Seller's Agent in 2024
Scott Elkins
Telluride Realty, LLC
(970) 708-0494
32 Total Sales
Estimated Value: $111,000 - $173,000
2
Beds
1
Bath
795
Sq Ft
$170/Sq Ft
Est. Value
About This Home
As of January 2024Income producing 2/1 right in downtown Delta ! 8.1%+ CAP rate **OPPORTUNITY ZONE** Commercial or Residential Townhome near main st,. LIVE-WORK-PLAY in the same condo. SAVE RENT! (this is less expensive than renting) A Newer tile shower and new upgrades like stone and some windows and tile. Some new electrical upgrades in the recent past. Tile shower, newer modern wiring (see pics of ENT surface wiring) This is a small 2 bedroom unit, also with a small mudroom/entryway and also a rear door. The exterior downstairs entrance to the basement could also be used as a shop/office if you clean it up and insulate it. Also a W/D is located in this downstairs storage basement area. Note: This townhome could be less expensive than rent: (*with a bank loan on this at 6.5% with some down, your payments would be under $688 a month, ask your favorite loan broker. ****Please speak to your loan officer) It's a great rental! (the income would easily is currently at $950 per month and has been rented for over a year. (example: $8,400+ in income per year, with low taxes sub $210) Each unit has its own gas meter and Electric meter, as well as city water meter so the tenant pays their full share! NO HOA ! So you can do what you want! This unit has some newer plumbing and a modern layout and lots of light. Forced gas heat. Stainless appliances. , ***THIS UNIT might be OCCUPIED do not approach window/door *** INVESTORS: =8.1% CAP rate ($11,400 in gross income minus taxes -insurance etc ) 585 feet upstairs, 210 in unfinshed basement =795 feet
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $175
Year Built
- Built in 1925 | Remodeled in 2020
Lot Details
- 1,742
Home Design
- 795 Sq Ft Home
- Stick Built Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Delta 6-8 Middle School
- Delta 9-12 High School
Additional Features
- 1,742 Sq Ft Lot
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 345724117036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 5, 2023
Closed on
Jan 23, 2024
Sold by
Come Monday Llc
Bought by
Parker Todd
Seller's Agent
Scott Elkins
Telluride Realty, LLC
Buyer's Agent
Glenn Steil
Style Real Estate LLC
List Price
$122,400
Sold Price
$121,900
Premium/Discount to List
-$500
-0.41%
Total Days on Market
27
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,044
Avg. Annual Appreciation
8.06%
Original Mortgage
$91,425
Outstanding Balance
$90,568
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$44,044
Purchase Details
Closed on
Feb 15, 2019
Sold by
Come Monday Llc
Bought by
Jax Tell Llc
Purchase Details
Closed on
Sep 29, 2006
Sold by
Biddle Ronald B
Bought by
Forges Gregory A
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parker Todd | $121,900 | Land Title | |
| Come Monday Llc | -- | None Listed On Document | |
| Jax Tell Llc | -- | Land Title Guarantee Co | |
| Forges Gregory A | $35,500 | Security Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Parker Todd | $91,425 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2024 01/26/24 | Sold | $121,900 | 0.0% | $153 / Sq Ft |
| 01/01/2024 01/01/24 | Pending | -- | -- | -- |
| 12/16/2023 12/16/23 | Price Changed | $121,900 | -0.4% | $153 / Sq Ft |
| 12/05/2023 12/05/23 | For Sale | $122,400 | -- | $154 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $135 | $2,044 | $0 | $2,044 |
| 2022 | $311 | $2,682 | $0 | $2,682 |
| 2021 | $175 | $2,759 | $0 | $2,759 |
| 2020 | $146 | $2,266 | $0 | $2,266 |
| 2019 | $144 | $2,266 | $0 | $2,266 |
| 2018 | $106 | $1,613 | $0 | $1,613 |
| 2017 | $103 | $1,613 | $0 | $1,613 |
| 2016 | $104 | $1,783 | $0 | $1,783 |
| 2014 | -- | $1,783 | $0 | $1,783 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Elkins
-
Glenn Steil
Buyer's Agent in 2024
Glenn Steil
Style Real Estate LLC
(970) 901-6532
65 Total Sales
Map
Similar Home in Delta, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 809646
APN: R023078
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