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298 West Powers Avenue

298 West Powers Avenue, Littleton, CO 80120
Property in Arapahoe
Sold Nov 12, 2020
$3,175,000
Sold Jul 23, 2014
$1,495,000
$1,121,250 by Colorado Business Bank
Mortgage
298 West Powers Avenue in Littleton, CO was first built in 1960 and is 64 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 29 are bedrooms. In terms of bathrooms, there are a total of 21 full bathrooms. There are 21 partial bathrooms. 298 West Powers Avenue has 17,640 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 5,880 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,120 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 16,030 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a flat style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing a hot water heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 298 West Powers Avenue was last sold in Nov 9, 2020 for $3,175,000. According to our calculations, that's $179.99 per sqft. Prior to that sales transaction, the property was sold for $1,495,000 in Jul 16, 2014. Current property owners are expected to pay $17,397 in taxes per year. The property on 298 West Powers Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $207,366. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 29
  • Bathroom Count: 21
  • Full Bathrooms: 21
  • Partial Bathrooms: 21
  • Bathroom Plumbing Fixtures: 65
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 21
  • Business/Commerical Units Count: 24
  • Basement Type: Finished improved basement
  • Basement Area: 5,880
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,030
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 17,640
  • Gross Building Area: 17,712
  • Building Area: 17,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Hot water
  • Heated Square Feet: 17,640
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN SUB
  • Land Acres: 0.368
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 6 & W 1/2 OF 7 BLK 2 LINCOLN SUB

Ownership

  • Current Owner : OPT MANAGEMENT GROUP LLC
  • Previous Owner : 298 POWERS LLC
  • Owner Before Previous Owner: TGP HOLDING COMPANY LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Littleton School District 6
  • School Tax School District: LITTLETON SCHOO
  • Census Tract: 006601

Geography

  • Assessors Map Reference: 78-L
  • Account Number: 032039353
  • Parcel: 2077-15-3-09-010
  • Block: 2
  • Lot: 6
  • Meridian: SEC 15 QTR 3 TWN 5S RNG 68W
  • Municipality: RE & PP
  • Latitude: 39.6148
  • Longitude: -104.992

    Address

  • Full Address: 298 W Powers Ave
  • Address - House Number: 298
  • Street Direction: W
  • Address - Street Name: Powers
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Littleton
  • Carrier Code: C012
  • 4-Digit Zip Code: 1757
  • Zip Code: 80120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,397
  • Tax Rate Code Area: 09-900

    Appraisal Valuation

  • Standard Deviation: 0.2874
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 42
  • Final Value: 2,864,206
  • High Value: 3,687,528
  • Low Value: 2,040,883

    Market Valuation

  • Market Total Value: $3,150,000
  • Market Land Value: $472,500
  • Market Improvement Value: $2,677,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,366

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11799366165
  • Current Sale Price: $3,175,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: E0155604
  • Previous Sale Recording Date: Jul 23, 2014
  • Previous Sale Contract Date: Jul 16, 2014
  • Previous Sale Amount: $1,495,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF COLORADO
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 09, 2030

    Previous Mortgages

  • Previous Mortgage Lender: COLORADO BUSINESS BANK
  • Previous Mortgage Transaction Date: Jul 23, 2014
  • Previous Mortgage Loan Amount: $1,121,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Littleton



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Frequently Asked Questions

What neighborhood is 298 West Powers Avenue located in?
The 298 West Powers Avenue is a located in the neighborhood of Arapahoe in Littleton, Littleton.
What is the average sales price for listings in 298 West Powers Avenue?
The average sales price for units in 298 West Powers Avenue is $0 currently.

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