See Home Value
$510,000
● House - Off Market

2561 Sheridan Blvd

Edgewater, CO 80214
bedrooms
4 Beds
bathrooms
1 Bath
square feet
884 Ft²
$577,288
RealtyHop Estimate
0.40%
Since Mar 1, 2023
CO-Denver
Primary Model

About This Property

This property is zoned C-1 either commercial or residential it has 4 bedrooms and 2 bathrooms and a 4 car carport from the alley access and is within walking distance to Sloan Lake and lots of restaurants and is convenient to the downtown area and the Highlands and the Berkly area This property could be a great retail location for a business, MMJ dispensary, etc. This property needs work, FIXER UPPER, the sewer line is in need of repair and the seller will credit the buyer for repair at the time of closing or will reduce the sales price accordingly.The property has never been used as a commercial property so the cap rate is zero.
Unit Size
884 Ft²
Days on Market
18 days
Land Size
0.15 acres
Price per sqft
$650
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1919

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Last updated: 11 months ago (REcolorado MLS #2468858)

Price History

Date / Event Date Event Price
Oct 17, 2024 Listed $750,000
Listed
Fully remodeled modern contemporary investment home in the most desirable Edgewater neighborhood a block away from Sloan Lakes. This stunning ranch style home has 4 bedrooms and 2 bathrooms with a finished basement. Enjoy the open floor concept with brand new commercial graded lifetime guarantee laminate wood floors throughout. Gorgeous kitchen featuring new white shaker cabinets with new stainless-steel appliances. Add on Bonus kitchen in the basement makes this investment property a very unique advantage. On the main floor, enjoy two bedrooms and renovated beautiful bathroom. The basement is perfect for entertainment with 2 additional non-confining bedrooms, a large bathroom, an ample laundry room and storage. A wonderful neighborhood, restaurants, bar and stores are minutes away. This investment property is fully furnished. New tenant is scheduled to move in on November 1st with $7K monthly rental. $15K parking and back yard improvement plan will be completed within 2 months. More pictures will follow showing fully furnished house.
Feb 21, 2023 Sold
Sold
Jan 18, 2023 Listed by LoKation Real Estate $575,000
Listed by LoKation Real Estate
May 1, 1997 Sold
Sold

Property Highlights


Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,621
  • Total Building Area: 1,768
  • Gross Building Area: 1,948
  • Building Area: 884
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 884
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • State Land Use Code: 1112
  • Legal Description 1: SECTION 36 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 218000 SUBDIVISIONNAME EDGEWATER BLOCK 112 LOT 0041 SIZE: 3325 TRACT VALUE: .076 SECTION 36 TOWNSHIP 03 RANGE 69 QTR NE SUBDIVISIONCD 218000 SUBDIVISIONNAME EDGEWATER BLOCK 112 LOT 0042 SIZE: 3325

Neighborhood

  • School District Name: Jefferson County School District R-1
  • Census Tract: 011300

Geography

  • Assessors Map Reference: 20-F
  • Account Number: 300035719
  • Parcel: 39-361-01-002
  • Block: 112
  • Lot: 41,42
  • Meridian: SEC 36 TWN 03S RNG 69W
  • Municipality: EDGEWATER
  • Latitude: 39.7543
  • Longitude: -105.054

    Address

  • Full Address: 2561 Sheridan Blvd
  • Address - House Number: 2561
  • Address - Street Name: Sheridan
  • Address - Suffix Type: Blvd
  • State: CO
  • City Name: Edgewater
  • Carrier Code: C056
  • 4-Digit Zip Code: 1330
  • Zip Code: 80214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $196,164
  • Tax Rate Code Area: 4015

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 80
  • Final Value: 498,031
  • High Value: 577,797
  • Low Value: 418,266

    Market Valuation

  • Market Total Value: $398,199
  • Market Land Value: $200,076
  • Market Improvement Value: $198,123

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,994
  • Assessed Land Value: $13,405
  • Assessed Improvements Value: $9,589

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 9537
  • Previous Sale Recording Date: May 01, 1997
  • Previous Sale Contract Date: Apr 30, 1997
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Edgewater


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 1523 Quitman St, CO, 80204

$1,166 /mo

  • 1 Bed
  • 1 Bath
1523 Quitman St, CO, 80204 Listing by Rick Rivera


Frequently Asked Questions

When was property at 2561 Sheridan Boulevard built and last sold?
The property at 2561 Sheridan Boulevard was built in 1919 and last sold on Feb 10, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 2561 Sheridan Boulevard is $0.
What are some comparable homes to 2561 Sheridan Boulevard?
There are currently no comparable homes to 2561 Sheridan Boulevard.