$785,000
SOLD NOV 27, 2024
9 Beds
6 Baths
3,220 Sq Ft
9,400 Sq Ft Lot

Recently Sold

$244 Per Sq Ft

27 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating System
  • Laundry closet
  • 1-Story Property
  • Level Lot

About This Home

As of November 2024

Calling all investors! Exceptional Opportunity! This triplex presents tremendous potential for income and long-term profit. Each of the three spacious units offers 3 bedrooms and 2 baths, featuring open floor plans with laminate flooring throughout. The large living rooms and bedrooms create a comfortable living space for tenants, making it a desirable rental property.
Investors will appreciate the opportunity to rent out two units while living rent-free in the third! Conveniently located just minutes from local shops with easy access to highways, this property is perfectly situated for both tenants and owners.
Don’t miss out on this incredible investment opportunity!
Property is being sold in “AS-IS” condition

Last Agent to Sell the Property

Afshin Sarvestani

Kentwood Real Estate Cherry Creek Brokerage Email: SarvestaniTeam@gmail.com,720-394-5665 License #100070384 Listed on: 10/03/2024

Kentwood Real Estate Cherry Creek

Last Buyer's Agent

Joseph McNeal

Sellstate Altitude Realty License #100070203

Sellstate Altitude Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,972

Year Built

  • Built in 1980

Lot Details

  • 9,400 Sq Ft Lot
  • Level Lot

Parking

  • 9 Parking Spaces

Home Design

  • Triplex
  • Fixer Upper
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,220 Sq Ft Home
  • 1-Story Property
  • Range
  • Laundry closet

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Schools

  • Force Elementary School
  • Kepner Middle School
  • John F. Kennedy High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Kentucky Gardens Subdivision

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL BELONGINGS
  • Property held in a trust
  • Assessor Parcel Number 5183-05-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,972

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Structure Type: Triplex
  • Levels: One
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 3220
  • Exclusions: TENANTS PERSONAL BELONGINGS
  • Living Area: 3220
  • Property Condition: Fixer
  • SubdivisionName: Kentucky Gardens
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_ExpectedActiveDate: 2024-10-03
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: SarvestaniTeam@gmail.com,720-394-5665
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Flooring: Carpet, Laminate, Tile
  • Basement: No
  • Total Bedrooms: 9

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 9
  • REC_ParkingCount: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit, Laundry Closet

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: Kepner

Lot Info

  • Parcel Number: 5183-05-030
  • Lot Size Acres: 0.22
  • Building Area Total: 3220
  • Lot Features: Level
  • Lot Size Sq Ft: 9400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3972

MLS Schools

  • Elementary School: Force
  • High School: John F. Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 27, 2024
Sold by
Bana Family Trust
Bought by
Utica Llc and Gallegos Ralph
Seller's Agent
Afshin Sarvestani
Kentwood Real Estate Cherry Creek
Buyer's Agent
Joseph McNeal
Sellstate Altitude Realty
List Price
$785,000
Sold Price
$785,000
Views
51
Current Estimated Value
$794,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,060
Avg. Annual Appreciation
1.13%
Original Mortgage
$745,750
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2021
Sold by
Bana Family Trust
Bought by
The Utica Llc

Purchase Details

Closed on
Aug 11, 1998
Sold by
Rod Khleif Ltd
Bought by
Esparza Deigo and Esparza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,778
Interest Rate
6.9%

Purchase Details

Closed on
Dec 19, 1995
Sold by
Khleif Rod
Bought by
R & M Denver Ltd
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
Quit Claim Deed -- Land Title
Warranty Deed $785,000 Land Title
Quit Claim Deed -- Land Title
Quit Claim Deed -- None Available
Warranty Deed $209,900 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $758,300 New Conventional
Closed $745,750 New Conventional
Closed $0 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $179,332 Unknown
Previous Owner $180,778 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $785,000 0.0% $244 / Sq Ft
10/03/2024 10/03/24 For Sale $785,000 -- $244 / 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 $4,060 $51,260 $7,660 $43,600
2023 $3,972 $51,260 $7,660 $43,600
2022 $3,653 $45,940 $10,940 $35,000
2021 $3,604 $48,300 $11,500 $36,800
2020 $2,513 $33,870 $7,260 $26,610
2019 $2,443 $33,870 $7,260 $26,610
2018 $2,574 $33,270 $7,320 $25,950
2017 $2,566 $33,270 $7,320 $25,950
2016 $2,064 $25,310 $6,742 $18,568
2015 $1,977 $25,310 $6,742 $18,568
2014 $1,424 $17,150 $3,375 $13,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8922400

REcolorado®

APN: 5183-05-030