NOT LISTED FOR SALE

49 S 3rd Ave Brighton, CO 80601

Estimated Value: $445,000 - $562,000

4 Beds
3 Baths
2,422 Sq Ft
$213/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $200,000 $83 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,253/month

83 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Level Lot
  • Brick Veneer
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2017

Don't miss out on this investment opportunity. This listing is currently being used as office/barber shop with frontage off 3rd Ave and 2 residential units in the back. Barber shop and residents are currently being leased. Office space is vacant. Property is being sold as is. Zoned Mixed use. Each unit has separate electric/gas meters. One common water/sewer tap. Buyer to verify measurements. Property is sold as-is.

Last Agent to Sell the Property

Jill Kline

K & O Realty Listed on: 10/03/2016

Co-Listed By

Brenda K&O Realty

K & O Realty

Last Buyer's Agent

Brenda K&O Realty

K & O Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,035

Year Built

  • Built in 1901

Lot Details

  • 7,500 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,422 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0003857

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Walnut Grove Add Subdivision

Building Details

  • Gross Income $35,000
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,035

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Year Built: 1901
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 1MBKO
  • Subdivision Name: Walnut Grove Add
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2422
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air, Evaporative Cooling
  • Electric: Separate Meter Electricity
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Other, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, City of Brighton
  • Gas Company: Natural Gas, Separate Meter Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • HighSchool: Other
  • Junior High Dist: Brighton Dist 27J
  • Middle Or Junior School: Other

Lot Info

  • Zoning: Income/Res
  • Lot Size Sq Ft: 7500
  • Parcel #: R0003857
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2015

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35000
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Gordon Group Investments Llc
Bought by
49 South Third Ave Llc
Current Estimated Value
$516,540

Purchase Details

Closed on
Apr 19, 2018
Sold by
Ggi Acquistions Llc
Bought by
Gordon Group Invesments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2018
Sold by
Gordon Group Investments Llc
Bought by
Ggi Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 2, 2018
Sold by
Pecision Investments Llc
Bought by
Gordon Group Investments Llc A Colorado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 20, 2017
Sold by
Pineda Michael J
Bought by
Precision Investments Llc
Seller's Agent
Jill Kline
K & O Realty
Buyer's Agent
Brenda K&O Realty
K & O Realty
List Price
$450,000
Sold Price
$200,000
Premium/Discount to List
-$250,000
-55.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 11, 2017
Sold by
Pineda Michael J and Pineda Benjamin J
Bought by
Pineda Michael J
Seller's Agent
Jill Kline
K & O Realty
Buyer's Agent
Brenda K&O Realty
K & O Realty
List Price
$450,000
Sold Price
$200,000
Premium/Discount to List
-$250,000
-55.56%

Purchase Details

Closed on
Jan 11, 2010
Sold by
Pineda Michael J and Pineda Benjamin J
Bought by
Pineda Michael J

Purchase Details

Closed on
Sep 5, 2002
Sold by
Brown John S and Brown Constance I
Bought by
Pineda Michael J and Pineda Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 1995
Sold by
Brown John S and Brown Constance I
Bought by
Stanton Funk Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.48%
Mortgage Type
Seller Take Back
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
49 South Third Ave Llc $560,000 New Title Company Name
Gordon Group Invesments Llc -- Fidelity National Title
Ggi Acquisitions Llc -- Land Title Guarantee Co
Gordon Group Investments Llc A Colorado $380,000 Land Title Guarantee Co
Precision Investments Llc $200,000 North American Title
Pineda Michael J -- None Available
Pineda Michael J -- None Available
Pineda Michael J $180,000 North American Title Co
Stanton Funk Lori J $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ggi Acquisitions Llc $285,000
Previous Owner Pineda Michael J $155,000
Previous Owner Stanton Funk Lori J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $200,000 -- --
01/24/2017 01/24/17 Sold $200,000 -55.6% $83 / Sq Ft
12/25/2016 12/25/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $450,000 -- $186 / 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 $6,035 $88,370 $10,760 $77,610
2023 $6,007 $66,220 $8,990 $57,230
2022 $3,703 $33,710 $8,450 $25,260
2021 $3,395 $33,710 $8,450 $25,260
2020 $6,638 $67,220 $8,410 $58,810
2019 $6,644 $67,220 $8,410 $58,810
2018 $3,628 $36,690 $7,820 $28,870
2017 $3,624 $36,690 $7,820 $28,870
2016 $3,497 $35,290 $5,810 $29,480
2015 $3,490 $35,290 $5,810 $29,480
2014 $3,391 $34,790 $5,310 $29,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 804005

IRES MLS

APN: 1569-07-2-02-007