V
Seller's Agent in 2025
Virginia Sellars
Keyrenter Property Management Denver
(720) 546-9343
1 in this area
20 Total Sales
5475 Primrose Ln Denver, CO 80221
Berkley Neighborhood
5
Beds
3
Baths
1,996
Sq Ft
0.36
Acres
Highlights
- No Units Above
- Private Yard
- Front Porch
- Property is near public transit
- No HOA
- 4-minute walk to Berkeley Hills Park
About This Home
As of May 2025QUALIFIES FOR DSCR AND AIRBNB LOAN! Welcome to this CASH FLOW up-down duplex! This property features 2 units, ensuring a steady cash flow from day one. Whether you're an investor or looking to start a new venture, the possibilities are endless. Recent upgrades in the above unit have enhanced the property's value, and there's still room for further improvement, allowing you to maximize your return on investment. With convenient access to DIA, Regis College, public transportation, it's perfectly positioned for tenants and future growth. The upstairs unit boasts modern elegance with this fully remodeled 3 bedroom, 2 bathroom that perfectly blends style and functionality. The open-concept living space boasts new flooring, fresh paint, and abundant natural light. A sleek, upgraded kitchen features quartz countertops, stainless steel appliances, custom cabinetry, making it a chef’s dream. The convenient washer/dryer, direct access to the 2 car garage, is an ideal setup for a buyer looking to live comfortably while generating income by renting out the basement unit. The basement unit offers immediate income potential with reliable tenants already in place until May 2025. Providing an excellent opportunity for a long-term rental income. The basement unit remains in its original condition, as its consistent occupancy has made access challenging. Out of respect for the tenants and their comfort, updates have been deferred, providing an excellent opportunity for the next owner to add their personal touch when the timing is right. The backyard is a blank canvas brimming with potential. BONUS-This spacious lot provides potential for expansion/development, making it ideal for future projects. With current zoning, there’s even the possibility of splitting the lot to maximize its potential! Don’t miss out on this rare opportunity to own a property with built-in revenue streams and long-term growth potential! PLEASE DO NOT GO IN THE BACKYARD OR DISTURB THE BASEMENT TENANTS
Last Agent to Sell the Property
Keyrenter Property Management Denver Brokerage Email: virginia@keyrenterdenver.com,720-468-8276 License #100037570 Listed on: 02/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,828
Year Built
- Built in 1952
Lot Details
- 0.36 Acre Lot
- No Units Above
- South Facing Home
- Partially Fenced Property
- Many Trees
- Private Yard
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Finished Basement
Kitchen
- Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Front Porch
Schools
- Hodgkins Elementary School
- Josephine Hodgkins Leadership Academy Middle School
- Westminster High School
Additional Features
- Property is near public transit
- Forced Air Heating and Cooling System
Listing and Financial Details
- Exclusions: Tenants personal property, staging items.
- Tenant pays for electricity, gas, internet, trash collection, water
- The owner pays for insurance, taxes
- Assessor Parcel Number R0104687
Community Details
Overview
- No Home Owners Association
- Chaffee Park Subdivision
Pet Policy
- Dogs and Cats Allowed
Building Details
- Operating Expense $12,219
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
May 1, 2025
Sold by
Randall Zachary W and Randall Rachel D
Bought by
Bajusz Andras Sandor
Seller's Agent
Virginia Sellars
Keyrenter Property Management Denver
Buyer's Agent
Lindsey Niles
NAV Real Estate
List Price
$659,000
Sold Price
$620,200
Premium/Discount to List
-$38,800
-5.89%
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,296
Avg. Annual Appreciation
-1.43%
Original Mortgage
$627,405
Outstanding Balance
$625,750
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
-$9,025
Purchase Details
Closed on
Jun 23, 2017
Sold by
Betters Norma
Bought by
Randell Zachary W and Randell Rachel D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,600
Interest Rate
4.05%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $620,200 | First Integrity Title | |
| Warranty Deed | $329,500 | Land Title Guarantee Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $627,405 | VA | |
| Previous Owner | $258,000 | New Conventional | |
| Previous Owner | $263,600 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Sold | $620,200 | -2.3% | $311 / Sq Ft |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Price Changed | $635,000 | -3.6% | $318 / Sq Ft |
| 02/28/2025 02/28/25 | For Sale | $659,000 | 0.0% | $330 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 02/14/2025 02/14/25 | For Sale | $659,000 | -- | $330 / Sq Ft |
Source: REcolorado®
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 |
|---|---|---|---|---|
| 2024 | $3,936 | $31,880 | $7,190 | $24,690 |
| 2023 | $3,828 | $37,070 | $7,780 | $29,290 |
| 2022 | $3,729 | $30,530 | $7,990 | $22,540 |
| 2021 | $3,823 | $30,530 | $7,990 | $22,540 |
| 2020 | $3,175 | $25,810 | $8,080 | $17,730 |
| 2019 | $3,167 | $25,810 | $8,080 | $17,730 |
| 2018 | $2,616 | $21,220 | $4,900 | $16,320 |
| 2017 | $2,291 | $21,220 | $4,900 | $16,320 |
| 2016 | $1,458 | $12,810 | $3,020 | $9,790 |
| 2015 | $1,457 | $12,810 | $3,020 | $9,790 |
| 2014 | -- | $12,450 | $2,790 | $9,660 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Sellars
-
Lindsey Niles
Buyer's Agent in 2025
Lindsey Niles
NAV Real Estate
(720) 362-0700
1 in this area
34 Total Sales
Map
Source: REcolorado®
MLS Number: 6549159
APN: 1825-17-1-04-025
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