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1480 South Vrain Way

1480 South Vrain Way, Denver, CO 80219
Property in Mar Lee
Refi Oct 22, 2021
Transfer
$727,500 by Usda
Mortgage Due Nov 27, 2100
1480 South Vrain Way has been categorized by the local assessors in Denver, CO as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1480 South Vrain Way has 1,634 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 817 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 1480 South Vrain Way was last assessed in 2021. The total value of the property was assessed at $24,510. Specifically, the land the property is located on was valued at $5,130. While improvements on the property were assessed at a total of $19,380. 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 $1,295. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 817
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,634
  • Gross Building Area: 1,634
  • Building Area: 1,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,634
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORBRO PARK
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 18 BLK 11 MORBRO PARK NO 1

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 004601

Zoning

  • Zoning: S-SU

Geography

  • Parcel: 05192-30-041-000
  • Block: 11
  • Lot: 18
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.69
  • Longitude: -105.046

    Address

  • Full Address: 1480 S Vrain Way
  • Address - House Number: 1480
  • Street Direction: S
  • Address - Street Name: Vrain
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Denver
  • Carrier Code: C031
  • 4-Digit Zip Code: 3722
  • Zip Code: 80219

Valuation

    Tax

  • Total Area: 1,634
  • Tax Year: 2021
  • Tax Amount: $1,295
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 78
  • Final Value: 500,227
  • High Value: 584,082
  • Low Value: 416,372

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,455,000
  • First Open Lien Mortgage Lender: USDA
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $727,500
  • First Open Lien Mortgage Term: 999
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Nov 27, 2100
  • Second Open Lien Mortgage Lender: AMERICAN ADVISORS GROUP
  • Second Open Lien Mortgage Recording Date: Oct 22, 2021
  • Second Open Lien Mortgage Loan Amount: $727,500
  • Second Open Lien Mortgage Term: 999
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • Second Open Lien Mortgage Loan Due Date: Nov 27, 2100

    Market Valuation

  • Market Total Value: $342,700
  • Market Land Value: $71,700
  • Market Improvement Value: $271,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $24,510
  • Assessed Land Value: $5,130
  • Assessed Improvements Value: $19,380

    Exemptions

  • Senior Citizen Exemption : Yes

About Southwest Denver



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Frequently Asked Questions

What neighborhood is 1480 South Vrain Way located in?
The 1480 South Vrain Way is a located in the neighborhood of Mar Lee in Southwest Denver, Denver.
What is the average sales price for listings in 1480 South Vrain Way?
The average sales price for units in 1480 South Vrain Way is $0 currently.

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