Renovated historic Cheesman Park site among April’s top home sales

humboldtSale1

The home at 675 N. Humboldt St. was bought for $3.48 million. (Courtesy Sotheby’s)

A labor of love has finally paid off.

One of April’s highest-priced sales was a Cheesman Park home that the previous owners spent more than two years meticulously renovating.

The house at 675 N. Humboldt St. in Denver’s Seventh Avenue Historic District sold for $3.48 million on April 7 – $125,000 less than its listing price.

Debra Fagan and Wendy Handler with LIV Sotheby’s International Realty listed the property. The home’s previous owners, Jeff and Gail Elberson, painstakingly returned the home to its early 1900s grandeur when the house hit the market last September.

“They had built other homes, but this was their final labor of love,” Fagan said. “It was consistent to other homes from that period … but you don’t get something as pristine as this. It’s completely modernized.”

The Elbersons replaced the HVAC, electrical, plumbing and air-conditioning systems, while restoring the home with period wood, hardware, lighting and wallpaper. Built in 1908, the 4,474-square-foot house has four bedrooms and eight bathrooms, as well as five fireplaces surrounded by hand-painted tiles from around the world.

Property records show the Elbersons purchased the house in 2011 for $675,000. They sold the home this month to David Rogers, as they prepare to move to Vermont.

Also of note, a house that did not appear in ReColorado’s listing service sold for $6.15 million on April 10 at 7 Polo Club Lane. The seller was Denver developer Markus Lex and the buyers were Sureel and Bijal Choksi. Bijal Choksi is president of a consulting company, while Sureel is president of a data company.

humboldtSale1

The home at 675 N. Humboldt St. was bought for $3.48 million. (Courtesy Sotheby’s)

A labor of love has finally paid off.

One of April’s highest-priced sales was a Cheesman Park home that the previous owners spent more than two years meticulously renovating.

The house at 675 N. Humboldt St. in Denver’s Seventh Avenue Historic District sold for $3.48 million on April 7 – $125,000 less than its listing price.

Debra Fagan and Wendy Handler with LIV Sotheby’s International Realty listed the property. The home’s previous owners, Jeff and Gail Elberson, painstakingly returned the home to its early 1900s grandeur when the house hit the market last September.

“They had built other homes, but this was their final labor of love,” Fagan said. “It was consistent to other homes from that period … but you don’t get something as pristine as this. It’s completely modernized.”

The Elbersons replaced the HVAC, electrical, plumbing and air-conditioning systems, while restoring the home with period wood, hardware, lighting and wallpaper. Built in 1908, the 4,474-square-foot house has four bedrooms and eight bathrooms, as well as five fireplaces surrounded by hand-painted tiles from around the world.

Property records show the Elbersons purchased the house in 2011 for $675,000. They sold the home this month to David Rogers, as they prepare to move to Vermont.

Also of note, a house that did not appear in ReColorado’s listing service sold for $6.15 million on April 10 at 7 Polo Club Lane. The seller was Denver developer Markus Lex and the buyers were Sureel and Bijal Choksi. Bijal Choksi is president of a consulting company, while Sureel is president of a data company.

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

POSTED IN Residential Real Estate

Editor's Picks

Leave a Reply

Your email address will not be published. Required fields are marked *