NOT LISTED FOR SALE

5017 W 34th Ave Unit 5021 Denver, CO 80212

West Highland Neighborhood

Estimated Value: $2,227,768

12 Beds
6 Baths
6,028 Sq Ft
$370/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $1,357,500 $225 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,189/month

346 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Patio
  • Edison Elementary School Rated A-
  • Brick Veneer
  • Fenced

About This Home

As of November 2016

Rare opportunity to own 3 like new side by side units in terrific location. Fully permitted 2015 remodel and basement finish. New roof, water heaters, high efficiency ductless furnaces. All new windows, kitchens, baths. 2 blocks from Pfedersteller park, 1 mi N of Sloan's Lake, close to Tennyson district, LoHi, downtown, and all points via Sheridan. Don't be fooled by the unsexy exterior. Must see inside. Easy investment in the path of progress with low expenses for years to come.

Last Agent to Sell the Property

David Gerlitz

Bluestem Real Estate Listed on: 11/20/2015

Last Buyer's Agent

Roxie Duggan

Roxie Duggan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 1963

Lot Details

  • 8,870 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 6,028 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Schools

  • Edison Elementary School
  • Skinner Middle School
  • North High School

Additional Features

  • Patio
  • Heating Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 230218013

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Cottage Hill Subdivision

Building Details

  • Gross Income $99,360
  • Net Operating Income $89,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,496

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Cottage Hill
  • Directions: Sheridan to East on 34th to property.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: Full, 90%+ Finished Basement
  • Total Bedrooms: 12
  • Interior Amenities: Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, xcel
  • Heating: 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, city
  • Gas Company: Natural Gas, xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Edison
  • HighSchool: North
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Skinner

Lot Info

  • Zoning: U-SU-C
  • Lot Size Sq Ft: 8870
  • Parcel #: 230218013
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3496

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 99360
  • Annual Operating Expense: 9896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2015
Closed on
Nov 30, 2016
Sold by
Equity Management Corp Llc
Bought by
501 Evergreen Llc
Seller's Agent
David Gerlitz
Bluestem Real Estate
Buyer's Agent
Roxie Duggan
Roxie Duggan
List Price
$1,350,000
Sold Price
$1,357,500
Premium/Discount to List
$7,500
0.56%
Total Days on Market
346
Current Estimated Value
$2,227,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$870,268

Purchase Details

Closed on
Nov 20, 2014
Sold by
Bell Katona Robert and Bell Katona Jo
Bought by
Equity Management Corp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
501 Evergreen Llc $1,357,500 Land Title Guarantee
Equity Management Corp Llc $650,000 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Equity Management Corp Llc $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,357,500 -- --
11/30/2016 11/30/16 Sold $1,357,500 +0.6% $225 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $1,350,000 -- $224 / 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 $8,199 $103,520 $45,240 $58,280
2023 $8,021 $103,520 $45,240 $58,280
2022 $8,632 $108,550 $44,130 $64,420
2021 $8,516 $114,130 $46,400 $67,730
2020 $7,293 $98,290 $40,610 $57,680
2019 $7,088 $98,290 $40,610 $57,680
2018 $6,129 $79,220 $23,360 $55,860
2017 $6,111 $79,220 $23,360 $55,860
2016 $5,248 $64,350 $22,606 $41,744
2015 $3,725 $47,680 $22,606 $25,074
2014 $3,496 $42,090 $19,375 $22,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 779677

IRES MLS

APN: 2302-18-013