2347 Rainbow Drive

Denver, CO 80229

Condominium  $205,000  Sold

09-20-2017 09:25pm

WHAT A BUY!! 4 bedroom home for $205,000! Investor special! AWESOME cash flow!! Tenant occupied until the end of August but Tenant wants to stay. For you owner occupants - this is the buy of the year! Great lay-out in LARGE townhome. Updated home with good sized bedrooms and large bathrooms. Good natural light, good neutral colors. Tons of space PLUS central AC . Small back patio and open lawn areas between buildings. Existing tenant is Section 8. New lease rate of $1,600 per month already approved for the next 12 mos plus additional income of $160 per month for a total income of $1,760. See supplements for cash flow projections. SELLER WILL BE COMPLETING A 1031 EXCHANGE.

MLS#
1643937
MLS Originator
REcolorado (Denver)
Off Market Date
08-11-2017 12:00am
Original Price
$205,000

Property
Condominium
Property Subtype
Attached Single Family
Sold
Status Conditions
None Known
Last Update
09-20-2017 09:25pm
Bedrooms
4
Bathrooms
2
SqFt
1904
SqFt date
07-10-2017 12:00am
Year Built
1975
Der PSF Total
107.67

SqFt Lot
1872.00
SqFt Finished
1822
SqFt Main
952
SqFt Basement
952
SqFt Above
952

Sold Price
$205,000
Previous Year Tax
$809
HOA Fees Included
Common Area Grounds Maintenance, Exterior Maintenance w/ Roof, Insurance, Sewer, Trash Removal, Water
HOA Name
Devonshire Square HOA
HOA Total Fee
$235
HOA Fee Frequency
Monthly
HOA Management
Professionally Managed
HOA Phone
866-473-2573
HOA Total Fee
$0
HOA Total Fee
$0
Terms and Conditions
Cash, Conventional, FHA, VA
Transaction Type
For Sale
Condo Floor Location Type
Ground

Interior Features
Cable Available, Double Pane Windows, Updated, Vaulted, Window Coverings
Flooring
Carpet, Tile Floor
Cooling
Air Conditioning-Central
Heating
Forced Air
Heating Fuel
Gas
Fire Number
0

Baths Full
2

Features
Fence, Sprinkler System
Base Type
Cellar
Base Finished
Yes
Base Floor Plan
Slab
Base Size
Full
Basement Finished %
91
Parking Spaces
2
Vehicle Spaces
2
Type
# of Space
L x W
Description
Carport (Detached)
1
-
reserved spot
Off-Street
1
-
unreserved in lot
Sewer
Public

Structure
Townhouse
Roof
Composition Shingles
Construction
Wood Siding
Exterior Features
Fence, Sprinkler System
Construction Method
Frame
Builder Source
County Records

School District
Mapleton R-1
Elementary School
Monterey K-8
Middle School
Monterey K-8
High School
Skyview

PPA
5125000.00
Maintain By
County
Road Surface
Paved Road

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 2347 Rainbow Drive, Denver, CO 80229
- Property Type: Condominium, 4 beds, 2 baths, 1904 SqFT
- Sold Price: $205,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$0 (0)
$235,000 (1)
$220,000 (2)
Area 2 (1-2 miles)
$0 (0)
$0 (0)
$235,000 (1)
$220,833 (3)
Area 3 (2-3 miles)
$335,000 (1)
$335,000 (1)
$285,000 (2)
$249,375 (4)
Area 4 (3-5 miles)
$335,000 (1)
$335,000 (1)
$285,000 (2)
$250,000 (5)

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