Seller's Agent in 2024
Angel Hernandez
Paisano Realty, Inc.
(303) 947-7077
8 in this area
517 Total Sales
4925 W Mississippi Ave Denver, CO 80219
Westwood NeighborhoodEstimated Value: $643,036 - $656,000
6
Beds
3
Baths
2,911
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Eat-In Kitchen
- Private Yard
- Covered Patio or Porch
- Tile Countertops
About This Home
As of July 2024Welcome to 4925 W Mississippi Ave in Denver, CO, a fantastic investment opportunity or perfect multi-family home! This Triplex features three well-maintained units, each offering 2 spacious bedrooms and 1 bath. One of the units even boasts a versatile 3rd non-conforming bedroom, ideal for an office space. Tenants will appreciate the convenience of a common laundry area located at the back corner of the property. With 7 parking spaces available, parking will never be an issue.
This property is a gem for investors looking to expand their portfolio or for someone seeking a home where they can live and collect rental income from the other units. All units are currently rented on a month-to-month basis and are under market rent, providing excellent potential for increased revenue. The property also features a large private yard, perfect for outdoor activities and relaxation.
Location is key, and this Triplex does not disappoint. Situated close to shopping and public transit, it is just a 10-minute drive from Downtown Denver, making commuting and daily errands a breeze. The exterior of the home has been freshly painted, and some units have received updates and new paint, ensuring a fresh and appealing look.
Please note that showings will only be available once we are under contract. Kindly respect the privacy of the tenants and do not disturb them. Don’t miss out on this excellent opportunity!
Last Agent to Sell the Property
Paisano Realty, Inc. Brokerage Email: angel@paisano.com,303-455-2555 License #001313975 Listed on: 06/28/2024
Co-Listed By
Paisano Realty, Inc. Brokerage Email: angel@paisano.com,303-455-2555 License #100034453
Last Buyer's Agent
Paisano Realty, Inc. Brokerage Email: angel@paisano.com,303-455-2555 License #001313975 Listed on: 06/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,345
Year Built
- Built in 1961
Lot Details
- 8,040 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
- Private Yard
Parking
- 7 Parking Spaces
Home Design
- Triplex
- Block Foundation
- Rolled or Hot Mop Roof
Interior Spaces
- 2,911 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Oven
- Tile Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Force Elementary School
- West Denver Prep Middle School
- John F. Kennedy High School
Utilities
- Mini Split Air Conditioners
- Baseboard Heating
- Heating System Uses Steam
- Water Heater
Additional Features
- Covered Patio or Porch
- Property is near public transit
Listing and Financial Details
- Exclusions: Seller and tenants personal property.
- Assessor Parcel Number 5183-13-092
Community Details
Overview
- No Home Owners Association
- Kentucky Gardens Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2024
Closed on
Jul 31, 2024
Sold by
Caraveo Evaristo
Bought by
Aguilera Ricardo Aguilera
Seller's Agent
Angel Hernandez
Paisano Realty, Inc.
Buyer's Agent
Angel Hernandez
Paisano Realty, Inc.
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$482
Avg. Annual Appreciation
-0.06%
Original Mortgage
$617,500
Outstanding Balance
$610,512
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$39,006
Purchase Details
Closed on
Jan 11, 2023
Sold by
Caraveo Reynaldo S
Bought by
Caraveo Evaristo
Purchase Details
Closed on
Apr 16, 2001
Sold by
Rome Maynard Joseph
Bought by
Caraveo Reynaldo S and Caraveo Evaristo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.93%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aguilera Ricardo Aguilera | $650,000 | Homestead Title | |
| Caraveo Evaristo | -- | None Listed On Document | |
| Caraveo Reynaldo S | $247,500 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aguilera Ricardo Aguilera | $617,500 | |
| Previous Owner | Caraveo Reynaldo S | $185,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $650,000 | -3.7% | $223 / Sq Ft |
| 06/28/2024 06/28/24 | For Sale | $675,000 | -- | $232 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $3,419 | $43,170 | $6,390 | $36,780 |
| 2023 | $3,345 | $43,170 | $6,390 | $36,780 |
| 2022 | $3,117 | $39,190 | $9,710 | $29,480 |
| 2021 | $3,075 | $41,210 | $10,210 | $31,000 |
| 2020 | $2,327 | $31,360 | $6,450 | $24,910 |
| 2019 | $2,262 | $31,360 | $6,450 | $24,910 |
| 2018 | $2,094 | $27,070 | $5,410 | $21,660 |
| 2017 | $2,088 | $27,070 | $5,410 | $21,660 |
| 2016 | $1,836 | $22,510 | $5,086 | $17,424 |
| 2015 | $1,759 | $22,510 | $5,086 | $17,424 |
| 2014 | $1,301 | $15,660 | $2,993 | $12,667 |
Source: Public Records
Agents Affiliated with this Home
-
Angel Hernandez
-
Raul Hernandez
Seller Co-Listing Agent in 2024
Raul Hernandez
Paisano Realty, Inc.
(303) 947-5257
5 in this area
95 Total Sales
Map
Source: REcolorado®
MLS Number: 3001567
APN: 5183-13-092
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