561 Drake St, Denver, CO 80221

4 beds, 2 baths, 925 sqft
Sold: $115,000
Sold on 12/19/13
Zestimate®: $126,906
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My Notes
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Here is a listing that is an approved short sale. The last buyer's got us to this point and then the deal fell apart. We absolutely have to close by December 12th, 2013. It's is a cash only transaction. This is a bi-level home conveniently located across the street from a school. It has structural issues with the foundation and I had a bid from Colorado Basement Systems to give you a good idea of what the house needs.
 
Facts
  • Lot: 8,362 sqft
  • Single Family
  • Built in 1971
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Dec 2013 for $115,000
  • Price/sqft: $124
Features
  • Finished basement, 925 sqft
  • Fireplace
  • Parking: Off street, 3 spaces
Construction
  • Construction quality: 6.0
  • Roof type: Other
  • Room count: 7
  • # Stories: 2.0
  • Unit count: 1
Other
  • Floor size: 925 sqft
  • Last remodel year: 1971
  • Lot depth: 113
  • Lot width: 74
  • Parcel #: R0069994
  • Zillow Home ID: 13000062
Home Values
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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

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$126,906
-$31,459 Last 30 daysd
$115K
$137K
Zestimate range
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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
$1,428/mo
+$10 Last 30 daysd
$1.1K
$1.8K
Zestimate range

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Neighborhood for 561 Drake Street

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Zillow predicts 80221 home values will increase 4.3% next year, compared to a 4% rise for Sherrelwood as a whole. Among 80221 homes, this home is valued 31.2% less than the midpoint (median) home, and is valued 31.5% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 80221 market, the number of foreclosures waiting to be sold fell 17.1% in the last year. The number of unsold foreclosures is 36.6% lower than in Sherrelwood, and 37.2% higher than the national average. This lower local number could help 80221 home values rise more quickly than other regions in Sherrelwood.

Learn more about forecast calculations or 80221 home values.
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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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