$254,900
SOLD SEP 20, 2024

1002 Elm Ave Collbran, CO 81624

4 Beds
4 Baths
2,271 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

9% Below List Price

4 Days on Market

Highlights

  • 2-Story Property
  • Walk-in Shower
  • Floor Furnace
  • Corner Lot
  • Ceiling Fan
  • Wood Siding

About This Home

As of September 2024

Welcome to the quaint town of Collbran Colorado on the Grand Mesa where an ideal opportunity awaits! Own this unique fourplex property and rent all 4 units or live in one and rent the other 3. Three units are currently leased. Yield rents up to $3,150 per month when all 4 units are leased, with more potential from there! Each unit offers one bedroom and three quarter bathroom. All units have some recent updates. Current owner has done a lot of updates to this property and a list is available upon request. Located about 30 minutes from Powderhorn Mountain Ski Resort and an abundance of recreational opportunities up on the Grand Mesa! This opportunity won’t last long!

Last Agent to Sell the Property

SHELLY CROSS

THE CHRISTI REECE GROUP License #FA100002319 Listed on: 08/08/2024

Last Buyer's Agent

Terri Montano

DIAMOND REALTY & PROPERTY, LLC License #FA100043350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $886

Year Built

  • Built in 1948

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 54x73
  • Corner Lot

Home Design

  • Quadruplex
  • 2-Story Property
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Laminate Countertops
  • Washer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Walk-in Shower

Schools

  • Plateau Valley Elementary And Middle School
  • Plateau Valley High School

Utilities

  • Window Unit Cooling System
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Separate Meters

Community Details

  • 4 Units
  • 2,271 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2667-352-17-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$886

Year Built

Built in 1948

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 5987
  • Fronts: W
  • Gas Company: Blck Hills
  • Heating Type: Floor Furnace, Natural Gas, Wall Heater
  • How Built: Site Built
  • Lot Dimensions: 54x73
  • Lvt Date: 08/08/2024
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Collbran
  • Street Desc Access: City/Town, Paved
  • Style: 2 Story, Ranch
  • Taxes: 885.69
  • Tax Year: 2024
  • Total Acres: 0.09
  • Type: Fourplex
  • Water: City Water
  • Zoning: DTC
  • Total Building Sq Ft: 2271
  • Display On Internet: Yes
  • Design: Two Buildings
  • Separate Electric Meters: Yes
  • Separate Gas Meters: Yes
  • Year Built: 1948
  • Directions: Heading EAST on highway 330, Turn LEFT on Elm Ave. Complex is on the corner of Elm Ave & High St
  • Subdivision Name: Other
  • Estimated Year Remodeled: 2023
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Total Number Bedrooms: 4
  • Appliances: Electric Range/Oven-Some, Garbage Disposal-None, Gas Range/Oven-Some, Microwave-Some, Refrigerator-All, Washer-Some, Washer Hookup
  • Basement Foundation: Poured Concrete
  • Floor: Carpet, Wood Laminate
  • Interior Amenities: Ceiling Fan(s), Walk-In Shower, Window Coverings, Laminate Counter Tops
  • Bathrooms: 4
  • Price Per Sq Ft: 112.24
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Exterior Siding: Wood
  • Roof: Asphalt Composition, Metal

Utilities

  • Cooling Type: Window Unit(s)
  • Electric Company: Grand Valley Rural Power
  • Water Company: Collbran
  • Laundry: W/D Hookups In Some Units

Schools

  • Elementary School: Plateau Valley
  • Middle School: Plateau Valley
  • High School: Plateau Valley
  • Elementary School: Plateau Valley
  • High School: Plateau Valley

Lot Info

  • Lot Description: 0' - 75' Frontage, Corner
  • Lot Size: A: 0-0.24
  • Parcel Number: 2667-352-17-002
  • Geo Update Timestamp: 2024-08-08
  • Geo Subdivision: CO

Multi Family

  • Total Number Units: 4

MLS Schools

  • Middle School: Plateau Valley

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $254,900 -8.9% $112 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $279,900 +30.2% $123 / Sq Ft
10/11/2021 10/11/21 Sold $215,000 -4.4% $119 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $225,000 -6.3% $125 / Sq Ft
07/30/2021 07/30/21 For Sale $240,000 0.0% $133 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $240,000 -- $133 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20243598

Grand Junction Area REALTOR® Association