$565,000
SOLD MAR 22, 2024

961 Newton St Unit 963 Denver, CO 80204

Villa Park Neighborhood
4 Beds
2 Baths
1,367 Sq Ft
6,250 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

7% Below List Price

18 Days on Market

Highlights

  • No HOA
  • 4-minute walk to Perry
  • Forced Air Heating System
  • Eat-In Kitchen
  • 1-Story Property
  • 3-minute walk to Lakewood / Dry Gulch Park

About This Home

As of January 2025

Great investment opportunity! Duplex in ideal location in an up and coming area! Motivated to move! Investors bring your Offer OR First time investor opportunity to buy this duplex! Professionally managed and both units tenant Occupied. Washer/Dryer Hookups in both units. Ideal Location backs to the Lakewood/Dry Gulch Park with access to bike paths, a disc golf course, walk to light rail, & bus routes. Nearby shopping and dining-so close to Sloans Lake, Edgewater, & West Colfax! Easy commute to Downtown Denver, Denver West and even the DTC. ! You can eventually live in one side and rent the other or keep both sides as income properties-you don't want to miss out on this amazing rental or Investment Opportunity!

Last Agent to Sell the Property

Laura Freese

Associated Brokers Realty Inc Brokerage Email: Laura@ABRsells.com,303-828-7994 License #100030316 Listed on: 02/07/2024

Last Buyer's Agent

Laura Freese

Associated Brokers Realty Inc Brokerage Email: Laura@ABRsells.com,303-828-7994 License #100030316 Listed on: 02/07/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1960

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,367 Sq Ft Home
  • 1-Story Property
  • Carbon Monoxide Detectors
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Eagleton Elementary School
  • Lake Middle School
  • North High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Windsor Subdivision

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tenant pays for cable TV, electricity, gas, grounds care, internet, telephone
  • The owner pays for insurance, taxes, trash collection, water
  • Assessor Parcel Number 5065-04-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,075

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1367
  • Exclusions: Tenants Personal Property
  • Living Area: 1367
  • Directions: North from 6th Ave between Sheridan & Federal on 10th ave. South on Newton . Duplex is on West side of Newton
  • SubdivisionName: Windsor
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.92623
  • Attribution Contact: Laura@ABRsells.com,303-828-7994
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, No Stairs, Pantry
  • Flooring: Carpet, Laminate
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide 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

Schools

  • Middle Or Junior School: Lake

Lot Info

  • Parcel Number: 5065-04-011
  • Lot Size Acres: 0.14
  • Building Area Total: 1367
  • Lot Features: Level
  • Lot Size Sq Ft: 6250
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2075

MLS Schools

  • Elementary School: Eagleton
  • High School: North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Mar 14, 2025
Sold by
Buy-Out Company Lllp
Bought by
Boaler Julian
Seller's Agent
Jennifer Heineman
Buy-Out Company Realty, LLC
Buyer's Agent
Taylor Washam
Compass - Denver
List Price
$374,973
Sold Price
$374,973
Views
31
Current Estimated Value
$561,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,027
Avg. Annual Appreciation
148.14%
Original Mortgage
$271,500
Outstanding Balance
$271,275
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$335,725

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 21, 2025
Sold by
Buy-Out Company Lllp
Bought by
Grams Lan
Seller's Agent
Jennifer Heineman
Buy-Out Company Realty, LLC
Buyer's Agent
Taylor Washam
Compass - Denver
List Price
$374,973
Sold Price
$374,973
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Outstanding Balance
$271,275
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$335,725

Purchase Details

Listed on
Feb 7, 2024
Closed on
Mar 13, 2024
Sold by
Harvey D Rusch And Virginia A Rusch Trus
Bought by
Buy-Out Company Lllp
Seller's Agent
Laura Freese
Associated Brokers Realty Inc
Buyer's Agent
Laura Freese
Associated Brokers Realty Inc
List Price
$610,000
Sold Price
$565,000
Premium/Discount to List
-$45,000
-7.38%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.62%

Purchase Details

Closed on
Mar 16, 2010
Sold by
Rusch Harvey D and Rusch Virginia A
Bought by
The Harvey D Rusch & Virginia A Rusch Tr
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $362,000 Htc (Heritage Title)
Special Warranty Deed $374,973 None Listed On Document
Warranty Deed $565,000 None Listed On Document
Warranty Deed $565,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,500 New Conventional
Previous Owner $356,223 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2025 01/21/25 Sold $374,973 0.0% $574 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $374,973 -33.6% $574 / Sq Ft
03/22/2024 03/22/24 Sold $565,000 -7.4% $413 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $610,000 -- $446 / 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
2023 $2,883 $37,210 $15,150 $22,060
2022 $2,075 $26,090 $9,550 $16,540
2021 $2,047 $27,430 $10,040 $17,390
2020 $2,094 $28,220 $8,490 $19,730
2019 $2,035 $28,220 $8,490 $19,730
2018 $1,468 $18,970 $6,750 $12,220
2017 $1,463 $18,970 $6,750 $12,220
2016 $1,235 $15,150 $3,733 $11,417
2015 $1,184 $15,150 $3,733 $11,417
2014 $873 $10,510 $1,990 $8,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2395171

REcolorado®

APN: 5065-04-011