NOT LISTED FOR SALE

Estimated Value: $993,237 - $1,123,000

5 Beds
4 Baths
3,710 Sq Ft
$285/Sq Ft Est. Value

Sale Details

Date Sold: October 8, 2024

Last sale price $990,000 $267 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,146 / mo

41 Days on Market

Highlights

  • Wood Burning Stove
  • Property is near public transit
  • Wood Flooring
  • Cory Elementary School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of October 2024

Incredible opportunity to own a Triplex in a highly sought-after location in the Belcaro neighborhood in Denver. Large 3 bedroom, 2 bath main floor unit with 1 bedroom and bath in basement. Two 1 bedroom upper units. Harwood floors throughout. Each unit has a large storage room in basement. The expansive 9,370 sq. ft. lot provides outdoor space. Includes a carport that can accommodate one vehicle per unit. Close to local amenities, offering a high standard of living. Picket fencing, concrete paving, and an underground sprinkler system. This property offers a unique blend of classic charm and modern convenience. It is an excellent choice for investors or individuals looking for a spacious and well-located multi-unit in Denver. Great asset that will continue to appreciate! Easy to rent in this sought after area! 1031 Exchange Friendly! Separately metered electric. Common gas that is currently billed back to tenants. Landlord is currently paying about $200 in water monthly (not billed back) and laundry and parking are currently free for tenants. More photos to come.

Last Agent to Sell the Property

Gilda Zaragoza

Invalesco Real Estate Brokerage Email: gilda@invalescore.com,720-547-9405 License #100057253 Listed on: 08/01/2024

Co-Listed By

Daniela Moena

Invalesco Real Estate Brokerage Email: gilda@invalescore.com,720-547-9405 License #100100360

Last Buyer's Agent

Samuel Rotbart

Ski Colorado Real Estate License #100105867

Ski Colorado Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,352

Year Built

  • Built in 1954

Lot Details

  • 9,370 Sq Ft Lot
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Garden

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • Multi-Level Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Schools

  • Cory Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Gas Grill
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Tenants' Personal Property
  • Property held in a trust
  • Tenant pays for electricity, gas
  • The owner pays for exterior maintenance, trash collection, water
  • Assessor Parcel Number 5135-11-001

Community Details

Overview

  • No Home Owners Association
  • Lakota Heights Subdivision

Additional Features

  • Laundry Facilities
  • Operating Expense $30,709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,352

Year Built

Built in 1954

Lot Details

9,370 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Architectural Style: Traditional
  • Structure Type: Triplex
  • Levels: Multi/Split
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2886
  • Exclusions: Tenants' Personal Property
  • Living Area: 3710
  • Directions: One block East and two blocks North of Colorado Boulevard and Mississippi.
  • SubdivisionName: Lakota Heights
  • Co List Office Mls Id: RECM3969
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_ExpectedActiveDate: 2024-08-06
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.90000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplaces: 1
  • Flooring: Linoleum, Tile, Wood
  • Fireplace Features: Family Room, Wood Burning, Wood Burning Stove
  • Basement: Finished
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 824

Exterior Features

  • Direction Faces: East
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Garden, Gas Grill

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Laundry Features: Common Area, In Basement
  • Security: Carbon Monoxide Detector(s), Smoke 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

Fee Information

  • Operating Expense: 30709

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5135-11-001
  • Lot Size Acres: 0.22
  • Fencing: Full
  • Building Area Total: 3710
  • Lot Features: Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9370
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Exterior Maintenance, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6352

MLS Schools

  • Elementary School: Cory
  • High School: South

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 9, 2024
Sold by
Bought by
Seller's Agent
Gilda Zaragoza
Invalesco Real Estate
Buyer's Agent
Samuel Rotbart
Ski Colorado Real Estate
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Views
36
Current Estimated Value
$1,058,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,119
Avg. Annual Appreciation
3.99%
Original Mortgage
$450,000
Outstanding Balance
$444,235
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$613,884

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Gilda Zaragoza
Invalesco Real Estate
Buyer's Agent
Samuel Rotbart
Ski Colorado Real Estate
List Price
$1,100,000
Sold Price
$990,000
Premium/Discount to List
-$110,000
-10%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$444,235
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$613,884

Purchase Details

Closed on
Oct 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$990,000 Htc
$625,000 First American
$482,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $990,000 +1.5% $267 / Sq Ft
09/05/2024 09/05/24 Price Changed $975,000 -11.4% $263 / Sq Ft
08/01/2024 08/01/24 For Sale $1,100,000 -- $296 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,564 $72,730 $49,970 $49,970
2024 $6,492 $81,970 $41,310 $40,660
2023 $6,352 $81,970 $41,310 $40,660
2022 $4,760 $59,850 $40,590 $19,260
2021 $4,696 $62,940 $42,680 $20,260
2020 $4,746 $63,970 $42,680 $21,290
2019 $4,613 $63,970 $42,680 $21,290
2018 $4,082 $52,760 $29,540 $23,220
2017 $4,070 $52,760 $29,540 $23,220
2016 $3,301 $40,480 $29,691 $10,789
2015 $3,163 $40,480 $29,691 $10,789
2014 $3,335 $40,160 $34,960 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7850271

REcolorado®

APN: 5135-11-001

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