1588 Verbena St, Denver, CO 80220

1 bed1 bath550 sqft

Sold: $55,000
Sold on 06/20/14
Zestimate®: $90,734
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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THIS PROPERTY WILL NOT LAST!!!!! HUGE OPPORTUNITY!!! GREAT VALUE!!! One Bedroom One Bathroom and 550 sqft. Property is currently rented for $700 per month on a 1 year lease. Great CASH FLOW!!! Very well maintained property. Easy to Manage. Property is part of a portfolio: 1560 Verbena st, 1584 Verbena st and 1588 Verbena st. All 3 properties are in the same complex. NOTE: Photos are from 1584 Verbena St.

Facts

  • Lot: 1,742 sqft
  • Townhouse
  • Built in 1949
  • Cooling: None
  • Heating: Baseboard
  • Last sold: Jun 2014 for $55,000
  • Price/sqft: $100

Features

  • Flooring: Carpet

      Construction

      • Construction quality: 6.0
      • Exterior material: Brick
      • Roof type: Other
      • Room count: 3
      • # Stories: 1.0
      • Structure type: Other
      • Unit count: 1

      Other

      • Floor size: 550 sqft
      • Parcel #: 0133424029000
      • Zillow Home ID: 13290498

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $90,734
      +$224 Last 30 days
      $77K
      $104K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $989/mo
      -$18 Last 30 days
      $821
      $1.4K
      Zestimate range
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      Neighborhood

      Market guide

      Zillow predicts East Colfax home values will rise 5.1% next year, compared to a 4.6% rise for Denver as a whole. Among East Colfax homes, this home is valued 53.8% less than the midpoint (median) home, and is valued 53.1% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In East Colfax, the number of foreclosures waiting to be sold is 80.6% greater than in Denver, and 135.1% greater than the national average. This higher local number may prevent East Colfax home values from rising as quickly as other regions in Denver.

      Learn more about forecast calculations or East Colfax home values.
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