Denver, CO 80203,525 Pearl ST
Denver, CO 80203,525 Pearl ST
Denver, CO 80203,525 Pearl ST
Denver, CO 80203,525 Pearl ST
Denver, CO 80203,525 Pearl ST
Denver, CO 80203,525 Pearl ST
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$950,000

$855,000

11.1%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

2,190 SqFt


SOLD DATE : 06/08/2022

Key Details

Sold Price $950,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,190 sqft

Price per Sqft $433

Subdivision Alamo Placita

MLS Listing ID 6072486

Sold Date 06/08/22

Style Bungalow, Cottage, Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board recolorado

Year Built 1927

Annual Tax Amount $4,079

Tax Year 2021

Lot Size 4,356 Sqft

Acres 0.1

Property Description

This 1927 Alamo Placita gem has the charm of a Denver bungalow but updated with big bedrooms with huge closets. The main level has two bedrooms, living and dining area with gorgeous built-ins around the fireplace, kitchen (with an original sitting nook!), and a flex space that has been used as an office. Downstairs is finished with a huge living area, bedroom, kitchenette, and a large bathroom with a soaking tub. Both levels have working and updated gas fireplaces, forced heat, and central AC to keep up with Denver’s weather changes. The house has smart features powered by a high-speed fiber optic internet connection, Google Nest cameras, and Orbi WiFi mesh network - all of which can stay in the home. The large backyard has low-maintenance flagstone, with an automated sprinkler system for plants, a giant shady tree, picnic table, and an additional seating area. Fantastic to have this much private outdoor space so close to downtown! The RH-2.5 zoning will also allow an ADU to be built on this property! There is a two car garage with tons of storage, as well as additional parking for two more cars off-street so guests will always have a place to park when they visit, and visit they will! The home is in a gorgeous neighborhood located within walking distance of Trader Joe's, Safeway, Angelo's, Pablo's Coffee, Don’s, Carboy Winery, The Logan, Uno Mas, The Odyssey, Table 6, the Cherry Creek Trail, and much more! The owners of the property hosted a very successful Airbnb in the lower level that brought in over $30K a year paying the mortgage while they lived on the main floor! You can see the listing here: https://tinyurl.com/525Pearl. Whole home has recently been rented for $3500 per month, giving you over a 4% cap rate should you want to buy the home as an investment property.

Location

State CO

County Denver

Zoning U-RH-3A

Rooms

Basement Finished, Full

Main Level Bedrooms 2

Interior

Interior Features Breakfast Nook, Ceiling Fan(s), High Speed Internet, Radon Mitigation System, Smart Ceiling Fan, Smart Thermostat, Smoke Free

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Vinyl, Wood

Fireplaces Number 2

Fireplaces Type Basement, Gas, Insert, Living Room, Recreation Room

Fireplace Y

Appliance Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Humidifier, Microwave, Oven, Refrigerator, Washer, Water Purifier

Laundry In Unit

Exterior

Exterior Feature Private Yard, Rain Gutters

Garage Concrete, Driveway-Gravel, Smart Garage Door, Storage

Garage Spaces 2.0

Fence Full

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected

Roof Type Architecural Shingle

Parking Type Concrete, Driveway-Gravel, Smart Garage Door, Storage

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Block, Brick, Concrete, Other

Schools

Elementary Schools Dora Moore

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by RE/MAX PROFESSIONALS
Bought with Your Castle Real Estate Inc
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