NOT LISTED FOR SALE

Estimated Value: $700,000 - $719,000

6 Beds
3 Baths
3,552 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 18, 2022

Last sale price $670,000 $189 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,218/month

5 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Cooling Available
  • Corner Lot
  • Brick Veneer
  • Patio

About This Home

As of October 2022

Updated investment property opportunity! This duplex has a new roof, fresh paint, new cabinets, and countertops in the kitchen, recently replaced windows, and sits on a third of an acre. One side has 4 beds, 2 baths, and a finished basement. The other side has 2 beds, 1 bath, and an unfinished basement. Each side has its own garage bay and private, fenced in yard. Great location close to shops and only 15 minutes to downtown Denver. Tenants are both on month-to-month leases. Showings require a previous day's notice. Property is available to be shown on Sundays from 1-4 pm. Each tenant pays an additional $100/mo in pet rent, which accounts for the additional $2,400 in income each year.

Last Agent to Sell the Property

Rob Kittle

Kittle Real Estate Listed on: 08/22/2022

Co-Listed By

Heide Fralic

Kittle Real Estate

Last Buyer's Agent

Irina Debirova

Own-Sweethome Realty LLC License #100070055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,552 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Panel Doors
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Patio

Schools

  • Mesa Elementary School
  • Shaw Heights Middle School
  • Westminster High School

Utilities

  • Cooling Available
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0048559

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgemor Manor Subdivision

Building Details

  • Gross Income $44,400
  • Net Operating Income $36,945

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,855

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Year Built: 1976
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.31
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: KTLRE
  • Subdivision Name: Ridgemor Manor
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3552
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Disposal
  • Has Basement: Full, Unfinished, 90%+ Finished Basement
  • Total Bedrooms: 6
  • Door Features: 6-Panel Doors
  • Interior Amenities: Separate Dining Room, Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Corner Lot, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel Energy
  • Heating: Radiant
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Westminster
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mesa
  • HighSchool: Westminster
  • Junior High Dist: Westminster Public Schools
  • Middle Or Junior School: Shaw Heights

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 13500
  • Parcel #: R0048559
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3855

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44400
  • Annual Operating Expense: 7455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 18, 2022
Sold by
Weber Kimberly J
Bought by
Kostetska Oksana and Campbell Thomas Burks
Seller's Agent
Rob Kittle
Kittle Real Estate
Buyer's Agent
Irina Debirova
Own-Sweethome Realty LLC
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Current Estimated Value
$707,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,640
Avg. Annual Appreciation
1.93%
Original Mortgage
$536,000
Outstanding Balance
$518,605
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$189,035

Purchase Details

Closed on
Dec 9, 2011
Sold by
Weber Ralph D
Bought by
Jweber Kimberly

Purchase Details

Closed on
Jan 15, 2008
Sold by
Decker Cheri L
Bought by
Us Bank Na

Purchase Details

Closed on
Oct 31, 2005
Sold by
Gimbel Lanette G
Bought by
Decker Cheri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,520
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 1997
Sold by
Limberg Vincent C and Limberg Dorcas A
Bought by
Gimbel Lanette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.92%
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
Kostetska Oksana $670,000 Heritage Title
Jweber Kimberly -- None Available
Us Bank Na -- None Available
Decker Cheri L $313,150 Security Title
Gimbel Lanette G $158,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostetska Oksana $536,000
Previous Owner Weber Kimberly J $321,500
Previous Owner Weber Kimberly J $218,500
Previous Owner Decker Cheri L $250,520
Previous Owner Decker Cheri L $46,972
Previous Owner Gimbel Lanette G $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $670,000 +3.1% $189 / Sq Ft
08/25/2022 08/25/22 For Sale $650,000 -- $183 / 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 $4,431 $44,870 $11,530 $33,340
2023 $4,394 $50,190 $12,550 $37,640
2022 $3,663 $36,080 $12,550 $23,530
2021 $3,855 $36,080 $12,550 $23,530
2020 $3,034 $29,500 $13,190 $16,310
2019 $3,028 $29,500 $13,190 $16,310
2018 $2,500 $24,210 $9,500 $14,710
2017 $2,131 $24,210 $9,500 $14,710
2016 $1,847 $19,740 $4,420 $15,320
2015 $1,845 $19,740 $4,420 $15,320
2014 -- $15,690 $4,420 $11,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 973909

IRES MLS

APN: 1719-19-4-18-014