NOT LISTED FOR SALE

Estimated Value: $495,367 - $562,000

3 Beds
2 Baths
2,249 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $392,300 $174 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,057/month

48 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Level Lot
  • Front Porch
  • High Speed Internet
  • Carpet

About This Home

As of August 2020

ATTENTION INVESTORS!!!! Great opportunity to own a DUPLEX in Barnum! Rent both units or live in one unit and rent the other. 56 S. Julian is a 1 bed/1 bath unit that is currently renting for $800/mo. The tenants are on a month-month lease. 58 S. Julian is a 3 bed/1.5 bath that is currently renting for $1585 and the lease expires the end of June. Opportunity to increase rents on both units. This is an extremely low maintenance property. There has been no vacancy for over 6-years. Currently occupied by great tenants. Tenants always pay on time and would like to renew their leases. Please see proforma in supplements with market rents. Showings by appointment only with 24 hour notice. Please do not come to the property if you are experiencing any COVID-19 symptoms. Information provided herein is from sources deemed reliable but not guaranteed and is provided without the intention that any buyer rely upon it. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyers.

Last Agent to Sell the Property

Amy Bergan

Real Broker, LLC DBA Real License #100073826 Listed on: 05/08/2020

Real Broker, LLC DBA Real

Last Buyer's Agent

Brittney Vernon

Your Castle Realty LLC License #100027780

Your Castle Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,931

Year Built

  • Built in 1942

Lot Details

  • 6,230 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shake Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,249 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Convection Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Outdoor Features

  • Front Porch

Schools

  • Barnum Elementary School
  • Grant Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Barnum Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Property held in a trust
  • Tenant pays for electricity, gas, internet, water
  • Assessor Parcel Number 5086-12-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,931

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: Two
  • Year Built: 1942
  • Above Grade Finished Sq Ft: 2249
  • Exclusions: Tenants personal property
  • Living Area: 2249
  • SubdivisionName: Barnum
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.92306
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Oven
  • Flooring: Carpet, Laminate, Linoleum
  • Basement: No

Exterior Features

  • Roof: Composition, Simulated Shake
  • Construction Materials: Frame, Stucco
  • Patio and Porch Features: Front Porch

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5086-12-008
  • Lot Size Acres: 0.14
  • Building Area Total: 2249
  • Lot Features: Level
  • Lot Size Sq Ft: 6230

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Gas, Internet, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1931

MLS Schools

  • Elementary School: Barnum
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
Love Nathan
Bought by
56 Julian Llc
Total Days on Market
48
Current Estimated Value
$536,592

Purchase Details

Listed on
May 8, 2020
Closed on
Aug 14, 2020
Sold by
Marion Llc
Bought by
Love Nathan and Comstock Love Erin
Seller's Agent
Amy Bergan
Real Broker, LLC DBA Real
Buyer's Agent
Brittney Vernon
Your Castle Realty LLC
List Price
$425,000
Sold Price
$392,300
Premium/Discount to List
-$32,700
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$294,225
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2015
Sold by
56 & 58 S Julian St Llc
Bought by
Marion Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2006
Sold by
Hack Robin J
Bought by
56 & 58 S Julian St Llc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Federal National Mortgage Association
Bought by
Hack Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,200
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2005
Sold by
Gonzalez Maria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 6, 2002
Sold by
Quinones Jorge and Quinones Martha N
Bought by
Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.41%
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
56 Julian Llc -- None Listed On Document
Love Nathan $392,300 Land Title Guarantee Co
Marion Llc $252,543 Land Title Guarantee
56 & 58 S Julian St Llc -- None Available
Hack Robin J $192,750 --
Federal National Mortgage Association -- --
Gonzalez Maria $198,900 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Love Nathan $294,225
Previous Owner Marion Llc $202,000
Previous Owner Hack Robin J $154,200
Previous Owner Gonzalez Maria $300
Previous Owner Gonzalez Maria $400
Previous Owner Gonzalez Maria $500
Previous Owner Gonzalez Maria $179,000
Previous Owner Gonzalez Maria $23,200
Previous Owner Quinones Jorge $118,451
Closed Hack Robin J $28,912
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $392,300 0.0% $174 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/09/2020 06/09/20 Off Market $392,300 -- --
05/26/2020 05/26/20 Price Changed $407,000 -4.2% $181 / Sq Ft
05/08/2020 05/08/20 For Sale $425,000 -- $189 / 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 $2,506 $31,640 $6,740 $24,900
2023 $2,452 $31,640 $6,740 $24,900
2022 $2,499 $31,430 $6,920 $24,510
2021 $2,412 $32,330 $7,120 $25,210
2020 $1,986 $26,770 $5,780 $20,990
2019 $1,931 $26,770 $5,780 $20,990
2018 $1,536 $19,850 $5,380 $14,470
2017 $1,531 $19,850 $5,380 $14,470
2016 $1,083 $13,280 $4,458 $8,822
2015 $1,038 $13,280 $4,458 $8,822
2014 $710 $8,550 $2,977 $5,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4102695

REcolorado®

APN: 5086-12-008