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Sold for $675,000
  • $675,000

    27 Newland Court, Lakewood, CO 80226

    6beds
    2baths
    2,086sqft
    Duplex
    Built in 1963
    -- sqft lot
    $657,000 Zestimate®
    $324/sqft
    $2,892 Estimated rent

    Home value

    $657,000

    $624,000 - $690,000

    $2,892/mo

    Zestimate® history
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    $2,892/mo

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    $2,892/mo

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    $3,980/mo

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    $3,980/mo

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    What's special

    Calling all INVESTORS AND OWNER OCCUPANT HOUSE HACKERS! CAP RATE of 5.79!! This investment opportunity is ready to produce income! The asset currently produces $4,144/mo in rental income. The '27' unit is 3 bedroom and 1 bathroom with in-unit laundry. The '29' unit is also 3 bedrooms and 1 bathroom with in-unit laundry. This duplex presents itself well for an owner occupant who wants to house hack to earn income and reduce their monthly expenses. The owner occupant could also keep the long-term lease next door or change to a short term rental income (Airbnb, VRBO, VACASA) scenario. 1 mile to Belmar Shopping Center, across from O'Kane Park, only 6.5 miles to Coors Field. INTERESTED IN MORE INCOME? The property around the corner also FOR SALE (61-63 Newland St.). Opportunity to own all 4 units! Property is tenant occupied. Showings will be held by listing agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Cerese 1303-590-8537 steve@cohomeorinvest.com,

    Five Four Real Estate, LLC,

    Brynn Cerese 802-522-8944,

    Five Four Real Estate, LLC

    Bought with:

    Cindy Romaniec, 100005494

    Fathom Realty Colorado LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 9120878MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,086
    • Total interior livable area: 2,086 sqft
    • Finished area above ground: 2,086

    Property

    Parking
    • Total spaces: 2
    • Details: Off Street Spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.3 Acres
    Details
    • Parcel number: 086116
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: North Alameda
    HOA
    • Has HOA: No
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $324/sqft
    • Tax assessed value: $598,369
    • Annual tax amount: $2,680
    • Date on market: 11/11/2023
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan
    • Exclusions: Tenant's Personal Property
    • Ownership: Corporation/Trust

    Price history

    DateEventPrice
    1/30/2024Sold$675,000-1.5%$324/sqft
    Source: REcolorado as distributed by MLS GRID #9120878 Report a problem
    1/8/2024Pending sale$685,000$328/sqft
    Source: REcolorado as distributed by MLS GRID #9120878 Report a problem
    11/11/2023Listed for sale$685,000-0.6%$328/sqft
    Source: REcolorado as distributed by MLS GRID #9120878 Report a problem
    3/14/2022Sold$688,900+244.5%$330/sqft
    Source: Public Record Report a problem
    9/18/2018Listing removed$1,750$1/sqft
    Source: Go Section8 Report a problem
    8/16/2018Listed for rent$1,750$1/sqft
    Source: Go Section8 Report a problem
    3/16/2011Sold$200,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,623 +0.5%$37,398 +0.8%
    2024$3,606 +34.6%$37,101
    2023$2,680 -3.6%$37,101 +37.4%
    2022$2,781 +13.3%$26,999 -4.9%
    2021$2,453 $28,389 +12.9%
    2020$2,453 +1.2%$25,149
    2019$2,424 +9.2%$25,149 +12.7%
    2018$2,219 $22,321
    2017$2,219 +14.3%$22,321 +9.1%
    2016$1,941 $20,457
    2015$1,941 +26.7%$20,457 +36.2%
    2014$1,532 -5.3%$15,020
    2013$1,619 +25.4%$15,020 -6.2%
    2012$1,291 $16,015 -25.6%
    2011-- $21,531 +0%
    2010-- $21,530
    2009-- $21,530
    2008-- $21,530
    Find assessor info on the county website

    Neighborhood: Okane Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Stein
    • Middle: Alameda Int'l
    • High: Alameda Int'l
    • District: Jefferson County R-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
    $657,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $657,000