NOT LISTED FOR SALE

Estimated Value: $694,000 - $803,000

6 Beds
2 Baths
2,304 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $725,000 $315 Per Sq Ft

Current estimated payment $4,073/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Front Porch
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of August 2024

Investors and owner-occupants, take notice! This charming Wheat Ridge duplex offers a fantastic opportunity. Unit 7210 boasts a remodeled kitchen, bathroom, new flooring, and fresh paint (all within the last few years). Previously rented for $2,200, this gem has the potential to command rents of $2,500+ per month and features a private driveway for added convenience. The second unit (7200) has a long-term tenant at $1,200 per month, presenting a chance to increase income with renovations. Unit 7200 offers a private patio and a 2-car garage, while both units have fenced-in yards unit 7210 has dedicated garden boxes for the green thumb. Peace of mind comes with recent major improvements: vinyl windows (2017), new furnaces (2017), fresh exterior paint, new garage doors, and a new roof (2017). The desirable location near 38th Avenue's shops and restaurants ensures consistent tenant demand. This income property with an updated unit and prime location is a rare find – act fast!

Last Agent to Sell the Property

Ryan Huth

Keller Williams Advantage Realty LLC Brokerage Email: ryanhuth@kw.com,970-406-2124 License #100053053 Listed on: 07/12/2024

Keller Williams Advantage Realty LLC

Co-Listed By

The Phoenix

Keller Williams Advantage Realty LLC Brokerage Email: ryanhuth@kw.com,970-406-2124

Last Buyer's Agent

Lindsey Simon

Compass - Denver License #100092393

Compass - Denver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,778

Year Built

  • Built in 1957

Lot Details

  • 10,665 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property
  • Sump Pump
  • Range

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Rain Gutters
  • Front Porch

Location

  • Ground Level

Schools

  • Stevens Elementary School
  • Everitt Middle School
  • Wheat Ridge High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Tenant pays for cable TV, electricity, gas, internet, trash collection
  • The owner pays for exterior maintenance, grounds care, insurance, taxes, water
  • Assessor Parcel Number 024048

Community Details

Overview

  • No Home Owners Association
  • Connellee Subdivision

Building Details

  • Operating Expense $9,946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,778

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 2304
  • Entry Location: Ground
  • Exclusions: Personal Property
  • Living Area: 2304
  • Directions: Head east on W 34th Pl towards Teller St. Turn right onto Teller St and right on 34th Ave. The property is on the left.
  • SubdivisionName: Connellee
  • Co List Office Mls Id: RECKWR11
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_ExpectedActiveDate: 2024-07-12
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.05839
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Sump Pump, Washer
  • Interior Amenities: No Stairs
  • Flooring: Linoleum, Tile, Wood
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 6
  • Entry Level: 1

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Garden, Rain Gutters
  • Patio and Porch Features: Front Porch, Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 6

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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

Fee Information

  • Operating Expense: 9946

Schools

  • Middle Or Junior School: Everitt

Lot Info

  • Parcel Number: 024048
  • Lot Size Acres: 0.24
  • Fencing: Full
  • Building Area Total: 2304
  • Lot Features: Corner Lot, Level
  • Lot Size Sq Ft: 10665
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Taxes, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3778

MLS Schools

  • Elementary School: Stevens
  • High School: Wheat Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Aug 6, 2024
Sold by
Eugene Kiefel Trust and Mccormick Leona K
Bought by
Eagon Nicholas John
Seller's Agent
Ryan Huth
Keller Williams Advantage Realty LLC
Buyer's Agent
Lindsey Simon
Compass - Denver
List Price
$685,000
Sold Price
$725,000
Premium/Discount to List
$40,000
5.84%
Views
63
Current Estimated Value
$723,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,978
Avg. Annual Appreciation
1.18%
Original Mortgage
$688,750
Outstanding Balance
$680,941
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$56,703

Purchase Details

Closed on
Mar 2, 2020
Sold by
Kiefel Family Trust
Bought by
Eugene Kiefel Trust

Purchase Details

Closed on
Apr 19, 1999
Sold by
Kiefel Eugene
Bought by
Kiefel Family Trust
Source: Public Records
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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
Eagon Nicholas John $725,000 First American Title
Eugene Kiefel Trust -- None Available
Kiefel Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eagon Nicholas John $688,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $725,000 +5.8% $315 / Sq Ft
07/12/2024 07/12/24 For Sale $685,000 -- $297 / Sq Ft
Source: REcolorado®

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 $3,778 $43,212 $16,403 $26,809
2023 $3,778 $43,212 $16,403 $26,809
2022 $2,817 $31,637 $16,030 $15,607
2021 $2,919 $33,265 $16,855 $16,410
2020 $2,500 $28,637 $14,183 $14,454
2019 $2,466 $28,637 $14,183 $14,454
2018 $2,519 $28,272 $10,158 $18,114
2017 $2,275 $28,272 $10,158 $18,114
2016 $2,042 $23,744 $6,280 $17,464
2015 $1,715 $23,744 $6,280 $17,464
2014 $1,715 $18,714 $5,731 $12,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1731583

REcolorado®

APN: 39-261-14-012