NOT LISTED FOR SALE

Estimated Value: $634,000 - $655,000

5 Beds
4 Baths
1,840 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $660,000 $359 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,698/month

61 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Corian Countertops
  • Open Floorplan
  • Private Yard
  • 2 Car Attached Garage

About This Home

As of January 2023

This is a full duplex (both sides included) 9481 and 9483 Vance Ct. Classic brick side-by-side duplex with an attached 1-car automatic garage for each side in this private, well kept neighborhood. This property rents easily and has private entrances, separate and fenced yards with mature trees, landscaping and a large lot. 9481 has 3 beds/2 baths (master included) and a shed for additional storage. 9483 is 2 bed/1.5 baths (master half bath). The driveway offers extra parking space and the walkway brings you to doors on the side that add to the tenants privacy. This is a great investment opportunity and has some upgrade opportunity to increase the monthly rental price. A few upgrades will yield good rental returns. Live in one side and lease the other, or use as an investment property. This is an awesome area and close to schools, shopping, restaurants and more. Don’t wait on this opportunity as it won’t last!

Last Agent to Sell the Property

Adam Nelsen

RE/MAX Professionals License #100091757 Listed on: 10/06/2022

RE/MAX Professionals

Last Buyer's Agent

Andrew Garcia

Brokers Guild Homes License #100091510

Brokers Guild Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Ground Level

Schools

  • Semper Elementary School
  • Mandalay Middle School
  • Standley Lake High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 110 Volts
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Greenlawn Estates Subdivision
  • Operating Expense $2,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, internet, trash collection, water
  • The owner pays for insurance, taxes
  • Assessor Parcel Number 082164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,790

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Above Grade Price per Sq Ft: 358.70
  • Finished Price per Sq Ft: 358.70
  • Total Price per Sq Ft: 358.70
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 1840.00
  • Actual Annual Net Income: 38800.00
  • Entry Location: Ground
  • Exclusions: Personal Property
  • Living Area: 1840.00
  • P P A: 2275862.07
  • Projected Annual Expense: 3000.00
  • Projected Annual Net Income: 42000.00
  • Projected Gross Income: 45600.00
  • Utility Metering: Separate Electric, Separate Gas
  • SubdivisionName: Greenlawn Estates
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Corian Counters, No Stairs, Open Floorplan, Primary Suite, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Common Walls: 1 Common Wall
  • Total Bedrooms: 5

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials: Brick, Wood Siding
  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit

Fee Information

  • Operating Expense: 2000.00

Schools

  • School District: Jefferson County R-1
  • Elementary School: Semper
  • Middle School: Mandalay
  • High School: Standley Lake
  • Middle Or Junior School: Mandalay

Lot Info

  • Parcel Number: 082164
  • Lot Size Acres: 0.29
  • Fencing: Full
  • Building Area Total: 1840.00
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 12500.00

Rental Info

  • Owner Pays: Insurance, Taxes
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Water

Multi Family

  • Unit Count: 2
  • Utility Billing to Tenants: Direct Billing from Utility

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2790.00

MLS Schools

  • Elementary School: Semper
  • High School: Standley Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Jan 3, 2023
Sold by
Gehrke Daniel E
Bought by
Acosta Jenny and Acosta Maria
Seller's Agent
Adam Nelsen
RE/MAX Professionals
Buyer's Agent
Andrew Garcia
Brokers Guild Homes
List Price
$735,000
Sold Price
$660,000
Premium/Discount to List
-$75,000
-10.2%
Views
19
Current Estimated Value
$645,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,901
Avg. Annual Appreciation
-0.81%
Original Mortgage
$648,045
Outstanding Balance
$627,929
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$17,170

Purchase Details

Closed on
Aug 1, 2005
Sold by
Clark Dan V
Bought by
Gehrke Daniel E and Gehrke Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,200
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac
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
Acosta Jenny $660,000 Land Title Guarantee
Gehrke Daniel E $264,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Jenny $648,045
Previous Owner Gehrke Daniel E $211,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $660,000 -2.2% $359 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $675,000 -6.2% $367 / Sq Ft
11/08/2022 11/08/22 Price Changed $719,990 -2.0% $391 / Sq Ft
10/06/2022 10/06/22 For Sale $735,000 -- $399 / Sq Ft
Source: REcolorado®

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 $3,781 $40,172 $15,784 $24,388
2023 $3,781 $40,172 $15,784 $24,388
2022 $2,694 $28,009 $10,006 $18,003
2021 $2,790 $29,450 $10,521 $18,929
2020 $2,633 $27,795 $10,562 $17,233
2019 $2,590 $27,795 $10,562 $17,233
2018 $2,442 $25,359 $7,660 $17,699
2017 $2,232 $25,359 $7,660 $17,699
2016 $2,070 $22,061 $6,794 $15,267
2015 $1,794 $22,061 $6,794 $15,267
2014 $1,794 $17,902 $6,408 $11,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2615687

REcolorado®

APN: 29-231-03-007