NOT LISTED FOR SALE

102 8th St Fowler, CO 81039

Estimated Value: $261,928 - $399,000

8 Beds
4 Baths
3,600 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $180,000 $50 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,759/month

Highlights

  • RV Access or Parking
  • Newly Painted Property
  • No HOA
  • New Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of December 2018

Hey investors! Building with 4 separate 2 bedroom units freshly remodeled. 100% occupancy. Has a carport for each unit and a 30x30 shed on site, which is also rented out short-term.

Last Agent to Sell the Property

Stephen Arnold

RE/MAX Associates Listed on: 08/22/2018

Last Buyer's Agent

Stephen Arnold

RE/MAX Associates Listed on: 08/22/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1936

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees
  • Property is in excellent condition

Home Design

  • Side-by-Side
  • Quadruplex
  • Newly Painted Property
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Crawl Space
  • Washer

Kitchen

  • Electric Range
  • Range Hood
  • No Kitchen Appliances
  • Disposal

Flooring

  • New Flooring
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms
  • Walk-in Shower

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,800
  • The owner pays for sewer, electricity, grounds care, gas, repairs, water

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Fowler Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$980

Year Built

Built in 1936

Lot Details

0.25 Acres

Listing Details

  • Directions: from highway 50 north on 8th street 1 block
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.2526
  • Lot Size: 1
  • Road Surface Type: Paved
  • Subdivision Name: Fowler
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Water Heater
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, Upper & Lower, One Building
  • Year Built: 1936
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: U
  • NAV29_Unit_4_Level: U
  • NAV29_Water_Heater: Gas
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: No
  • NAV29_Unit_1_Condition: Excl
  • NAV29_Unit_2_Condition: Excl
  • NAV29_Unit_3_Condition: Excl
  • NAV29_Unit_4_Condition: Excl
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range-All, Microwave Built-In-None, Dryer-Some, Dishwasher-None, Refrigerator-All, Range Hood-All, Washer-Some, Garbage Disposal-All, Gas Range-None
  • Interior Amenities: Walk-in Shower, Ceiling Fan(s), New Paint
  • Has Basement: None, Crawl Space
  • Number Of Buildings: 1
  • Private Spa: No
  • Owner Pays: Sewer, Electricity, Grounds Care, Gas, Repairs, Water
  • Total Bedrooms: 8
  • Fireplace Features: None, Wood Stove-None, Gas Log(s)-None, Pellet-None
  • Fireplace: Yes
  • Flooring: Tile, New Floor Coverings
  • Window Features: Single Pane, Metal, Double Pane Windows, Window Coverings

Exterior Features

  • Exclusions: personal property
  • Roof: Metal
  • Lot Features: Irregular Lot, Corner Lot, Trees-Rear
  • Disclosures: 0
  • Construction Type: Frame, Stucco, Copper Plumbing, Plastic Plumbing
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio-Covered-Front, Porch-Covered-Front

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Parking Features: 4+ Car Carport Detached, RV Access/Parking
  • Total Parking Spaces: 4
  • NAV29_Unit_1_Garage: 1
  • NAV29_Unit_2_Garage: 1
  • NAV29_Unit_3_Garage: 1
  • NAV29_Unit_4_Garage: 1

Utilities

  • Cooling: Wall Unit
  • Heating: Baseboard
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: BlackHill

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: R4J

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 11003.256
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month,12 Months

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2800
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 980.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Dec 13, 2018
Sold by
Socoprop Llc
Bought by
E & S Properties Llc
Seller's Agent
Stephen Arnold
RE/MAX Associates
Buyer's Agent
Stephen Arnold
RE/MAX Associates
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$319,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,482
Avg. Annual Appreciation
8.24%
Original Mortgage
$145,808
Outstanding Balance
$127,194
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$192,288

Purchase Details

Closed on
Feb 23, 2018
Sold by
Gates William E
Bought by
Socoprop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,054
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2016
Sold by
Zimmerman Deanna M
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 3, 2009
Sold by
Newell Frederick W
Bought by
Zimmerman Deanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.14%
Mortgage Type
FHA
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
E & S Properties Llc $180,000 Avalanche Title & Escrow Inc
Socoprop Llc $128,000 None Available
Bank Of America Na -- None Available
Zimmerman Deanna M $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E & S Properties Llc $145,808
Previous Owner Socoprop Llc $156,054
Previous Owner Zimmerman Deanna M $162,011
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2018 12/13/18 Sold $180,000 -7.7% $50 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $195,000 +113.0% $54 / Sq Ft
12/09/2016 12/09/16 Sold $91,550 +0.3% $25 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
10/13/2016 10/13/16 For Sale $91,300 -- $25 / Sq Ft
Source: Pueblo Association of REALTORS®

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
2025 $1,385 $16,468 $0 $0
2024 $1,197 $14,347 $744 $13,603
2023 $1,197 $14,347 $744 $13,603
2022 $1,138 $13,591 $755 $12,836
2021 $1,186 $14,290 $794 $13,496
2020 $930 $13,321 $794 $12,527
2019 $932 $13,321 $794 $12,527
2018 $979 $12,784 $800 $11,984
2017 $980 $12,784 $800 $11,984
2016 $1,008 $13,206 $884 $12,322
2015 $1,039 $13,206 $884 $12,322
2014 $1,039 $12,637 $884 $11,753
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stephen Arnold

    RE/MAX

  • T

    Buyer Co-Listing Agent in 2018

    Tom Brann

    Norm Murphy & Associates

    Section Image

  • T

    Buyer's Agent in 2016

    Tracey Martin

    Norm Murphy & Associates

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 175460

Pueblo Association of REALTORS®

APN: 4375-174-04008

Colorado Otero County Fowler 81039

102 8th St, Fowler, CO

Not Listed for Sale

MultiFamily

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