions: Seller`s personal property
  • Living Area: 2060
  • Property Condition: Fixer
  • SubdivisionName: Summer Valley
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 780.00
  • REC_ExpectedActiveDate: 2024-11-13
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.02530
  • Attribution Contact: krussell@livsothebysrealty.com,303-521-7165
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Primary Suite, T&G Ceilings, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile
  • Fireplace Features: Wood Burning
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Interior Entry, Partial
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Bathrooms: 1
  • Window Features: Skylight(s)

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • 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: Horizon

Lot Info

  • Parcel Number: 031609691
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 2840
  • Lot Features: Level
  • Lot Size Sq Ft: 9453
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2331

MLS Schools

  • Elementary School: Summit
  • High School: Smoky Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Dec 2, 2024
Sold by
Rose August
Bought by
Mig Properties Llc
Seller's Agent
Kylie Russell
LIV Sotheby's International Realty
Buyer's Agent
Stephen Bernauer
Redfin Corporation
List Price
$415,000
Sold Price
$425,500
Premium/Discount to List
$10,500
2.53%
Views
121
Current Estimated Value
$489,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,664
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
Jul 15, 2022
Sold by
Rose August
Bought by
Rose August and Rose Pandora Briar

Purchase Details

Closed on
Apr 16, 2009
Sold by
Rowe Hugh A and Rowe Keely L
Bought by
Rose August

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,489
Interest Rate
4.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1996
Sold by
Reinking Steven E and Reinking Lisa L
Bought by
Rowe Hugh A and Rowe Keely L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8%

Purchase Details

Closed on
Jun 11, 1991
Sold by
Conversion Arapco
Bought by
Reinking Lisa L Reinking Steven E

Purchase Details

Closed on
May 1, 1982
Sold by
Conversion Arapco
Bought by
Conversion Arapco

Purchase Details

Closed on
Mar 1, 1981
Sold by
Conversion Arapco
Bought by
Conversion Arapco

Purchase Details

Closed on
Jul 4, 1776
Bought by
Conversion Arapco
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
Mig Properties Llc $425,000 Land Title Guarantee
Mig Properties Llc $425,000 Land Title Guarantee
Rose August -- None Listed On Document
Rose August $249,000 Stewart Title
Rowe Hugh A $144,000 Land Title
Reinking Lisa L Reinking Steven E -- --
Conversion Arapco -- --
Conversion Arapco -- --
Conversion Arapco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose August $69,568
Previous Owner Rose August $244,489
Previous Owner Rowe Hugh A $58,000
Previous Owner Rowe Hugh A $153,000
Previous Owner Rowe Hugh A $50,000
Previous Owner Rowe Hugh A $34,900
Previous Owner Rowe Hugh A $131,990
Previous Owner Rowe Hugh A $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $425,500 +2.5% $207 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $415,000 -- $201 / 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 $2,331 $33,694 -- --
2023 $2,331 $33,694 $0 $0
2022 $2,090 $28,850 $0 $0
2021 $2,103 $28,850 $0 $0
2020 $1,983 $27,607 $0 $0
2019 $1,913 $27,607 $0 $0
2018 $1,748 $23,710 $0 $0
2017 $1,723 $23,710 $0 $0
2016 $1,733 $22,360 $0 $0
2015 $1,649 $22,360 $0 $0
2014 -- $18,650 $0 $0
2013 -- $19,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1554671

REcolorado®

APN: 2073-04-1-15-003