1 month on rocket

1408 Lima St, Aurora, CO, 80010

$480,000

Home List Price

$5,700*

Closing Credit

4 Bedrooms
2 Baths
1,714 SqFt
$280/SqFt
Multi

Location

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1408 Lima St, Aurora$480,000

Buyer Closing Credits

$5,700*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1952
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #7091909
Lot Size0.18 Acres
StatusActive

About 1408 Lima St

Duplex for sale with 2, 2 bed/1 bath units for $480k! Also for sale next door is a 5 unit at 1440 Lima St for $1mil! Possible development play, rental play, house hacking play, lots of potential! City of Aurora Section 8 for a 2 bed is currently $2200/month per unit, and after utilities paid, would still pencil out an 8% cap rate with no property management. The units will need some reconfiguring to turn back into 2, 2 bed units. The current owner has been living there and made it work for their lifestyle by connecting both units together. The development play would involve buying the 5 plex next door and working with the City of Aurora to rezone. (Sellers property disclosure and the City of Aurora's Section 8 allowances in documents attached.)

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Living Area: 1,714 SqFt

Listing Office:

  • Office Name: Denver Property Team
  • Office Phone: (303) 552-4804
  • Listing Agent: Alexander Saldana

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Private Yard

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $480,000
  • Price Per SqFt: $280/SqFt

Tax Information:

  • Annual Amount: $1,271
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Aurora, CO.

Med. Sold Price

$488.4K

Med. Price/SqFt

$269

Avg. Days On Market

44

# of Sold Homes

399

1408 Lima St vs Aurora

33 DAYS ON ROCKET

-11 Days

$480,000

-$8.4K Less

$280/SqFt

+$11 More

KEY TAKEAWAY

This property is $8.4K less than the Median Sold Price and $11/SqFt more than other homes in Aurora, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #7091909

Listing Office:

  • Office Name: Denver Property Team
  • Office Phone: (303) 552-4804
  • Listing Agent: Alexander Saldana

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,271$19,419
2019$1,820$19,555
2018$1,820$21,874
2017$1,174$21,874

History based on county public records data.

Payment Calculator

$2,463

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,506

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4324520
6
/10
  • Kenton Elementary School

  • 1255 Kenton St

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-4324521
4
/10
  • Paris Elementary School

  • 1635 Paris St

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-4324522
2
/10
  • Montview Elementary School

  • 2055 Moline St

  • 0.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,325. The majority of Aurora, CO residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesColoradoArapahoe CountyAurora800101408 Lima St

This home is located at 1408 Lima St in Aurora, CO and zip code 80010 in the Del Mar Parkway neighborhood. This 1,714 square foot home, which was built in 1952, sits on a 0.18 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $480,000.

While more than 104 listings in Aurora, CO in November 2024 were sold above asking price, there were more than 118 listings sold at asking price, and more than 177 were sold below. In November 2024 in Aurora, CO there were 3.1% less homes for sale than in October 2024. Listings spent 44 days on the market in November 2024, and had a median list price of $488,423 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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