NOT LISTED FOR SALE

119 E 1st St Unit G Salida, CO 81201

Estimated Value: $600,000 - $628,000

1 Bed
1 Bath
770 Sq Ft
$162/mo HOA Fee

Last Sold May 16, 2023

Last sale price $570,000 $740 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,553/month

5 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Deck
  • Longfellow Elementary School Rated 9+
  • Mountain View
  • 1-minute walk to Riverside Park

About This Home

As of May 2023

Charming one bed / one bath condo in the heart of downtown Salida. The Savoy building underwent a full ground-up restoration in 2005. Unit G is one of four upstairs residential units, enjoying southern exposure and mountain views. Lots of exposed brick and natural light. Dedicated deck, and use of additional shared deck for enjoying views across Salida to Methodist Mountain and the Sangre de Cristos. Hardwood floors throughout kitchen, living and bedroom, with tiled bathroom and stackable washer / dryer. Open kitchen / living area features granite counters, generous cabinet space, stainless appliances and ample breakfast bar in addition to dining nook. Property also includes a lockable storage unit. This property is currently being used as a successful vacation rental and would make an ideal investment property, vacation home or full time residence. Park your car and walk to all Salida has to offer in minutes.

Current City of Salida regulations preclude anyone who is not a Chaffee County resident from owning / operating short term rental, short term being defined as periods of 30 days or less. Prospective buyers are advised to contact the City of Salida directly for further information.

Last Agent to Sell the Property

Hayden Mellsop

Pinon Real Estate Group LLC Brokerage Email: hmellsop@pinonrealestate.com,719-539-0200 License #100009876 Listed on: 04/10/2023

Co-Listed By

Kym Mellsop

Pinon Real Estate Group LLC Brokerage Email: hmellsop@pinonrealestate.com,719-539-0200 License #40045935

Last Buyer's Agent

Jeff Post

Century 21 Community First License #40018515

Century 21 Community First

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 1948

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall
  • South Facing Home

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Rustic Architecture
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 770 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Living Room
  • Mountain Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Schools

  • Longfellow Elementary School
  • Salida Middle School
  • Salida High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Assessor Parcel Number R368132422007

Community Details

Overview

  • Savoy Building Condominium Association
  • Low-Rise Condominium
  • Savoy Community

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,416

Year Built

Built in 1948

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Rustic Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Building Name: Savoy
  • Year Built: 1948
  • Above Grade Finished Sq Ft: 770
  • Exclusions: Seller's personal property
  • Living Area: 770
  • SubdivisionName: None
  • Co List Office Mls Id: RECR0065
  • Co List Office Phone: 719-539-0200
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 1.03636
  • Attribution Contact: hmellsop@pinonrealestate.com,719-539-0200
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Smoke Free
  • Flooring: Tile, Wood
  • Common Walls: End Unit, No One Above, 1 Common Wall
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane
  • Construction Materials: Stucco
  • View: Mountain(s)
  • Exterior Features: Gas Grill
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Security: Carbon Monoxide Detector(s)

Condo/Co-op/Association

  • Association Name: Savoy Building Condominium Association
  • Association Fee Frequency: Quarterly
  • Association Fee: 486
  • Phone: 555 555 5555
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1944.00
  • REC_AssociationFeeTotalAnnual: 1944.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: steveahesse@gmail.com

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Parcel Number: R368132422007
  • Building Area Total: 770

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1416

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 11, 2023
Sold by
Ira Gary R Collins
Bought by
119 East First Street Llc
Seller's Agent
Hayden Mellsop
Pinon Real Estate Group LLC
Buyer's Agent
Jeff Post
Century 21 Community First
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$615,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,635
Avg. Annual Appreciation
3.23%
Original Mortgage
$364,000
Outstanding Balance
$86,900
Interest Rate
6.28%
Mortgage Type
Construction
Estimated Equity
$528,735

Purchase Details

Closed on
Sep 14, 2018
Sold by
Hardy Moore Cheryl L and Moore Robert S
Bought by
Collins Elaine Bing

Purchase Details

Closed on
Jan 15, 2013
Sold by
White Donald B
Bought by
Hardy Moore Cheryl L and Hardy Moore Robert S

Purchase Details

Closed on
Nov 5, 2010
Sold by
Milagro Design Llc
Bought by
White Donald B
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
119 East First Street Llc $570,000 None Listed On Document
Collins Elaine Bing $370,000 First American Titel Insuran
Hardy Moore Cheryl L $215,000 None Available
White Donald B $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 119 East First Street Llc $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $570,000 +3.6% $740 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $550,000 -- $714 / Sq Ft
Source: REcolorado®

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 $1,531 $33,980 $0 $33,980
2023 $1,481 $33,980 $0 $33,980
2022 $1,416 $29,680 $0 $29,680
2021 $1,419 $30,530 $0 $30,530
2020 $1,028 $21,000 $0 $21,000
2019 $1,030 $21,000 $0 $21,000
2018 $967 $19,990 $0 $19,990
2017 $942 $19,990 $0 $19,990
2016 $833 $17,320 $0 $17,320
2015 $843 $17,320 $0 $17,320
2014 $843 $16,690 $0 $16,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4265859

REcolorado®

APN: R368132422007