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1475 Reed Street

1475 Reed Street, Denver, CO 80214
1475 Reed Street in Denver, CO was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1971. This has been categorized as a commercial property type. There are a total of 2 floors. 1475 Reed Street has 13,718 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 23,087 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. There is a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Sep 28, 2023 for $2,317,000. That's $168.90 per sqft. Prior to that sales transaction, the property was also sold in Jan 23, 2020 for $2,450,000. 1475 Reed Street was last assessed in 2023. The total value of the property was assessed at $134,093. Specifically, the land the property is located on was valued at $55,780. While improvements on the property were assessed at a total of $78,313. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $12,093. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 30
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Living Units: 30
  • Business/Commerical Units Count: 30
  • Basement Type: Unspecified basement
  • Basement Area: 2,550
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 13,718
  • Gross Building Area: 13,718
  • Building Area: 13,718
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 13,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: LAKEWOOD
  • Land Acres: 0.53
  • Standard Land Use Code: Commercial (general)
  • County Land Use Code: Restaurant
  • Legal Description 1: SECTION 02 TOWNSHIP 04 RANGE 69 QTR NE SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 041 LOT SIZE: 21954 TRACT 011 VALUE: .504 SECTION 02 TOWNSHIP 04 RANGE 69 QTR NE SUBDIVISIONCD 442600 SUBDIVISIONNAME LAKEWOOD BLOCK 041 LOT SIZE: 1133 TRACT 0

Ownership

  • Current Owner : CO WEEKLY LLC
  • Previous Owner : KIM DANIEL
  • Previous Owner 2: LIAO WEI-SHEN
  • Owner Before Previous Owner: KIM YOUNG
  • Owner Before Previous Owner 2: LEE EUNG WOO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 011551

Geography

  • Account Number: 300206158
  • Subdivision Tract Number: 11,0S6
  • Parcel: 49-021-02-009
  • Block: 41
  • Meridian: SEC 02 TWN 04S RNG 69W
  • Municipality: LAKEWOOD
  • Latitude: 39.7393
  • Longitude: -105.075

    Address

  • Full Address: 1475 Reed St
  • Address - House Number: 1475
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: CO
  • City Name: Lakewood
  • Carrier Code: C023
  • 4-Digit Zip Code: 5368
  • Zip Code: 80214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,093
  • Tax Rate Code Area: 7814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Oct 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 298
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $1,119,056
  • Market Land Value: $427,110
  • Market Improvement Value: $691,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,093
  • Assessed Land Value: $55,780
  • Assessed Improvements Value: $78,313

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Transaction ID: 11913827691
  • Current Sale Price: $2,317,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 60068
  • Previous Sale Recording Date: Jan 24, 2020
  • Previous Sale Contract Date: Jan 23, 2020
  • Previous Sale Amount: $2,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Oct 02, 2023
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 298
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OPEN BANK
  • Previous Mortgage Transaction Date: Jan 24, 2020
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1475 Reed Street located in?
The 1475 Reed Street is a located in the neighborhood of Molholm Two Creeks in Molholm Two Creeks, Denver.
What is the average sales price for listings in 1475 Reed Street?
The average sales price for units in 1475 Reed Street is $0 currently.

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