Courtesy of Your Castle Realty LLC .
Selling Office: Madison & Company Properties.A fire partially destroyed this property. It started in the garage and significantly impacted the 3 bedrooms on the second level, upstairs hallway, laundry room and office. According to the insurance company 80% of the trusses will need to be replaced. The insurance company has ordered the trusses and a deposit has been made. The listing agent has been informed that the cost for the trusses is $27,000. The house will need a new roof. A general building permit has been obtained and may be transferrable. The insurance company first estimated that the repairs would be approximately $600,000. The updated amount is now predicted to be approximately $700,000. The Engineer's Report is available in the supplement section. There are spectacular views of Lookout Mountain from the back deck. The after rehab value of this house is estimated to be $1,800,000. The lot is almost 1/2 acre, which is a rarity in Mesa View Estates. Mesa View is an awesome community with great access to 3 major highways (6th Ave., C470 West and I70 ). You are 20 minutes from downtown Denver and one hour to skiing. This house offers tremendous potential, but it is a huge project!
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