$215,000
SOLD OCT 11, 2021

1002 Elm Ave Collbran, CO 81624

4 Beds
4 Baths
1,800 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

10% Below List Price

Highlights

  • Ranch Style House
  • Wood Siding
  • Carpet
  • Corner Lot

About This Home

As of September 2024

TWO DUPLEXES ON ONE LOT! 10% cash on cash ROI. 7% cap rate. Ask your agent to send you the cashflow estimate. These four units are fully rented and nicely upkept. Walking distance to quaint, downtown Collbran and all its amenities. All units have one bedroom and a 3/4 bathroom. One unit has a loft with extra sleeping area or office space. Tenants pay gas & electric. Landlord pays water, sewer, trash. New sewer line this year. Freshly painted exterior. Apricot trees. One unit will be vacant at the end of August - pick your own tenant or move in yourself and live for FREE! LAND SPLIT JUST COMPLETED - you may not find this address on Assessor site. Currently shown linked with 1004 Elm.

Last Agent to Sell the Property

Teri Styer

REJUVENATION HOMES License #ER100068468 Listed on: 06/29/2021

Last Buyer's Agent

Thomas Barkoczy

RED GLASSES REALTY KELLER WILLIAMS License #FA100044997

RED GLASSES REALTY KELLER WILLIAMS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $775

Year Built

  • Built in 1947

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Gas Oven or Range
  • Block Basement Construction
  • Corner Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • 1,800 Sq Ft Building

Listing and Financial Details

  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$775

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 6000
  • Fronts: W
  • Gas Company: Black Hill
  • Heating Type: Natural Gas, Wall Heater
  • How Built: Site Built
  • Lot Dimensions: NEW
  • Lvt Date: 06/29/2021
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Collbran
  • Street Desc Access: City/Town
  • Style: Ranch
  • Taxes: 775
  • Tax Year: 2021
  • Water: City Water
  • Zoning: TOWN OF COLLBRAN
  • Total Building Sq Ft: 1800
  • Design: Two Buildings, Upper & Lower
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Bedrooms: 4
  • Appliances: Dishwasher-None, Gas Range/Oven-All, Refrigerator-All, Washer-Some
  • Basement Foundation: Block Foundation
  • Floor: Carpet, Vinyl
  • Bathrooms: 4
  • Price Per Sq Ft: 119.44
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • 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

Lot Info

  • Lot Description: Corner
  • Lot Size: A: 0-0.24
  • Parcel Number: new

Multi Family

  • Total Number Units: 4

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: 20213292

Grand Junction Area REALTOR® Association