NOT LISTED FOR SALE

132 W 5th St Rifle, CO 81650

Estimated Value: $358,876

2 Beds
1 Bath
1,060 Sq Ft
$339/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2024

Last sale price $335,000 $316 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,411 / mo

Highlights

  • Green Building
  • Interior Lot
  • Evaporated cooling system
  • Main Floor Primary Bedroom
  • Brick Veneer
  • 3-minute walk to Centennial Park

About This Home

As of April 2024

Discover a unique opportunity with this charming 1948 residential home that boasts commercial zoning, offering endless possibilities for your dream lifestyle. Situated in a prime location, this property combines the comfort of a cozy dwelling with the versatility of commercial potential.
Property Features: 2 bedrooms, 1 bath
Spacious living room filled with natural light
Thoughtfully designed layout for maximum functionality. Vintage charm combined with modern convenience. Expansive backyard with room for customization
Commercial zoning for entrepreneurial ventures.
Step inside and be greeted by the warmth of this vintage gem, exuding a sense of nostalgia while providing all the comforts of modern living. The living room offers a welcoming space, flooded with natural light that highlights the unique character of the home. Adjacent, the kitchen presents an opportunity to whip up culinary delights.
The 2 bedrooms provide cozy retreats, perfect for rest and relaxation OR individual office spaces. The shared bathroom boasts timeless appeal, echoing the history of the property. The thoughtfully designed layout ensures a seamless flow between spaces, making everyday living a breeze.
One of the standout features of this property is its expansive backyard, offering a canvas for your creative vision. Whether you envision a tranquil garden oasis, an outdoor entertainment area, or even a small business endeavor, the space invites limitless possibilities.
In addition to its residential charm, the commercial zoning adds a layer of potential to this property. Imagine transforming this space into a boutique storefront, a cozy cafe, a quaint gallery, or any other entrepreneurial venture that aligns with your aspirations.
Situated in a location that seamlessly blends residential comfort with commercial accessibility, this property offers the best of both worlds. Don't miss the chance to own a piece of history while embracing the future. Schedule a viewing today and explore the myriad of possibilities that this unique property has to offer!

Last Agent to Sell the Property

Shannon Kyle

Cheryl&Co. Real Estate, LLC Brokerage Phone: (970) 625-4441 License #400413702 Listed on: 03/07/2024

Last Buyer's Agent

Rene' Sorensen

Reynolds Realty License #IR100054274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 1948

Lot Details

  • 6,250 Sq Ft Lot
  • South Facing Home
  • Southern Exposure
  • Fenced
  • Interior Lot
  • Property is in good condition
  • Property is zoned commercial

Home Design

  • Brick Veneer
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Window Treatments
  • Unfinished Basement
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • 1 Car Parking Space

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Storage Shed
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • First National Bank Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217709318002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,869

Year Built

Built in 1948

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Inclusions: Ceiling Fan, Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: First National Bank Addition
  • Directions: Railroad Ave to West 5th, house is on the right.
  • Above Grade Finished Sq Ft: 1060.0
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 1948
  • Tax Parcel Letter: R360940
  • Attribution Contact: (970) 625-4441
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: commercial
  • General Info:Unfinished SqFt: 1060.0
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 3869.08
  • Financing Info:Tax Year2: 2023
  • Listing Info:New Construction: No
  • Substructure:Unfinished Basement: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:Evaporative Cooling: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Window Coverings: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1060.0
  • General Info:Unit Faces: South
  • Exterior:Brick Veneer: Yes
  • Extras:Storage Shed: Yes
  • Laundry Facility:In Basement: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1060.0
  • Style Other: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot
  • Disclosures: Radon
  • Construction Type: Brick Veneer, Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: None
  • Parking Area:_one_ Car2: Yes

Utilities

  • Laundry Features: In Basement
  • Building Features: Yes
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Exposure Southern: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 6250.0
  • Parcel #: 217709318002
  • Zoning: commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3869.08
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 25, 2024
Sold by
Jblreg Land Holdings Llc
Bought by
Alvarado Romero Estela
Seller's Agent
Shannon Kyle
Cheryl&Co. Real Estate, LLC
Buyer's Agent
Rene' Sorensen
Reynolds Realty
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%
Views
6
Current Estimated Value
$358,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,876
Avg. Annual Appreciation
3.37%
Original Mortgage
$12,794
Outstanding Balance
$3,180
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$355,696

Purchase Details

Closed on
Jan 12, 2022
Sold by
Lucas Jr Cecil C
Bought by
Jblreg Land Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2004
Sold by
Va
Bought by
Lucas Cecil C and Lucas Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2004
Sold by
Wells Fargo Home Mortgage Inc
Bought by
Va

Purchase Details

Closed on
Oct 30, 2000
Sold by
Pologar Dorothy J
Bought by
House Ted S & Judy Arlene

Purchase Details

Closed on
Aug 3, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Alvarado Romero Estela $335,000 Title Company Of The Rockies
Jblreg Land Holdings Llc $295,000 None Listed On Document
Lucas Cecil C $163,000 Stewart Title
Va -- --
Wells Fargo Home Mortgage -- --
House Ted S & Judy Arlene $142,000 --
House Ted S & Judy Arlene $142,000 --
-- $34,000 --
-- $34,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Alvarado Romero Estela $12,794
Open Alvarado Romero Estela $319,851
Previous Owner Jblreg Land Holdings Llc $510,000
Previous Owner Lucas Cecil C $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $335,000 -4.3% $316 / Sq Ft
03/07/2024 03/07/24 For Sale $350,000 -- $330 / 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 $5,616 $64,030 $33,750 $30,280
2024 $5,616 $54,840 $31,390 $23,450
2023 $4,388 $54,840 $31,390 $23,450
2022 $3,656 $48,500 $27,190 $21,310
2021 $4,060 $48,500 $27,190 $21,310
2020 $3,918 $50,940 $27,190 $23,750
2019 $3,718 $50,940 $27,190 $23,750
2018 $4,020 $53,900 $29,910 $23,990
2017 $3,652 $53,900 $29,910 $23,990
2016 $3,358 $55,700 $30,810 $24,890
2015 $3,117 $55,700 $30,810 $24,890
2014 -- $59,380 $33,710 $25,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 182807

Aspen Glenwood MLS

APN: R360940

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