NOT LISTED FOR SALE

Estimated Value: $605,000 - $742,000

3 Beds
2 Baths
1,243 Sq Ft
$546/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $710,000 $571 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,871/month

2 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • 1-Story Property
  • Private Yard
  • Bungalow
  • Attic Fan

About This Home

As of September 2022

Incredible investment opportunity in the red hot Baker neighborhood! 2 houses for the price of 1, both with great tenants that recently renewed leases. The main house offers a gorgeous kitchen & bathroom, hardwood floors, 2 large bedrooms, and is currently rented for $2,500/mo. The carriage house offers 1 bedroom and 1 bathroom, loads of privacy, great parking and is currently rented at $1,500/mo. Both rents could be pushed $200-$400/mo. easily. This is a great turn key investor opportunity to cashflow day 1 and own a piece of Denver's desirable Baker neighborhood!

Last Agent to Sell the Property

David Umphress

Real Broker, LLC DBA Real License #100042362 Listed on: 08/15/2022

Real Broker, LLC DBA Real

Last Buyer's Agent

Tom Pitzer

Compass - Denver License #100052178

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1886

Lot Details

  • 5,279 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Home Design

  • Duplex
  • Bungalow
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Attic Fan
  • Laundry in unit

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces

Outdoor Features

  • Front Porch

Schools

  • Valverde Elementary School
  • Compass Academy Middle School
  • West High School

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • H G Elders Sub Subdivision

Listing and Financial Details

  • Exclusions: Tenants/Sellers personal property
  • Assessor Parcel Number 5102-14-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,122

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Bungalow
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 571.20
  • Finished Price per Sq Ft: 571.20
  • Total Price per Sq Ft: 571.20
  • Year Built: 1886
  • Above Grade Finished Sq Ft: 1243.00
  • Exclusions: Tenants/Sellers personal property
  • Living Area: 1243.00
  • Offstreet Spaces: 4
  • P P A: 5916666.67
  • SubdivisionName: H G Elders Sub
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Tile, Wood
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Attic Fan
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Schools

  • School District: Denver 1
  • Elementary School: Valverde
  • Middle School: Compass Academy
  • High School: West
  • Middle Or Junior School: Compass Academy

Lot Info

  • Parcel Number: 5102-14-044
  • Lot Size Acres: 0.12
  • Fencing: Full
  • Building Area Total: 1243.00
  • Lot Features: Level
  • Lot Size Sq Ft: 5279.00

Multi Family

  • Unit Count: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3122.00

MLS Schools

  • Elementary School: Valverde
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 19, 2022
Sold by
Miller Lawrence
Bought by
429 Bannock Llc
Seller's Agent
David Umphress
Real Broker, LLC DBA Real
Buyer's Agent
Tom Pitzer
Compass - Denver
List Price
$749,950
Sold Price
$710,000
Premium/Discount to List
-$39,950
-5.33%
Total Days on Market
2
Current Estimated Value
$679,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,770
Avg. Annual Appreciation
-1.60%
Original Mortgage
$532,500
Outstanding Balance
$512,553
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$166,677

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 15, 2021
Sold by
Dudek Nathen P
Bought by
Blum Shaun
Seller's Agent
Vivi Gloriod
eXp Realty, LLC
Buyer's Agent
Aaron Hart
1858 Real Estate
List Price
$699,999
Sold Price
$650,000
Premium/Discount to List
-$49,999
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$596,850
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2001
Sold by
Dudek Nathan and Dudek Nathen P
Bought by
Dudek Nathan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.25%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Hofsess William L and Hofsess Donald W
Bought by
Dudek Nathen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,853
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 1998
Sold by
Sautter Esther M Trust
Bought by
Hofsess William L and Hofsess Donald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.62%
Source: Public Records

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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
429 Bannock Llc -- --
Miller Lawrence $710,000 --
Blum Shaun $650,000 Chicago Title
Dudek Nathan P -- --
Dudek Nathen P $106,000 First American Heritage Titl
Hofsess William L $90,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Lawrence $532,500
Previous Owner Blum Shaun $596,850
Previous Owner Dudek Nathen P $211,500
Previous Owner Dudek Nathen P $220,000
Previous Owner Dudek Nathan P $210,000
Previous Owner Dudek Nathen P $104,853
Previous Owner Hofsess William L $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $710,000 -5.3% $571 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $749,950 +15.4% $603 / Sq Ft
10/15/2021 10/15/21 Sold $650,000 -3.7% $523 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/14/2021 09/14/21 Price Changed $675,000 -2.9% $543 / Sq Ft
09/09/2021 09/09/21 Price Changed $695,000 -0.7% $559 / Sq Ft
09/08/2021 09/08/21 For Sale $699,999 0.0% $563 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $699,999 -- $563 / 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 $3,196 $40,350 $22,550 $17,800
2023 $3,127 $40,350 $22,550 $17,800
2022 $3,234 $40,670 $27,220 $13,450
2021 $3,122 $41,840 $28,000 $13,840
2020 $2,761 $37,210 $18,380 $18,830
2019 $2,683 $37,210 $18,380 $18,830
2018 $2,361 $30,520 $14,100 $16,420
2017 $2,354 $30,520 $14,100 $16,420
2016 $1,978 $24,250 $4,290 $19,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1614767

REcolorado®

APN: 5102-14-044