NOT LISTED FOR SALE

103 W 3rd St Unit 6 Walsenburg, CO 81089

Estimated Value: $436,478 - $476,000

6 Beds
6 Baths
3,648 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $390,000 $107 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,576/month

Highlights

  • No HOA
  • Landscaped with Trees
  • Forced Air Heating System
  • Front Porch

About This Home

As of July 2021

GREAT MULTIFAMILY INVESTMENT OPPORTUNITY! This 6 unit Apartment Building is centrally located in the up-and-coming town of Walsenburg. All of the 1 bed 1 bath units are individually metered with electric and natural gas, all have their own water heaters, and five units have washer and dryer hookups. These units have always been in high demand and will continue to be as the area has experienced a shortage of rentals due to the tremendous demand for housing. Rents are considerably below market but all leases are month to month except for one that is long term, and another unit that is being prepared to rent as an Airbnb. High demands for Airbnb in this central tourist location will likely keep this one booked once it's advertised! Come take advantage of this upside opportunity and invest in a growing market because it won't last long!!!

Last Agent to Sell the Property

Amanda Salas

Code of the West Real Estate LLC License #FA100084524 Listed on: 05/27/2021

Last Buyer's Agent

Amanda Salas

Code of the West Real Estate LLC License #FA100084524 Listed on: 05/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150 x 100
  • Landscaped with Trees

Home Design

  • Rolled or Hot Mop Roof
  • Copper Plumbing
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Range
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Open Parking
  • Off-Site Parking

Outdoor Features

  • Front Porch

Location

  • Ground Level
  • Upper Level

Utilities

  • No Cooling
  • Forced Air Heating System
  • Separate Meters

Community Details

  • No Home Owners Association
  • 6 Units
  • Walsenburg Subdivision

Listing and Financial Details

  • Exclusions: Unit 2 only : Washer, dryer, refrigerator are excluded.
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$415

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: South on Main street, Right onto W 3rd. The building will be on your left
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.344
  • Lot Size: 150 x 100
  • Road Surface Type: Paved
  • Subdivision Name: Walsenburg
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Upper & Lower, One Building
  • Year Built: 1940
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: U
  • NAV29_Unit_4_Level: U
  • NAV29_Unit_5_Level: U
  • NAV29_Unit_6_Level: U
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: Yes
  • NAV29_Unit_6_Appliances: Yes
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer-Some, Refrigerator-All, Electric Range-All, Washer-Some
  • Has Basement: None
  • Number Of Buildings: 1
  • Private Spa: No
  • Owner Pays: Water, Sewer
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Single Pane

Exterior Features

  • Exclusions: Unit 2 only : Washer, dryer, refrigerator are excluded.
  • Roof: Rolled/Hot Mop
  • Lot Features: Trees-Front
  • Disclosures: 1
  • Construction Type: Stucco, Block, Copper Plumbing, Plastic Plumbing
  • Patio And Porch Features: Porch-Open-Front

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, On Street, Off Site

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups in Some Units
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: RockyMtn

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: RE 1

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 14984.64
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month,12 Months

Multi Family

  • Number Of Units Total: 6
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 414.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 19, 2021
Sold by
Jeremy Coe
Bought by
Atencio Ernie and Atencio Nancy A
Seller's Agent
Amanda Salas
Code of the West Real Estate LLC
Buyer's Agent
Amanda Salas
Code of the West Real Estate LLC
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$456,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,239
Avg. Annual Appreciation
3.74%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Atencio Ernie $390,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $390,000 -2.3% $107 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $399,000 -- $109 / Sq Ft
Source: Pueblo Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $1,970 $22,782 $910 $21,872
2023 $1,968 $22,782 $910 $21,872
2022 $414 $4,801 $1,074 $3,727
2021 $456 $5,047 $1,129 $3,918
2020 $415 $5,049 $1,129 $3,920
2019 $409 $5,049 $1,129 $3,920
2018 $400 $5,086 $1,137 $3,949
2017 $394 $5,086 $1,137 $3,949
2016 $450 $5,999 $1,257 $4,742
2015 $406 $5,999 $1,257 $4,742
2014 $406 $5,999 $1,257 $4,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 193804

Pueblo Association of REALTORS®

APN: 19802