NOT LISTED FOR SALE

Estimated Value: $470,000 - $536,000

5 Beds
3 Baths
2,210 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $545,000 $247 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,812/month

5 Days on Market

Highlights

  • Open Floorplan
  • Quartz Countertops
  • No HOA
  • Wood Flooring
  • Private Yard
  • 1 Car Attached Garage

About This Home

As of September 2024

House Hacking Opportunity!! Welcome to 8550 Richard Road, a charming and versatile home located in the heart of Denver, CO 80229. This beautifully updated residence features 5 bedrooms and 3 bathrooms, offering ample space for comfortable living. The property also includes a fully equipped mother-in-law studio, perfect for guests, extended family, or even rental income.

This home combines classic appeal with modern updates. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for gatherings and everyday living. The kitchen boasts updated appliances, plenty of counter space, and cabinetry that makes cooking a delight.

Each of the five bedrooms are updated, and ample storage, providing a restful retreat for everyone in the household. The mother-in-law studio is a standout feature, offering a private living space complete with a kitchenette and bathroom, ideal for multi-generational living or as a potential rental income possibility.

Situated on a sizable lot, the outdoor space is perfect for gardening, entertaining, or simply enjoying Colorado's beautiful weather. The oversized attached garage and carport offer additional off-street parking add to the home's functionality.

Located in a quiet and friendly neighborhood, this property is just minutes away from local schools, shopping, dining, and parks, with easy access to major highways for a smooth commute.

Don’t miss this House Hacking Opportunity and to make this versatile and welcoming home yours! Contact us today for more details and to schedule a private showing.

Last Agent to Sell the Property

Allen Dale Trumm

Keller Williams Avenues Realty Brokerage Email: dale@thetrummhometeam.com,720-318-1995 License #100032308 Listed on: 08/23/2024

Keller Williams Avenues Realty

Last Buyer's Agent

Michael McClearn McClearn

Good Neighbor LLC License #100094081

Good Neighbor LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,922

Year Built

  • Built in 1959

Lot Details

  • 8,400 Sq Ft Lot
  • Private Yard
  • Property is zoned R-1-C

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Finished Basement
  • 2 Bedrooms in Basement
  • Carbon Monoxide Detectors

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • In-Law or Guest Suite

Schools

  • Monterey K-8 Elementary And Middle School
  • Mapleton Expedition High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Northfield Subdivision

Listing and Financial Details

  • Exclusions: STAGING ITEMS AND OWNERS' PERSONAL PROPERTY
  • Property held in a trust
  • Assessor Parcel Number R0055810

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,922

Year Built

Built in 1959

Lot Details

8,400 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1160
  • Exclusions: STAGING ITEMS AND OWNERS' PERSONAL PROPERTY
  • Living Area: 2210
  • SubdivisionName: Northfield
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 2
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.02850
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s), In-Law Floor Plan, Open Floorplan, Quartz Counters
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Basement: Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1050
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Garage Spaces: 1
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
  • Water Source: Public
  • Security: Carbon Monoxide 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

Schools

  • Middle Or Junior School: Monterey K-8

Lot Info

  • Parcel Number: R0055810
  • Lot Size Acres: 0.19
  • Building Area Total: 2210
  • Lot Size Sq Ft: 8400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1922

MLS Schools

  • Elementary School: Monterey K-8
  • High School: Mapleton Expedition

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Sep 23, 2024
Sold by
Netzer Group Llc
Bought by
Sundaram Justin
Seller's Agent
Allen Dale Trumm
Keller Williams Avenues Realty
Buyer's Agent
Michael McClearn McClearn
Good Neighbor LLC
List Price
$529,900
Sold Price
$545,000
Premium/Discount to List
$15,100
2.85%
Views
38
Current Estimated Value
$504,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,929
Avg. Annual Appreciation
-5.10%
Original Mortgage
$545,000
Outstanding Balance
$536,773
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$32,702

Purchase Details

Closed on
May 21, 2024
Sold by
Aoml Llc
Bought by
Netzer Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
10%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2024
Sold by
John H Cirbo And Wilma V Cirbo Revocable and Smith Linda Lou
Bought by
Aoml Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
10%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 1996
Sold by
Cirbo John H and Cirbo Wilma V
Bought by
Cirbo John H and Cirbo Wilma V
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
Sundaram Justin $545,000 First American Title
Netzer Group Llc $362,500 First American Title
Aoml Llc $348,000 First American Title
Cirbo John H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundaram Justin $545,000
Previous Owner Netzer Group Llc $370,000
Previous Owner Aoml Llc $100,000
Previous Owner Aoml Llc $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $545,000 +2.8% $247 / Sq Ft
08/23/2024 08/23/24 For Sale $529,900 -- $240 / 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
2025 $1,934 $32,640 $5,780 $26,860
2024 $1,934 $30,000 $5,310 $24,690
2023 $1,922 $29,500 $5,280 $24,220
2022 $1,803 $23,680 $5,420 $18,260
2021 $1,699 $23,680 $5,420 $18,260
2020 $1,607 $23,170 $5,580 $17,590
2019 $1,614 $23,170 $5,580 $17,590
2018 $1,155 $18,020 $5,040 $12,980
2017 $1,134 $18,020 $5,040 $12,980
2016 $763 $14,240 $2,710 $11,530
2015 $673 $7,110 $1,350 $5,760
2014 $569 $5,850 $1,000 $4,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9598659

REcolorado®

APN: 1719-26-1-16-002

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