NOT LISTED FOR SALE

4700 E Colfax Ave Denver, CO 80220

Hale Neighborhood

Estimated Value: $1,457,098

0.39 Acre
$3,736,149 Price per Acre
16,988 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $1,625,000

Est. 10% decrease in value since last sale

Current estimated payment $9,636/month

10 Days on Market

Highlights

  • City View
  • 0.39 Acre Lot
  • Level Lot
  • East High School Rated A
  • Development of the land is complete

About This Lot

As of May 2023

Shovel ready development opportunity. Develop in Denver without waiting on the lengthy entitlement process. The development plans are approved, and permits are ready. The site has been prepped to start construction. Nearly 200K in soft and hard costs already complete. The approved plans are for a 14 Unit Townhome Development. Site is located in a highly sought after Denver area. Colfax has a rich history tucked between Park Hill and Mayfair neighborhoods. Be part of the redevelopment of Colfax. Please email or call for more information.

Last Agent to Sell the Property

Michael McAtee

Parkview Real Estate License #100025841 Listed on: 04/05/2023

Co-Listed By

Joel Levy

Parkview Real Estate License #100009423

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,757

Year Built

  • 2003

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Development of the land is complete
  • Property is zoned U-MS-3

Property Views

  • City
  • Mountain

Utilities

  • Cable TV Available

Community Details

  • Bellevue Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6062-01-002

Property Details

Property Type

Land

Est. Annual Taxes

$17,757

Year Built

2003

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • P P A: 4166666.67
  • P S F Lot: 94.95
  • Submitted Prospect: Yes
  • Water Included: Yes
  • SubdivisionName: BELLEVUE
  • Special Features: None
  • Year Built (Public Record): 2003

Exterior Features

  • View: City, Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Tap Paid Yn: Yes

Schools

  • School District: Denver 1

Lot Info

  • Parcel Number: 6062-01-002
  • Lot Size Acres: 0.39
  • Zoning Jurisdiction: City
  • Lot Features: Level
  • Lot Size Sq Ft: 17114.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17757.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2021
Sold by
Mld Ventures Llc
Bought by
City And County Of Denver
Total Days on Market
10
Current Estimated Value
$1,457,098

Purchase Details

Closed on
Feb 4, 2021
Sold by
4700 Colfax Car Wash Llc
Bought by
Mld Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,150
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2010
Sold by
Kenzach Corporation
Bought by
4700 Colfax Car Wash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,315
Interest Rate
4.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2010
Sold by
Schwartz Julie and Jacobs Julie
Bought by
Kenzach Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,315
Interest Rate
4.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2001
Sold by
Finsters Indefatigable Real Estate Llc
Bought by
Kenzach Corp

Purchase Details

Closed on
Dec 29, 1998
Sold by
Finster J Stephen and Robles Raymond
Bought by
Finster Indefatigable Real Estate Llc

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
6.68%
Mortgage Type
Commercial
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
City And County Of Denver -- None Listed On Document
Mld Ventures Llc $1,245,000 Land Title Guarantee Company
4700 Colfax Car Wash Llc $875,000 Chicago Title Co
Kenzach Corporation -- Chicago Title Co
Kenzach Corp $320,000 --
Finster Indefatigable Real Estate Llc -- --
Robles Raymond $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mld Ventures Llc $6,060,710
Previous Owner Mld Ventures Llc $834,150
Previous Owner 4700 Colfax Car Wash Llc $342,000
Previous Owner 4700 Colfax Car Wash Llc $785,315
Previous Owner Kenzach Corp $122,618
Previous Owner Kenzach Corp $500,000
Previous Owner Kenzach Corp $556,000
Previous Owner Finsters Indefatigable Real Estate Llc $54,200
Previous Owner Finsters Indefatigable Real Estate Llc $20,000
Previous Owner Finster Indefatigable Real Estate Llc $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $1,625,000 -7.1% --
04/15/2023 04/15/23 Pending -- -- --
04/05/2023 04/05/23 For Sale $1,750,000 -- --
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
2021 $17,757 $237,970 $237,680 $290
2020 $17,656 $237,970 $237,680 $290
2019 $17,161 $237,970 $237,680 $290
2018 $18,514 $239,310 $184,880 $54,430
2017 $18,459 $239,310 $184,880 $54,430
2016 $13,267 $162,690 $105,647 $57,043
2015 $12,710 $162,690 $105,647 $57,043
2014 $14,086 $169,600 $105,647 $63,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4224575

REcolorado®

APN: 6062-01-002