NOT LISTED FOR SALE

1010 and 1020 16th St Delta, CO 81416

5 Beds
3 Baths
2,196 Sq Ft
1.1 Acres

Last Sold December 13, 2023

Last sale price $255,000 $116 Per Sq Ft

103 Days on Market

About This Home

As of December 2023

This home is located at 1010 and 1020 16th St, Delta, CO 81416 since 27 July 2023. This property was built in 1958. 1010 and 1020 16th St is a home located in Delta County with nearby schools including Lincoln Elementary School, Garnet Mesa Elementary School, and Delta Middle School.

Last Agent to Sell the Property

Scott Elkins

Telluride Realty, LLC Listed on: 07/27/2023

Co-Listed By

Mark Simpson

Telluride Realty, LLC

Last Buyer's Agent

Jeffrey Mikesell

Epique Realty

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1958 | Remodeled in 2022

Lot Details

  • 1.1

Parking

  • 8 Parking Spaces

Home Design

  • Duplex

Schools

  • Garnet Mesa K-5 Elementary School
  • Delta 6-8 Middle School
  • Delta 9-12 High School

Additional Features

  • 3 Full Bathrooms
  • 1.1 Acre Lot
  • 1 Irrigated Acre
  • Irrigation Water Rights

Listing and Financial Details

  • Assessor Parcel Number 345530223001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $2,000
  • Gross Income $11,000
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$530

Year Built

Built in 1958 | Remodeled in 2022

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 1.1
  • Estimated Total Acres: 1.1
  • Class: Multifamily
  • Em Deposit: 5000
  • Em Holder: land title
  • Legal Lot Block: Kestral Lot 1
  • Parcel Id Number: 345530223001
  • Price Per Sq Ft: 116.12
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 116.12
  • Street Designation: Street
  • Cap Rate Percent: 7.2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Water Meters: 2
  • Type: Duplex
  • Total Taxes Dollar: 530
  • Year Built: 1958
  • Year Renovated: 2022
  • Prop Description Remarks: 2 homes on this property!!! Remodeled! This is a great opportunity, live in one side and rent out the other. (1020 16th and 1010 16th, one parcel , 2 homes) 1) A remodeled 3 bed/2 bath farmhouse 2) A mobile home that is 2 bed 1 bath rental, occupied mobile home 3) On 1.1 acres with water rights!. INCOME PRODUCING 2 UNITS on 1.1 acres. Mobile home TENANT month to month leases $800+ month The Main stick-built adobe home address is 1020 16th st. It is 1,392 feet, on 2 stories. Newer flooring, newer paint, newer $4000 furnace, and new hot water heater, newer roof! Lots of upgrades! 4-5 New windows also!!!! The Main home has 2 upstairs bedrooms, but the master bedroom and master bath are on the main floor. 2 newer hot water heaters, new stone and wood interior upgrades. 2 granite counters. New vanity's! The home is older but has a vibrant modern feel. The rental/mobile home is located at 1010 16th st. It is 804 SF 2/1. (yr -1962) Newer Flooring, newer Paint, Roof re-coated. Both units have W/D hookups and exterior storage sheds. Remodeled 2020. 2 sewer and 2 water taps in total on the lot(15k plus value). Tenants pay their own electric, gas, water, sewer, trash. 2 separate addresses. Rent/income monthly currently around $850-$950 a month on the mobile home. The west border is an alley for private access to the back of the parcel. Irrigation water cuts thru the property, easy for distribution - plenty of water! Some new fencing to help with separation. Per city zoning, this parcel is zoned AG1 so 2 units of density, is allowed on the subject 1.1 acres as well as "duplex" is a use by right, see assoc docs
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Estimated Total Sq Ft: 2196
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Lower Level Sq Ft: 1796
  • Main Level Sq Ft: 2196
  • Total Office Den: 0
  • Upper Level Sq Ft: 400

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Electric Supplier: City of Delta
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: City of Delta
  • Water Rights Irrigation: Yes
  • Water Supplier: City of Delta

Schools

  • Elementary School: Garnet Mesa K-5
  • Middle School: Delta 6-8
  • High School: Delta 9-12
  • High School: Delta 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2
  • Gross Annual Expenses: 2000
  • Gross Scheduled Income: 11000
  • Net Operating Income: 27000

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Garnet Mesa K-5
  • Middle School: Delta 6-8

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 List to Sale Price per Sq Ft
12/13/2023 12/13/23 Sold $255,000 -5.2% $116 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/06/2023 11/06/23 Price Changed $269,000 -0.4% $122 / Sq Ft
10/12/2023 10/12/23 Price Changed $270,000 -3.4% $123 / Sq Ft
09/29/2023 09/29/23 Price Changed $279,450 -2.1% $127 / Sq Ft
09/19/2023 09/19/23 Price Changed $285,450 -3.9% $130 / Sq Ft
09/05/2023 09/05/23 Price Changed $297,000 -0.7% $135 / Sq Ft
08/15/2023 08/15/23 Price Changed $299,000 -6.3% $136 / Sq Ft
07/31/2023 07/31/23 Price Changed $319,000 -3.0% $145 / Sq Ft
07/27/2023 07/27/23 For Sale $329,000 -- $150 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Elkins

    Seller's Agent in 2023

    Scott Elkins

    Telluride Realty, LLC

    (970) 708-0494

    32 Total Sales

    Scott Elkins
    Section Image
  • Mark Simpson

    Seller Co-Listing Agent in 2023

    Mark Simpson

    Telluride Realty, LLC

    (970) 708-7408

    23 Total Sales

    Mark Simpson
    Section Image
  • Jeffrey Mikesell

    Buyer's Agent in 2023

    Jeffrey Mikesell

    Epique Realty

    (720) 237-8033

    14 Total Sales

    Jeffrey Mikesell
    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 806379

Colorado Real Estate Network (CREN)
Colorado Delta County Delta 81416

1010 and 1020 16th St, Delta, CO

This home is located at 1010 and 1020 16th St, Delta, CO 81416 since 27 July 2023. This property was built in 1958. 1010 and 1020 16th St is a home located in Delta County with nearby schools including Lincoln Elementary School, Garnet Mesa Elementary School, and Delta Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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