NOT LISTED FOR SALE

Estimated Value: $532,000 - $650,000

4 Beds
4 Baths
2,028 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $561,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,642/month

30 Days on Market

Highlights

  • City View
  • Family Room with Fireplace
  • No HOA
  • Lakewood High School Rated A
  • Private Yard
  • Bar Fridge

About This Home

As of February 2023

AUCTION ALERT!

DON’T MISS THIS OPPORTUNITY TO BID, BUY, OWN. ABSOLUTE AUCTION *List Price is not the asking price- this home will sell to the highest bid, no minimums, no reserves. Auctions are fun and easy-leveling the playing field-allows the buyer to “see” all bids and compete fairly on the same terms. Auction Thursday November 10th. Preview the property Saturday October 29th and Saturday November 5th from 11:00-2:00

We have found a hidden gem to add to your investment portfolio! Or your primary residence with cash flow!! Right across the street from a major shopping center. An investment like this one, is not only 20 minutes from the big city amenities of downtown Denver, but also only half an hour to adventures in the world-famous Rocky Mountains! In the right owner’s hands, this home is PRIMED and READY for its’ next chapter of investment ownership!

The property consists of 3 separate units. 2 units are studios with separate entrances and private bathrooms and have been run as a successful Airbnb. Last year the current owner netted over $35,000 annually. 3rd unit can be rented as an additional airbnb projected income of $40,000 or you can live in one unit and have your property pay for itself. The choice is yours!

Now, for the more eager land developer or opportunist, this 11,000+ sqft lot can also be redeveloped into any desired mixed residential/commercial use, with a max build height on 90 feet, and up to 75,000 feet of retail space. Touching a major artery like Wadsworth and being in the center of the Littleton commerce hub means this location already sees massive amounts of traffic past the property every day.

Auctions are fun and easy, and our staff is here to help you through the auction process.
For more information about the property and the auction, please visit our website www.PrestigeAuction.com or call us today at 877-612-8494

Last Agent to Sell the Property

Janelle Karas

Prestige Real Estate Auction LLC License #40011313 Listed on: 10/21/2022

Last Buyer's Agent

Janelle Karas

Prestige Real Estate Auction LLC License #40011313 Listed on: 10/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,111

Year Built

  • Built in 1953

Lot Details

  • 0.27 Acre Lot
  • East Facing Home
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Private Yard

Home Design

  • Triplex
  • Brick Exterior Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • 3-Story Property
  • Bar Fridge
  • Family Room with Fireplace
  • City Views
  • Laundry in unit

Kitchen

  • <<selfCleaningOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Paved Parking

Schools

  • South Lakewood Elementary School
  • Creighton Middle School
  • Lakewood High School

Utilities

  • Forced Air Heating System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Fully furnished with an list of exclusions on file
  • The owner pays for electricity, gas, insurance, internet, taxes, water
  • Assessor Parcel Number 54970

Community Details

Overview

  • No Home Owners Association
  • Gertrude Subdivision

Building Details

  • Operating Expense $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,111

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Three Or More
  • Year Built: 1953
  • Above Grade Finished Sq Ft: 2028
  • Current Use: Live/Work
  • Exclusions: Fully furnished with an list of exclusions on file
  • Living Area: 2028
  • SubdivisionName: Gertrude
  • Ownership: Individual
  • REC_ExpectedActiveDate: 2022-10-19
  • REC_RVSpaces: 0
  • Special Features: Auction

Interior Features

  • Appliances: Bar Fridge, Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven
  • Interior Amenities: High Speed Internet, No Stairs
  • Fireplace Features: Family Room
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: East
  • Roof: Architecural Shingle
  • Construction Materials: Brick, Wood Siding
  • View: City
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Total Parking Spaces: 5
  • REC_ParkingCount: 1
  • Unit Numberof Parking Per Unit: 1
  • Unit Numberof Parking Per Unit: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Septic Tank
  • Cooling: Other
  • Heating: Forced Air
  • 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: 9000

Schools

  • Middle Or Junior School: Creighton

Lot Info

  • Parcel Number: 54970
  • Lot Size Acres: 0.27
  • Fencing: Partial
  • Building Area Total: 2028
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 11640
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Electricity, Gas, Insurance, Internet, Taxes, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7111

MLS Schools

  • Elementary School: South Lakewood
  • High School: Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Alzate Alba Fabiola Castano
Bought by
Vanmeter Alan
Current Estimated Value
$605,661

Purchase Details

Closed on
Oct 26, 2018
Sold by
Castano Castano Alba Fabiola Alba Fabiola and Castano Alzate Alba Fabiola
Bought by
Alzate Alba Fabiola Castano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2005
Sold by
Baltazar Jose
Bought by
Castano Alba Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Neuberger Ellen
Bought by
Baltazar Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,050
Interest Rate
10%
Mortgage Type
Unknown
Source: Public Records

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
Vanmeter Alan $561,000 --
Alzate Alba Fabiola Castano -- First Integrity Title
Castano Alba Fabiola $247,000 --
Baltazar Jose $190,000 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alzate Alba Fabiola Castano $371,000
Previous Owner Alzate Alba Fabiola Castano $326,400
Previous Owner Castano Alba Fabiola $197,600
Previous Owner Baltazar Jose $16,000
Previous Owner Baltazar Jose $6,050
Previous Owner Baltazar Jose $186,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $561,000 +12.2% $277 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $500,000 -- $247 / 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 $3,438 $38,127 $8,179 $29,948
2023 $3,438 $38,127 $8,179 $29,948
2022 $2,424 $26,272 $6,912 $19,360
2021 $2,458 $27,028 $7,111 $19,917
2020 $2,252 $24,868 $6,339 $18,529
2019 $1,818 $20,334 $6,339 $13,995
2018 $1,623 $17,562 $3,713 $13,849
2017 $1,426 $17,562 $3,713 $13,849
2016 $1,188 $13,645 $3,783 $9,862
2015 $1,001 $13,645 $3,783 $9,862
2014 $1,001 $10,532 $3,209 $7,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8627740

REcolorado®

APN: 49-113-01-004