1 month on rocket

1625 N Downing St, Denver, CO, 80218

$1,625,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
4 Baths
5,716 SqFt
$284/SqFt
Multi
Schools Nearby

Location

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1625 N Downing St, Denver$1,625,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingAsphalt, Lighted
Year Built1901
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #4897453
Lot Size0.17 Acres
StatusActive

About 1625 N Downing St

Gorgeous turn of the century Denver Mansion. They don't build them like this anymore. 100% leased - however possibility for owner use if they desire. Original wood detail and stained glass windows, fireplace tiling, full brickwork, 2nd floor balconies and more in this 1901 Frank Edbrooke Classic designed all brick and stone 5,613 SF mansion in the heart of the Historic Swallow Hill District. The neighborhood is diverse with office and residential with plenty of retail conveniences on 17th and on 15th nearby. Extra large lot is 7,300SF which includes a parking lot off the alley with 9 spaces, large back deck, large front porch and gardens, as well as a fully fenced side yard. The price includes a $150K basement remodel recently completed with a renter in place beginning May 1. The price has been reduced this past week for quick sale.Class A building at 5.5% cap rate with G-RO-3 zoning. This building could offer potential for an owner/user or additional future income or development/expansion. Three levels have been updated with new flooring keeping original on main floor, claw foot tubs on all levels, 5 fireplaces - could easily add gas inserts. 2 furnaces, 2 AC units. fully landscaped with sprinklers. Roof is in good condition but not new. Brickwork has been maintained but trim could use exterior paint this year. Current Property Taxes are based on prior commercial use. Seller is in process of change of use to residential for entire building and taxes would be significantly lower and also allow a rebate of prior years taxes as well. Possible Uses for this G-RO-3 zoned historic home are 1. multi-family any number of units up to 3 stories, 2. Office 3. Retail or light manufacturing- coffee shop/boutique/daycare/dog grooming/ bar/restaurant/medical/spa/etc. 4. Single family home - add a garage in back or possible ADU with garage underneath (continue to rent basement and/or attic for additional income) Call the listing agent directly for all showings.

Property Details

Property Features

Property Information:

  • Architectural Style: Denver Square, Victorian
  • Year Built: 1901
  • Living Area: 5,716 SqFt

Listing Office:

  • Office Name: NextHome Summit Group
  • Office Email: darla@nexthomesummitgroup.com
  • Listing Agent: Darla Greenwaldt

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave
  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Lighted

Lot Features

Lot Information:

  • Lot: Historic, Landscaped, Level, Many Trees, Near Public Transit
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Bruce Randolph School, Public District Grades 6-12
  • Cole Arts and Science Academy, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,625,000
  • Price Per SqFt: $284/SqFt

Tax Information:

  • Annual Amount: $20,206
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$628.2K

Med. Price/SqFt

$396

Avg. Days On Market

29

# of Sold Homes

829

1625 N Downing St vs Denver

31 DAYS ON ROCKET

+2 Days

$1,625,000

+$996.7K More

$284/SqFt

-$112 Less

KEY TAKEAWAY

This property is $996.7K more than the Median Sold Price and $112/SqFt less than other homes in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #4897453

Listing Office:

  • Office Name: NextHome Summit Group
  • Office Email: darla@nexthomesummitgroup.com
  • Listing Agent: Darla Greenwaldt

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 6:12:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 10, 2021Home Sold
$1,524,500
Dec 24, 2012Home Sold
$747,700
Oct 11, 1999Home Sold
$520,000

Tax History

YEARPROP. TAXASSESSMENT
2020$20,206$272,340
2019$20,347$272,340
2018$20,286$263,000
2017$16,391$263,000

History based on county public records data.

Payment Calculator

$8,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,938

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5501766
8
/10
  • Cole Arts and Science Academy

  • 3240 Humboldt St

  • 1.44 miles

  • Public District Grades PK-5

High School

school-card-donut-5501767
7
/10
  • East High School

  • 1600 City Park Esplanade

  • 0.95 miles

  • Public District Grades 9-12

school-card-donut-5501768
3
/10
  • Bruce Randolph School

  • 3955 Steele St

  • 2.41 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,417. The majority of Denver, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoDenver CountyDenver802181625 N Downing St

This home is located at 1625 N Downing St in Denver, CO and zip code 80218 in the North Capitol Hill / Uptown neighborhood. This 5,716 square foot home, which was built in 1901, sits on a 0.17 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $1,625,000.

While more than 285 listings in Denver, CO in April 2024 were sold above asking price, there were more than 198 listings sold at asking price, and more than 346 were sold below. Between March 2024 and April 2024, Denver, CO real estate market has seen increase in the number of listings by 47.9%. The median list price of listings available in April 2024 was $628,229, while the average time on the real estate market was 29 days.

From Rocket Homes Real Estate and based on county public records data.

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