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2526 South Cherry Street

2526 South Cherry Street, Denver, CO 80222
Property in University Hills
Sold Jan 03, 2022
$595,000
$476,000 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2052
Sold May 13, 2015
$337,500
$320,625 by Cherry Creek Mortgage Co Inc
Mortgage Due Jun 01, 2045
Local assessors in Denver, CO have categorized 2526 South Cherry Street as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 6,740 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 are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 2526 South Cherry Street has a total of 1,711 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. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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 - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central 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, 2526 South Cherry Street sold most recently in Dec 29, 2021 for a total of $595,000. If you work out the math, that's approximately a cost of $347.75 per sqft. Before that, the property was also sold for $337,500 in May 4, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,735 in taxes each year. The initial year of tax delinquency occurred in 2021. 2526 South Cherry Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $36,650. If we break it down further, the land itself was valued at $25,980. Improvements to the property, however, were assessed at a total of $10,670. 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: 1953
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • 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
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,740
  • Total Building Area: 1,711
  • Gross Building Area: 1,711
  • Building Area: 1,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,711
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUTCHINSONS UNIVERSITY PLACE
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 8 BLK 11 HUTCHINSONS UNIVERSITY PLACE

Ownership

  • Current Owner : ALEXANDER WILMETH EMILY
  • Current Owner 2: BOUDREAUX JOHN HENRY
  • Previous Owner : KARR CRAIG E
  • Owner Before Previous Owner: MILLER KATHERINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Denver County School District 1
  • Census Tract: 005300

Zoning

  • Zoning: S-SU

Geography

  • Parcel: 06303-04-009-000
  • Block: 11
  • Lot: 8
  • Municipality: CITY & COUNTY OF DENVER
  • Latitude: 39.6702
  • Longitude: -104.934

    Address

  • Full Address: 2526 S Cherry St
  • Address - House Number: 2526
  • Street Direction: S
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: CO
  • City Name: Denver
  • Carrier Code: C012
  • 4-Digit Zip Code: 6509
  • Zip Code: 80222

Valuation

    Tax

  • Total Area: 1,711
  • Tax Year: 2021
  • Tax Amount: $2,735
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: DENVER

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 80
  • Final Value: 631,147
  • High Value: 731,248
  • Low Value: 531,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $476,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $512,600
  • Market Land Value: $363,400
  • Market Improvement Value: $149,200

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $36,650
  • Assessed Land Value: $25,980
  • Assessed Improvements Value: $10,670

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11876310427
  • Current Sale Price: $595,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2022000479
  • Previous Sale Recording Date: May 13, 2015
  • Previous Sale Contract Date: May 04, 2015
  • Previous Sale Amount: $337,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Previous Mortgage Transaction Date: May 13, 2015
  • Previous Mortgage Loan Amount: $320,625
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

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Frequently Asked Questions

What neighborhood is 2526 South Cherry Street located in?
The 2526 South Cherry Street is a located in the neighborhood of University Hills in Southeast Denver, Denver.
What is the average sales price for listings in 2526 South Cherry Street?
The average sales price for units in 2526 South Cherry Street is $0 currently.

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