Investment Potential for 575 S Olive Way

The property has a current estimated value of $787,740, which is 6% above the neighborhood median, based on public records. It last sold on May 09, 2016 for $578K. Projected long-term

is $34,800 annually ($2,900 per month) with a 95% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$577,500

Sold May 09, 2016

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$788K

($761K - $820K)

6% above neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Washington Virginia Vale.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$34,800 per year($2,900 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

95%in 80224 zip code

View Rental Potential

Owners & Occupancy for 575 S Olive Way

This property is owned by Philip J Reed. Owner contact information includes 8 phone numbers and 4 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$210,240

Purchased May 09, 2016

Number of Owners

1

Property Owners

Property Ownership Information

Purchase Date	May 09, 2016
Property Tax Amount	$4,411 in 2023
Purchase Price	$577,500

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	******************** age 28
Resident 2	************* age 66
Resident 3	****** age 76
Resident 4	***************** age 51

Property Details for 575 S Olive Way

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

Property Age

65 years

0 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

3,219 sq ft

52% above market

Lot Size

10,800 sq ft

41% above market

Price Per Sq Ft

Living Area

$245 / sq ft

32% below market

Lot Size Area

$73 / sq ft

20% below market

Property Information

Property condition, age, exterior, etc. for 575 S Oliv…

Land & Location Information

Longitude: -104.906993 Latitude: 39.70646 Parcel Number (APN): 6171-09-006…

Mortgage & Equity Information

Mortgage originated on through lender: Swbc Mtg Corp for$******View Mortgage Details

Recommended Properties in Washington Virginia Vale

Discover more single family homes near 575 S Olive Way in Denver, Colorado. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 25 - 50 Years
$559K - $599K
Est. Value
7072 E Arkansas Ave, Denver, CO 80224
3 beds · 1 baths · 1,802 sq ft · Last Sold: $127,500 in 1997 · Built: 1967
Owner Age 25 - 35
$707K - $760K
Est. Value
316 S Magnolia St, Denver, CO 80224
3 beds · 3 baths · 2,409 sq ft · Last Sold: $750,000 in 2020 · Built: 1964
Valued below Market Median
$601K - $651K
Est. Value
866 S Jersey St, Denver, CO 80224
3 beds · 3 baths · 2,383 sq ft · Last Sold: $461,000 in 2019 · Built: 1959
Owned for 15 - 25 Years
$560K - $608K
Est. Value
901 S Leyden St, Denver, CO 80224
1 beds · 2 baths · 1,763 sq ft · Last Sold: $288,000 in 2010 · Built: 1955
Owned for 10 - 15 Years
$604K - $646K
Est. Value
6501 E Dakota Ave, Denver, CO 80224
3 beds · 3 baths · 1,600 sq ft · Last Sold: $350,000 in 2013 · Built: 1962
Owned for 5 - 10 Years
$477K - $515K
Est. Value
417 S Locust St, Denver, CO 80224
2 beds · 1 baths · 1,432 sq ft · Last Sold: $320,000 in 2016 · Built: 1953
Valued above Market Median
$833K - $919K
Est. Value
481 S Magnolia St, Denver, CO 80224
3 beds · 3 baths · 3,072 sq ft · Last Sold: $393,000 in 2007 · Built: 1958
Owner Age Above 75
$569K - $604K
Est. Value
940 S Kearney St, Denver, CO 80224
3 beds · 2 baths · 1,701 sq ft · Built: 1970
Owned for 25 - 50 Years
$920K - $972K
Est. Value
657 S Grape St, Denver, CO 80246
3 beds · 3 baths · 1,823 sq ft · Built: 1960
Owned for 15 - 25 Years
$1.86M - $2.03M
Est. Value
346 S Glencoe St, Denver, CO 80246
3 beds · 3 baths · 3,919 sq ft · Last Sold: $457,500 in 2002 · Built: 1988
Owned for Less Than 5 Years
$714K - $779K
Est. Value
315 S Newport Way, Denver, CO 80224
3 beds · 3 baths · 2,452 sq ft · Last Sold: $615,000 in 2021 · Built: 1961
High Demand Long-Term Rental
$567K - $611K
Est. Value
938 S Jasmine St, Denver, CO 80224
3 beds · 3 baths · 2,126 sq ft · Last Sold: $430,000 in 2020 · Built: 1958
Owned for Less Than 5 Years
$538K - $596K
Est. Value
472 S Leyden St, Denver, CO 80224
2 beds · 2 baths · 1,634 sq ft · Last Sold: $425,000 in 2020 · Built: 1953
High Demand Long-Term Rental
$626K - $662K
Est. Value
1366 S Newport St, Denver, CO 80224
3 beds · 3 baths · 1,991 sq ft · Last Sold: $506,550 in 2019 · Built: 1964
Owned for 10 - 15 Years
$820K - $880K
Est. Value
411 S Ivy St, Denver, CO 80224
3 beds · 2 baths · 2,467 sq ft · Last Sold: $325,000 in 2013 · Built: 1961
Owner Age 65 - 75
$993K - $1.07M
Est. Value
5450 Vale Dr, Denver, CO 80246
3 beds · 3 baths · 1,960 sq ft · Last Sold: $81,000 in 1987 · Built: 1959
Owned for 5 - 10 Years
$838K - $903K
Est. Value
350 S Forest St, Denver, CO 80246
4 beds · 2 baths · 1,464 sq ft · Last Sold: $549,000 in 2020 · Built: 1956
Valued above Market Median
$888K - $951K
Est. Value
662 S Holly St, Denver, CO 80246
2 beds · 3 baths · 2,231 sq ft · Last Sold: $475,000 in 2019 · Built: 1959
Owned for 5 - 10 Years
$864K - $934K
Est. Value
464 S Niagara St, Denver, CO 80224
3 beds · 3 baths · 2,960 sq ft · Last Sold: $575,000 in 2016 · Built: 1958
Good value per sqft
$845K - $931K
Est. Value
6903 E Ohio Dr, Denver, CO 80224
4 beds · 3 baths · 3,589 sq ft · Last Sold: $405,000 in 2013 · Built: 1964

Market Benchmarks

Compare data for 575 S Olive Way in Denver County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$787,740

$745,987

$41,753 (6%)

$544,159

$243,581 (45%)

$******

$********

$***** (****%)

$655,038

$239,674 (37%)

YoY Price Change

****%

1.54%

179%

Year Built

1960

0 years

1987

-27 years

Living Space

3,219 sq ft

2,122 sq ft

1097 (52%)

1,760 sq ft

1459 (83%)

$ Per Living Sq Ft

$245

$358

-$113 (-32%)

$306

-$62 (-20%)

Lot Size

10,800 sq ft

7,640 sq ft

3160 (41%)

7,791 sq ft

3009 (39%)

$ Per Lot Sq Ft

$73

$92

-$19 (-20%)

$73

$0 (1%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*******

$**** (****%)

$23,713

-$3,678 (-16%)

Annual Revenue

$34,800

$33,600

$1,200 (4%)

$34,200

$600 (2%)

$*****

$**** (****%)

$10,269

$4,496 (44%)

Net Operating Income

$*****

$*******

$**** (****%)

$23,713

-$3,678 (-16%)

Cap Rate

****%

—

4.29%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Occupation	Brand Building, Owner and Operator, His Harvest Marketing
Cell Phone	(719) *-**View Cell Phone
Residence	**********
Landline	(303) 770-9123
Distance from Property	**********
Email Address	*******@comcast.netView Email

Property Condition	*******View Condition
Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	3.5
Year Built	1960
Building Sq Ft	3,219 sq ft
Lot Size	0 Acres
Living Space	3,219 sq ft
Ground Floor	2,116 sq ft
Basement	1,161 sq ft
Basement Type	Finished
Heating / Fuel	Hot Water
Roof Covering	Shake
Garage	Garage
Fireplace	Yes

Loan Amount	$******
Lender	Swbc Mtg Corp
Origination Date	May 13, 2016
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	*************
Equity	View Equity

APN	6171-09-006
Census Tract	0050032006
Municipality	Denver
County	Denver
Subdivision	Winston Downs Second Filing
Zoning	SSUF
Neighborhood	Washington Virginia Vale
Longitude / Latitude	-104.906993 / 39.70646
Lot Size	10,800 sq ft

575 S Olive Way Denver, CO 80224

property value

$787,740

neighborhood valuation

$745,987

market valuation

$692,978

investment intelligence

Investment Potential for 575 S Olive Way

rental income

property appreciation

Last Sale Amount

$577,500

property value

$788K

($761K - $820K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 575 S Olive Way

Occupancy

Appreciation Since Purchased

$210,240

Number of Owners

1

Property Owners

Philip J Reed, age **

Property Ownership Information

Occupancy

Property Details for 575 S Olive Way

Estimated Mortgage Balance

Estimated Equity

$******

Property Age

65 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in Washington Virginia Vale

$559K - $599K

Est. Value

7072 E Arkansas Ave, Denver, CO 80224

3 beds · 1 baths · 1,802 sq ft · Last Sold: $127,500 in 1997 · Built: 1967

$707K - $760K

Est. Value

316 S Magnolia St, Denver, CO 80224

3 beds · 3 baths · 2,409 sq ft · Last Sold: $750,000 in 2020 · Built: 1964

$601K - $651K

Est. Value

866 S Jersey St, Denver, CO 80224

3 beds · 3 baths · 2,383 sq ft · Last Sold: $461,000 in 2019 · Built: 1959

$560K - $608K

Est. Value

901 S Leyden St, Denver, CO 80224

1 beds · 2 baths · 1,763 sq ft · Last Sold: $288,000 in 2010 · Built: 1955

$604K - $646K

Est. Value

6501 E Dakota Ave, Denver, CO 80224

3 beds · 3 baths · 1,600 sq ft · Last Sold: $350,000 in 2013 · Built: 1962

$477K - $515K

Est. Value

417 S Locust St, Denver, CO 80224

2 beds · 1 baths · 1,432 sq ft · Last Sold: $320,000 in 2016 · Built: 1953

$833K - $919K

Est. Value

481 S Magnolia St, Denver, CO 80224

3 beds · 3 baths · 3,072 sq ft · Last Sold: $393,000 in 2007 · Built: 1958

$569K - $604K

Est. Value

940 S Kearney St, Denver, CO 80224

3 beds · 2 baths · 1,701 sq ft · Built: 1970

$920K - $972K

Est. Value