NOT LISTED FOR SALE

504 Longs Peak St Brighton, CO 80601

Estimated Value: $440,574 - $509,000

4 Beds
2 Baths
1,500 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $510,800 $341 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,968/month

87 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating System
  • Mini Split Air Conditioners
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2022

Well maintained single-story side-by-side duplex, each side 2 bedroom/1 bathroom units, both rent for $1,400 per month, each unit has a 1 car garage, washer/dryer hook-ups, double pane windows, individual furnaces and water heaters, front and rear entrances, fenced private backyards, and plenty of additional off-street parking. Residents pay gas and electricity usage directly, owner pays water, sewer, and trash, currently not being billed back to residents. Large corner lot, zero-scaped for minimal water expense, small storage shed for additional storage, could provide additional storage income. Great investment in Brighton's booming rental market, quiet neighborhood within walking distance to Main Street, enjoy strong stable cashflow Or live in one side and rent the other.

Last Agent to Sell the Property

Clayton Primm

Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. License #100024161 Listed on: 07/06/2022

Last Buyer's Agent

Melody Rivera

Keller Williams Realty Urban Elite License #1323160

Keller Williams Realty Urban Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • 6 Off-Street Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Northeast Elementary School
  • Overland Trail Middle School
  • Brighton High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Separate Meters
  • Shared Water Meter

Community Details

  • Central Addition To Brighton Subdivision
  • Operating Expense $6,273

Listing and Financial Details

  • Exclusions: Personal property belonging to tenants.
  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number R0003028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1963

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: 340.53
  • Finished Price per Sq Ft: 340.53
  • Total Price per Sq Ft: 340.53
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1500.00
  • Actual Annual Net Income: 27327.00
  • Exclusions: Personal property belonging to tenants.
  • Living Area: 1500.00
  • Offstreet Spaces: 6
  • P P A: 3004705.88
  • Projected Annual Expense: 6273.00
  • Projected Annual Net Income: 32127.00
  • Projected Gross Income: 38400.00
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Directions: SEC of 5th and Longs Peak
  • SubdivisionName: CENTRAL ADDITION TO BRIGHTON
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Wood Siding

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Water Source: Public

Fee Information

  • Operating Expense: 6273.00

Schools

  • School District: School District 27-J
  • Elementary School: Northeast
  • Middle School: Overland Trail
  • High School: Brighton
  • Middle Or Junior School: Overland Trail

Lot Info

  • Parcel Number: R0003028
  • Lot Size Acres: 0.17
  • Building Area Total: 1500.00
  • Lot Size Sq Ft: 7405.20

Rental Info

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2242.00

MLS Schools

  • Elementary School: Northeast
  • High School: Brighton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Nov 4, 2022
Sold by
Dj Brighton 1 Llc
Bought by
Cozine Robert and Bock Anthony
Seller's Agent
Clayton Primm
Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
Buyer's Agent
Melody Rivera
Keller Williams Realty Urban Elite
List Price
$550,000
Sold Price
$510,800
Premium/Discount to List
-$39,200
-7.13%
Total Days on Market
87
Views
7
Current Estimated Value
$486,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,906
Avg. Annual Appreciation
-1.84%
Original Mortgage
$357,560
Outstanding Balance
$347,803
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$139,091

Purchase Details

Closed on
Jan 16, 2022
Sold by
Jospeh Quintana and Quintana Deborah M
Bought by
Dj Brighton 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Larson Richard Leroy
Bought by
Quintana Joseph and Quintana Deborah M

Purchase Details

Closed on
Aug 25, 1998
Sold by
Griffin Grace E and Griffin Clinton M
Bought by
Larson Richard Leroy and Larson Audrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,760
Interest Rate
6.9%
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
Cozine Robert $510,800 Land Title Guarantee
Dj Brighton 1 Llc $440,000 Land Title Guarantee Company
Quintana Joseph $122,000 Land Title Guarantee Company
Larson Richard Leroy $125,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozine Robert $357,560
Previous Owner Dj Brighton 1 Llc $330,000
Previous Owner Larson Richard Leroy $107,000
Previous Owner Larson Richard Leroy $80,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $510,800 -7.1% $341 / Sq Ft
10/01/2022 10/01/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $550,000 -- $367 / Sq Ft
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
2024 $2,823 $27,130 $7,500 $19,630
2023 $2,823 $29,360 $8,120 $21,240
2022 $2,340 $21,300 $7,240 $14,060
2021 $2,242 $21,300 $7,240 $14,060
2020 $1,895 $19,190 $7,290 $11,900
2019 $1,897 $19,190 $7,290 $11,900
2018 $1,458 $14,740 $7,130 $7,610
2017 $1,456 $14,740 $7,130 $7,610
2016 $1,167 $11,780 $3,580 $8,200
2015 $1,165 $11,780 $3,580 $8,200
2014 -- $10,700 $2,870 $7,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6861553

REcolorado®

APN: 1569-06-4-09-001