NOT LISTED FOR SALE

1407 Cedar St Unit 3 Pueblo, CO 81004

Bessemer Neighborhood

Estimated Value: $231,000 - $273,293

4 Beds
3 Baths
2,300 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $170,000 $74 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,476/month

Highlights

  • Ranch Style House
  • No HOA
  • Ceiling Fan
  • Lawn
  • Forced Air Heating System

About This Home

As of May 2019

Well maintained triplex with EXCELLENT RENTAL HISTORY! CASH FLOW, CASH FLOW, CASH FLOW! The units can be easily rented in the event of a vacancy. Recent upgrades in the last 3 years include new low-E vinyl windows, new roof, new hot water heater, new carpet, and new paint. This is a wonderful income property! Or you can buy it, live in one of the units, and rent out the other 2 units to pay the mortgage! The lower unit is the only unit that has a laundry area. **Owners are also willing to sell another investment property combined with this one!** Call THE TOP SHELF TEAM to set up a time to see this property today!

Last Agent to Sell the Property

JR Chavez

Schwabe Real Estate Inc Listed on: 04/11/2019

Last Buyer's Agent

JR Chavez

Schwabe Real Estate Inc Listed on: 04/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1950

Lot Details

  • 4,312 Sq Ft Lot
  • Lot Dimensions are 35 x 123
  • Aluminum or Metal Fence
  • Lawn
  • Property is in good condition

Parking

  • No Garage

Home Design

  • Triplex
  • Ranch Style House
  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Galvanized Plumbing
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,300 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Location

  • Ground Level
  • Lower Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Minnequa Area Subdivision

Listing and Financial Details

  • Exclusions: Tenants Properties, Exclude basement washer & dryer and appliances as they are the tenants, backyard rabbit hutch, playground equipment, and the shed.
  • Total Actual Rent $1,750
  • The owner pays for sewer, electricity, grounds care, gas, repairs, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$655

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From Northern Ave turn south on Pine St, then turn west on Central Ave, then turn south on Cedar St. The property is on the west side of the street.
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.099
  • Lot Size: 35 x 123
  • Road Surface Type: Paved
  • Subdivision Name: Minnequa Area
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, Upper & Lower, Other-See Remarks
  • Year Built: 1950
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: B
  • NAV29_Water_Heater: Gas
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: No
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Good
  • NAV29_Unit_3_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • 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

Interior Features

  • Appliances: Refrigerator-None, Electric Range-All
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Full, Finished
  • Private Spa: No
  • Owner Pays: Sewer, Electricity, Grounds Care, Gas, Repairs, Water
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Single Pane, Window Coverings

Exterior Features

  • Exclusions: Tenants Properties, Exclude basement washer & dryer and appliances as they are the tenants, backyard rabbit hutch, playground equipment, and the shed.
  • Exterior Features: Outdoor Lighting-Rear, Outdoor Lighting-Front
  • Roof: Composition
  • Fencing: Metal Fence-Rear
  • Lot Features: Rock-Rear, Lawn-Front
  • Disclosures: 0
  • Construction Type: Frame, Stucco, Copper Plumbing, Galvanized Plumbing, Plastic Plumbing
  • Patio And Porch Features: None

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: No Garage

Utilities

  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups in Some Units
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: Xcel

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 60

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 4312.44
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1750
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 655.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 14, 2019
Sold by
1407 1409 Cedar Llc
Bought by
Kennedy Austin
Seller's Agent
JR Chavez
Schwabe Real Estate Inc
Buyer's Agent
JR Chavez
Schwabe Real Estate Inc
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$251,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,157
Avg. Annual Appreciation
6.81%
Original Mortgage
$127,500
Outstanding Balance
$113,044
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$143,155

Purchase Details

Closed on
Aug 25, 2017
Sold by
Deshon David A and Deshon Glenda Kay
Bought by
Simony Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Deshon David A and Deshon Glenda Kay
Bought by
Deshon David A and Deshon Glenda Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
5.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 5, 2004
Sold by
Fed National Mortg Assoc
Bought by
Deshon David A + Glenda Kay

Purchase Details

Closed on
Dec 24, 2003
Sold by
Smart Richard W + Cecilia J
Bought by
Fed National Mortg Assoc

Purchase Details

Closed on
Nov 30, 1999
Sold by
Montez Albert + Ermalinda
Bought by
Smart Richard W + Cecilia J

Purchase Details

Closed on
May 22, 1997
Sold by
Villanueva Bennie O
Bought by
Montez Albert + Ermalinda

Purchase Details

Closed on
Jun 20, 1973
Sold by
Weed Ruth M
Bought by
Villanueva Bennie O
Source: Public Records

Range of Values:

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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
Kennedy Austin $170,000 Land Title Guarantee
Simony Therese $125,000 Stewart Title
Deshon David A -- Security Title
Deshon David A + Glenda Kay $59,000 --
Fed National Mortg Assoc -- --
Smart Richard W + Cecilia J $68,000 --
Montez Albert + Ermalinda -- --
Villanueva Bennie O $17,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Austin $127,500
Open St 1407 1409 Cedar $498,652
Previous Owner Simony Therese $93,750
Previous Owner Deshon David A $115,000
Previous Owner Deshon David A $48,980
Previous Owner Deshon David A $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $170,000 -2.9% $74 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/11/2019 04/11/19 For Sale $175,000 -- $76 / 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 $1,073 $10,860 -- --
2023 $1,079 $14,550 $1,010 $13,540
2022 $972 $9,790 $440 $9,350
2021 $1,025 $10,290 $460 $9,830
2020 $855 $10,290 $460 $9,830
2019 $855 $8,471 $174 $8,297
2018 $669 $7,381 $176 $7,205
2017 $497 $7,381 $176 $7,205
2016 $462 $5,090 $194 $4,896
2015 $461 $5,090 $194 $4,896
2014 $470 $5,185 $194 $4,991
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 179188

Pueblo Association of REALTORS®

APN: 1-5-12-2-27-025