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2518 S Kearney St
Score
0
Denver, CO

2518 S Kearney St

849K
4 bd • 3 ba • 2,850 sf

This analysis was generated on 1/16/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$849,000

Price/Sq.Ft

$298

Year Built

1963

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

The property is a beautifully updated ranch-style home located in a desirable Denver neighborhood, offering a spacious 2,850 square feet of living space on a large 10,000 square foot lot. Its proximity to Cherry Creek Schools, parks, trails, and shopping centers makes it highly convenient. The open floor plan, new windows, and mature landscaping add significant value. Seller financing at below-market rates is a unique opportunity for qualified buyers.

The Bad

The home's estimated value is significantly lower than the listing price, which could be a concern for potential buyers regarding investment value. Additionally, the property is currently vacant and not owner-occupied, which may lead to maintenance issues if not properly managed.

The Ugly

The property is located in a flood zone, albeit an area of minimal flood hazard, which may require flood insurance, increasing ownership costs. The history of non-arm's length transactions could also raise questions about the property's transaction history.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for families looking for a home in a top-rated school district and those who appreciate a mix of modern amenities and classic charm. It's also suitable for buyers interested in a turnkey property with potential seller financing benefits.

Not For

This property may not be suitable for first-time buyers or investors looking for properties below market value. Buyers concerned about flood risks or those unwilling to pay a premium above the estimated value should also consider other options.
Demographics
Area Median Income

$78,585

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jan 29, 2024
Nancy J HostetlerH And S Joint Revocable Trust
Warranty Deed
Non-Arm's Length Transactions
$299,900Financed
Nov 10, 2003
Lance R HeckelNancy J Hostetler
Warranty Deed
Standard Sale (Purchase/Resales)
$228,500Financed
Jul 28, 2000
Yvonne B SylvanLance R Heckel
Warranty Deed
Standard Sale (Purchase/Resales)

Sunlight Analysis

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Sunlight Analysis

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Financials

Monthly Costs
Market Rent (4 bed)

$1,390

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$849,000
Price/sqft
$298
Layout
4 bd•3 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$746,771

13.7%

Your price is 13.7% above average

Median Price

$869,000

2.3%

Based on 6 recent sales

Price per Sq.Ft

$281

6.0%

Your price is 6.0% above average $/sqft

Comparable Properties

1922 S Oneida Street, Denver, CO 80224
Price: $995,000
Sq.Ft: 2,511
Beds/Baths: 4/3
$/Sq.Ft:
$39633.0%
Sale Date: 11/14/2024
2961 S Rosemary Street, Denver, CO 80231
Price: $580,000
Sq.Ft: 2,741
Beds/Baths: 4/3
$/Sq.Ft:
$21229.0%
Sale Date: 9/30/2024
6924 E Wesley Avenue, Denver, CO 80224
Price: $911,624
Sq.Ft: 2,726
Beds/Baths: 5/3
$/Sq.Ft:
$33412.3%
Sale Date: 9/12/2024
2202 S Grape Street, Denver, CO 80222
Price: $450,000
Sq.Ft: 2,402
Beds/Baths: 5/3
$/Sq.Ft:
$18737.1%
Sale Date: 10/16/2024
5670 E Amherst Avenue, Denver, CO 80222
Price: $675,000
Sq.Ft: 2,573
Beds/Baths: 4/3
$/Sq.Ft:
$26211.9%
Sale Date: 9/23/2024
3064 S Niagara Way, Denver, CO 80224
Price: $869,000
Sq.Ft: 2,929
Beds/Baths: 5/3
$/Sq.Ft:
$2970.4%
Sale Date: 8/27/2024

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