NOT LISTED FOR SALE

Estimated Value: $562,000 - $776,000

8 Beds
4 Baths
1,650 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $901,777 $547 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $4,265/month

2 Days on Market

Highlights

  • Mountain View
  • Private Yard
  • Covered patio or porch
  • Traditional Architecture
  • No HOA
  • 1-minute walk to Sunset Park

About This Home

As of May 2022

Don't miss this opportunity to own a turnkey income-producing property in an established Westminster neighborhood. Both units are rented and have tenants who've stayed for multiple years. Floor plans are mostly the same with the main floor of each having a living room, kitchen, 2 bedrooms, and a full bath. The basement of Unit #4306 is fully finished with a family room, 2 non-conforming beds (need Egress windows), a 3/4 bath, and a laundry/utility room. The basement of Unit #4308 is fully finished too with a family room, 2 non-conforming beds, a full bath, and a laundry/utility room. Both units have separate exterior entrances to the basements so may be possible to modify for more units (buyer to research post closing) or leave them as-is and rent them as 4 beds, 2 bath each. Many improvements and updates have been made including a newer roof; newer furnaces; newer AC units; newer electrical panels; updated baths; new electrical switches and outlets; new refrigerators in both plus a new stove in Unit #4308, new retaining wall in 2021, more! Each unit also has it's own 8'x16' shed for storage and a 5'x8' shed for owner to store items has the sprinkler clock! Unit #4306 is leased until 05/31/2022 for $2200/month. Unit #4308 is leased through 08/31/2022 for $2350/month. The building has one water meter so landlord pays, divides the bill by 3, and each tenant adds their 1/3 to monthly rent due. Currently has 4 off-street parking spots but if the hedge were removed it could be lengthened and expanded. Sunset Park is across the street for the kiddos and kids at heart! Unit 4308 has a large covered patio with wonderful mountain views! Agent-owned and subject to 1031 Exchange Rules. NO SHOWINGS until accepted contract -- do NOT bother tenants please! Full photo load, 3-D tour, and Video Tour will be installed on Sat., 4/2. Call listor with any questions!

Last Agent to Sell the Property

Craig Bennigsdorf

RE/MAX Alliance License #040006434 Listed on: 04/01/2022

RE/MAX Alliance

Last Buyer's Agent

Peter Psotny

MB Colorado Home Sales Inc License #100024627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 9,675 Sq Ft Lot
  • 1 Common Wall
  • Property is Fully Fenced
  • Private Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Gravel Driveway

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Harris Park Elementary School
  • Shaw Heights Middle School
  • Westminster High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts

Listing and Financial Details

  • Exclusions: Tenants personal possessions. Tenants own washers and dryers.
  • Tenant pays for cable TV, electricity, gas, internet, trash collection, water
  • The owner pays for grounds care, taxes, water
  • Assessor Parcel Number R0064353

Community Details

Overview

  • No Home Owners Association
  • Sunset Heights Subdivision

Additional Features

  • Courtyard
  • Operating Expense $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,502

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 546.53
  • Finished Price per Sq Ft: 546.53
  • Total Price per Sq Ft: 273.27
  • School Of Choice Yn: Yes
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1650.00
  • Actual Annual Net Income: 54600.00
  • Below Grade Sq Ft: 1650.00
  • Entry Location: Courtyard
  • Exclusions: Tenants personal possessions. Tenants own washers and dryers.
  • Living Area: 1650.00
  • Offstreet Spaces: 4
  • P P A: 4098986.36
  • Projected Annual Expense: 9000.00
  • Projected Annual Net Income: 62400.00
  • Projected Gross Income: 62400.00
  • Submitted Prospect: Yes
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Property Condition: Updated/Remodeled
  • Directions: 80th Ave to Stuart Place (NOT Stuart Street); South til Stuart bends and meets 78th Ave. Duplex at that intersection on the South side of the street.
  • SubdivisionName: Sunset Heights
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Smoke Free
  • Flooring: Carpet, Linoleum, Vinyl
  • Common Walls: 1 Common Wall
  • Basement: Exterior Entry, Interior Entry/Standard
  • Basement: Yes
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick
  • View: Mountain(s)
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Driveway-Gravel, Oversized
  • Total Parking Spaces: 4

Utilities

  • Utilities: Natural Gas Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Electric: 110V, 220 Volts
  • Laundry Features: In Basement, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Fee Information

  • Operating Expense: 8500.00

Schools

  • School District: Westminster Public Schools
  • Elementary School: Harris Park
  • Middle School: Shaw Heights
  • High School: Westminster
  • Middle Or Junior School: Shaw Heights

Lot Info

  • Out Building Count: 2
  • Parcel Number: R0064353
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Out Building Number Of: 3
  • Building Area Total: 3300.00
  • Lot Size Sq Ft: 9675.00

Rental Info

  • Owner Pays: Grounds Care, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3502.00

MLS Schools

  • Elementary School: Harris Park
  • High School: Westminster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 11, 2022
Sold by
Bennigsdorf Craig A
Bought by
Holtzmull Llc
Seller's Agent
Craig Bennigsdorf
RE/MAX Alliance
Buyer's Agent
Peter Psotny
MB Colorado Home Sales Inc
List Price
$875,000
Sold Price
$901,777
Premium/Discount to List
$26,777
3.06%
Total Days on Market
2
Current Estimated Value
$699,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,221
Avg. Annual Appreciation
-7.99%
Original Mortgage
$912,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 6, 2014
Sold by
Bennigsdorf Craig A and Bennigsdorf Julie A
Bought by
Bennigsdorf Craig A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2009
Sold by
Stockyard Properties Llc
Bought by
Standerson Corp

Purchase Details

Closed on
Mar 18, 2008
Sold by
Elk Horn Management Llc
Bought by
Stockyard Properties Llc

Purchase Details

Closed on
Apr 14, 2007
Sold by
Garcia Maria I and Carnes Ronald Lee
Bought by
Elk Horn Management Llc

Purchase Details

Closed on
May 31, 2002
Sold by
Erickson Mark B
Bought by
Garcia Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.92%

Purchase Details

Closed on
Oct 19, 2000
Sold by
Porter Raymond O and Porter Donna L
Bought by
Erickson Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.95%
Mortgage Type
Unknown
Source: Public Records

Similar Home in Westminster, CO

  • 9061 Osceola St, Westminster, CO 80031

    $610,000

    • 6 Beds
    • 3 Baths
    • 2,491 Sq Ft
    • 9061 Osceola St
    • Westminster, CO

    This duplex is tucked away in a quiet neighborhood and offers a fantastic opportunity to update and personalize to your taste. The photos shown are from unit #9063. Both sides share an identical layout, featuring 3 bedrooms, 1.5 bathrooms, and a laundry area. The main level includes the kitchen, an eat-in dining space, and a comfortable living room. Upstairs, you’ll find two bedrooms with

    Priscila Peters Peters Colorado Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Holtzmull Llc -- First American Title
Bennigsdorf Craig A -- None Available
Standerson Corp -- None Available
Stockyard Properties Llc -- None Available
Elk Horn Management Llc -- None Available
Garcia Maria I $366,000 North American Title Co
Erickson Mark B $295,900 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holtzmull Llc $912,000
Previous Owner Bennigsdorf Craig A $205,000
Previous Owner Bennigsdorf Craig A $199,500
Previous Owner Bennigsdorf Craig A $139,700
Previous Owner Garcia Maria I $243,000
Previous Owner Garcia Maria I $199,174
Previous Owner Garcia Maria I $302,400
Previous Owner Erickson Mark B $240,000
Previous Owner Erickson Mark B $270,000
Previous Owner Porter Raymond O $75,000
Previous Owner Porter Raymond O $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $901,777 +3.1% $547 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $875,000 -- $530 / 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 $4,059 $42,870 $8,530 $34,340
2023 $4,059 $46,650 $9,280 $37,370
2022 $3,639 $35,850 $9,280 $26,570
2021 $3,832 $35,850 $9,280 $26,570
2020 $3,502 $34,050 $9,760 $24,290
2019 $3,495 $34,050 $9,760 $24,290
2018 $2,443 $23,660 $9,180 $14,480
2017 $2,083 $23,660 $9,180 $14,480
2016 $2,036 $21,760 $4,180 $17,580
2015 $2,033 $21,760 $4,180 $17,580
2014 -- $15,400 $2,990 $12,410
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 1718679

REcolorado®

APN: 1719-31-2-10-010