NOT LISTED FOR SALE

Estimated Value: $555,000 - $771,145

3 Beds
2 Baths
1,448 Sq Ft
$458/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $330,000 $228 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,778/month

3 Days on Market

Highlights

  • No HOA
  • North Facing Home
  • Wood Siding
  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Sunken Gardens Park

About This Home

As of December 2023

Attention real estate investors! Are you on the lookout for a profitable fix-and-flip project? Look no further than this amazing single-family home. This three-bedroom property is in dire need of a complete renovation, but with your expertise and investment, you have the potential to transform it into a stunning home worth $800,000. By putting in your time and effort into this property, you will not only be adding substantial value to it but also building your wealth. The new owner of 512 W 8th will be allowed to use the adjacent vacant lot (508 W 8th) for their roll-away and parking for 4 months starting from the day of close on 512 W 8th. The new owner of 512 will also have the option to have first right of refusal on the vacant (508 W 8th Ave) when it is put on the market for sale in the next few months.

Last Agent to Sell the Property

Vivi Gloriod

eXp Realty, LLC Brokerage Email: vivi@teamvivi.com,303-847-1868 License #100029282 Listed on: 12/06/2023

eXp Realty, LLC

Last Buyer's Agent

Eric Hyatt

HomeSmart License #100066211

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1884

Lot Details

  • 1,875 Sq Ft Lot
  • North Facing Home
  • Level Lot
  • Property is zoned U-RH-3A

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

  • Dora Moore Elementary School
  • Strive Westwood Middle School
  • West Leadership High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Elmwood Add Subdivision

Listing and Financial Details

  • Exclusions: Seller`s Personal Property
  • Assessor Parcel Number 5036-17-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1884
  • Above Grade Finished Sq Ft: 1448
  • Exclusions: Seller`s Personal Property
  • Living Area: 1448
  • Property Condition: Fixer
  • SubdivisionName: Elmwood Add
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-12-08
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.94286
  • Attribution Contact: vivi@teamvivi.com,303-847-1868
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: North
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Strive Westwood

Lot Info

  • Parcel Number: 5036-17-032
  • Lot Size Acres: 0.04
  • Building Area Total: 1448
  • Lot Features: Level
  • Lot Size Sq Ft: 1875
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2184

MLS Schools

  • Elementary School: Dora Moore
  • High School: West Leadership

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Dec 22, 2023
Sold by
Soliz-Ruiz Gloria Jean
Bought by
Biulding Solutions Limited Liability Company
Seller's Agent
Vivi Gloriod
eXp Realty, LLC
Buyer's Agent
Eric Hyatt
HomeSmart
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%
Views
148
Current Estimated Value
$663,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,786
Avg. Annual Appreciation
53.94%

Purchase Details

Closed on
May 19, 2017
Sold by
Soliz Ruiz Gloria and Gonzalez Gloria Jean
Bought by
Soliz Ruiz Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Biulding Solutions Limited Liability Company $330,000 None Listed On Document
Soliz Ruiz Gloria Jean -- Resource Real Estate Svcs Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soliz Ruiz Gloria Jean $164,500
Previous Owner Soliz Ruiz Gloria Jean $164,947
Previous Owner Gonzalez Gloria Jean $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $330,000 -5.7% $228 / Sq Ft
12/07/2023 12/07/23 For Sale $350,000 -- $242 / 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 $1,732 $28,570 $6,730 $21,840
2023 $1,695 $28,570 $6,730 $21,840
2022 $2,184 $27,460 $10,200 $17,260
2021 $2,184 $28,240 $10,490 $17,750
2020 $2,050 $27,630 $5,560 $22,070
2019 $1,993 $27,630 $5,560 $22,070
2018 $1,652 $21,350 $4,480 $16,870
2017 $1,647 $21,350 $4,480 $16,870
2016 $1,391 $17,060 $4,641 $12,419
2015 $1,333 $17,060 $4,641 $12,419
2014 $1,212 $14,590 $1,345 $13,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5345364

REcolorado®

APN: 5036-17-032