NOT LISTED FOR SALE

Estimated Value: $453,000 - $534,000

4 Beds
4 Baths
1,680 Sq Ft
$288/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $462,500 $275 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,719/month

9 Days on Market

Highlights

  • City View
  • No HOA
  • No Interior Steps
  • Open Floorplan
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of November 2021

Wonderful opportunity to own a Duplex in here in Commerce City - this is perfect for an investor or somebody looking for a turnkey rental property. Each unit includes 2 bedrooms & 2 bathrooms, also including plenty of parking for both sides. This owner has done plenty of updates to both of these units. The value is here, each side is currently rented month to month with little to no vacancy.

Last Agent to Sell the Property

Blake Humphrey

C3 Real Estate Solutions, LLC Listed on: 09/29/2021

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 1973

Lot Details

  • 8,580 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • City Views
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

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

Accessible Home Design

  • No Interior Steps

Schools

  • Kemp Elementary School
  • Kearney Middle School
  • Adams City High School

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, trash collection
  • Assessor Parcel Number R0089059

Community Details

Overview

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

Building Details

  • Gross Income $32,400
  • Net Operating Income $28,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,214

Year Built

Built in 1973

Lot Details

8,580 Sq Ft Lot

Listing Details

  • Year Built: 1973
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.2
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Commerce City
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1680
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, All Appliances
  • Accessibility Features: Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: Crawl Space
  • Total Bedrooms: 4
  • Interior Amenities: Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood, Chain Link
  • Lot Features: Level
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, South Adams Water
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Kemp
  • HighSchool: Adams City
  • Junior High Dist: Adams CO. Dist 14
  • Middle Or Junior School: Kearney

Lot Info

  • Zoning: Duplex/Tri
  • Lot Size Sq Ft: 8580
  • Parcel #: R0089059
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2214

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32400
  • Income Includes: ["Lease/Rents"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 9, 2021
Sold by
Full House Remodeling Llc
Bought by
Dugarte Laura
Seller's Agent
Blake Humphrey
C3 Real Estate Solutions, LLC
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$498,000
Sold Price
$462,500
Premium/Discount to List
-$35,500
-7.13%
Current Estimated Value
$483,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,482
Avg. Annual Appreciation
1.07%
Original Mortgage
$346,875
Outstanding Balance
$315,262
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$168,720

Purchase Details

Closed on
Dec 18, 2017
Sold by
Madera Alfredo and Madera Luz
Bought by
Full House Remodling Llc

Purchase Details

Closed on
Sep 24, 2008
Sold by
Homestead Mountain Properties Inc
Bought by
Sand Creek Estates Homeowner Assn

Purchase Details

Closed on
Mar 22, 2005
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Kaiser Paul H and Brocko John Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2005
Sold by
Chase Manhattan Mortgage Corp
Bought by
Wells Fargo Bank Minnesota Na

Purchase Details

Closed on
Jun 3, 2003
Sold by
Sena Maria T
Bought by
Morales Dagoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2003
Sold by
Bissmeyer Properties Lp
Bought by
Sena Maria T

Purchase Details

Closed on
Mar 14, 2003
Sold by
Sena Maria T
Bought by
Bissmeyer Properties Lp

Purchase Details

Closed on
Oct 27, 2000
Sold by
Esequiel Chavez and Esequiel E
Bought by
Sena Maria T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,706
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1998
Sold by
Younger Keith B and Younger Thomas E
Bought by
Chavez Esequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dugarte Laura $462,500 Heritage Title Company
Full House Remodling Llc -- None Available
Sand Creek Estates Homeowner Assn -- None Available
Kaiser Paul H $150,500 Fahtco
Wells Fargo Bank Minnesota Na -- --
Morales Dagoberto $215,000 Title America
Sena Maria T -- Title America
Bissmeyer Properties Lp -- --
Sena Maria T $150,000 --
Chavez Esequiel $117,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugarte Laura $346,875
Previous Owner Kaiser Paul H $110,400
Previous Owner Morales Dagoberto $172,000
Previous Owner Sena Maria T $145,706
Previous Owner Chavez Esequiel $86,000
Closed Morales Dagoberto $43,000
Closed Kaiser Paul H $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2022 02/08/22 Off Market $462,500 -- --
11/09/2021 11/09/21 Sold $462,500 -7.1% $275 / Sq Ft
09/29/2021 09/29/21 For Sale $498,000 -- $296 / Sq Ft
Source: IRES MLS

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 $2,809 $32,640 $8,670 $23,970
2024 $2,809 $30,000 $7,970 $22,030
2023 $2,472 $34,640 $8,630 $26,010
2022 $2,183 $24,290 $8,470 $15,820
2021 $2,263 $24,290 $8,470 $15,820
2020 $2,214 $24,570 $7,510 $17,060
2019 $2,209 $24,570 $7,510 $17,060
2018 $1,504 $16,290 $6,700 $9,590
2017 $1,428 $16,290 $6,700 $9,590
2016 $1,199 $13,230 $4,180 $9,050
2015 $1,223 $13,230 $4,180 $9,050
2014 $1,102 $11,880 $4,180 $7,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE952106

IRES MLS

APN: 1823-05-3-24-007

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