Seller's Agent in 2022
Michael Kennedy
RE/MAX
(970) 379-3907
47 Total Sales
101 W Bridge St Hotchkiss, CO 81419
9
Beds
13
Baths
9,360
Sq Ft
0.28
Acres
Highlights
- Corner Lot
- Patio
- Baseboard Heating
- Brick or Stone Mason
- Laundry Room
- Garage
About This Home
As of May 2022HISTORIC HOTCHKISS HOTEL! Built in 1896 - 1897 and has had a variety of uses since that time. Property has been extensively remodeled since 2003! Remodel has restored this property back to its original architecture for the most part. Nearly everything has been updated or replaced as necessary including plumbing and electrical, water lines, roof, windows, doors, flooring and so on. This place is a real gem! Property now consists of a restaurant, pilates studio, beauty salon, offices, 2 studio apartments, 2 - 1BR apartments, 3 - 2BR apartments and one additional 1BR remodel nearing completion. Rents total over $8,200 per month currently with room for improvement. Many long term tenants both residential and commercial. Check out the video of the property! SEE DOCUMENTS.
Last Agent to Sell the Property
RE/MAX Mountain West Brokerage Phone: (970) 963-1940 License #EA781235 Listed on: 05/07/2021
Last Buyer's Agent
non- member
Non-Member Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,351
Year Built
- Built in 1897
Lot Details
- 0.28 Acre Lot
- Southern Exposure
- Corner Lot
- Historic Home
- Property is in excellent condition
Home Design
- Brick or Stone Mason
- Frame Construction
- Membrane Roofing
- Metal Roof
Interior Spaces
- 9,360 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Unfinished Basement
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
Parking
- Garage
- Carport
- No Garage
- Common or Shared Parking
Outdoor Features
- Patio
- Storage Shed
Location
- Mineral Rights Excluded
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Water Rights Not Included
Community Details
- Property has a Home Owners Association
- Association fees include sewer
Listing and Financial Details
- Assessor Parcel Number 324331204001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2021
Closed on
May 24, 2022
Sold by
Martinez-Agullo Francisco J
Bought by
Reo Holdings Llc
Seller's Agent
Michael Kennedy
RE/MAX Mountain West
Buyer's Agent
non- member
Non-Member Office
List Price
$1,280,000
Sold Price
$1,130,000
Premium/Discount to List
-$150,000
-11.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$545,675
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 5, 2003
Sold by
Hotchkiss Hotel Inc
Bought by
Martinez-Agullo Francisco J and Martinez-Agullo Francisco J
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reo Holdings Llc | $1,130,000 | None Listed On Document | |
| Martinez-Agullo Francisco J | $176,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reo Holdings Llc | $720,000 | |
| Previous Owner | Martinez Agullo Francisco J | $31,001 | |
| Closed | Reo Holdings Llc | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $1,130,000 | -11.7% | $121 / Sq Ft |
| 02/15/2022 02/15/22 | Pending | -- | -- | -- |
| 05/07/2021 05/07/21 | For Sale | $1,280,000 | -- | $137 / Sq Ft |
Source: Aspen Glenwood MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,310 | $135,830 | $20,850 | $114,980 |
| 2023 | $9,920 | $135,830 | $20,850 | $114,980 |
| 2022 | $8,371 | $112,817 | $17,944 | $94,873 |
| 2021 | $8,233 | $113,728 | $18,087 | $95,641 |
| 2020 | $8,351 | $113,669 | $10,729 | $102,940 |
| 2019 | $8,204 | $113,669 | $10,729 | $102,940 |
| 2018 | $8,306 | $110,660 | $12,522 | $98,138 |
| 2017 | $7,437 | $110,660 | $12,522 | $98,138 |
| 2016 | $5,915 | $91,489 | $8,350 | $83,139 |
| 2014 | -- | $73,210 | $7,827 | $65,383 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kennedy
-
n
Buyer's Agent in 2022
non- member
Non-Member Office
Map
Source: Aspen Glenwood MLS
MLS Number: 169869
APN: R008199
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