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$1,759,900   Price Analysis
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2445 S Jackson St
Denver, CO 80210
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.41 acre lot.
Listed 2024-02-29, Taxes $6,726
Ⓧ USDA Ineligible
due to property

near Denver

UNIQUE BUILDING OPPORTUNITY!

18, 000 SF lot for sale- You rarely see a lot this size for sale in Denver anymore. It fits all zoning requirements to be split into two 9, 000 SF lots- Still extra large compared to the 6250 SF and 7500 SF lots most common in Observatory Park. POSSIBILITIES: You could knock down the house and finalize the lot split and sell both lots for the neighborhood market value ($1, 250, 000-$1, 350, 000) 2) Split the lot into two 9, 000 SF lots, build for yourself on one side & sell the other. 3) Split the lot & build 2 new luxury spec homes on one of Denver's prettiest streets for huge profit potential. Zoning allows for a typical new build size for the neighborhood nd the average price for new homes built since 2022 is $3.2M for an average. 4) or build one huge luxury home on this gorgeous oversized lot for yourself or a custom client.

This portion of Jackson Street is often described as a country lane in the city. The cottonwood tree-lined street has no cross streets & a permanent exemption from sidewalk requirements. There's already a temporary 2nd address from the city; a survey showing all information the city needs to sub-divide; asbestos testing results & certificate showing all interior asbestos was removed. The lot has 2 curb cuts & 2 gates, a newer water line & a new circular driveway that can easily be modified to be reused for 2 new homes. There's a privacy fence in the backyard & original stately wrought iron fencing around the front. A 2 year old home down the street recently sold for $3.245M on a slightly smaller lot. Observatory Park's highest price sale is $5.396M. The median price per square foot for homes built since 2021 was $859 PSF above ground & $578 PSF total - sod in a median of 36 days. Observatory Park is a premier Denver neighb orhood with 2 parks & a exceptional location right between downtown Denver & the Denver Tech Center. This property is ready for redevelopment @ an excellent price!


Presented by Jill Schafer at
MADISON AND COMPANY PROPERTIES.
Listing Agent Photo

Property MLS #3357179 from REcolorado

Attached Garage: Yes
Garage Spaces: 2
Parking Features: Circular Driveway, Concrete, Exterior Access Door, Lighted, Oversized, Storage
Parking Total: 2

Fencing: Full
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

Lot Description: Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Subdividable
Lot Size Acres: 0.41
Lot Size Dimensions: 100 x 180
Vegetation: Grassed, Oak, Pine
Lot Size Square Feet: 17860

Elementary School District: Denver 1
High School District: Denver 1
Middle or Junior School District: Denver 1

University Park Elementary School is a public elementary school located approximately 0.4 miles away.
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Merrill Middle School is a public middle school located approximately 1.1 miles away.
directions icon Map directions

South High School is a public high school located approximately 1.8 miles away.
directions icon Map directions

Most Precious Blood School is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 6968.00
Source Listing Status: Active
County: Denver
Current Use: Residential
Directions: I-25, go south on Colorado BLVD. to Ill. turn west (right) on Iliff. our south (left) on Jackson St. The property is located midway between Iliff and Yale on the WEST side of the street.
Tax Year: 2022
Source Property Type: Land
Exclusions: If buyer is planning to scrape, seller has the right to remove any and all items from the house and property including, but not limited to, all appliances, lighting, cabinetry, mirrors and shower glass
Possible Use: Residential
Source Neighborhood: Observatory Park
Parcel Number: 5254-37-030
Subdivision: Observatory Park
Zoning: S-SU-D
Property Subtype: Subdividable
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$70 + $90,070
$90,140
$6,726
2020$3,460 + $61,630
$65,090
$4,829
2019$3,460 + $61,630
$65,090
$4,694
2018$2,460 + $47,740
$50,200
$3,883
2017$2,460 + $47,740
$50,200
$3,872
2016$3,940 + $52,780
$56,720
$4,625
2015$3,940 + $52,780
$56,720
$4,431
2014$4,880 + $34,600
$39,480
$3,278
2013$4,880 + $34,600
$39,480
$3,280
2012$12,078 + $29,802
$41,880
$3,520
2010$12,078 + $29,802
$41,880
$3,474
2009$22,368 + $29,802
$52,170
$3,398
2008$22,368 + $29,802
$52,170
$3,379
2007$20,798 + $29,802
$50,600
$3,385

Price Changed 2024-04-04
$1,759,900
REcolorado
Price Changed 2024-04-04
$1,759,900
REcolorado
Listed 2024-02-29
$1,799,900
REcolorado
Listed 2024-02-15
$1,799,900
REcolorado
Listing removed 2024-01-24
$0
REcolorado
Listing removed 2024-01-24
$0
REcolorado
Price Changed 2024-01-10
$1,949,900
REcolorado
Price Changed 2024-01-10
$1,949,900
REcolorado
Relisted 2023-11-17
$2,000,000
REcolorado
Listing removed 2023-11-07
$0
REcolorado
Listed 2023-10-25
$2,000,000
REcolorado
Listed 2023-10-25
$2,000,000
REcolorado
Listing removed 2019-10-17
$0
REcolorado
Price Changed 2019-09-14
$1,350,000
REcolorado
Listed 2019-09-09
$1,440,000
REcolorado
Sold 2001-05-03
$640,000
Public Record
Sold 2001-04-12
$565,000
Public Record
Sold 1997-12-03
$387,500
Public Record
Sold 1992-08-21
$240,000
Public Record
Sold 1989-10-02
$192,000
Public Record
Sold 1977-04-01
$110,000
Public Record

Electric: 110V, 220 Volts
Sewer: Public Sewer
Cable Available
Electricity Available
Electricity Connected
Internet Access (Wired)
Natural Gas Available
Natural Gas Connected
Phone Available
Phone Connected
Sewer Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.