NOT LISTED FOR SALE

603 S Roosevelt Ave Unit A & B Lafayette, CO 80026

Estimated Value: $641,000 - $818,000

4 Beds
2 Baths
1,755 Sq Ft
$419/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $775,000 $442 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,159/month

21 Days on Market

Highlights

  • City View
  • No HOA
  • Eat-In Kitchen
  • Lafayette Elementary School Rated A
  • Balcony
  • Double Pane Windows

About This Home

As of August 2022

Full brick duplex in OLD TOWN Lafayette, loc on a lg lot, only 1 blk from downtown and all it has to offer! Each unit is approx 877 sq ft, w/2 BRs, 1 BA and laundry. Off street parking in front and parking in rear of prop, off alley. Large shed w/closet stg for each unit & owners private closet stg for maintenance equip. Newer roof & sprinkler system front & back. Unit A has updated carpet & BA. Each tenant pays rent, electric & gas. Owner pays water, trash & landscape maintenance. 24 hour notice to show!

Last Agent to Sell the Property

Chris Ermold

RE/MAX Alliance-Lsvl Listed on: 06/07/2022

RE/MAX Alliance-Lsvl

Last Buyer's Agent

Catherine Chipman

Boulder Financial Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,145

Year Built

  • Built in 1985

Lot Details

  • 10,599 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Wood Fence
  • Level Lot
  • Sprinkler System

Home Design

  • Duplex
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,755 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • City Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

  • Lafayette Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0020133

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Industrial City 2 Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $39,000
  • Net Operating Income $33,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,145

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Industrial City 2
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1755
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Level
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: East
  • Exterior Features: Lighting, Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lafayette
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: RE2
  • Lot Size Sq Ft: 10599
  • Parcel #: R0020133
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3145

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000
  • Annual Operating Expense: 5125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 2, 2022
Sold by
Was Inc
Bought by
Autobee Gina and Hook Gail Elizabeth
Seller's Agent
Chris Ermold
RE/MAX Alliance-Lsvl
Buyer's Agent
Catherine Chipman
Boulder Financial Realty Inc
List Price
$885,000
Sold Price
$775,000
Premium/Discount to List
-$110,000
-12.43%
Current Estimated Value
$734,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,496
Avg. Annual Appreciation
-1.67%
Original Mortgage
$425,000
Outstanding Balance
$405,898
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$328,606

Purchase Details

Closed on
Oct 9, 2012
Sold by
Williams Scott D
Bought by
W A S Inc

Purchase Details

Closed on
Mar 31, 1997
Sold by
Williams Bobby J
Bought by
Williams Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 8, 1995
Sold by
Williams Bobby J and Williams Josephine M
Bought by
Williams Bobby J

Purchase Details

Closed on
Oct 28, 1981
Bought by
W A S Inc
Source: Public Records

Range of Values:

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Average Value
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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
Autobee Gina $775,000 New Title Company Name
Williams Scott D $775,000 None Listed On Document
W A S Inc -- None Available
Williams Scott D $123,000 --
Williams Bobby J -- --
W A S Inc $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Autobee Gina $425,000
Previous Owner Williams Scott D $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2022 08/03/22 Sold $775,000 -3.1% $442 / Sq Ft
06/16/2022 06/16/22 Price Changed $799,900 -9.6% $456 / Sq Ft
06/07/2022 06/07/22 For Sale $885,000 -- $504 / Sq Ft
Source: IRES MLS

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
2025 $3,315 $42,269 $14,375 $27,894
2024 $3,315 $42,269 $14,375 $27,894
2023 $3,258 $37,413 $18,418 $22,680
2022 $3,179 $33,847 $12,962 $20,885
2021 $3,145 $34,821 $13,335 $21,486
2020 $2,730 $29,866 $11,512 $18,354
2019 $2,692 $29,866 $11,512 $18,354
2018 $2,425 $26,568 $9,864 $16,704
2017 $2,362 $29,372 $10,905 $18,467
2016 $2,233 $24,326 $8,995 $15,331
2015 $2,093 $21,117 $8,278 $12,839
2014 $1,826 $21,117 $8,278 $12,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 967712

IRES MLS

APN: 1575034-17-004