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Sold for $285,000
  • $285,000

    5430 Magnolia Street, Commerce City, CO 80022

    2beds
    864sqft
    Single Family Residence
    Built in 1952
    9,900 Square Feet Lot
    $342,400 Zestimate®
    $330/sqft
    $1,898 Estimated rent

    Home value

    $342,400

    $315,000 - $370,000

    $1,898/mo

    Zestimate® history
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    What's special

    Easy access to highway
    GREAT OPPORTUNITY! PLEASE READ ALL REMARKS as there are two options available for how this property will be sold. OPTION 1) This property can be purchased by a FHA or Conventional buyer with a 203k renovation loan ONLY. Don’t let the current condition of the property fool you. An inspection by a Hud Certified Consultant is available in supplements with an estimated breakdown of MINIMUM costs to help you discover how easy it is to breathe new life into this property by financing the repairs and upgrades into the loan. Call me to find out more. Buyer must use a lender who has verifiable experience with 203k loans, (Mike Sherer with Fairway is our preference) AND have a licensed and insured GC ready to take on this project who is familiar with 203k renos. OPTION 2) CASH ONLY DEAL, please reference the inspection report in supplements for an idea of on the minimums of what need to be done. IMPORTANT TO NOTE that seller has zero capacity to remove anything from the property and has zero dollars to hire anyone else to remove anything. The property is being sold AS IS with all contents currently on and in the property with the exception of two vehicles that will be clearly identified in the official purchase contract. AMPLE time will be provided for any upfront due diligence that needs to be done on this property prior to accepting an offer. Enter property at your own risk, Seller assumes ZERO responsibility for injury. Back yard and garage are walking hazard so come prepared, take a close look at the aerial photos before showing. Property offers a central location with easy access to highway, shopping and entertainment. Don't miss the opportunity to renovate this home and build the equity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Felecia Montoya 720-324-6753 felecia.montoya@compass.com,

    Compass - Denver

    Bought with:

    Hilda Massey, 100069191

    Keller Williams DTC

    Source: REcolorado as distributed by MLS GRID,MLS#: 5462523MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Description: Gutted And Exposed
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Oven, Range, Refrigerator
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft
    • Finished area above ground: 864

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 9,900 Square Feet
    Details
    • Parcel number: R0092312
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Value Subdivision
    HOA
    • Has HOA: No
    Location
    • Region: Commerce City

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $351,000
    • Annual tax amount: $1,090
    • Date on market: 9/19/2023
    • Listing terms: Cash,Conventional,FHA
    • Exclusions: 2 Vehicles To Be Specifically Outlined In Purchase Contract If Not Removed Before Closing. Call Agent For Details.
    • Ownership: Individual

    Price history

    DateEventPrice
    10/24/2023Sold$285,000-8.1%$330/sqft
    Source: REcolorado as distributed by MLS GRID #5462523 Report a problem
    10/3/2023Pending sale$310,000$359/sqft
    Source: REcolorado as distributed by MLS GRID #5462523 Report a problem
    9/19/2023Listed for sale$310,000$359/sqft
    Source: REcolorado as distributed by MLS GRID #5462523 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,906 +75%$21,940 -4.6%
    2024$1,089 -0.1%$23,000 -7.3%
    2023$1,090 -1.3%$24,820 +30.1%
    2022$1,105 $19,080 -2.8%
    2021-- $19,620 +8.9%
    2020$1,612 $18,020 -0.3%
    2019$1,612 +32%$18,070 +36.6%
    2018$1,221 $13,230
    2017$1,221 $13,230 +115.1%
    2016-- $6,150
    2015$557 $6,150 +3.2%
    2014-- $5,960
    2013-- $5,960 -9.3%
    2012-- $6,570
    2011-- $6,570 +18%
    2010-- $5,570
    2009-- $5,570 -46.4%
    2008-- $10,400
    2007-- $10,400 -7.2%
    2006-- $11,210
    2005-- $11,210 +8%
    2004-- $10,380
    2003$793 +4%$10,380 +13.3%
    2002$763 +2.8%$9,160 +13.8%
    2001$742 $8,050
    2000-- $8,050
    Find assessor info on the county website

    Neighborhood: 80022

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rose Hill
    • Middle: Kearney
    • High: Adams City
    • District: Adams 14

    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
    $342,400
    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
    $342,400