10521 W 7th Place

Lakewood, CO 80215 — Jefferson County

Income Property  $835,000  Sold  MLS# 7423401

3000.00 sqft    Lot size: 8800.00 sqft    0.20 acres    1959 build   

08-25-2020 09:00am

  Property Description

10521 West 7th Place is in turn-key condition after undergoing a recent comprehensive renovation. All four of the units are fully renovated including new kitchens and bathrooms. The property features new windows throughout and has an EPDM roof that is still under warranty. The exterior of the property is also turn-key with new concrete and landscaping. The property is entirely composed of large two-bedroom, one-bathroom floor plans with private outdoor access. The lower units have large, private fenced yards while the upper units have private balconies. The property is fully occupied with long-term tenants. Three of the tenants renewed their leases in March and May of this year with respective rent increases. The property has very strong in-place income considering that Proforma income is less than $700 higher than in-place income.

  Listing Details

Property Type
Income Property
MLS#
7423401
MLS Originator
REcolorado (Denver)
Last Updated
08-25-2020 09:00am
Status
Sold
Status Conditions
None Known
Der PSF Total
278.33
Off Market Date
07-22-2020 12:00am

  Property Details

Property Subtype
Quadplex
Sold Price
$835,000
Original Price
$850,000
List Price
$835,000
Location
Lakewood, CO 80215
SqFT
3000.00
Year Built
1959
Acres
0.20
Parking Count
1

  Map

  Property Level and Sizes

SqFt Lot
8800.00
Lot Size
0.20

  Financial Details

PSF Total
$278.33
PSF Finished
$278.33
PSF Above Grade
$278.33
Previous Year Tax
$3,077
Year Tax
2019

  Interior Details

Flooring
Laminate
Cooling
Air Conditioning-Room
Heating
Baseboard

  Exterior Details

Features
Balcony, Private Yard
Water
Public

  Room Details

  Garage & Parking

Parking Spaces
1
Parking Features
Asphalt, Concrete

  Exterior Construction

Roof
Membrane
Construction
Brick
Exterior Features
Balcony, Private Yard

  Land Details

PPA
4175000.00

  Schools

Elementary School
Eiber
Middle School
Creighton
High School
Lakewood



  Walk Score





  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 10521 W 7th Place, Lakewood, CO 80215
- Property Type: Income Property, - beds, - baths, 3000.00 SqFT
- Selling Price: $850,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$850,000 (1)
$850,000 (1)
$740,000 (2)
$740,000 (2)
Area 2 (1-2 miles)
$737,500 (2)
$737,500 (2)
$701,667 (3)
$711,875 (4)
Area 3 (2-3 miles)
$621,667 (3)
$622,500 (4)
$624,000 (5)
$624,740 (10)
Area 4 (3-5 miles)
$629,167 (6)
$632,211 (9)
$632,075 (12)
$605,447 (18)

  Contact Agent

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