This beautiful CapHill residence was under contract with a 1031 exchange and fell out in Spring 2022 due to timing on external issues .Leases were renewed at the same rate (no increase for multiple years as is evidence in the financials in supplements) Neighborhood has seen 6% increase in the last year alone. The separate apartments with correct safety exits and entry. Detached two car garage with 4 off-street parking spaces included in sale. 3/2, 2/1, 1/1 apartments are remodeled and heating was replaced in 2022.
HOUSE HACK available in Capitol Hil. 3 units 4 off-street. parking spaces, currently rented to allow for immediate income generation Apts A and B are vacant and tenet in C is ,month to month. 24 hr notice on showings,
Sold for $1,142,000
$1,142,000
1240 Pearl Street, Denver, CO 80203
5beds
5baths
3,940sqft
Triplex
Built in 1905
-- sqft lot
$1,182,400 Zestimate®
$290/sqft
$3,353 Estimated rent
Home value
$1,182,400
$1.10M - $1.28M
$3,353/mo
Zestimate® history
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List your homeWhat's special
Detached two car garage
Zillow last checked:
Listing updated:
Listed by:
Renee Forsythe 816-916-2492,
Keller Williams DTC
Bought with:
Steven King, 100085636
Porchlight Real Estate Group
Source: REcolorado as distributed by MLS GRID,MLS#: 7401535
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Steam
Cooling
- Has cooling: Yes
Features
- Basement: Full
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,940
- Total interior livable area: 3,940 sqft
- Finished area above ground: 2,630
- Finished area below ground: 950
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: Three Or More
- Patio & porch: Front Porch, Patio
Lot
- Features: Level
Details
- Parcel number: 503112006
- Zoning: G-MU-5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Frame
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Capitol Hill
HOA
- Has HOA: No
Location
- Region: Denver
Financial & listing details
- Price per square foot: $290/sqft
- Tax assessed value: $1,366,800
- Annual tax amount: $3,886
- Date on market: 2/15/2022
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,Lease Purchase,VA Loan
- Exclusions: Renter's Personal Property
- Ownership: Corporation/Trust
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2023 | Sold | $1,142,000-4.8%$290/sqft |
Source:  REcolorado as distributed by MLS GRID #7401535 Report a problem | ||
| 10/31/2023 | Pending sale | $1,200,000$305/sqft |
Source: REcolorado as distributed by MLS GRID #7401535 Report a problem | ||
| 9/29/2023 | Listed for sale | $1,200,000+189.2%$305/sqft |
Source: REcolorado as distributed by MLS GRID #7401535 Report a problem | ||
| 7/6/2006 | Sold | $415,000+66%$105/sqft |
Source: Public Record Report a problem | ||
| 3/8/1999 | Sold | $250,000+96.1%$63/sqft |
Source: Public Record Report a problem | ||
| 6/19/1995 | Sold | $127,500$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,810 +8.2% | $87,890 -3.9% |
| 2023 | $6,293 +1.4% | $91,450 +13.1% |
| 2022 | $6,207 +59.8% | $80,870 -2.8% |
| 2021 | $3,886 +2.9% | $83,190 +58.9% |
| 2020 | $3,777 +28.6% | $52,367 -0.7% |
| 2019 | $2,937 | $52,732 +38.9% |
| 2018 | $2,937 +0.3% | $37,960 |
| 2017 | $2,928 +0.5% | $37,960 +1.8% |
| 2016 | $2,913 +14% | $37,280 |
| 2015 | $2,556 0% | $37,280 +21.2% |
| 2014 | $2,557 -3.3% | $30,770 |
| 2013 | $2,644 +17.9% | $30,770 -2.2% |
| 2012 | $2,243 -8.8% | $31,450 +1.3% |
| 2011 | $2,458 +2.2% | $31,050 -15.9% |
| 2010 | $2,404 +14.9% | $36,910 |
| 2009 | $2,092 -0.2% | $36,910 +17.8% |
| 2008 | $2,096 +12.4% | $31,330 |
| 2007 | $1,865 +1.1% | $31,330 +12.5% |
| 2006 | $1,844 | $27,860 |
Find assessor info on the county website
Neighborhood: Capitol Hill
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Nearby schools
GreatSchools rating
- 4/10Dora Moore ECE - 8th Grade SchoolGrades: PK-8Distance: 0.5 mi
- 8/10East High SchoolGrades: 9-12Distance: 1.3 mi
- 9/10Morey Middle SchoolGrades: 6-8Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Dora Moore
- Middle: Morey
- High: East
- District: Denver 1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,182,400
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Estimated market value
$1,182,400
- Colorado
- Denver County
- Denver
- 80203
- Capitol Hill
- 1240 Pearl Street
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