$585,000
SOLD JUN 13, 2024
4 Beds
4 Baths
1,903 Sq Ft
3,514 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

33 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Private Yard
  • Property is near public transit
  • Wood Flooring
  • No HOA

About This Home

As of May 2025

Back on the Market!!! Buyer got cold feet!!!! Attention Investors! This is a remarkable opportunity to own a quadplex in the transforming Swansea area! The converted single-family home boasts four units, all with long-term rental history. The current owner has been re-finishing and updating each unit as they have become available. Financials and leases are available upon request. This property is turn-key, with an opportunity to own the home behind the home! Book your showing today!

Last Agent to Sell the Property

Jane Knauf

Metro Home Finders Brokerage Email: jane@metrohomefinders.com,720-362-9004 License #100087091 Listed on: 04/10/2024

Last Buyer's Agent

Jeffrey White

Your Castle Realty LLC License #100090620

Your Castle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1937

Lot Details

  • 3,514 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Home Design

  • Traditional Architecture
  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • City Views

Kitchen

  • Oven
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Basement

  • Partial Basement
  • Laundry in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Swansea Elementary School
  • Dsst: Cole Middle School
  • Manual High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Sellers Personal Property -Tenant Property
  • The owner pays for electricity, gas, internet, water
  • Assessor Parcel Number 2231-13-040

Community Details

Overview

  • No Home Owners Association
  • Elyria Swansea Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $2,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadplex
  • Architectural Style: Traditional
  • Structure Type: Quadruplex
  • Levels: One
  • Year Built: 1937
  • Above Grade Finished Sq Ft: 1053
  • Entry Location: Exterior Access
  • Exclusions: Sellers Personal Property -Tenant Property
  • Living Area: 1903
  • Property Condition: Fixer
  • Directions: GPS is Correct
  • SubdivisionName: Elyria-Swansea
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 94.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.99153
  • Attribution Contact: jane@metrohomefinders.com,720-362-9004
  • Special Features: None

Interior Features

  • Appliances: Disposal, Oven, Refrigerator
  • Interior Amenities: Built-in Features
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Common Walls: 2+ Common Walls
  • Basement: Partial
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 850
  • Entry Level: 1

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Architecural Shingle
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Private Yard
  • Patio and Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area, In Basement
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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
  • REC_MultipleAssociationsYN: 0

Fee Information

  • Operating Expense: 2900

Schools

  • Middle Or Junior School: DSST: Cole

Lot Info

  • Parcel Number: 2231-13-040
  • Lot Size Acres: 0.08
  • Fencing: Full
  • Building Area Total: 1997
  • Lot Features: Level, Near Public Transit
  • Lot Size Sq Ft: 3514
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Electricity, Gas, Internet, Water
  • Tenant Pays: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2181

MLS Schools

  • Elementary School: Swansea
  • High School: Manual

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 21, 2025
Sold by
Malicoat Bartley Aaron
Bought by
Best Alan
Seller's Agent
Jeffrey White
Your Castle Realty LLC
Buyer's Agent
Jeffrey White
Your Castle Realty LLC
List Price
$585,000
Sold Price
$576,225
Premium/Discount to List
-$8,775
-1.5%
Total Days on Market
33
Views
761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.72%
Original Mortgage
$518,602
Outstanding Balance
$518,602
Interest Rate
5.82%
Mortgage Type
New Conventional
Estimated Equity
$64,255

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jun 13, 2024
Sold by
Wear Jeanne Marie and Wear Steven Phillip
Bought by
Malicoat Bartley Aaron
Seller's Agent
Jane Knauf
Metro Home Finders
Buyer's Agent
Jeffrey White
Your Castle Realty LLC
List Price
$590,000
Sold Price
$585,000
Premium/Discount to List
-$5,000
-0.85%
Views
761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$468,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Allen William R and Allen Dorothy A
Bought by
Wear Steven Phillip and Wear Jeanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2014
Sold by
Allen Investment Group Inc
Bought by
Allen William R and Allen Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Allen William R
Bought by
Allen Investment Group Inc

Purchase Details

Closed on
Mar 9, 2010
Sold by
The Emma Lou Allen Testamentary Trust
Bought by
Allen William R

Purchase Details

Closed on
Oct 28, 2009
Sold by
Mccolskey Joseph David and Mccolskey Kathy S
Bought by
Emma Lou Allen Testamentary Trust

Purchase Details

Closed on
May 5, 2008
Sold by
4662 Williams Street Llc
Bought by
Mccolskey Joseph David and Mccolskey Kathy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2007
Sold by
U S Bank
Bought by
4662 Williams Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.72%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kirkman Kristopher D
Bought by
U S Bank

Purchase Details

Closed on
Oct 6, 2003
Sold by
Baker Bruce T and Baker Irene R
Bought by
Kirkman Kristopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2002
Sold by
Napolitan Jerry
Bought by
Baker Bruce T and Baker Irene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,400
Interest Rate
6.89%

Purchase Details

Closed on
Feb 5, 2002
Sold by
J Napolitan & Co
Bought by
Napolitan Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $576,225 Htc (Heritage Title)
Warranty Deed $585,000 Land Title
Warranty Deed $390,000 Heritage Title Co
Quit Claim Deed -- None Available
Quit Claim Deed -- Ct
Interfamily Deed Transfer -- None Available
Warranty Deed $192,000 None Available
Warranty Deed $230,000 American Liberty Title
Special Warranty Deed $75,000 Chicago Title
Trustee Deed -- None Available
Warranty Deed $205,000 --
Warranty Deed $183,000 North American Title Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,602 New Conventional
Previous Owner $468,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $133,000 New Conventional
Previous Owner $45,000 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $170,000 Unknown
Previous Owner $112,000 Balloon
Previous Owner $164,000 Unknown
Previous Owner $149,700 Unknown
Previous Owner $146,400 No Value Available
Previous Owner $146,400 Unknown
Previous Owner $136,500 No Value Available
Closed $20,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Sold $576,225 -1.5% $303 / Sq Ft
04/08/2025 04/08/25 For Sale $585,000 -- $307 / 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 $2,500 $31,560 $5,210 $26,350
2023 $2,445 $31,560 $5,210 $26,350
2022 $2,181 $27,430 $5,640 $21,790
2021 $2,181 $28,850 $5,930 $22,920
2020 $2,010 $27,090 $2,370 $24,720
2019 $1,954 $27,090 $2,370 $24,720
2018 $1,916 $24,770 $1,200 $23,570
2017 $1,911 $24,770 $1,200 $23,570
2016 $1,187 $14,560 $1,186 $13,374
2015 $1,138 $14,560 $1,186 $13,374
2014 $742 $8,930 $955 $7,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6076026

REcolorado®

APN: 2231-13-040