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Sold for $762,000
  • $762,000

    81 S Newland Court, Lakewood, CO 80226

    4beds
    4baths
    2,163sqft
    Duplex
    Built in 1972
    -- sqft lot
    $722,200 Zestimate®
    $352/sqft
    $1,874 Estimated rent

    Home value

    $722,200

    $679,000 - $766,000

    $1,874/mo

    Zestimate® history
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    $1,874/mo

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    $1,874/mo

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    $4,426/mo

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    $4,426/mo

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    What's special

    Introducing a prime opportunity to start building your real estate empire with this impressive duplex located near Belmar shopping and O'Kane Park in Lakewood. This investment package includes both units, featuring two spacious 2-bedroom, 1.5-bath residences, each boasting 1,081 square feet of comfortable living space. Enjoy the pleasant Colorado weather on large covered patios, perfect for relaxation on warm days. The potential of this property extends even further with the opportunity to add an office or bedroom by enclosing a portion of the patios or the generously-sized 2-car garages that come with each unit. The oversized garages provide ample space for cars and a workshop, catering to your diverse needs. The charm of this property continues into the fenced backyards, ideal for kids and pets to play safely. Numerous updates, showcased in the provided photos, enhance the appeal of both units. Enjoy the convenience of air conditioning and updated windows in both sides, ensuring a comfortable living environment. The 81 side boasts recent updates, including an updated kitchen, refreshed baths, fresh paint, and a newer furnace. This unit is vacant and move in ready! This duplex offers a smart investment strategy, allowing for the possibility of living in one side while renting out the other. The south unit (83) already has a great, long-term tenant eager to stay, making this property highly rentable. With its attractive features and strategic location, this property is poised to command premium rents in the area. SELLER IS OFFERING A $15,000 CONCESSION TO THE BUYER FOR INTEREST RATE BUYDOWN. Don't miss out on this exceptional chance to start or expand your rental property portfolio. Act now and make this property the foundation of your real estate success.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad Uhlig 720-989-7727 brad@westpeakproperties.com,

    West Peak Properties

    Bought with:

    Lyna Nguyen, 40042791

    Brokers Guild Real Estate

    Source: REcolorado as distributed by MLS GRID,MLS#: 3238511MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Water Heater, Range, Range Hood, Refrigerator
    Features
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,163
    • Total interior livable area: 2,163 sqft
    • Finished area above ground: 2,163

    Property

    Parking
    • Total spaces: 8
    • Parking features: Concrete
    • Attached garage spaces: 4
    • Details: Off Street Spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered
    • Exterior features: Private Yard
    • Fencing: Full
    Lot
    • Size: 0.27 Acres
    • Features: Level, Subdividable
    Details
    • Parcel number: 002826
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Alliance Park Sub
    HOA
    • Has HOA: No
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $700,811
    • Annual tax amount: $3,128
    • Date on market: 9/14/2023
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: Tenant Owned Personal Property
    • Ownership: Individual
    • Tenant pays: Electricity, Gas, Trash Collection

    Price history

    DateEventPrice
    1/25/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/20/2023Listed for rent$2,875+51.4%$1/sqft
    Source: Zillow Rentals Report a problem
    11/20/2023Sold$762,000-4.7%$352/sqft
    Source: REcolorado as distributed by MLS GRID #3238511 Report a problem
    10/21/2023Pending sale$799,500+255.3%$370/sqft
    Source: REcolorado as distributed by MLS GRID #3238511 Report a problem
    7/3/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/1/2022Listed for rent$1,899$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/16/1998Sold$225,000+16%$104/sqft
    Source: Public Record Report a problem
    7/21/1997Sold$193,950$90/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,992 +0.5%$43,801 +7.2%
    2024$3,973 +27%$40,876
    2023$3,128 -3.6%$40,876 +29.7%
    2022$3,246 +10.7%$31,513 -4.9%
    2021$2,932 $33,135 +10.3%
    2020$2,932 +1.2%$30,052
    2019$2,897 +15.4%$30,052 +19%
    2018$2,510 $25,251
    2017$2,510 +14.3%$25,251 +9.1%
    2016$2,196 $23,147
    2015$2,196 +18.8%$23,147 +27.7%
    2014$1,849 +2.3%$18,125
    2013$1,807 +1.9%$18,125 +1.4%
    2012$1,773 -15.1%$17,878
    2011$2,088 +0.2%$17,878 -15.6%
    2010$2,085 -12.2%$21,180
    2009$2,374 +0.2%$21,180 -12%
    2008$2,369 +13%$24,060
    2007$2,096 +2.2%$24,060 +14%
    2006$2,051 -0.7%$21,110 +1.4%
    2005$2,066 +8.5%$20,810
    2004$1,904 -1.1%$20,810
    2003$1,925 +1.4%$20,810 +0.2%
    2002$1,897 -1.1%$20,760 +11.7%
    2001$1,919 -0.4%$18,580
    2000$1,928 $18,580
    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
    $722,200
    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
    $722,200