NOT LISTED FOR SALE

Estimated Value: $702,000 - $843,000

3 Beds
3 Baths
1,440 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $760,000 $528 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,436/month

47 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Private Yard
  • Skinner Middle School Rated 9+
  • Corner Lot
  • Forced Air Heating System

About This Home

As of June 2023

This Triplex with (3) 1Br/1Ba Units is Located in the Berkeley Neighborhood Near 38th and Tennyson, ideal for an owner occupant! Unit 3 is vacant and easy to show. Units 1 and 2 are leased through July 2023. Exterior Improvements Include New Roof, New Gutters, Recently Painted Exterior, Beautifully Landscaped Front Yard, and Fenced in Backyard. The Building Features Separately Metered Units with Individual Furnaces and Water Heaters, Washer/Dryer in Units 1 and 3, and New Kitchens. Seller open to discussions regarding Rate Buy Down.

Last Agent to Sell the Property

Sam Bretz

Capstone Apartment Partners, LLC License #100081587 Listed on: 03/24/2023

Co-Listed By

Zack Jenkins

Kentwood Commercial, Llc License #100096444

Last Buyer's Agent

Noah Artinger

RE/MAX Alliance License #100096790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Private Yard

Home Design

  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • 1 Off-Street Space

Location

  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Shared Water Meter

Community Details

  • West Highland Subdivision
  • Operating Expense $10,488

Listing and Financial Details

  • Exclusions: Tenants` personal property.
  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 02193-30-014-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Above Grade Price per Sq Ft: 527.78
  • Finished Price per Sq Ft: 527.78
  • Total Price per Sq Ft: 527.78
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1440.00
  • Actual Annual Net Income: 42649.00
  • Cap Rate Calculation: $799,999/$42,649=.0533 x 100 = 5.33%
  • Exclusions: Tenants` personal property.
  • Living Area: 1440.00
  • Offstreet Spaces: 1
  • P P A: 6909090.91
  • Projected Annual Expense: 10488.00
  • Projected Annual Net Income: 46257.00
  • Projected Gross Income: 56745.00
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Directions: Google Maps
  • SubdivisionName: West Highland
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Flooring: Wood
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Wood Siding
  • Exterior Features: Private Yard

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Fee Information

  • Operating Expense: 10488.00

Schools

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

Lot Info

  • Parcel Number: 02193-30-014-000
  • Lot Size Acres: 0.11
  • Fencing: Partial
  • Building Area Total: 1440.00
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Count: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3287.58

MLS Schools

  • Elementary School: Centennial
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Baker George
Bought by
Pierpoint 7 Llc
Current Estimated Value
$773,452

Purchase Details

Closed on
Jun 8, 2011
Sold by
Baker George
Bought by
Adamsclock Llc

Purchase Details

Closed on
May 9, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Baker George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2008
Sold by
Barela Jennifer
Bought by
Hsbc Bank Usa Na and Fieldstone Mortgage Investment Trust Fmi

Purchase Details

Closed on
Mar 28, 2006
Sold by
Duran Pablo
Bought by
Barela Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,050
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 30, 2003
Sold by
Candela Juan
Bought by
Duran Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Tobar Richard A and Tobar Crystel C
Bought by
Candela Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,903
Interest Rate
7.95%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Goodwin Jason L and Goodwin Kelly A
Bought by
Tobar Richard A and Tobar Crystel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
6.92%

Purchase Details

Closed on
Jan 11, 1995
Sold by
Mestepey James Ronald and Mestepey Lloyd Tucker
Bought by
Goodwin Jason L and Goodwin Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,601
Interest Rate
9.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pierpoint 7 Llc -- None Available
Adamsclock Llc -- Land Title Guarantee Company
Baker George $177,100 Security Title
Hsbc Bank Usa Na -- None Available
Barela Jennifer $347,000 Title Guaranty Agency Of Co
Duran Pablo $229,000 --
Candela Juan $165,000 Land Title
Tobar Richard A $120,000 Land Title
Goodwin Jason L -- Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker George $132,750
Previous Owner Barela Jennifer $52,050
Previous Owner Barela Jennifer $277,600
Previous Owner Duran Pablo $206,100
Previous Owner Candela Juan $163,903
Previous Owner Tobar Richard A $139,600
Previous Owner Goodwin Jason L $79,601
Closed Goodwin Jason L $3,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $760,000 -5.0% $528 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $799,999 -1.2% $556 / Sq Ft
04/10/2023 04/10/23 Price Changed $809,999 -4.7% $562 / Sq Ft
03/24/2023 03/24/23 For Sale $850,000 -- $590 / 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 $4,017 $50,720 $19,340 $31,380
2023 $3,930 $50,720 $19,340 $31,380
2022 $3,288 $41,340 $20,030 $21,310
2021 $3,244 $43,470 $21,060 $22,410
2020 $2,622 $35,340 $21,060 $14,280
2019 $2,549 $35,340 $21,060 $14,280
2018 $2,750 $35,550 $17,680 $17,870
2017 $2,742 $35,550 $17,680 $17,870
2016 $3,119 $38,250 $15,633 $22,617
2015 $2,988 $38,250 $15,633 $22,617
2014 $2,985 $35,940 $11,725 $24,215
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 8595379

REcolorado®

APN: 2193-30-014