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1854 East 48th Avenue

1854 East 48th Avenue, Denver, CO 80216
Property in Elyria Swansea
Sold Oct 04, 2016
$73,500
$47,775 by Firstbank
Mortgage Due Nov 01, 2046
Sold Nov 03, 2006
$114,900
$134,910 by Merchants Mortgage & Trust Cor
Mortgage
Local assessors in Denver, CO have categorized 1854 East 48th Avenue as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 2,550 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1854 East 48th Avenue has a total of 632 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on a window/unit air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1854 East 48th Avenue sold most recently in Oct 3, 2016 for a total of $73,500. If you work out the math, that's approximately a cost of $116.30 per sqft. Before that, the property was also sold for $114,900 in Jun 14, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $989 in taxes each year. 1854 East 48th Avenue was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $13,260. If we break it down further, the land itself was valued at $4,090. Improvements to the property, however, were assessed at a total of $9,170. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,550
  • Total Building Area: 632
  • Gross Building Area: 632
  • Building Area: 632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Window/unit air conditioning
  • Heating: Yes
  • Heated Square Feet: 632
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELYRIA
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ELYRIA B6 L48 & 49 EXC E 63.97FT & EXC REAR 5FT TO CITY

Ownership

  • Current Owner : EDWARD SMITH 401K PROFIT SHARING PLAN RO
  • Previous Owner : SIMON & SIMON REAL INTERESTS LLC
  • Owner Before Previous Owner: WACHOVIA BANK NA
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Jul 14, 2023

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 003501

Zoning

  • Zoning: E-TU

Geography

  • Parcel: 02231-06-026-000
  • Block: 6
  • Lot: 48
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.7836
  • Longitude: -104.965

    Address

  • Full Address: 1854 E 48th Ave
  • Address - House Number: 1854
  • Street Direction: E
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Denver
  • Carrier Code: C013
  • 4-Digit Zip Code: 2203
  • Zip Code: 80216

Valuation

    Tax

  • Total Area: 632
  • Tax Year: 2021
  • Tax Amount: $989
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 81
  • Final Value: 289,018
  • High Value: 333,381
  • Low Value: 244,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,775
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Oct 04, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $47,775
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $185,500
  • Market Land Value: $57,200
  • Market Improvement Value: $128,300

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $13,260
  • Assessed Land Value: $4,090
  • Assessed Improvements Value: $9,170

    Sales

  • Current Sale Contract Date: Oct 03, 2016
  • Current Sale Recording Date: Oct 04, 2016
  • Current Sale Transaction ID: 1797416591
  • Current Sale Price: $73,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016137250
  • Previous Sale Recording Date: Nov 03, 2006
  • Previous Sale Contract Date: Jun 14, 2006
  • Previous Sale Amount: $114,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Oct 04, 2016
  • First Mortgage Loan Amount: $47,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: MERCHANTS MORTGAGE & TRUST COR
  • Previous Mortgage Transaction Date: Nov 03, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $134,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)

About Northeast Denver



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Frequently Asked Questions

What neighborhood is 1854 East 48th Avenue located in?
The 1854 East 48th Avenue is a located in the neighborhood of Elyria Swansea in Northeast Denver, Denver.
What is the average sales price for listings in 1854 East 48th Avenue?
The average sales price for units in 1854 East 48th Avenue is $0 currently.

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