$774,000
SOLD MAY 30, 2025
5 Beds
3 Baths
2,084 Sq Ft
0.38 Acres

Recently Sold

$371 Per Sq Ft

5% Below List Price

97 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Oversized Parking

About This Home

As of May 2025

Adorable AND classic Wheat Ridge side-by-side duplex with BONUS basement studio apartment on quiet block. ***Brand new furnaces and water heaters in both units. ***All electrical upgraded.*** One short block to the revitalized business district. For those looking for a way to enter the market just like they did in the 50’s buy this home! Live in one side and offset your mortgage with 2 tenants in the other spaces. Vintage details and charm abound this move-in ready home or do a fresh update for instant equity! Each side of the duplex features 2 bedrooms and 1 bath with plentiful parking. Split the use of the 2-car garage, RV pad, and multiple off-streets spots. 4020 has had a recent facelift with refinished original hardwood floors, fresh paint and new lighting. 4010 is move in ready or can be updated. Market rent on this space is $1950. Basement needs work, but at least the shell is in place. Near all the best of Wheat Ridge with shops, galleries and cafes just out the door… or a quick trip east bound to nearby Tennyson Arts District or West Highlands, also just south of Olde Town Arvada. Easy access to highway for mountain get aways or the downtown commute. You can’t beat the location for the price and the opportunity.

Last Agent to Sell the Property

Jenny Apel

Compass - Denver Brokerage Email: jenny@nostalgichomes.com,303-570-9690 License #40003516 Listed on: 01/31/2025

Compass - Denver

Co-Listed By

Jill Samuels

Compass - Denver Brokerage Email: jenny@nostalgichomes.com,303-570-9690 License #40032299

Last Buyer's Agent

Ann Panagos

Compass - Denver License #100065390

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,772

Year Built

  • Built in 1951

Lot Details

  • 0.38 Acre Lot
  • West Facing Home
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage
  • Oversized Parking
  • 1 RV Parking Space

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Studio bedroom
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Stubbed For A Bathroom
  • Crawl Space

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Stevens Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Garage doors are at least 85 inches wide
  • Smoke Free Home
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Wright Subdivision

Listing and Financial Details

  • Assessor Parcel Number 024648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,772

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1460
  • Entry Location: Exterior Access
  • Exclusions: None
  • Living Area: 2084
  • SubdivisionName: Wright
  • Co List Office Mls Id: RECCCLL2
  • Co List Office Phone: 303-536-1786
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_ExpectedActiveDate: 2025-01-31
  • REC_RVSpaces: 1
  • Ratio Close Price By Original Li: 0.94969
  • Attribution Contact: jenny@nostalgichomes.com,303-570-9690
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Laminate Counters, No Stairs, Smoke Free
  • Flooring: Linoleum, Wood
  • Basement: Bath/Stubbed, Crawl Space, Exterior Entry, Finished, Partial
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 624

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Dog Run, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Concrete, Oversized, Oversized Door
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 9
  • REC_ParkingCount: 4
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 7
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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: Everitt

Lot Info

  • Parcel Number: 024648
  • Lot Size Acres: 0.38
  • Fencing: Full
  • Building Area Total: 2084
  • Lot Features: Landscaped, Level, Near Public Transit
  • Lot Size Sq Ft: 16557

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3772

MLS Schools

  • Elementary School: Stevens
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
May 30, 2025
Sold by
Mahnken Aileen
Bought by
Fink Justin Franklin and Russ Tamara Lee
Seller's Agent
Jenny Apel
Compass - Denver
Buyer's Agent
Ann Panagos
Compass - Denver
List Price
$815,000
Sold Price
$774,000
Premium/Discount to List
-$41,000
-5.03%
Views
124
Current Estimated Value
$764,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,403
Avg. Annual Appreciation
-3.75%
Original Mortgage
$735,300
Outstanding Balance
$734,050
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$30,547

Purchase Details

Closed on
Dec 6, 2021
Sold by
Arroyo Aileen H and Mahnken Michael John
Bought by
Mahnken Aileen and Mahnken Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,206
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2017
Sold by
Morton Richard A and Morton David A
Bought by
Arroyo Aileen H and Mahnken Michael John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $774,000 Heritage Title
Interfamily Deed Transfer -- Apex Title Llc
Warranty Deed $440,440 Colorado Escrow & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,300 New Conventional
Previous Owner $293,206 New Conventional
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $774,000 -3.1% $371 / Sq Ft
04/09/2025 04/09/25 Price Changed $799,000 -2.0% $383 / Sq Ft
01/31/2025 01/31/25 For Sale $815,000 -- $391 / 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 $3,772 $43,142 $19,985 $23,157
2023 $3,772 $43,142 $19,985 $23,157
2022 $3,149 $35,370 $19,130 $16,240
2021 $3,193 $36,389 $19,681 $16,708
2020 $2,894 $33,153 $17,606 $15,547
2019 $2,855 $33,153 $17,606 $15,547
2018 $2,685 $30,135 $11,982 $18,153
2017 $1,845 $30,135 $11,982 $18,153
2016 $1,492 $25,316 $8,234 $17,082
2015 $1,025 $25,316 $8,234 $17,082
2014 $1,025 $19,141 $6,190 $12,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5287765

REcolorado®

APN: 39-243-18-003