NOT LISTED FOR SALE

103 W 3rd St 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 $2,557/month

30 Days on Market

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

Last Agent to Sell the Property

Amanda Salas

Code of the West Real Estate LLC License #FA 100084524 Listed on: 05/27/2021

Last Buyer's Agent

Sylvia Vigil

Code of the West Real Estate LLC License #FA100080551

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x100

Home Design

  • Stucco

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • Porch
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 19802

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
  • Earnest Money Fee: 4000.00
  • Ernst Money Pay To: Dotter Abstract
  • Listing Member Name: Amanda Salas
  • Listing Office Short Id: COTWRE
  • List Type: Exclusive Right To Sell
  • Open House Office I D: 20160201150034113640000000
  • Patio Deck: Porch
  • Prop. Type: Multi-Family
  • Restrictions: Unknown
  • Selling Member Short Id: sv
  • Selling Office Short Id: COTWRE
  • Building Stories: 2.0
  • Assessor Parcel Number: 19802
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Cooktop - Electric, Refrigerator
  • Interior Amenities: Smoke Detector
  • Legal Description: LOT 6 & E 41.8 FT OF LOT 7 BLOCK 13 WALSENBURG ADD. 215-173 315-126-TO-130 332-435-499 394-895 REC#336653 #349049 #348954 REC.#355744
  • Estimated Above Grade Sq Ft: 3648.00
  • Total Rooms: 5
  • Windows: Single Pane

Exterior Features

  • Construction Type: Block
  • Road: Paved
  • Roofing Other: rolled/hot mop
  • Exterior Construction: Stucco

Utilities

  • Gas Company: Natural Gas
  • Heating: Forced Air
  • Sewer: City
  • Hot Water: City

Fee Information

  • Taxes: 414.80

Lot Info

  • Lot Acres: 0.34
  • Lot Size: 150x100
  • Zoning: Residential

Tax Info

  • Year: 2020

Multi Family

  • Total Bedrooms: 6
  • Total Full Baths: 6

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
Sylvia Vigil
Code of the West Real Estate LLC
Sold Price
$390,000
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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Average Value
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List Price
Sold Price
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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 -- $107 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
Source: Spanish Peaks Board 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: Spanish Peaks Board of REALTORS®

MLS Number: 21-506

Spanish Peaks Board of REALTORS®

APN: 19802