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Sold for $640,000
  • $640,000

    586 S Olive Way, Denver, CO 80224

    3beds
    3,179sqft
    Single Family Residence
    Built in 1961
    10,000 Square Feet Lot
    $630,400 Zestimate®
    $201/sqft
    $3,305 Estimated rent

    Home value

    $630,400

    $599,000 - $662,000

    $3,305/mo

    Zestimate® history
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    What's special

    One of the most charming and unique homes in coveted Winston Downs, close to Lowry, Cherry Creek North, schools, shops, parks and trails. Not just an investor special, but an investor dream. So much character and charm throughout. First time on the market in more than 50 years. The hardwood floors feel brand new after having been covered for decades. Marvel at the two-sided fire place, walls of glass, classic wood paneling, sauna, brick interior walls and unbelievable covered outdoor patio space. And did someone say sunken fireplace conversation pit in the family room?! Check. The main floor boasts 3 beds, 2 baths, an expanded primary, and a super swank addition off the dining room that opens to the back patio. Basement has 1B/1b, a large family room, sauna, and storage. Enjoy a large 2 car garage and a clean, prime 10,000 SF lot on a quiet block. Owner occupy and tailor finishes as you go, or refinish to resell. This is not your ordinary 60s ranch.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amie Mackenzie 720-353-3833 amackenzie@livsothebysrealty.com,

    LIV Sotheby's International Realty,

    Aaron Luttrell 303-748-3200,

    LIV Sotheby's International Realty

    Bought with:

    Aaron Schweid, 100111861

    MB The Real Estate Firm

    Source: REcolorado as distributed by MLS GRID,MLS#: 5166956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Features: Primary Suite
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Features: En Suite Bathroom, Primary Suite
    • Level: Main
    Bathroom
    • Level: Main
    Bathroom
    • Level: Basement
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Heating
    • Hot Water
    Cooling
    • Air Conditioning-Room
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
    • Laundry: In Unit
    Features
    • Sauna
    • Basement: Finished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,179
    • Total interior livable area: 3,179 sqft
    • Finished area above ground: 2,195
    • Finished area below ground: 984

    Property

    Parking
    • Total spaces: 4
    • Parking features: Concrete
    • Attached garage spaces: 2
    • Details: Off Street Spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 10,000 Square Feet
    • Features: Level
    Details
    • Parcel number: 617108012
    • Zoning: S-SU-F
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Community
    • Subdivision: Winston Downs Second Filing
    HOA
    • Has HOA: No
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $804,700
    • Annual tax amount: $3,801
    • Date on market: 9/17/2026
    • Listing terms: Cash,Conventional
    • Exclusions: Seller's Personal Property And Staging Items
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/5/2026Sold$640,000+2.4%$201/sqft
    Source: REcolorado as distributed by MLS GRID #5166956 Report a problem
    9/21/2026Pending sale$625,000$197/sqft
    Source: REcolorado as distributed by MLS GRID #5166956 Report a problem
    9/17/2026Listed for sale$625,000$197/sqft
    Source: REcolorado as distributed by MLS GRID #5166956 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,837 +2.2%$56,740 +17.1%
    2024$3,754 +24.5%$48,450 -6.1%
    2023$3,016 +3.6%$51,620 +36.1%
    2022$2,912 +36.4%$37,930 -2.8%
    2021$2,135 +2.9%$39,020 +8.6%
    2020$2,076 +2%$35,929 -0.7%
    2019$2,034 $36,180 +8%
    2018$2,034 +0.3%$33,490
    2017$2,028 +5%$33,490 +2.4%
    2016$1,932 +23.3%$32,690 -5.3%
    2015$1,567 0%$34,510 +28.6%
    2014$1,568 -4%$26,830
    2013$1,634 -16.4%$26,830 -2%
    2012$1,953 +0.2%$27,390
    2011$1,949 +2.2%$27,390 -6.4%
    2010$1,907 +29.6%$29,270
    2009$1,471 -0.2%$29,270 -2.4%
    2008$1,474 +19.1%$29,990 -5%
    2007$1,237 -29.3%$31,560 +19.4%
    2006$1,750 +1.4%$26,440
    2005$1,727 +68.7%$26,440 -6.2%
    2003$1,024 -33.6%$28,180 +7.4%
    2002$1,542 $26,250 +21.4%
    2001-- $21,630
    Find assessor info on the county website

    Neighborhood: Washington Virginia Vale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Denver Green
    • Middle: Denver Green
    • High: George Washington
    • 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

    $630,400

    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

    $630,400