$592,000
SOLD NOV 18, 2022
4 Beds
2 Baths
1,620 Sq Ft
0.28 Acres

Recently Sold

$365 Per Sq Ft

4% Below List Price

23 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Walk-In Closet
  • Private Yard
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of February 2023

Rare Investment Opportunity! Now Available For Sale is this Entire Side-By-Side Ranch-Style Solid-Brick Duplex that has been Rented Steadily for Many Years. Each Unit/Side features 2 Bedrooms, 1 Full Bathroom, Eat-In Kitchen, Living Room, Laundry Closet, Car Carport & Large Fenced Yard with Storage Shed. Updates Include; Newer Double Pane Vinyl Windows, Newer Roof/Gutters, Newer Furnaces & Water Heaters. Solid Oak Flooring throughout Living Room, Hall & Bedrooms. This Property is Conveniently located in Wheat Ridge (aka Sweet Ridge) & Both Units are Move-In-Ready. Rent Both Sides or Live in One Side & Rent the Other. NO HOA! Each Side/Unit features a 1-Car Attached Carport & additional Driveway & Street Parking in Front of Property. Walk & Bike to nearby Shopping, Restaurants, Parks & Trails. Minutes to Wheat Ridge Recreation Center, Anderson Park & Pool, Clear Creek Trails, RTD Light Rail(G Line) & Olde Town Arvada. Quick Commute with Easy Access to Denver/Mountains/Anywhere via I70/44th/Kipling/Wadsworth.

Last Agent to Sell the Property

Marlo Quade

Brick & Main Real Estate License #100028716

Co-Listed By

Jason Quade

Brick & Main Real Estate License #100039210

Last Buyer's Agent

Sean Gribbons

The Gold Standard Brokerage License #100055843

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Property is Fully Fenced
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Schools

  • Pennington Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • Forced Air Heating System

Community Details

  • North Green Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 066968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,539

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 365.43
  • Finished Price per Sq Ft: 365.43
  • Total Price per Sq Ft: 365.43
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1620.00
  • Living Area: 1620.00
  • P P A: 2114285.71
  • Submitted Prospect: Yes
  • SubdivisionName: North Green Valley
  • Special Features: None

Interior Features

  • Appliances: Disposal, Range, Refrigerator
  • Interior Amenities: Eat-in Kitchen, No Stairs, Walk-In Closet(s)
  • Flooring: Tile, Vinyl, Wood
  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Total Bedrooms: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Private Yard

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Schools

  • School District: Jefferson County R-1
  • Elementary School: Pennington
  • Middle School: Everitt
  • High School: Wheat Ridge
  • Middle Or Junior School: Everitt

Lot Info

  • Parcel Number: 066968
  • Lot Size Acres: 0.28
  • Fencing: Full
  • Building Area Total: 1620.00
  • Lot Size Sq Ft: 12388.00

Multi Family

  • Unit Count: 1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2539.00

MLS Schools

  • Elementary School: Pennington
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 10, 2023
Sold by
Dk 4784 Llc
Bought by
Crapo Scott and Crapo Kimberly
Seller's Agent
Sean Gribbons
The Gold Standard Brokerage
Buyer's Agent
Joseph Newman
Compass - Denver
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%
Total Days on Market
23
Views
19
Current Estimated Value
$475,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,914
Avg. Annual Appreciation
8.07%
Original Mortgage
$360,000
Outstanding Balance
$350,289
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$125,625

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 3, 2023
Sold by
Dk 4784 Llc
Bought by
Ward Kenna L
Seller's Agent
Sean Gribbons
The Gold Standard Brokerage
Buyer's Agent
Joseph Newman
Compass - Denver
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$350,289
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$125,625

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 18, 2022
Sold by
Bishop Michael J
Bought by
Dk 4784 Llc
Seller's Agent
Marlo Quade
Brick & Main Real Estate
Buyer's Agent
Sean Gribbons
The Gold Standard Brokerage
List Price
$615,000
Sold Price
$592,000
Premium/Discount to List
-$23,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.81%
Original Mortgage
$579,645
Interest Rate
1.02%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 1997
Sold by
Richers Elmer L and Richers Doris E
Bought by
Bishop Michael J and Bishop Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Map

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 Type Sale Price Title Company
Warranty Deed $400,000 Land Title
Warranty Deed $400,000 --
Special Warranty Deed $592,000 Land Title
Warranty Deed $132,000 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Closed $340,000 New Conventional
Previous Owner $579,645 Construction
Previous Owner $80,000 Unknown
Previous Owner $100,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $400,000 0.0% $494 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $399,999 -32.4% $494 / Sq Ft
11/18/2022 11/18/22 Sold $592,000 -3.7% $365 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $615,000 -- $380 / Sq Ft
Source: REcolorado®

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 $2,448 $14,771 $9,058 $5,713
2023 $2,448 $14,747 $14,747 --
2022 $2,448 $26,280 $11,701 $14,579
2021 $2,539 $27,633 $12,304 $15,329
2020 $2,420 $26,395 $11,179 $15,216
2019 $2,387 $26,395 $11,179 $15,216
2018 $2,148 $23,093 $7,306 $15,787
2017 $1,957 $23,093 $7,306 $15,787
2016 $1,733 $19,154 $6,092 $13,062
2015 $1,478 $19,154 $6,092 $13,062
2014 $1,478 $15,363 $5,158 $10,205
Source: Public Records

Source: REcolorado®

MLS Number: 6594212

REcolorado®

APN: 39-221-08-029