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3544 Tennyson St
Score
0
Denver, CO

3544 Tennyson St

1.1M
3 bd • 4 ba • 2,004 sf

This analysis was generated on 2/11/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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0:00 / 0:00
List Price

$1,150,000

Price/Sq.Ft

$574

Year Built

1905

AI Property Analysis

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

The Good

• Prime Location: The property is ideally located in West Highlands, within walking distance of Tennyson Street and 32nd Avenue, offering excellent access to shops, restaurants, and entertainment. • High-End Finishes: The home features modern luxury upgrades, including a Miele fridge, quartzite countertops, Kohler fixtures, and designer lighting, enhancing its appeal to discerning buyers. • En Suite Bathrooms: Each of the three bedrooms has its own full bathroom, a desirable feature that adds convenience and privacy. • Good Schools: The property is located near Edison Elementary School (8/10 rating) and Skinner Middle School (7/10 rating), making it attractive to families with children.

The Bad

• High Price per Square Foot: The price per square foot ($573.85) is significantly higher than the Denver metro average of approximately $450-$500, suggesting a premium valuation that may not be sustainable. • Days on Market: The property has been on the market for 188 days, which is considerably longer than the Denver average of around 30-60 days, potentially indicating overpricing or other issues. • Air Quality: The "Major" air quality risk (5/10) and 9 bad air days per year are concerning, especially for individuals with respiratory sensitivities. • Limited Square Footage: At 2,004 square feet, the property is relatively small for a 3-bedroom home in this price range, which may limit its appeal to some buyers.

The Ugly

• High Total Cost of Ownership: With a price of $1,150,000, estimated insurance of $4,140/year, and property taxes likely exceeding $6,000/year, the total annual cost of ownership could be over $50,000, excluding mortgage payments. • Potential for Hidden Repairs: Given the age of the home (built in 1905), there is a risk of encountering unexpected structural or system issues that could require costly repairs. • Low High School Rating: North High School, the assigned high school, has a relatively low rating of 4/10, which may be a concern for families with older children. • Price Reductions: Multiple price reductions (4.2% and 4.0% decreases) suggest that the property may be overpriced and struggling to attract buyers.

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

• Buyers Seeking a Walkable Lifestyle: The property's location provides immediate access to the shops and restaurants of Tennyson Street and 32nd Avenue, appealing to those who value convenience and neighborhood amenities. • Individuals Valuing Modern Design and Finishes: The updated kitchen, high-end fixtures, and designer lighting create a luxurious living environment for those who appreciate contemporary aesthetics. • Buyers Prioritizing En Suite Bathrooms: Each of the three bedrooms has its own full bathroom, which is ideal for households valuing privacy and convenience, such as roommates or multi-generational families. • Those Able to Handle Estimated Monthly Costs of $6,500+: Individuals who have evaluated their budgets and can manage these expenses without exceeding their personal debt-to-income preferences (around 33%)—including mortgage, taxes, and insurance.

Not For

• Buyers Seeking a Large Home: At 2,004 square feet, this property may not be suitable for buyers who want multiple living areas or larger square footage. • Buyers on Strict Budgets: The price per square foot is above the local average, and monthly carrying costs are relatively high. Those seeking lower monthly obligations or smaller overall expenses might find this less suitable. • Individuals Sensitive to Air Quality: With an air quality risk rating of 5/10 and an average of 9 bad air days per year, this location may not be ideal for individuals with respiratory issues. • Buyers Preferring Minimal Renovation: While the home has modern upgrades, its 1905 construction means potential for ongoing maintenance that may deter those seeking a truly turn-key property.
Demographics
Area Median Income

$100,373

Property History

Price History
Ownership Timeline
$0Cash Purchase
Jul 3, 2024
Austin Preiss3544 Tennyson Llc
Special Warranty Deed
Non-Arm's Length Transactions
$478,000Cash Purchase
Feb 8, 2023
Boost Properties LlcAustin Preiss
Special Warranty Deed
Standard Sale (Purchase/Resales)
$330,000Financed
Jun 30, 2021
Leonard Paul LathamBoost Properties Llc
Special Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$2,482
2024 Tax Assessment
21.9%from previous year
Assessed Value$32,030
Tax Rate7.75%

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Climate Risks

airMODERATE

9 bad air quality days per year

heatMINIMAL

7 extreme heat days per year

98th percentile: 93°F

windMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

fireMINIMAL

Insurance: Optional

Risk Analysis

• High Price per Square Foot: At $573.85 per square foot, the property is priced above the Denver average, potentially impacting long-term appreciation. • Air Quality: The "Major" air quality risk (5/10) and 9 bad air days per year could affect health and require air purification systems, adding to costs. • Days on Market: 188 days on market is significantly higher than the Denver average, suggesting pricing or other issues hindering the sale. • Older Home Risks: Built in 1905, the property may have hidden structural or system issues requiring costly repairs despite renovations. • Market Fluctuations: Denver's real estate market is subject to change; a downturn could impact property value.
Insurance
Annual Cost

$4,140

$345 per month

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Schools

Edison Elementary School

PublicGrades PK-5
8/5
Primary
0.2 mi
Get more information on GreatSchools

Skinner Middle School

PublicGrades 6-8
7/5
Middle
0.7 mi
Get more information on GreatSchools

North High School

PublicGrades 9-12
4/5
High
1.2 mi
Get more information on GreatSchools

Financials

Monthly Costs
Market Rent (3 bed)

$2,449

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,150,000
Price/sqft
$574
Layout
3 bd4 ba
Days on market
187 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,142,498

0.7%

Your price is 0.7% above average

Median Price

$1,250,000

8.0%

Based on 6 recent sales

Price per Sq.Ft

$502

14.3%

Your price is 14.3% above average $/sqft

Comparable Properties

2648 Ames Street, Edgewater, CO 80214
Price: $1,250,000
Sq.Ft: 2,302
Beds/Baths: 3/4
$/Sq.Ft:
$5435.4%
Sale Date: 10/23/2024
4521 N Raleigh Street, Denver, CO 80212
Price: $1,265,000
Sq.Ft: 2,381
Beds/Baths: 3/4
$/Sq.Ft:
$5317.4%
Sale Date: 10/25/2024
2580 Benton Street, Edgewater, CO 80214
Price: $1,075,000
Sq.Ft: 2,288
Beds/Baths: 3/4
$/Sq.Ft:
$47018.1%
Sale Date: 10/4/2024
3775 Benton Street, Wheat Ridge, CO 80212
Price: $690,480
Sq.Ft: 1,873
Beds/Baths: 3/4
$/Sq.Ft:
$36935.8%
Sale Date: 9/4/2024
3930 Raleigh Street, Denver, CO 80212
Price: $1,399,505
Sq.Ft: 2,343
Beds/Baths: 3/4
$/Sq.Ft:
$5974.1%
Sale Date: 10/7/2024
3862 Stuart Street, Denver, CO 80212
Price: $1,175,000
Sq.Ft: 2,355
Beds/Baths: 4/4
$/Sq.Ft:
$49913.1%
Sale Date: 9/17/2024

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