NOT LISTED FOR SALE

3963 W 89th Way Westminster, CO 80031

Shaw Heights Neighborhood

Estimated Value: $613,768 - $723,000

7 Beds
4 Baths
3,730 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $311,600 $84 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,077/month

8 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • High Speed Internet
  • No HOA
  • Forced Air Heating System
  • Satellite Dish

About This Home

As of August 2015

Rare Investment Opportunity to Own a Multi-Unit Duplex*Great Income Investment with Positive Cash Flow*Affordable Duplex in Good Shape*Some deferred maintenance needed*Both Sides Currently Rented thru 12/2016*Unit 3963 is a 4BR 2Bth wFinLL & Unit 3983 is 3BR-2Bth with Part Fin LL*Min 4 Hour Notice Required*Allow Notice when Scheduling*Tenant Occupied*Please do not disturb the occupants unless you have a scheduled showing

Last Agent to Sell the Property

Sandi Storck

Coldwell Banker Realty-Boulder Listed on: 07/03/2015

Coldwell Banker Realty-Boulder

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1972

Lot Details

  • 8,960 Sq Ft Lot
  • Fenced

Home Design

  • Property Attached
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,730 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Eat-In Kitchen
  • Washer and Dryer Hookup
  • Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Schools

  • Mesa Elementary School
  • Shaw Heights Middle School
  • Westminster High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, interior maintenance, common area maintenance, trash collection
  • Assessor Parcel Number R0048177

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgemor Manor/Shaw Heights Subdivision

Building Details

  • Gross Income $27,600
  • Net Operating Income $25,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: Ridgemor Manor/Shaw Heights
  • Directions: Sheridan Blvd to W 92nd Ave to R on Stuart St to L on W 89th Way to #3963 on the Left
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3730
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: 2 or more H20 Heaters, Refrigerator
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 7
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Shared Baths, Outside Entry
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Other
  • Waterfront: No
  • Construction Type: Wood Siding
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Westminster
  • Gas Company: Natural Gas, Separate Meter Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mesa
  • HighSchool: Westminster
  • Junior High Dist: Adams CO. Dist 50
  • Middle Or Junior School: Shaw Heights

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 8960
  • Parcel #: R0048177
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Interior Maintenance, Common Area Maintenance, Trash Collection

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1652

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 2552

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2015
Closed on
Aug 10, 2015
Sold by
Striplin Joyce L
Bought by
K & M Investment Group Llc
Seller's Agent
Sandi Storck
Coldwell Banker Realty-Boulder
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$300,000
Sold Price
$311,600
Premium/Discount to List
$11,600
3.87%
Current Estimated Value
$674,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,826
Avg. Annual Appreciation
7.96%
Original Mortgage
$249,280
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
K & M Investment Group Llc $311,600 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & M Investment Group Llc $385,000
Closed K & M Investment Group Llc $249,280
Previous Owner Striplin Joyce L $183,000
Previous Owner Striplin Joyce L $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $311,600 -- --
08/10/2015 08/10/15 Sold $311,600 +3.9% $84 / Sq Ft
07/11/2015 07/11/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $300,000 -- $80 / 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 $4,221 $35,690 $8,440 $27,250
2023 $4,197 $41,060 $9,130 $31,930
2022 $3,912 $32,860 $8,980 $23,880
2021 $4,090 $32,860 $8,980 $23,880
2020 $3,937 $32,930 $9,440 $23,490
2019 $3,928 $32,930 $9,440 $23,490
2018 $3,064 $25,550 $9,070 $16,480
2017 $2,677 $25,550 $9,070 $16,480
2016 $2,032 $18,400 $4,540 $13,860
2015 $2,030 $18,400 $4,540 $13,860
2014 $1,652 $14,310 $3,940 $10,370
Source: Public Records

Agents Affiliated with this Home

  • Sandi Storck

    Seller's Agent in 2015

    Sandi Storck

    Coldwell Banker Realty-Boulder

    (303) 502-4003

    40 Total Sales

    Section Image

  • N

    Buyer's Agent in 2015

    Non-IRES Agent

    CO_IRES

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Map

Source: IRES MLS

MLS Number: 768405

IRES MLS

APN: 1719-19-4-01-029

Colorado Adams County Westminster 80031 Shaw Heights

3963 W 89th Way, Westminster, CO

This home is located at 3963 W 89th Way, Westminster, CO 80031 since 03 July 2015 and is currently estimated at $669,192, approximately $179 per square foot. This property was built in 1972. 3963 W 89th Way is a home located in Adams County with nearby schools including Mesa Elementary School, Shaw Heights Middle School, and Westminster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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