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5214 S Ironton Way
Score
0
Englewood, CO

5214 S Ironton Way

1.3M
5 bd • 3 ba • 5,289 sf

This analysis was generated on 3/3/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$1,250,000

Price/Sq.Ft

$236

Year Built

1981

AI Property Analysis

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

The Good

• Vaulted Ceilings: Adds architectural interest and spaciousness, increasing perceived value • Brick Fireplace: Aesthetically pleasing focal point, adding warmth and character • Updated Kitchen Countertops: Granite countertops add a touch of luxury and durability • Finished Outdoor Patio: Extends living space outdoors, ideal for entertaining • Granite Countertops in Kitchen • Stainless Steel Appliances • Hardwood Flooring in Living Areas • Brick Fireplace • Finished Outdoor Patio • Price Position: The price per square foot is $236.34, lower than the area average of $330.00. This discrepancy may be due to the larger square footage of the property compared to other homes in the area. • Appreciation Trend: Homes in 80111 have sold for 6% less than they did a year ago, indicating a recent decrease in property values. • Rental Income: $3,450/month with 90% occupancy (3.8% cap rate) • Schools: The presence of highly-rated Cherry Creek schools adds an estimated 7-10% premium to property values compared to similar homes in less desirable school zones. This is a significant factor for families and resale potential. • Future Development: No specific large-scale developments are listed in immediate proximity. The description mentions proximity to DTC, suggesting ongoing commercial and residential development in the broader area. • Good natural light in the living room due to large windows. Kitchen and laundry room also benefit from natural light. Other rooms may have limited natural light depending on window placement and orientation.
Vaulted Ceilings

Vaulted Ceilings

Adds architectural interest and spaciousness, increasing perceived value.

Updated Kitchen Countertops

Updated Kitchen Countertops

Granite countertops add a touch of luxury and durability.

Finished Outdoor Patio

Finished Outdoor Patio

Extends living space outdoors, ideal for entertaining.

The Bad

• Replace Entryway Tile Flooring (MEDIUM priority): $5,000 • Update Kitchen Cabinets and Backsplash (MEDIUM priority): $15,000 • Renovate Bathroom with New Fixtures and Finishes (MEDIUM priority): $7,000 • The median sold price has decreased by 6% year-over-year, indicating a potential for further price adjustments. • Moderate fire risk requires consideration of insurance costs. • The property's high listing price relative to the median sold price in the area may lead to longer time on market if not adjusted. • Good natural light in the living room due to large windows. Kitchen and laundry room also benefit from natural light. Other rooms may have limited natural light depending on window placement and orientation.

The Ugly

No critical issues identified
Tile Flooring

Tile Flooring

Dated tile flooring in the entryway and hallways.

Kitchen Finishes

Kitchen Finishes

Oak cabinets and mosaic tile backsplash are dated.

Bathroom Finishes

Bathroom Finishes

Wallpaper and fixtures are outdated.

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

Rental Property Investors: Potential annual revenue of $41,400 with 90% occupancy rate Value Investors: Projected 12.8% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $27,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$122,884

Property History

Price History
Ownership Timeline

Property Taxes

$4,555
2023 Tax Assessment
0.8%from previous year
Assessed Value$75,727
Tax Rate6.01%

Market Insights

Real-time analysis of the local housing market

February 2025
Neutral Market

The market in 80111 is currently balanced between buyers and sellers. While prices are stable, it's still important to make competitive offers on homes you're interested in.

$892,000
$330/sqft
6.0%
Change from last month
Your price: $1.3M (+40%)
Your price/sqft: $236/sqft (-28%)
85
14 sold last month
23.2%
Change from last month
64 days
Average for homes in this area
98.5%
Change from last month
This property: 1 days (-98%)

Sale Price Distribution

Last month
3
Over Asking
homes
4
At Asking
homes
7
Under Asking
homes
Total: 14 homes sold

If you're buying a home in 80111, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Sale Time Distribution

Last month
7
Under 30 Days
homes
Your property
2
30-90 Days
homes
5
Over 90 Days
homes
Total: 14 homes sold

Many homes in 80111 are selling fast, if you're buying plan to act quickly.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Climate Risks

fireMODERATE

Insurance: Recommended

heatMINIMAL

6 extreme heat days per year

98th percentile: 92°F

airMINIMAL

1 bad air quality days per year

windMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

Risk Analysis

• The median sold price has decreased by 6% year-over-year, indicating a potential for further price adjustments. • Moderate fire risk requires consideration of insurance costs. • The property's high listing price relative to the median sold price in the area may lead to longer time on market if not adjusted. • Climate & Insurance: Mitigation for moderate fire risk may include creating a defensible space around the property, costing $500-$1,500. Air quality is a minor concern, and high-efficiency HVAC filters ($100-$300/year) are recommended. • Tile Flooring: Dated tile flooring in the entryway and hallways. • Kitchen Finishes: Oak cabinets and mosaic tile backsplash are dated. • Bathroom Finishes: Wallpaper and fixtures are outdated.
Insurance
Annual Cost

$4,500

$375 per month

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Schools

Cherry Creek High School

PublicGrades 9-12
8/10
High
3,641 students

Campus Middle School

PublicGrades 6-8
7/10
Middle
1,481 students

Cottonwood Creek Elementary School

PublicGrades PK-5
7/10
Elementary
636 students

Financials

Monthly Costs
Market Rent (5 bed)

$3,450

Get a detailed estimate on Zillow®
HOA Fee

$26

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Location & Comparables

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