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Aurora 80011 Jewell Heights - Hoffman Heights
845 Salem Street
$385,000
● House - Off Market

845 Salem Street

Aurora, CO 80011
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,948 Ft²
$375,215
RealtyHop Estimate
-1.00%
Since Sep 1, 2022
CO-Denver
Primary Model

About This Property

There are a lot of good things happening in the Hoffman neighborhoods and this house offers plenty of opportunity. Almost 2,000 square foot ranch with 3 Bedroom, 2 bath, brick exterior on a 7,917 square foot lot in the middle of a nice block. The kitchen has been updated and includes all the appliances  The roof and furnace are new 2022. The secondary family room offers many opportunities to utilize and enjoy the extra square feet. Convenient laundry room and one car garage add to the potential for increased value of this home.  This home has plenty of sweat equity to be gained by the right buyer.
Unit Size
1,948 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$195
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (REcolorado MLS #REC8265176)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 21, 2022 Listed by Compass - Denver $379,000
Listed by Compass - Denver
May 30, 2008 Sold
Premium
Sold
Apr 30, 2008 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 66
  • Pool Type: 0
  • Location Influence Type: 129

    Dimensions

  • Lot Size Square Feet: 7,971
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 690
  • Total Building Area: 2,168
  • Gross Building Area: 2,398
  • Building Area: 1,948
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,948
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN TOWN 6TH FLG
  • Land Acres: 0000000183
  • Standard Land Use Code: 1001
  • County Land Use Code: 1220
  • State Land Use Code: 1112
  • Legal Description 1: LOT 31 BLK 49 HOFFMAN TOWN 6TH FLG

Neighborhood

  • School District Name: Adams-Arapahoe School District 28J
  • School Tax School District: AURORA SCHOOL D
  • Census Tract: 007600

Geography

  • Assessors Map Reference: 65-E
  • Account Number: 031063329
  • Parcel: 1973-01-3-14-031
  • Block: 49
  • Lot: 31
  • Meridian: SEC 01 QTR 3 TWN 4S RNG 67W
  • Municipality: RE & PP
  • Latitude: 39.729
  • Longitude: -104.84

    Address

  • Full Address: 845 Salem St
  • Address - House Number: 845
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: CO
  • City Name: Aurora
  • Carrier Code: C092
  • 4-Digit Zip Code: 6626
  • Zip Code: 80011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $221,017
  • Tax Rate Code Area: 11-185

    Appraisal Valuation

  • Standard Deviation: 0.1376
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 83
  • Final Value: 521,505
  • High Value: 593,315
  • Low Value: 449,695

    Market Valuation

  • Market Total Value: $422,300
  • Market Land Value: $180,000
  • Market Improvement Value: $242,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,609

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 86063
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Contract Date: Apr 04, 2008
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Jewell Heights - Hoffman Heights

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$270

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1507 ft²

Average Home Age

72.8 years

Currently For Sale

38 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11700 E 26th Ave, Denver, CO, 80238

$2,530 /mo

  • 3 Beds
  • 2 Baths
  • 1,360 ft²
11700 E 26th Ave #Tamarac, Denver, CO, 80238 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.

Frequently Asked Questions

When was property at 845 Salem Street built and last sold?
The property at 845 Salem Street was built in 1954 and last sold on Aug 15, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 845 Salem Street is $0.
What are some comparable homes to 845 Salem Street?
There are currently no comparable homes to 845 Salem Street.
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