NOT LISTED FOR SALE

Estimated Value: $665,000 - $807,000

5 Beds
4 Baths
2,496 Sq Ft
$292/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $675,000 $270 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,161/month

260 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • East Facing Home
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of February 2023

Funky and fun! Glass block, skylights, large yard, two decks! Recently remodeled duplex has 2 bd/3 bath (plus one non conforming bedroom on main as it has no windows) on one side AND a partially finished basement - and 2 bd/1 bath in the attached apartment. Two car garage is shared. Large yard with separate decks. Main house features a ton of skylights for extra brightness. Laundry in both. Excellent rental neighborhood, or live in one side yourself! Close proximity to Arvada Old Town and all the shopping and restaurants on Wadsworth!

New: flooring, cabinets, windows, kitchens and baths, looks awesome! Roof new in 2018, new electrical panel and separately metered gas and gas line in 2022.

No showing without an offer!!!

Last Agent to Sell the Property

Barb Korthuis Riley

Coldwell Banker Global Luxury Denver License #242881 Listed on: 05/03/2022

Coldwell Banker Global Luxury Denver

Last Buyer's Agent

Levi Rawlings

Fathom Realty Colorado LLC License #100098107

Fathom Realty Colorado LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Sloped Lot

Parking

  • 2 Car Attached Garage
  • 1 Off-Street Space
  • Gravel Driveway

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laminate Flooring
  • Finished Basement

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Wilmore-Davis Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • Forced Air Heating System
  • Master Meter
  • Shared Water Meter

Community Details

  • Wheatridge View Subdivision
  • Operating Expense $11,382

Listing and Financial Details

  • Exclusions: Tenant possessions.
  • Tenant pays for cable TV, grounds care, internet, trash collection
  • The owner pays for electricity, gas, insurance, taxes, water
  • Assessor Parcel Number 025027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,702

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 294.63
  • Finished Price per Sq Ft: 270.43
  • Total Price per Sq Ft: 270.43
  • Year Built: 1922
  • Above Grade Finished Sq Ft: 2291.00
  • Actual Annual Net Income: 40218.00
  • Cap Rate Calculation: util$2400,water$780,ins $2100,maint$1200,act$200
  • Exclusions: Tenant possessions.
  • Living Area: 2496.00
  • Offstreet Spaces: 1
  • P P A: 2596153.85
  • Projected Annual Expense: 11382.00
  • Projected Annual Net Income: 40218.00
  • Projected Gross Income: 51600.00
  • Utility Metering: Common Electric, Common Water
  • Property Condition: Updated/Remodeled
  • Directions: Google Maps / GPS
  • SubdivisionName: Wheatridge View
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Laminate
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 205.00

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Wood Siding
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Features: Driveway-Gravel
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Fee Information

  • Operating Expense: 11382.00

Schools

  • School District: Jefferson County R-1
  • Elementary School: Wilmore-Davis
  • Middle School: Everitt
  • High School: Wheat Ridge
  • Middle Or Junior School: Everitt

Lot Info

  • Out Building Count: 1
  • Parcel Number: 025027
  • Lot Size Acres: 0.26
  • Fencing: Partial
  • Out Building Number Of: 1
  • Building Area Total: 2496.00
  • Lot Features: Sloped
  • Lot Size Sq Ft: 11519.00

Rental Info

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

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility, Included in Rent

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4702.00

MLS Schools

  • Elementary School: Wilmore-Davis
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Feb 27, 2023
Sold by
Benavides Andrew P
Bought by
Rawlings Levi and Moran Kevin
Seller's Agent
Barb Korthuis Riley
Coldwell Banker Global Luxury Denver
Buyer's Agent
Levi Rawlings
Fathom Realty Colorado LLC
List Price
$800,000
Sold Price
$675,000
Premium/Discount to List
-$125,000
-15.62%
Views
16
Current Estimated Value
$729,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,330
Avg. Annual Appreciation
3.02%
Original Mortgage
$506,250
Outstanding Balance
$490,414
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$238,916

Purchase Details

Closed on
Nov 30, 2012
Sold by
Azharian Armond
Bought by
Benavides Andrew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,218
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1993
Sold by
Olesh Gerald
Bought by
Azharian Armond
Source: Public Records

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
Rawlings Levi $675,000 --
Benavides Andrew P $264,000 Land Title Guarantee Company
Azharian Armond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawlings Levi $506,250
Previous Owner Benavides Andrew P $259,218
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $675,000 -3.6% $270 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/29/2022 10/29/22 Price Changed $700,000 -3.4% $280 / Sq Ft
09/10/2022 09/10/22 Price Changed $725,000 -3.3% $290 / Sq Ft
08/20/2022 08/20/22 Price Changed $750,000 -3.2% $300 / Sq Ft
07/23/2022 07/23/22 Price Changed $775,000 -2.5% $310 / Sq Ft
06/29/2022 06/29/22 Price Changed $795,000 -0.6% $319 / Sq Ft
06/25/2022 06/25/22 For Sale $800,000 0.0% $321 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $800,000 -3.0% $321 / Sq Ft
05/19/2022 05/19/22 For Sale $825,000 0.0% $331 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $825,000 -- $331 / 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 $3,544 $40,533 $22,213 $18,320
2023 $3,544 $40,533 $22,213 $18,320
2022 $2,659 $29,863 $14,806 $15,057
2021 $4,614 $31,400 $15,568 $15,832
2020 $4,702 $28,774 $14,671 $14,103
2019 $4,084 $28,774 $14,671 $14,103
2018 $2,784 $24,333 $9,377 $14,956
2017 $2,596 $24,333 $9,377 $14,956
2016 $2,545 $22,564 $6,580 $15,984
2015 $1,629 $22,564 $6,580 $15,984
2014 $2,171 $17,767 $5,158 $12,609
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 7887112

REcolorado®

APN: 39-233-06-014