NOT LISTED FOR SALE

9011 Hoffman Way Thornton, CO 80229

South Thornton Neighborhood

Estimated Value: $412,349 - $480,000

7 Beds
2 Baths
2,777 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $577,000 $208 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,697/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Corner Lot
  • Brick Veneer
  • Outdoor Storage

About This Home

As of February 2019

Extremely RARE. Fully remodeled brick ranch duplex 2 separate units on single LARGE lot. 4 bedrm & a 3 bedrm. Renters feel like they have their very own home & rents reflect. Tons of windows, skylight & fresh upgrades! Getting $2195 for 4 bed & $1795 for 3 bed = $3900/month! Separate metering, washer/dryer both units & tenants pay ALL utilities so super low operating costs. With full remodel & low long term maintenance costs your cash flow & ownership calcs a synch! Come get your 7+ CAP rate NOW

Last Agent to Sell the Property

Jon Cole

Your Castle Real Estate LLC Listed on: 01/22/2019

Your Castle Real Estate LLC

Last Buyer's Agent

Andrew Morris

Your Castle Real Estate LLC

Your Castle Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,777 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Mcelwain Elementary School
  • Thornton Middle School
  • Thornton High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number R0052812

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Thornton Blk:18 Lot:7 Subdivision

Building Details

  • Gross Income $49,000
  • Net Operating Income $45,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,905

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: Priv Rd up to County Standards, City Street
  • Subdivision Name: THORNTON BLK:18 LOT:7
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2777
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Partial
  • Total Bedrooms: 7
  • Interior Amenities: Satellite Avail, High Speed Internet
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric, Separate Meter Electricity
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Separate Meter Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Mcelwain
  • HighSchool: Thornton
  • Junior High Dist: Adams CO. Dist 12
  • Middle Or Junior School: Thornton

Lot Info

  • Zoning: MLT FAM DW
  • Lot Size Sq Ft: 7841
  • Parcel #: R0052812
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 1905
  • Tax Annual Amount: 1905

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 49000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 3105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Holland Amy
Bought by
Co 4Walls Llc
Current Estimated Value
$448,740

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 28, 2019
Sold by
Colorado Investment Trust Llc
Bought by
Holland Amy
Seller's Agent
Jon Cole
Your Castle Real Estate LLC
Buyer's Agent
Andrew Morris
Your Castle Real Estate LLC
List Price
$575,000
Sold Price
$577,000
Premium/Discount to List
$2,000
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.60%
Original Mortgage
$432,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 2, 2018
Sold by
Gibbens Disa C
Bought by
Colorado Investments Trust Llc
Seller's Agent
Kristen Miller
A Perfect Location Realty
Buyer's Agent
Jack Adelfang
Level One Realty Group
List Price
$385,000
Sold Price
$351,000
Premium/Discount to List
-$34,000
-8.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.21%
Original Mortgage
$127,000
Interest Rate
4.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 2014
Sold by
Curtis Irma L
Bought by
Gibbens Disa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Co 4Walls Llc -- None Listed On Document
Holland Amy $577,000 Capital Title
Colorado Investments Trust Llc $351,000 First American Title Cco
Gibbens Disa C $150,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holland Amy $424,122
Previous Owner Holland Amy $432,750
Previous Owner Colorado Investment Trust Llc $127,000
Previous Owner Colorado Investments Trust Llc $315,000
Previous Owner Gibbens Disa C $147,283
Previous Owner Curtis Irma L $47,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Off Market $577,000 -- --
02/28/2019 02/28/19 Sold $577,000 +64.4% $208 / Sq Ft
01/28/2019 01/28/19 Off Market $351,000 -- --
01/22/2019 01/22/19 For Sale $575,000 +63.8% $207 / Sq Ft
03/02/2018 03/02/18 Sold $351,000 -8.8% $129 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $385,000 -- $141 / 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 $3,025 $28,690 $2,810 $25,880
2023 $2,994 $32,940 $6,080 $26,860
2022 $4,540 $41,210 $5,280 $35,930
2021 $4,691 $41,210 $5,280 $35,930
2020 $2,856 $25,600 $5,440 $20,160
2019 $2,862 $25,600 $5,440 $20,160
2018 $2,097 $20,990 $5,180 $15,810
2017 $1,905 $20,990 $5,180 $15,810
2016 $1,134 $15,860 $2,550 $13,310
2015 $1,192 $11,099 $1,780 $9,319
2014 -- $8,129 $1,260 $6,869
Source: Public Records

Agents Affiliated with this Home

  • Jon Cole

    Seller's Agent in 2019

    Jon Cole

    Your Castle Real Estate LLC

    (303) 775-8744

    97 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Morris

    Your Castle Real Estate LLC

    Section Image
  • Kristen Miller

    Seller's Agent in 2018

    Kristen Miller

    A Perfect Location Realty

    (303) 503-9823

    91 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Jack Adelfang

    Level One Realty Group

    Section Image
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Map

Source: IRES MLS

MLS Number: 870444

IRES MLS

APN: 1719-23-3-16-012

Colorado Adams County Thornton 80229 South Thornton

9011 Hoffman Way, Thornton, CO

This home is located at 9011 Hoffman Way, Thornton, CO 80229 since 22 January 2019 and is currently estimated at $437,587, approximately $157 per square foot. This property was built in 1954. 9011 Hoffman Way is a home located in Adams County with nearby schools including McElwain Elementary School, Thornton Middle School, and Thornton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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