NOT LISTED FOR SALE

Estimated Value: $561,585

4 Beds
2 Baths
1,587 Sq Ft
$354/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $528,938 $333 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,433/month

22 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Partially Fenced Property
  • William (Bill) Roberts ECE-8 School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2023

Well kept and maintained Denver duplex in North Park Hill with a solid rental history. Both sides are included in the sale, and they are currently occupied, providing immediate income. Each unit includes 2 bedrooms and 1 bath with a good layout. Lot boasts an ~60ft frontage and ~125ft depth for future possibilities. Washer and dryer hookups in each unit. 5221 E Thrill is currently rented at $1,600 a month with lease expiration of 3/31/2024. 5223 E Thrill is rented at $1,800 a month with lease expiration of 5/31/2024. Plenty of off street parking and a detached garage with alley access. Buyer and buyers agent to verify any and all information.

Last Listed By

Matt McKay

Orchard Brokerage LLC Brokerage Email: matt@realtyindenver.com,303-888-1257 License #100039556 Listed on: 10/03/2023

Orchard Brokerage LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,649

Year Built

  • Built in 1954

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Stedman Elementary School
  • Denver Discovery Middle School
  • East High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • North Park Hill Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Property held in a trust
  • Assessor Parcel Number 1301-17-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,649

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1587
  • Exclusions: Tenants personal property
  • Living Area: 1587
  • Directions: N on Forest Street from MLK then E on E Thrill Place. NO SIGN IN YARD.
  • SubdivisionName: North Park Hill
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.96188
  • Attribution Contact: matt@realtyindenver.com,303-888-1257
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 8
  • REC_ParkingCount: 2

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: Denver Discovery

Lot Info

  • Parcel Number: 1301-17-017
  • Lot Size Acres: 0.17
  • Fencing: Partial
  • Building Area Total: 1587
  • Lot Features: Level
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2649

MLS Schools

  • Elementary School: Stedman
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 29, 2023
Sold by
Second Salcedo Family Limited Partnershi
Bought by
5223 Thrill Trust
Seller's Agent
Matt McKay
Orchard Brokerage LLC
Buyer's Agent
Nate Sylvan
Capital Property Group LLC
List Price
$549,900
Sold Price
$528,938
Premium/Discount to List
-$20,962
-3.81%
Total Days on Market
22
Views
60
Current Estimated Value
$561,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,647
Avg. Annual Appreciation
4.10%
Original Mortgage
$476,000
Outstanding Balance
$470,223
Interest Rate
7.63%
Mortgage Type
Construction
Estimated Equity
$91,362

Purchase Details

Closed on
May 31, 2007
Sold by
Salcedo Margarita M
Bought by
Second Salcedo Family Lp Lllp

Purchase Details

Closed on
Jun 10, 1999
Sold by
Jenkins Charles A
Bought by
Salcedo Margarita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
9.72%

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
5223 Thrill Trust $528,937 Land Title
Second Salcedo Family Lp Lllp -- None Available
Salcedo Margarita M $141,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5223 Thrill Trust $476,000
Previous Owner Salcedo Margarita M $149,500
Previous Owner Salcedo Margarita M $146,250
Previous Owner Salcedo Margarita M $112,800
Closed Salcedo Margarita M $14,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $528,938 -3.8% $333 / Sq Ft
10/03/2023 10/03/23 For Sale $549,900 -- $347 / 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 $3,468 $43,790 $10,670 $33,120
2023 $3,393 $43,790 $10,670 $33,120
2022 $2,649 $33,310 $9,710 $23,600
2021 $2,613 $35,020 $10,210 $24,810
2020 $2,058 $27,740 $10,210 $17,530
2019 $2,001 $27,740 $10,210 $17,530
2018 $1,780 $23,010 $6,680 $16,330
2017 $1,775 $23,010 $6,680 $16,330
2016 $1,490 $18,270 $6,822 $11,448
2015 $1,427 $18,270 $6,822 $11,448
2014 $1,119 $13,470 $4,545 $8,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3513488

REcolorado®

APN: 1301-17-017