NOT LISTED FOR SALE

1401 Chestnut Ave Rocky Ford, CO 81067

Estimated Value: $120,000 - $247,000

36 Beds
18 Baths
2,452 Sq Ft
$68/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $220,000 $90 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $948/month

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Lawn
  • 1.12 Acre Lot
  • Corner Lot
  • No HOA

About This Home

As of September 2017

LIVE IN COMFORT WHILE MAKING AN INCOME! THIS RANCH HOME (WITH FULL BASEMENT) COMES WITH A 19-SPACE MOBILE HOME PARK! GREAT LOCATION WITH A SOLID RENTAL HISTORY! MOST UNITS ARE CURRENTLY OCCUPIED BY TENANTS. POTENTIAL INCOME IS OVER $6,300.00 PER MONTH!! A FEW OF THE MOBILE HOMES ARE PRIVATELY OWNED. GREAT INCOME PROPERTY OPPORTUNITY. RARE OPPORTUNITY!!

Last Agent to Sell the Property

Renee Hassebroek

RE/MAX Associates License #100068116 Listed on: 03/05/2017

Co-Listed By

Stephen Arnold

RE/MAX Associates

Last Buyer's Agent

Renee Hassebroek

RE/MAX Associates License #100068116 Listed on: 03/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1959

Lot Details

  • 1.12 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Sprinkler System
  • Landscaped with Trees
  • Lawn
  • Property is in average condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,452 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Tile Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Built-In Microwave
  • No Kitchen Appliances
  • Disposal

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 18 Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Location

  • Ground Level

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Well

Community Details

  • No Home Owners Association
  • 17 Units
  • Rocky Ford Subdivision

Listing and Financial Details

  • Total Actual Rent $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Directions: IN ROCKY FORD FROM U.S. HWY 50, TURN LEFT ON 14TH ST. ON CORNER OF 14TH AND CHESTNUT.
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.1155
  • Road Surface Type: Paved, Unimproved
  • Co List Office Mls Id: 934
  • Co List Office Phone: 719-583-8383
  • Subdivision Name: Rocky Ford
  • Architectural Style: Ranch, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Other-See Remarks
  • Year Built: 1959
  • NAV29_Unit_1_Level: M
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: Yes
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Avg
  • NAV29_Unit_1_Appliances: No
  • NAV29_Unit_2_Appliances: No
  • NAV29_Unit_3_Appliances: No
  • NAV29_Unit_4_Appliances: No
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Garbage Disposal-Some, Microwave Built-In-Some, Dishwasher-Some, Electric Range-Some, Gas Range-Some, Refrigerator-Some
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Full
  • Private Spa: No
  • Total Bedrooms: 36
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Window Features: Single Pane, Double Pane Windows, Storm Window(s), Window Coverings

Exterior Features

  • Exterior Features: Other-See Remarks
  • Roof: Composition
  • Lot Features: Irregular Lot, Corner Lot, Sprinkler System-Rear, Lawn-Rear, Sprinkler System-Front, Trees-Front
  • Disclosures: 0
  • Construction Type: Stucco, Copper Plumbing, Plastic Plumbing
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Porch-Covered-Rear, Porch-Covered-Front

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2
  • NAV29_Unit_1_Garage: 2

Utilities

  • Cooling: Other
  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups in Some Units
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Well
  • Gas Company: BlackHill

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: R-2

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 48591.18
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 17
  • Total Actual Rent: 800
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Rocky Ford Mhp Ii Llc
Bought by
Baiey Investments Limited Liablity Company
Current Estimated Value
$166,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,300
Interest Rate
2.1%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2018
Sold by
Arroyo Properties Trust Llc
Bought by
Bahari Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2017
Closed on
Sep 1, 2017
Sold by
Brittain Lewis S and Brittain Betty J
Bought by
Arroyo Properties Trust Llc
Seller's Agent
Renee Hassebroek
RE/MAX Associates
Buyer's Agent
Renee Hassebroek
RE/MAX Associates
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%
Original Mortgage
$180,000
Interest Rate
7%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baiey Investments Limited Liablity Company -- --
Bahari Investments Llc $400,000 Otero County Title
Arroyo Properties Trust Llc $220,000 Otero County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Baiey Investments Limited Liablity Company $372,300
Previous Owner Bahari Investments Llc $350,000
Previous Owner Arroyo Properties Trust Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $220,000 0.0% $90 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
03/05/2017 03/05/17 For Sale $219,900 -- $90 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $477 $5,639 $244 $5,395
2023 $477 $5,639 $244 $5,395
2022 $621 $7,300 $253 $7,047
2021 $633 $7,511 $261 $7,250
2020 $478 $6,317 $261 $6,056
2019 $478 $6,317 $261 $6,056
2018 $468 $6,184 $262 $5,922
2017 $469 $6,184 $262 $5,922
2016 $586 $7,740 $290 $7,450
2015 $528 $7,740 $290 $7,450
2014 $528 $7,912 $290 $7,622
Source: Public Records

Agents Affiliated with this Home

  • Renee Hassebroek

    Seller's Agent in 2017

    Renee Hassebroek

    RE/MAX

    (719) 582-6644

    2 in this area

    136 Total Sales

    Renee Hassebroek
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Stephen Arnold

    RE/MAX

See All Agents

Map

Source: Pueblo Association of REALTORS®

MLS Number: 165780

Pueblo Association of REALTORS®

APN: 4443-181-06002

Colorado Otero County Rocky Ford 81067

1401 Chestnut Ave, Rocky Ford, CO

This home is located at 1401 Chestnut Ave, Rocky Ford, CO 81067 since 05 March 2017 and is currently estimated at $166,667, approximately $67 per square foot. This property was built in 1959. 1401 Chestnut Ave is a home located in Otero County with nearby schools including Washington Primary School, Jefferson Intermediate School, and Rocky Ford Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pueblo Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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