NOT LISTED FOR SALE

Estimated Value: $460,000 - $547,000

5 Beds
4 Baths
2,329 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $473,000 $203 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,737/month

72 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Otis Park
  • 1-Story Property
  • Carpet

About This Home

As of February 2024

If you are looking for an investment property, look no further - this duplex provides the opportunity for just that! This property makes for a great opportunity to live in one unit and offset the mortgage cost with the second unit. Both units offer a kitchen fully equipped with appliances (Refrigerator, Range, Dishwasher), an in-unit laundry area (with a washer and dryer included in the purchase price!), and have been maintained and updated over the years. The front unit hosts 3 bedrooms and 2 bathrooms (one 3/4 bathroom and one full bathroom). Back unit contains 2 bedrooms and 3 bathrooms and could be converted to a 3 bedroom with ensuite bathroom utilizing its already existing second bathroom. Both units are ranch style with minimal common wall connections for extra privacy. One unit has access to the detached garage. Located off of E Platte Avenue and Union Blvd East of Downtown, this duplex is centrally located! A must-see!

Last Agent to Sell the Property

Colin Smith

Solid Rock Realty Brokerage Email: ColinSmith@SolidRockRe.com,719-232-6709 License #100052152 Listed on: 10/21/2023

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,329 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Queen Palmer Elementary School
  • Galileo Middle School
  • Palmer High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Knob Hill Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, internet, trash collection, water
  • Assessor Parcel Number 64093-26-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,116

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1947
  • Above Grade Finished Sq Ft: 2329
  • Exclusions: None
  • Living Area: 2329
  • Property Condition: Updated/Remodeled
  • Directions: Beginning at the intersection of N Union Blvd and E Platte Ave: Drive west on E Platte Ave. Turn Right onto Farragut Ave. Turn Right onto E Boulder St. Turn Left onto Prairie Rd. The home will been the left.
  • SubdivisionName: Knob Hill
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.99579
  • Attribution Contact: ColinSmith@SolidRockRe.com,719-232-6709
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Linoleum, Vinyl
  • Basement: No
  • Total Bedrooms: 5

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Frame

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

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: Galileo

Lot Info

  • Parcel Number: 64093-26-004
  • Lot Size Acres: 0.17
  • Building Area Total: 2329
  • Lot Size Sq Ft: 7500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas, Internet, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1116

MLS Schools

  • Elementary School: Queen Palmer
  • High School: Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2023
Closed on
Feb 14, 2024
Sold by
Garrett Gary R and Garrett Bennie D
Bought by
Rios-Martinez Daniel A
Seller's Agent
Colin Smith
Solid Rock Realty
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$475,000
Sold Price
$473,000
Premium/Discount to List
-$2,000
-0.42%
Views
202
Current Estimated Value
$492,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,309
Avg. Annual Appreciation
2.16%
Original Mortgage
$464,432
Outstanding Balance
$457,591
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$30,495

Purchase Details

Closed on
Feb 2, 2018
Sold by
Garrett Gary R
Bought by
Garrett Gary R and Garrett Bennie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,650
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2018
Sold by
Ruby Nicholas R
Bought by
Garrett Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,650
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Lyons Paul J
Bought by
Ruby Nichole R and Garrett Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2012
Sold by
Fannie Mae
Bought by
Lyons Paul J

Purchase Details

Closed on
Sep 28, 2011
Sold by
Cancellieri Andrew J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2002
Sold by
Mcroy Connie
Bought by
Cancellieri Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 1998
Sold by
Shirley Coyt C
Bought by
Mcroy Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
10.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1985
Bought by
Ruby Nichole R
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
Rios-Martinez Daniel A $473,000 Land Title
Garrett Gary R -- Capital Title
Garrett Gary R -- Capital Title
Ruby Nichole R $214,500 Heritage Title
Lyons Paul J $32,000 Cat
Federal National Mortgage Association -- None Available
Cancellieri Andrew J $115,500 North American Title Co
Mcroy Connie $77,000 --
Ruby Nichole R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios-Martinez Daniel A $464,432
Previous Owner Garrett Gary R $136,750
Previous Owner Garrett Gary R $187,650
Previous Owner Ruby Nichole R $171,600
Previous Owner Lyons Paul J $25,000
Previous Owner Cancellieri Andrew J $100,500
Previous Owner Cancellieri Andrew J $92,400
Previous Owner Mcroy Connie $25,500
Previous Owner Mcroy Connie $69,050
Previous Owner Mcroy Connie $65,450
Closed Mcroy Connie $7,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $473,000 -0.4% $203 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
10/21/2023 10/21/23 For Sale $475,000 -- $204 / 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
2025 $1,504 $31,790 -- --
2024 $1,389 $31,480 $3,430 $28,050
2023 $1,389 $31,480 $3,430 $28,050
2022 $1,116 $19,950 $2,490 $17,460
2021 $1,238 $20,980 $2,620 $18,360
2020 $1,238 $18,240 $2,290 $15,950
2019 $1,231 $18,240 $2,290 $15,950
2018 $1,200 $16,350 $1,510 $14,840
2017 $1,136 $16,350 $1,510 $14,840
2016 $998 $17,220 $1,670 $15,550
2015 $994 $17,220 $1,670 $15,550
2014 $996 $16,560 $1,670 $14,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4069251

REcolorado®

APN: 64093-26-004