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Aurora 80010 Delmar Parkway
1224 Iola Street
$400,000
● House - Off Market

1224 Iola Street

Aurora, CO 80010
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,420 Ft²
$438,245
RealtyHop Estimate
9.56%
Since Jul 1, 2021
CO-Denver
Primary Model

About This Property

Lots to love here!  New roof, furnace, water heater.  4 bedrooms and 1 3/4 bathrooms.  Freshly painted inside and out.  Check out the refinished hardwood floor throughout the main level and notice the entire house has new trim, doors and hardware.  Upgraded new light fixtures with a remote control fan in the living room.  Superior kitchen remodel with quartz counter top on new white shaker cabinets.  New tiled floor.  Frigidaire appliances include DW, micro and stove/oven (air fryer, convection combo). Brand new bath with custom tiled tub, upgraded fixtures and vanity/lights. Two bedrooms on the main floor.  Finished basement with two more bedrooms (1 non-conforming),  new carpet/pad, remodeled tiled 3/4 bath, large laundry/storage room, new furnace and hot water heater.  Fenced yard with a 1-car garage.
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$282
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #RECIR940353)

Price History

Date / Event Date Event Price
Jul 9, 2021 Sold
Premium
Sold
May 14, 2021 Listed by Patriot Realty $400,000
Listed by Patriot Realty
Jan 30, 2007 Sold
Premium
Sold
Nov 22, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 740
  • Garage Type: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 129

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,480
  • Gross Building Area: 1,680
  • Building Area: 1,480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,480
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AURORA
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 1220
  • State Land Use Code: 1112
  • Legal Description 1: LOTS 17-18 BLK 7 AURORA EX REAR 8 FT

Neighborhood

  • School District Name: Adams-Arapahoe School District 28J
  • School Tax School District: AURORA SCHOOL D
  • Census Tract: 007400

Geography

  • Assessors Map Reference: 65-D
  • Account Number: 031077681
  • Parcel: 1973-02-2-23-009
  • Block: 7
  • Lot: 17
  • Meridian: SEC 02 QTR 2 TWN 4S RNG 67W
  • Municipality: RE & PP
  • Latitude: 39.7352
  • Longitude: -104.864

    Address

  • Full Address: 1224 Iola St
  • Address - House Number: 1224
  • Address - Street Name: Iola
  • Address - Suffix Type: St
  • State: CO
  • City Name: Aurora
  • Carrier Code: C033
  • 4-Digit Zip Code: 3408
  • Zip Code: 80010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $221,920
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 11-185

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 75
  • Final Value: 466,305
  • High Value: 552,912
  • Low Value: 379,698

    Market Valuation

  • Market Total Value: $489,800
  • Market Land Value: $170,000
  • Market Improvement Value: $319,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,132

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: E1108927
  • Previous Sale Recording Date: Jan 30, 2007
  • Previous Sale Contract Date: Jan 24, 2007
  • Previous Sale Amount: $115,800
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Delmar Parkway

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$316

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1518 ft²

Average Home Age

69.7 years

Currently For Sale

84 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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Frequently Asked Questions

When was property at 1224 Iola Street built and last sold?
The property at 1224 Iola Street was built in 1951 and last sold on Jun 30, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 1224 Iola Street is $0.
What are some comparable homes to 1224 Iola Street?
There are currently no comparable homes to 1224 Iola Street.
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