NOT LISTED FOR SALE

115 2nd Ave Ault, CO 80610

Estimated Value: $337,408

Studio
-- Bath
3,903 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $135,000 $35 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,315/month

61 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2012

Wonderful office building in downtown Ault. Just a block west of busy HWY 85. One unit has current long-term tenant. Maintenance has been early and high quality.

Last Agent to Sell the Property

Brian Trainor

C3 Real Estate Solutions, LLC License #100002799 Listed on: 08/01/2012

C3 Real Estate Solutions, LLC

Last Buyer's Agent

Brian Trainor

C3 Real Estate Solutions, LLC License #100002799 Listed on: 08/01/2012

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,500 Sq Ft Lot

Home Design

  • Wood Frame Construction

Interior Spaces

  • 3,903 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Schools

  • Highland Elementary And Middle School
  • Highland School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0807186

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Ault Comm Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $26,508

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Ault Comm
  • Directions: Hwy 14 East to Ault. Turn north on 2nd Ave, go one block to property on the left.
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3903
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Commercial or Industrial
  • Private Spa: No
  • Has Basement: Partial
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Master Meter-Electric
  • Heating: Forced Air
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Master Meter-Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Highland
  • HighSchool: Highland
  • Junior High Dist: Ault-Highland RE-9
  • Middle Or Junior School: Highland

Lot Info

  • Zoning: COMM
  • Lot Size Sq Ft: 10500
  • Parcel #: R0807186
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2868

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 31, 2012
Sold by
Burroughs Patricia Jo and Burroughs Robert C
Bought by
Simpson Cliff E
Seller's Agent
Brian Trainor
C3 Real Estate Solutions, LLC
Buyer's Agent
Brian Trainor
C3 Real Estate Solutions, LLC
List Price
$180,000
Sold Price
$135,000
Premium/Discount to List
-$45,000
-25%
Current Estimated Value
$337,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,408
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Oct 19, 1987

Purchase Details

Closed on
Feb 25, 1985

Purchase Details

Closed on
Apr 7, 1976

Purchase Details

Closed on
Sep 20, 1974

Purchase Details

Closed on
Sep 18, 1974
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Simpson Cliff E $135,000 Stewart Title
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $135,000 -- --
10/31/2012 10/31/12 Sold $135,000 -25.0% $35 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $180,000 -- $46 / Sq Ft
Source: IRES MLS

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 $6,727 $115,840 $14,180 $101,660
2024 $6,727 $115,840 $14,180 $101,660
2023 $5,472 $99,750 $14,650 $85,100
2022 $5,183 $82,950 $15,230 $67,720
2021 $5,307 $82,950 $15,230 $67,720
2020 $2,907 $45,620 $7,310 $38,310
2019 $3,067 $45,620 $7,310 $38,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE688018

IRES MLS

APN: R0807186