NOT LISTED FOR SALE

Estimated Value: $443,835 - $468,000

4 Beds
2 Baths
1,788 Sq Ft
$255/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $407,500 $228 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,658/month

3 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Tile Flooring
  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of March 2021

***Investor/House Hack Special*** 2 separate units to either rent out or live in one and rent the other to pay the mortgage! This Bi-Level home has separate entrances each with full kitchens and 2 beds/1bath. The units are completely contained and have all appliances including stovetop/oven, fridge, dishwasher, washer/dryer in each unit. The home has a one-car garage large covered deck in the back and a huge fully fenced in lot. The sewer line was completely replaced in 2020 at a cost of $12,000! There is one furnace and one water heater for the home. This is where it gets good! The income on the top unit was $1550/month and the lower unit $1350/month. With owner costs including utilities, property tax, and insurance the net revenue is $26,000/year with a CAP rate of 7.5%!! There is plenty of opportunities to add value to this property and raise the rents. The units are both empty and ready to add value or get renters in immediately and start cash flowing! This opportunity should not be missed! FYI the interior pics are only of the garden level unit.

Last Agent to Sell the Property

Euan Graham

Milehimodern License #100033080 Listed on: 02/12/2021

Milehimodern

Last Buyer's Agent

Shawn Salvato

Madison & Company Properties License #100027237

Madison & Company Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home
  • Property is Fully Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,788 Sq Ft Home
  • Family Room with Fireplace
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

  • Laredo Elementary School
  • East Middle School
  • Hinkley High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 110 Volts
  • Natural Gas Connected
  • Phone Available

Community Details

  • No Home Owners Association
  • Apache Mesa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1975-05-4-15-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Split Entry (Bi-Level)
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1788
  • Exclusions: Personal property.
  • Living Area: 1788
  • Directions: Take I-225 north, then go east on 6th Ave. Drive about 1.5 miles and take a left on Norfolk Way. The home will be on your right, just past 7th Ave.
  • SubdivisionName: Apache Mesa
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.16429
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Family Room
  • Full Bathrooms: 1
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Rain Gutters
  • Patio and Porch Features: Covered, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Electric: 110V
  • 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: East

Lot Info

  • Parcel Number: 1975-05-4-15-044
  • Lot Size Acres: 0.2
  • Fencing: Full
  • Building Area Total: 1788
  • Lot Size Sq Ft: 8712
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2167

MLS Schools

  • Elementary School: Laredo
  • High School: Hinkley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 12, 2021
Sold by
Shattuck Johanna and Inskeep Lori Anne
Bought by
Sanders James and St John Amy
Seller's Agent
Euan Graham
Milehimodern
Buyer's Agent
Shawn Salvato
Madison & Company Properties
List Price
$350,000
Sold Price
$407,500
Premium/Discount to List
$57,500
16.43%
Total Days on Market
3
Current Estimated Value
$455,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,709
Avg. Annual Appreciation
2.54%
Original Mortgage
$292,500
Outstanding Balance
$265,168
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$187,798

Purchase Details

Closed on
Sep 25, 2017
Sold by
Shattuck Johanna
Bought by
Shattuck Johanna and Inskeep Lori Anne

Purchase Details

Closed on
Apr 26, 2012
Sold by
Shattuck Rosa
Bought by
Shattuck Johanna

Purchase Details

Closed on
Oct 7, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Shattuck Rosa

Purchase Details

Closed on
Jun 8, 2011
Sold by
Cervantes Jose Luis and Cervantes Ernesto
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 27, 2004
Sold by
Miranda Rene
Bought by
Cervantes Jose Luis and Cervantes Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,385
Interest Rate
5.53%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2001
Sold by
Bernuy Arturo Martin
Bought by
Miranda Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,670
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2001
Sold by
Bernuy Martin and Bernuy Arturo Martin
Bought by
Bernuy Arturo Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
7.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 19, 2000
Sold by
Dailey Darian P
Bought by
Bernuy Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.5%

Purchase Details

Closed on
Jul 17, 1996
Sold by
Omara Richard P
Bought by
Dailey Darian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,933
Interest Rate
8.41%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 1994
Sold by
Bender Kurby K
Bought by
Omara Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,070
Interest Rate
8.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 1979
Sold by
Conversion Arapco
Bought by
Conversion Arapco

Purchase Details

Closed on
Jul 4, 1776
Bought by
Conversion Arapco
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
Sanders James $407,500 Land Title Guarantee Co
Shattuck Johanna -- None Available
Shattuck Johanna -- None Available
Shattuck Rosa $85,000 Ats
The Secretary Of Housing & Urban Develop $159,440 None Available
Cervantes Jose Luis $165,000 Security Title
Miranda Rene $189,600 --
Bernuy Arturo Martin -- Chicago Title
Bernuy Martin $125,000 Land Title Guarantee Company
Dailey Darian P $97,550 --
Omara Richard P $78,500 Security Title Guaranty Co
Conversion Arapco -- --
Conversion Arapco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders James $292,500
Previous Owner Shattuck Johanna $59,000
Previous Owner Shattuck Johanna $191,250
Previous Owner Shattuck Johann $52,000
Previous Owner Shattuck Johanna $32,000
Previous Owner Cervantes Jose Luis $10,000
Previous Owner Cervantes Jose Luis $5,000
Previous Owner Cervantes Jose Luis $161,385
Previous Owner Miranda Rene $186,670
Previous Owner Bernuy Arturo Martin $41,000
Previous Owner Bernuy Martin $138,000
Previous Owner Bernuy Martin $112,500
Previous Owner Dailey Darian P $96,933
Previous Owner Omara Richard P $80,070
Closed Cervantes Jose Luis $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $407,500 +16.4% $228 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $350,000 -- $196 / 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 $2,916 $31,376 -- --
2023 $2,916 $31,376 $0 $0
2022 $2,365 $23,554 $0 $0
2021 $2,441 $23,554 $0 $0
2020 $2,178 $20,921 $0 $0
2019 $2,167 $20,921 $0 $0
2018 $1,570 $14,846 $0 $0
2017 $1,366 $14,846 $0 $0
2016 $1,120 $11,924 $0 $0
2015 $1,081 $11,924 $0 $0
2014 $645 $6,846 $0 $0
2013 -- $9,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6841298

REcolorado®

APN: 1975-05-4-15-044