NOT LISTED FOR SALE

132 Ray Ave Rifle, CO 81650

Estimated Value: $418,000 - $542,000

3 Beds
3 Baths
1,680 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2014

Last sale price $58,000 $35 Per Sq Ft

Est. 745% increase in value since last sale

Current estimated payment $2,811 / mo

27 Days on Market

About This Home

As of October 2014

This large flat lot could be your key to investment opportunities! Previously a Duplex-Triplex, this is your ticket to making money! The current structure needs lots of love, but a future structure could bring in the bucks! Old exterior siding contains asbestos (as is common in many older structures), test results available. Property purchased in As-Is condition – great opportunity!

Last Agent to Sell the Property

Ryan Jennings

Coldwell Banker Mason Morse-Carbondale Brokerage Phone: (970) 963-3300 Listed on: 08/26/2014

Co-Listed By

Chris Patrick

Coldwell Banker Mason Morse-GWS Brokerage Phone: (970) 963-3300

Last Buyer's Agent

Steve Carter

RE/MAX Country License #FA40018629

RE/MAX Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $352

Year Built

  • Built in 1921

Lot Details

  • 12,500 Sq Ft Lot
  • Property is in below average condition

Parking

  • No Garage

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Building

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Bryton Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 217717203017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$352

Year Built

Built in 1921

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: CBMMGlenwoodG
  • Subdivision Name: Bryton
  • Directions: Highway 6&24 West of Rifle to right on Ray Avenue.
  • Architectural Style: Ranch
  • Master Model: No
  • New Construction: No
  • Year Built: 1921
  • Tax Parcel Letter: R040679
  • Attribution Contact: (970) 963-3300
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: Yes
  • Listing Info:Auction: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 352.48
  • Financing Info:Tax Year2: 2013
  • Sanitation:Sewer: Yes
  • Style:Ranch: Yes
  • Condition:Poor: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1680.0

Exterior Features

  • Property Condition: Poor

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Building Features: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 12500.0
  • Parcel #: 217717203017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 352.48
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 13, 2014
Sold by
Fannie Mae
Bought by
Ruiz Rosa I and Ruiz Sergio
Seller's Agent
Ryan Jennings
Coldwell Banker Mason Morse-Carbondale
Buyer's Agent
Steve Carter
RE/MAX Country
List Price
$61,900
Sold Price
$58,000
Premium/Discount to List
-$3,900
-6.3%
Current Estimated Value
$490,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,306
Avg. Annual Appreciation
20.26%

Purchase Details

Closed on
Jan 23, 2014
Sold by
Pierson Trent Richard
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 16, 2014
Sold by
Us Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 17, 2003
Sold by
Bettale Kevin and Bettale Michal
Bought by
Pierson Trent Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
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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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
Ruiz Rosa I $58,000 Servicelink Llc
Us Bank National Association -- None Available
Federal National Mortgage Association -- None Available
Pierson Trent Richard $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierson Trent Richard $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2014 10/14/14 Sold $58,000 -6.3% $35 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $61,900 -- $37 / Sq Ft
Source: Aspen Glenwood 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 $2,530 $28,780 $5,000 $23,780
2024 $2,530 $23,020 $3,470 $19,550
2023 $1,755 $23,020 $3,470 $19,550
2022 $1,853 $25,880 $3,400 $22,480
2021 $2,176 $27,220 $3,580 $23,640
2020 $1,284 $17,560 $3,290 $14,270
2019 $1,098 $15,860 $3,290 $12,570
2018 $504 $7,120 $4,320 $2,800
2017 $456 $7,120 $4,320 $2,800
2016 $498 $8,810 $4,780 $4,030
2015 $460 $8,810 $4,780 $4,030
2014 $355 $6,760 $2,150 $4,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 135868

Aspen Glenwood MLS

APN: R040679

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