$1,759,900
●
House -
In Contract
2445 S Jackson Street
Denver, CO 80210
5 Beds
4 Baths,
1
Half Bath
2875 Sqft
$9,223
Estimated Monthly
2.06%
Cap Rate
About This Property
UNIQUE BUILDING OPPORTUNITY! 18,000 SF lot for sale- You rarely see
a lot this size for sale in Denver anymore. It fits all zoning
requirements to be split into two 9,000 SF lots- Still extra large
compared to the 6250 SF & 7500 SF lots most common in Observatory
Park. POSSIBILITIES: You could knock down the house & finalize the
lot split & sell both lots for the neighborhood market value
($1,250,000-$1,350,000) 2) Split the lot into two 9,000 SF lots,
build for yourself on one side & sell the other. 3) Split the lot &
build 2 new luxury spec homes on one of Denver's prettiest streets
for huge profit potential. 4) Do some updates & live in this
charming 1952 home with 5 bedrooms & 4 baths. 5) or build 1 huge
luxury home on this gorgeous oversized lot for yourself or a custom
client. The new home sales in Observatory Park have an average sold
price of $3.3M. This portion of Jackson Street is often described
as a country lane in the city. The cottonwood tree-lined street has
no cross streets & a permanent exemption from sidewalk
requirements. There's already a temporary 2nd address from the
city; a survey showing all information the city needs to
sub-divide; asbestos testing results & certificate showing all
interior asbestos was removed. The lot has 2 curb cuts & 2 gates, a
newer water line & a new circular driveway that can easily be
modified to be reused for 2 new homes. There's a privacy fence in
the backyard & original stately wrought iron fencing around the
front. A 2 year old home down the street recently sold for $3.245M
on a slightly smaller lot. Observatory Park's highest price sale is
$5.396M. The median price per square foot for homes built since
2021 was $859 PSF above ground & $578 PSF total - sod in a median
of 36 days. Observatory Park is a premier Denver neighborhood with
2 parks & a great location right between downtown Denver & the
Denver Tech Center. This property is ready for redevelopment @ an
amazing price!
Unit Size
2,875Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$612
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1952
Listed By
Last updated: 8 days ago (REcolorado MLS #REC6426372)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 19, 2024 | In contract | - | |
In contract | |||
Feb 28, 2024 | Listed by Madison & Company Properties | $1,759,900 | |
Listed by Madison & Company Properties | |||
|
|||
UNIQUE BUILDING OPPORTUNITY! 18,000 SF lot for sale- You rarely see
a lot this size for sale in Denver anymore. It fits all zoning
requirements to be split into two 9,000 SF lots- Still extra large
compared to the 6250 SF & 7500 SF lots most common in Observatory
Park. POSSIBILITIES: You could knock down the house & finalize the
lot split & sell both lots for the neighborhood market value
($1,250,000-$1,350,000) 2) Split the lot into two 9,000 SF lots,
build for yourself on one…
|
|||
Feb 15, 2024 | Listed by Madison & Company Properties | $1,759,900 | |
Listed by Madison & Company Properties | |||
Apr 5, 2005 | Sold to Jill Schafer | $587,500 | |
Sold to Jill Schafer |
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Total Number of Parking: 2
Attached Garage
Parking Features: Circular Driveway, Concrete, Exterior Access Door, Lighted, Oversized, Storage
Garage Spaces: 2
Interior Details
Bathroom Information
Half Bathrooms: 1
Full Bathrooms: 2
Interior Information
Interior Features: Built-in Features, Entrance Foyer, High Speed Internet, In-Law Floor Plan, Primary Suite, Tile Counters, Utility Sink, Walk-In Closet(s), Wired for Data
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave
Fireplace Information
Fireplace Features: Family Room, Wood Burning
Fireplaces: 1
Basement Information
Basement: Crawl Space
Exterior Details
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Fixer
Road Responsibility: Public Maintained Road
Year Built: 1952
Building Information
Levels: Two
Structure Type: House
Building Area Total: 2875
Construction Methods: Frame, Vinyl Siding, Wood Siding
Roof: Composition, Membrane
Exterior Information
Exterior Features: Garden, Private Yard, Rain Gutters
Lot Information
Lot Features: Landscaped, Level, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable
Lot Size Acres: 0.41
Lot Size Square Feet: 17859.6
Land Information
Water Source: Public
Financial Details
Tax Year: 2022
Tax Annual Amount: $6,968
Utilities Details
Cooling: Air Conditioning-Room, Attic Fan, Central Air
Heating: Forced Air, Natural Gas, Wall Furnace, Wood
Sewer : Public Sewer
Location Details
Directions: I-25, go south on Colorado BLVD. to Ill. turn west (right) on Iliff. our south (left) on Jackson St. The property is located midway between Iliff and Yale on the WEST side of the street.
County or Parish: Denver
Other Details
Selling Agency Compensation: 2.8
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
4
Baths
3,779 ft²
$431/ft²
$1,630,000
Feb 15, 2024
$1,630,000
May 8, 2024
$435/mo
House
5
Beds
5
Baths
3,605 ft²
$480/ft²
$1,730,000
Apr 29, 2021
$1,730,000
Jun 2, 2021
$262/mo
House
5
Beds
4
Baths
4,671 ft²
$417/ft²
$1,947,000
Apr 8, 2022
$1,947,000
May 20, 2022
$603/mo
House
5
Beds
6
Baths
4,670 ft²
$369/ft²
$1,725,000
Oct 5, 2022
$1,725,000
Feb 6, 2023
$568/mo
House
5
Beds
6
Baths
5,135 ft²
$309/ft²
$1,585,000
Feb 24, 2021
$1,585,000
Apr 16, 2021
$603/mo
House
5
Beds
5
Baths
5,611 ft²
$378/ft²
$2,120,000
Feb 28, 2022
$2,120,000
Mar 29, 2022
$621/mo
Active
House
5
Beds
6
Baths
4,329 ft²
$461/ft²
$1,995,000
Apr 6, 2024
-
$145/mo
In Contract
House
4
Beds
5
Baths
3,697 ft²
$473/ft²
$1,750,000
Mar 7, 2024
-
$558/mo
Active
House
4
Beds
4
Baths
4,327 ft²
$461/ft²
$1,995,000
Mar 8, 2024
-
$576/mo
In Contract
House
4
Beds
5
Baths
4,033 ft²
$409/ft²
$1,649,000
Feb 21, 2024
-
$352/mo
Active
House
5
Beds
6
Baths
5,766 ft²
$346/ft²
$1,995,000
Oct 26, 2023
-
$804/mo
In Contract
House
4
Beds
4
Baths
4,483 ft²
$390/ft²
$1,750,000
Mar 21, 2024
-
$637/mo
About Southeast Denver
Similar Homes for Sale
$1,995,000
- 5 Beds
- 6 Baths
- 5,766 ft²
Open House: 12PM - 3PM, Sat May 25
$1,995,000
- 4 Beds
- 4 Baths
- 4,327 ft²
Nearby Rentals
$3,495 /mo
- 2 Beds
- 2.5 Baths
- 1,552 ft²
$3,650 /mo
- 3 Beds
- 2 Baths
- 1,117 ft²