Seller's Agent in 2021
Phil Dankner
Unique Properties
(303) 645-4796
1 in this area
37 Total Sales
537 Fifth St Frederick, CO 80530
Estimated Value: $374,000 - $414,000
2
Beds
2
Baths
966
Sq Ft
$410/Sq Ft
Est. Value
Highlights
- No HOA
- Outdoor Storage
- Wood Siding
- Air Conditioning
- Baseboard Heating
- 4-minute walk to Centennial Park
About This Home
As of June 2021Newly renovated duplex situated on a large lot in the heart of old town Fredrick. This property was completely redone starting in 2015. The current owners have replaced the siding, windows, doors, added large storage sheds behind each unit, as well as updated light fixtures and electrical outlets. The roof was replaced in March 2021 and has a transferable warranty. Plumbing was updated including replacing both water heaters in the fall of 2018. Full kitchen rehabs including cabinets, countertops, sinks, fixtures, and appliances in 2018. Both units have updated vinyl plank flooring with carpet in the bedrooms. Each unit has a stacked washer dryer. Unit 537 is currently available. Unit 541 is currently occupied, on a MTM lease. The Seller is currently receiving $950 a month for unit 541. Each unit has 6 off street parking spaces in the rear of the building. Unit 541 also has a carport attached to the unit. Walking distance to all that downtown Fredrick has to offer.
Last Buyer's Agent
Non-IRES Agent
Non-IRES
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,987
Year Built
- Built in 1959
Lot Details
- 7,813 Sq Ft Lot
- Sprinkler System
Home Design
- Duplex
- Composition Roof
- Wood Siding
Interior Spaces
- 966 Sq Ft Home
- 1-Story Property
- Window Treatments
- Electric Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Frederick Elementary And Middle School
- Frederick High School
Utilities
- Air Conditioning
- Baseboard Heating
- Cable TV Available
Additional Features
- Outdoor Storage
- Mineral Rights
Listing and Financial Details
- Tenant pays for electricity, water, trash collection
- Assessor Parcel Number R5549886
Community Details
Overview
- No Home Owners Association
- 2 Units
- Fredrick Town Subdivision
Building Details
- Gross Income $28,518
- Net Operating Income $23,731
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2008
Sold by
Morganti Ricardo
Bought by
Vander Kooi Michael and Vander Kooi Nanette Joy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,199
Outstanding Balance
$66,910
Interest Rate
6%
Mortgage Type
Unknown
Estimated Equity
$329,437
Purchase Details
Closed on
Sep 26, 2007
Sold by
Lage Dallas R
Bought by
Morganti Ricardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.66%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 30, 1994
Sold by
Hamilton La Vern L and Hamilton Karen A
Bought by
Lage Dallas R
Purchase Details
Closed on
Mar 6, 1979
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vander Kooi Michael | $128,999 | Title America | |
| Morganti Ricardo | $71,500 | Title America | |
| Lage Dallas R | $57,300 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vander Kooi Michael | $103,199 | |
| Previous Owner | Morganti Ricardo | $106,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Off Market | $394,500 | -- | -- |
| 06/23/2021 06/23/21 | Sold | $394,500 | -0.1% | $408 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | Price Changed | $394,900 | -1.0% | $409 / Sq Ft |
| 05/17/2021 05/17/21 | For Sale | $399,000 | 0.0% | $413 / Sq Ft |
| 05/10/2021 05/10/21 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $399,000 | 0.0% | $413 / Sq Ft |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $399,000 | -- | $413 / Sq Ft |
Source: IRES MLS
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 |
|---|---|---|---|---|
| 2025 | $2,624 | $21,330 | $7,500 | $13,830 |
| 2024 | $2,624 | $21,330 | $7,500 | $13,830 |
| 2023 | $2,517 | $29,160 | $6,770 | $22,390 |
| 2022 | $2,125 | $20,360 | $4,080 | $16,280 |
| 2021 | $2,193 | $21,410 | $4,290 | $17,120 |
| 2020 | $1,958 | $19,270 | $3,000 | $16,270 |
| 2019 | $1,987 | $19,270 | $3,000 | $16,270 |
| 2018 | $1,340 | $13,490 | $2,590 | $10,900 |
| 2017 | $1,370 | $13,490 | $2,590 | $10,900 |
| 2016 | $816 | $7,910 | $1,670 | $6,240 |
| 2015 | $791 | $7,910 | $1,670 | $6,240 |
| 2014 | $655 | $6,550 | $1,350 | $5,200 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Dankner
-
N
Buyer's Agent in 2021
Non-IRES Agent
CO_IRES
Map
Source: IRES MLS
MLS Number: 936539
APN: R5549886
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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