NOT LISTED FOR SALE
9 Beds
8 Baths
4,528 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: January 9, 2024

Last sale price $795,000 $176 Per Sq Ft

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Property is Fully Fenced

About This Home

As of January 2024

Investor's Dream in Westminster!

Presenting a prime investment opportunity in Westminster - a 4-family home that surpasses its neighbors in size and value. Boasting 9 bedrooms and 8 bathrooms, this cash-flow powerhouse is larger than any other quadplex in the area.

Bonus Basement: Uncommon for the neighborhood, this property includes a basement(880 sq ft)

Brand New Boiler mate and expansion tank (Oct 2023): Recent boilermate replacement ensures efficient hot water for all units, showcasing commitment to long-term value.

No HOA Fees: Enjoy ownership freedom without the burden of Homeowners Association fees.

Financial Highlights:
Cash Flow King: Proven track record of consistent rental income makes this property a lucrative investment.
Preliminary Assessed Value (2023): $863,000, presenting immediate equity for the discerning investor.

Don't miss out on this rare opportunity to own a standout property in Westminster. With its size, recent upgrades, and location this 4-family home is the epitome of a smart investment. Schedule your viewing today and unlock the full potential of this remarkable property! * All photos are of unit 1*

Last Agent to Sell the Property

Lee Pasqualucci

JPAR Modern Real Estate Brokerage Email: leepasqualucci@jpar.net,303-720-9167 License #100104050 Listed on: 11/29/2023

JPAR Modern Real Estate

Last Buyer's Agent

Lee Pasqualucci

JPAR Modern Real Estate Brokerage Email: leepasqualucci@jpar.net,303-720-9167 License #100104050 Listed on: 11/29/2023

JPAR Modern Real Estate
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 1962

Lot Details

  • 11,250 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Laundry in unit
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Freezer

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Tenants belongings
  • Property held in a trust
  • Tenant pays for cable TV, electricity, gas, internet
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 0171931322020

Community Details

Overview

  • No Home Owners Association
  • Quimbys Add To Westminster Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $25,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,121

Year Built

Built in 1962

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Structure Type: Quadruplex
  • Levels: Two
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 3648
  • Exclusions: Tenants belongings
  • Living Area: 4528
  • Pets Allowed: No
  • Property Condition: Fixer
  • Directions: On the Corner of 72nd Ave and Tennyson St.
  • SubdivisionName: Quimbys Add To Westminster
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2023-11-28
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.99375
  • Special Features: None

Interior Features

  • Appliances: Freezer, Oven, Range, Refrigerator
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 9
  • Below Grade Sq Ft: 880

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Total Parking Spaces: 8

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Radiant
  • 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: 25795.91

Schools

  • Middle Or Junior School: Shaw Heights

Lot Info

  • Parcel Number: 0171931322020
  • Lot Size Acres: 0.26
  • Fencing: Full
  • Building Area Total: 4528
  • Lot Size Sq Ft: 11250
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5120.56

MLS Schools

  • Elementary School: Harris Park
  • High School: Westminster

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Jan 9, 2024
Sold by
Lm Thomas Family Llc
Bought by
Seller's Agent
Lee Pasqualucci
JPAR Modern Real Estate
Buyer's Agent
Lee Pasqualucci
JPAR Modern Real Estate
List Price
$800,000
Sold Price
$795,000
Premium/Discount to List
-$5,000
-0.62%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,250
Outstanding Balance
$736,533
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 1994
Sold by
Hughes Revocable Trust
Bought by
Nowak Henry and Nowak Chestinne

Purchase Details

Closed on
Sep 14, 1994
Sold by
Miller Marvin K
Bought by
Hughes Revocable Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 None Listed On Document
Nowak Henry $160,000 --
Hughes Revocable Trust -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $755,250
Previous Owner L M Thomas Family Llc $100,552
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $795,000 -0.6% $176 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $800,000 -- $177 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,034 $49,910 $6,120 $43,790
2024 $5,034 $45,880 $5,630 $40,250
2023 $4,993 $58,520 $3,810 $54,710
2022 $5,121 $50,440 $3,830 $46,610
2021 $5,390 $50,440 $3,830 $46,610
2020 $5,181 $50,380 $4,020 $46,360
2019 $5,172 $50,380 $4,020 $46,360
2018 $3,521 $34,100 $4,050 $30,050
2017 $3,002 $34,100 $4,050 $30,050
2016 $2,308 $24,660 $4,480 $20,180
2015 $2,304 $24,660 $4,480 $20,180
2014 -- $24,230 $4,480 $19,750
Source: Public Records

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Map

Source: REcolorado®

MLS Number: 5648286

REcolorado®
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