NOT LISTED FOR SALE

440 and 442 N Emerson St Denver, CO 80218

Alamo Placita Neighborhood

Estimated Value: $405,142 - $788,000

2 Beds
2 Baths
1,347 Sq Ft
$409/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $886,000 $658 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $3,243/month

5 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Forced Air Heating System
  • Morey Middle School Rated A-
  • 1-Story Property
  • 4-minute walk to Alamo Placita Park

About This Home

As of March 2022

Great Investor opportunity in Alamo Placita. Full Duplex - Both 440 and 442 Emerson are included in the sale. Each side of the duplex offers an open floor plan with a kitchen, full bathroom and gives the tenant multiple layout opportunities for their bedroom, living room, office and more. Off the back of the homes, there are two large, dedicated, and fenced backyards, and a 2-car garage. These residences have always leased easily for the current owner. All utilities, including water, are metered separately. This is an amazing location, with close proximity to Downtown, Capitol Hill, Cherry Creek, Wash Park, and within a few blocks of restaurants such as Angelo's, Table 6, and Fruition. Both sides are currently tenant occupied with leases expiring on 6/1/2022 and 4/20/2023. The property is being sold AS-IS with tenants in place. ***Showings start Saturday 2/19/2022*** Only available to show on Saturday 2/19 and Sunday 2/20.

Last Listed By

Evan Miller

Miller Wilde Real Estate LLC License #40030197 Listed on: 02/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,655

Year Built

  • Built in 1906

Lot Details

  • 4,688 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Property held in a trust
  • Tenant pays for cable TV, electricity, gas, grounds care, internet, telephone, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 5113-16-044 / 5113-16-043

Community Details

Overview

  • No Home Owners Association
  • Alamo Placita Subdivision

Building Details

  • Operating Expense $10,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,655

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1906
  • Above Grade Finished Sq Ft: 1347
  • Exclusions: Tenant's personal property
  • Living Area: 1347
  • SubdivisionName: Alamo Placita
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 199.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.05791
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplaces: 2
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 2

Exterior Features

  • Roof: Unknown
  • Construction Materials: Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 0
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit

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

Fee Information

  • Operating Expense: 10128

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5113-16-044 / 5113-16-043
  • Lot Size Acres: 0.11
  • Building Area Total: 1546
  • Lot Size Sq Ft: 4688
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3655

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2016
Sold by
Costonis Stephanie
Bought by
Dpc 440 Llc
Total Days on Market
5
Current Estimated Value
$551,536

Purchase Details

Closed on
Nov 6, 2015
Sold by
Costonis Stephanie
Bought by
Dragon Properties Llc

Purchase Details

Closed on
Jan 8, 2015
Sold by
Dragon Properties Llc
Bought by
Costonis Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Costonis Stephanie
Bought by
Dragon Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2007
Sold by
Dragon Properties Llc
Bought by
Costonis Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2004
Sold by
Costonis Stephanie
Bought by
Dragon Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Richter Bruce C and Richter David D
Bought by
Costonis Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Dpc 440 Llc -- None Available
Dragon Properties Llc -- Land Title Guarantee
Costonis Stephanie -- Land Title Guarantee Company
Dragon Properties Llc -- None Available
Costonis Stephanie -- Land Title Guarantee Company
Dragon Properties Llc -- --
Costonis Stephanie $141,500 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costonis Stephanie $117,000
Previous Owner Costonis Stephanie $130,000
Previous Owner Costonis Stephanie $113,200
Closed Costonis Stephanie $14,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $886,000 +5.8% $658 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $837,500 -- $622 / 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 $2,051 $25,890 $4,640 $21,250
2023 $2,006 $25,890 $4,640 $21,250
2022 $1,950 $24,520 $8,640 $15,880
2021 $1,883 $25,230 $8,890 $16,340
2020 $1,828 $24,640 $8,080 $16,560
2019 $1,777 $24,640 $8,080 $16,560
2018 $1,602 $20,710 $7,320 $13,390
2017 $1,597 $20,710 $7,320 $13,390
2016 $1,415 $17,350 $7,650 $9,700
2015 $1,356 $17,350 $7,650 $9,700
2014 $1,319 $15,880 $4,840 $11,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5254803

REcolorado®

APN: 5113-16-043