NOT LISTED FOR SALE

Estimated Value: $1,289,000 - $1,465,106

6 Beds
3 Baths
3,136 Sq Ft
$439/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $765,000 $244 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,018/month

81 Days on Market

Highlights

  • City View
  • No HOA
  • Double Pane Windows
  • Corner Lot
  • Eat-In Kitchen
  • 5-minute walk to Berkeley Dog Park

About This Home

As of February 2020

Turn key investment opportunity in vibrant, NW Berkeley area. Brick Tri-Plex. 2 car garage w/add'l off-street parking. Newer windows include 2 egress for lower unit. All units are have been nicely renovated and the renovation of unit 4591 has just been completed in preparation for your new tenant. Over $14K in new electrical meters/panels/overhead power to garage. Easy care grounds, patios, porches and flatwork (front entry area concrete sidewalk is newly replaced). Storage Units. On site laundry (consider coin-op for additional income). Tenants pay $150 monthly utilities. Newer roof, shingles, gutters, furnaces, misc appliances. Berkeley Lake Park across street with Rec Center, Pool, Dog Park, Playground, Tennis Courts, Walking Paths, Library. Easy walk/bike to Tennyson St Shopping, Dining and Entertainment. Steps to Lakeside Amusement Park. Easy access to Bus/Light Rail/Highway to Downtown/Airport/Mountains. Exemplary property for your portfolio.

Last Agent to Sell the Property

Ed Flynn

Coldwell Banker Realty-N Metro Listed on: 10/22/2019

Coldwell Banker Realty-N Metro

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1957

Lot Details

  • 6,250 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Parking

  • Alley Access

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Panel Doors
  • City Views
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Centennial Elementary School
  • Skinner Middle School
  • North High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number 219209024

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Berkeley Subdivision

Building Details

  • Gross Income $55,638
  • Net Operating Income $49,621

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,463

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Berkeley
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3136
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, All Appliances
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 6
  • Door Features: 6-Panel Doors
  • Entry Location: Outside Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Outside Entry
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Separate Meter Electricity, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Denver Water
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Centennial
  • HighSchool: North
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Skinner

Lot Info

  • Zoning: U-SU-C1
  • Lot Size Sq Ft: 6250
  • Parcel #: 219209024
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3463

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55637.7
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
Raheja Dalip
Bought by
J D Clarkson Company Llc
Current Estimated Value
$1,377,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$800,872
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$576,181

Purchase Details

Listed on
Oct 22, 2019
Closed on
Feb 14, 2020
Sold by
Jennie L Epperson Revocable Trust
Bought by
Raheja Dalip
Seller's Agent
Ed Flynn
Coldwell Banker Realty-N Metro
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$850,000
Sold Price
$765,000
Premium/Discount to List
-$85,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$573,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2018
Sold by
Epperson Jennie L
Bought by
Jennie L Epperson Revocable Trust

Purchase Details

Closed on
Jun 13, 2003
Sold by
Luevano Raul
Bought by
Roberts David T and Roberts Krista H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 9, 1995
Sold by
Hunt Dunwood Michael
Bought by
Luevano Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,536
Interest Rate
8.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
J D Clarkson Company Llc $1,125,000 First American Title
Raheja Dalip $765,000 Guardian Title
Jennie L Epperson Revocable Trust -- None Available
Roberts David T $285,000 --
Luevano Raul $120,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J D Clarkson Company Llc $900,000
Previous Owner Raheja Dalip $573,750
Previous Owner Roberts David T $228,000
Previous Owner Luevano Raul $117,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Off Market $765,000 -- --
02/14/2020 02/14/20 Sold $765,000 -1.3% $244 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/05/2020 01/05/20 Price Changed $775,000 -8.8% $247 / Sq Ft
10/22/2019 10/22/19 For Sale $850,000 -- $271 / Sq Ft
Source: IRES MLS

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 $6,342 $80,070 $33,980 $46,090
2023 $6,204 $80,070 $33,980 $46,090
2022 $4,368 $54,920 $29,740 $25,180
2021 $4,368 $57,750 $31,270 $26,480
2020 $4,081 $55,000 $26,800 $28,200
2019 $3,966 $55,000 $26,800 $28,200
2018 $3,463 $44,760 $20,240 $24,520
2017 $3,453 $44,760 $20,240 $24,520
2016 $2,730 $33,480 $19,892 $13,588
2015 $2,616 $33,480 $19,892 $13,588
2014 $2,067 $24,890 $14,917 $9,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 897323

IRES MLS

APN: 2192-09-024