NOT LISTED FOR SALE

Estimated Value: $639,000 - $774,000

6 Beds
2 Baths
2,200 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $730,000 $332 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,290/month

27 Days on Market

Highlights

  • City View
  • Midcentury Modern Architecture
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • Granite Countertops

About This Home

As of December 2022

Price Reduced nearly $45,000! Up and Down Fully Remodeled Duplex Located in the Desirable Wheat Ridge Neighborhood! Units Feature Updated Fixtures & Finishes with New Windows & New Flooring. Abundant Parking: Attached One Car Garage – Huge Bonus for Tenants. Good Potential for an Owner/Occupant – Live in One Unit and Rent Out the Other for Added Income! Property Sits on a 1/4-acre lot. Large Back Yard Area Great for Outdoor Activities. Nearby Parks Include: Sloan’s Lake Park, Founders Park, Panorama Park, & Stites Park. Easy Access to I-70 Via Sheridan Blvd Makes Commuting to Downtown or Trips to the Foothills a Breeze!

Last Agent to Sell the Property

Peter Janisch

Professional Brokers Group License #040023000 Listed on: 09/28/2022

Last Buyer's Agent

Juan Gallegos

PAK Home Realty License #040023415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • West Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Private Yard

Parking

  • 1 Car Garage
  • 4 Off-Street Spaces

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Master Meter
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Shared Gas Meter
  • Shared Water Meter
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Sellers personal property.
  • Tenant pays for cable TV, electricity, gas, grounds care, internet, telephone, trash collection, water
  • Short Term Lease
  • Assessor Parcel Number 026126

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Barths Subdivision
  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,329

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Mid-Century Modern
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 663.64
  • Finished Price per Sq Ft: 331.82
  • Total Price per Sq Ft: 331.82
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1100.00
  • Cap Rate Calculation: ($4400 x 12)= 52,800/ $755000 x 100= 7.0
  • Entry Location: Exterior Access
  • Exclusions: Sellers personal property.
  • Living Area: 2200.00
  • Offstreet Spaces: 4
  • Pets Allowed: Yes
  • P P A: 2920000.00
  • Projected Annual Expense: 2400.00
  • Projected Annual Net Income: 52800.00
  • Projected Gross Income: 52800.00
  • Submitted Prospect: Yes
  • Utility Metering: Common Electric, Common Gas, Common Water
  • Property Condition: Updated/Remodeled
  • Directions: Please use GPS.
  • SubdivisionName: Barths
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Speed Internet, Open Floorplan, Smoke Free
  • Flooring: Carpet, Tile, Wood
  • Common Walls: 1 Common Wall
  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1100.00

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • View: City, Mountain(s)
  • Exterior Features: Private Yard, Rain Gutters
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Concrete
  • Garage Spaces: 1
  • Total Parking Spaces: 5

Utilities

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

Fee Information

  • Operating Expense: 2400.00

Schools

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

Lot Info

  • Parcel Number: 026126
  • Lot Size Acres: 0.25
  • Fencing: Full
  • Building Area Total: 2200.00
  • Lot Features: Landscaped, Near Public Transit
  • Lot Size Sq Ft: 10724.00

Rental Info

  • Rentals Allowed: Long Term, Short Term Lease
  • Tenant Pays: Cable TV, Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water

Multi Family

  • Unit Count: 1
  • Utility Billing to Tenants: Separate Bill from Owner

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2329.00

MLS Schools

  • Elementary School: Stevens
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 22, 2022
Sold by
Mbp Enterprises Inc
Bought by
Molob Llc
Seller's Agent
Peter Janisch
Professional Brokers Group
Buyer's Agent
Juan Gallegos
PAK Home Realty
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Total Days on Market
27
Views
12
Current Estimated Value
$705,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,650
Avg. Annual Appreciation
-1.38%
Original Mortgage
$547,500
Outstanding Balance
$534,218
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$171,132

Purchase Details

Closed on
Nov 16, 2021
Sold by
Breckenridgc Property Fund 2016 Llc
Bought by
Mbp Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,900
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2021
Sold by
Chavez Cleoee Anaya
Bought by
Breckenridge Property Fund 2016 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,475
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2009
Sold by
Chavez Felipe A
Bought by
Chavez Cleolee Anaya

Purchase Details

Closed on
May 30, 2007
Sold by
Chavez Cleolee Anaya
Bought by
Chavez Felipe and Chavez Cleolee Anaya

Purchase Details

Closed on
May 20, 2005
Sold by
Chavez Felipe
Bought by
Chavez Cleolee Anaya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2002
Sold by
Chavez Felipe
Bought by
Chavez Cleolee Anaya and Chavez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
6.99%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Cleolee Chavez Felipe Anaya
Bought by
Chavez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,600
Interest Rate
7.11%

Purchase Details

Closed on
Apr 10, 2000
Sold by
Anaya Cleolee
Bought by
Chavez Felipe and Anaya Cleolee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 5, 2000
Sold by
Jimenez Lonnie V
Bought by
Anaya Cleolee and Chavez Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
8.27%

Purchase Details

Closed on
Apr 1, 1997
Sold by
Piro John R and Piro Ross Pauline
Bought by
Jimenez Lonnie and Anaya Cleolee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,012
Interest Rate
7.55%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Molob Llc $730,000 Fitco
Mbp Enterprises Inc $490,000 First Integrity Title
Breckenridge Property Fund 2016 Llc $453,500 First American Title
Chavez Cleolee Anaya -- None Available
Chavez Felipe -- None Available
Chavez Cleolee Anaya -- --
Chavez Cleolee Anaya -- --
Chavez Felipe -- --
Chavez Felipe -- --
Anaya Cleolee -- --
Jimenez Lonnie $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molob Llc $547,500
Previous Owner Mbp Enterprises Inc $545,900
Previous Owner Breckenridge Property Fund 2016 $385,475
Previous Owner Chavez Cleolee Anaya $220,000
Previous Owner Chavez Cleolee Anaya $201,600
Previous Owner Chavez Felipe $168,600
Previous Owner Chavez Felipe $39,000
Previous Owner Anaya Cleolee $122,597
Previous Owner Jimenez Lonnie $121,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2022 12/14/22 Sold $730,000 -3.3% $332 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $755,000 -2.6% $343 / Sq Ft
10/10/2022 10/10/22 Price Changed $775,000 -3.0% $352 / Sq Ft
09/28/2022 09/28/22 For Sale $799,000 -- $363 / 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 $3,954 $45,225 $14,494 $30,731
2023 $3,954 $45,225 $14,494 $30,731
2022 $2,589 $29,082 $14,476 $14,606
2021 $3,263 $29,919 $14,893 $15,026
2020 $2,329 $26,675 $12,532 $14,143
2019 $2,297 $26,675 $12,532 $14,143
2018 $2,200 $24,694 $9,180 $15,514
2017 $2,858 $24,694 $9,180 $15,514
2016 $1,821 $21,179 $5,967 $15,212
2015 $1,556 $21,179 $5,967 $15,212
2014 $1,556 $16,979 $5,445 $11,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5827007

REcolorado®

APN: 39-234-03-013