NOT LISTED FOR SALE

Estimated Value: $610,000 - $1,843,000

3 Beds
2 Baths
7,888 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,250,000 $158 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,501/month

55 Days on Market

Highlights

  • 0.85 Acre Lot
  • Multiple Fireplaces
  • Patio
  • Deck
  • No HOA
  • Outdoor Storage

About This Home

As of May 2018

Don't miss this 8 Plex w/ Garages! Turnkey. Pride of ownership and management. 7 of the 8 units leased through 3/19. 4 Buildings: Each building includes: 1 Bed/1 Bath + 2 Bed/1 Bath + its own extended 2 car shared garage + Shared Coin-op Laundry + Covered Patio. Additional parking in lot. 6 of the units have been remodeled. Excellent ingress/egress on W. Jewell. Close to the Federal Center, Shopping, Bus. Quiet neighborhood! Parking Lot recently resurfaced.

Last Agent to Sell the Property

Tara Tooley

Tara Tooley Listed on: 03/07/2018

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,031

Year Built

  • Built in 1972

Lot Details

  • 0.85 Acre Lot
  • Sprinkler System

Home Design

  • Property Attached
  • Wood Frame Construction
  • Flat Tile Roof

Interior Spaces

  • 7,888 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Green Gabl Elementary School
  • Carmody Middle School
  • Bear Creek High School

Utilities

  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 014004

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Green Gables Subdivision

Building Details

  • Gross Income $109,526
  • Net Operating Income $109,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,031

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.85
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Green Gables
  • Directions: From Wadeworth West on Jewell Ave to property (on south side)
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 7888
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: None
  • Total Bedrooms: 3
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Flat
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, Bancroft Clover
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Green Gabl
  • HighSchool: Bear Creek
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Carmody

Lot Info

  • Zoning: R-ME
  • Lot Size Sq Ft: 36824
  • Parcel #: 014004
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6031

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 109525.5
  • Income Includes: ["Lease/Rents","Laundry"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2019
Sold by
Crestone Home Rentals Llc
Bought by
Crestone West Jewell Avenue Llc
Current Estimated Value
$1,386,338

Purchase Details

Closed on
Jan 19, 2019
Sold by
Rysdahl Wayne and Rysdahl Lynn
Bought by
Crestone Home Rentals Llc

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 31, 2018
Sold by
Jewell Apartments Llc
Bought by
Rysdahl Wayne and Rysdahl Lynn
Seller's Agent
Tara Tooley
Tara Tooley
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%
Original Mortgage
$812,500
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 31, 2013
Sold by
Hall Mary E
Bought by
Jewell Apartments Llc

Purchase Details

Closed on
Nov 20, 2001
Sold by
Hall John F and Hall Mary E
Bought by
City Of Lakewood
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crestone West Jewell Avenue Llc -- None Available
Crestone Home Rentals Llc -- None Available
Rysdahl Wayne $1,250,000 Capital Title
Jewell Apartments Llc -- None Available
City Of Lakewood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rysdahl Wayne $812,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $1,250,000 -- --
05/31/2018 05/31/18 Sold $1,250,000 -16.7% $158 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $1,500,000 -- $190 / Sq Ft
Source: IRES MLS

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 $10,931 $119,799 $28,999 $90,800
2023 $10,931 $119,799 $28,999 $90,800
2022 $8,262 $88,373 $23,747 $64,626
2021 $8,564 $92,922 $24,969 $67,953
2020 $6,934 $75,494 $14,094 $61,400
2019 $6,846 $75,494 $14,094 $61,400
2018 $6,849 $72,961 $9,733 $63,228
2017 $6,031 $72,961 $9,733 $63,228
2016 $5,330 $60,102 $11,100 $49,002
2015 $4,409 $60,102 $11,100 $49,002
2014 $4,409 $45,565 $12,093 $33,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 843432

IRES MLS

APN: 49-271-04-005