NOT LISTED FOR SALE

1463 M St Penrose, CO 81240

Estimated Value: $463,614

1 Bed
1 Bath
1,530 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $510,000 $333 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,062/month

173 Days on Market

Highlights

  • 5.87 Acre Lot
  • 16 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Solar Water Heater
  • Outdoor Storage

About This Home

As of June 2024

COMMERCIAL / RESIDENTIAL. Multi use site and a great location right off HWY 50 with lots of visibility for your business. 5.8 flat, useable acres, a 40 X 80 (3200 sq ft) shop/warehouse built in 2008, and a 1530 sq ft Morton office building with wheelchair access. Being located with easy access to cities such as Pueblo and Colorado Springs, this property could be a great home for a company who wants to have a more remote location out west. Many businesses located on the front range service areas out west, and it can be very beneficial to have a space closer to those areas. Or, turn this property into your home, and enjoy this large shop for personal or business use. This property used to be home to a solar company, so both buildings are on fully independent solar systems... COMMERCIAL / RESIDENTIAL. Multi use site and a great location right off HWY 50 with lots of visibility for your business. 5.8 flat, useable acres, a 40 X 80 (3200 sq ft) shop/warehouse built in 2008, and a 1530 sq ft office building with wheelchair access. Being located with easy access to cities such as Pueblo and Colorado Springs, this property could be a great home for a company who wants to have a more remote location out west. Many businesses located on the front range service areas out west, and it can be very beneficial to have a space closer to those areas. Or, turn this property into your home, and enjoy this large shop for personal or business use. This property used to be home to a solar company, so the house on fully independent solar systems...

COMMERCIAL / RESIDENTIAL. Multi use site and a great location right off HWY 50 with lots of visibility for your business. 5.8 flat, useable acres, a 40 X 80 (3200 sq ft) shop/warehouse built in 2008, and a 1530 sq ft office building with wheelchair access.
Being located with easy access to cities such as Pueblo and Colorado Springs, this property could be a great home for a company who wants to have a more remote location out west. Many businesses located on the front range service areas out west, and it can be very beneficial to have a space closer to those areas.

Or, turn this property into your home, and enjoy this large shop for personal or business use.
This property used to be home to a solar company, so the house is on a fully independent solar systems, and both the house and shop have wind turbines as well. The shop is on standard electric. Radiant Floor heat in the home/office. The solar runs the AC!

Easy distance to Pueblo, Colorado Springs, Canon City, and I-25, located on a major artery for commuters and visibility.
Warehouse Solar/Wind system:
" 48 Volt System
" Xantrex Inverter 5.4kw 240VAC
" Skystream 3.7 Wind Turbine 1.8kw
" Trojan batteries - new 2020
" 680 watts of PV
" MS Tri-Star Charge controller
" Outback Transformer
" (Grid-Power installed 2021)
Office solar/Wind system
" 24 Volt system
" Outback inverter 3.5kw 120 VAC
" Whisper 200 Wind Turbine 1.0kw
" Surrette Batteries - new 2018
" 2500 watts of PV
" MS Tri-Star & Midnite Classic charge controllers

Last Agent to Sell the Property

Nancy DuLac

Re/Max Peak to Peak License #FA100077941 Listed on: 11/16/2023

Re/Max Peak to Peak

Last Buyer's Agent

Member Non

NON-MEMBER AGENCY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 2004

Lot Details

  • 5.87

Parking

  • 16 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Eco-Friendly Details

  • Solar Water Heater
  • Heating system powered by active solar

Utilities

  • Heating System Uses Propane
  • Radiant Heating System
  • Propane
  • Water Tap Fee Is Paid
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 5.87 Acre Lot

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 99926540

Community Details

Overview

  • No Home Owners Association
  • Out Of Area Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 2004

Lot Details

0

Parking

16

Listing Details

  • Prop. Type: Single Family Res
  • Lot Size Acres: 5.87
  • Inclusions: Refrigerator, Range, Oven, Microwave
  • Subdivision Name: OUT OF AREA
  • Directions: Going South on US-50, pass the CO 115 juntion. Turn right onto M Street. Property is on the right.
  • Architectural Style: One Level
  • Carport Y N: No
  • Year Built: 2004
  • Location Legal and Taxes:Parcel Number2: 99926540
  • Location Legal and Taxes:Taxes2: 1939.6
  • General Property Description:Total SqFt2: 1530.0
  • General Property Description:Style2: One Level
  • General Property Description:Acres2: 5.87
  • Miscellaneous Possession: TOD
  • Water Source:Community: n/a
  • Water Source:Public: Tap Paid
  • Water Source:Well: n/a
  • Sewer Source:Community2: n/a
  • Sewer Source:Public2: n/a
  • Sewer Source:Septic: Septic In
  • Utilities:Cable TV3: Avail. Not Connected
  • Utilities Electric: Connected
  • Utilities:Natural Gas: Avail. Not Connected
  • Utilities:Propane Gas: Connected
  • Utilities Telephone: Avail. Not Connected
  • Utilities:Heat3: Propane Gas
  • Inclusions:Dishwasher: no
  • Inclusions:Disposal: no
  • Inclusions:Furniture: no
  • Inclusions:Microwave: yes
  • Inclusions:Oven: yes
  • Inclusions:Range: yes
  • Inclusions:WD Hookup: no
  • Inclusions:WasherDryer: no
  • Special Listing Conditions:Real Estate Owned: No
  • Special Listing Conditions:Short Sale2: No
  • Description:SolarActive: Yes
  • Description:SolarHot Wat: Yes
  • PropertyRental Mgmt Short Term Rentals Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Possible Use: Commercial, Business, Residential
  • Total Bedrooms: 1
  • Living Area: 1530.0
  • FireplaceWood Stove:_pound_ of FireplaceStove: 0
  • FireplaceWood Stove:Basement: no
  • FireplaceWood Stove:Bedroom: no
  • FireplaceWood Stove:Dining Room: no
  • FireplaceWood Stove:Family Room: no
  • FireplaceWood Stove:Kitchen: no
  • FireplaceWood Stove:Living Room: no
  • FireplaceWood Stove:Fireplace Remarks2: none
  • FireplaceWood Stove:Master Bedroom: no
  • Basement:CrawlSlab: Crawl Space

Exterior Features

  • Construction Type: Metal Siding
  • Construction:Metal Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 16.0
  • General Property Description:Garage Type2: Detached
  • General Property Description:Garage Stalls: 16
  • General Property Description:Garage Remarks2: 40 X 80 Metal Shop

Utilities

  • Heating: Radiant, Propane Gas
  • Heating Yn: Yes
  • Electric: Solar/Active
  • Type of Heating: Radiant

Condo/Co-op/Association

  • Amenities: Storage
  • Association: No

Association/Amenities

  • Amenities:Outside Storage: Yes
  • Location Legal and Taxes:Association YN: No

Lot Info

  • Lot Size Sq Ft: 255697.2
  • Parcel #: 99926540
  • ResoLotSizeUnits: Acres

Multi Family

Tax Info

  • Tax Annual Amount: 1939.6
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jun 7, 2024
Sold by
1463 M St Llc
Bought by
Simple Tiny Homes Co Llc
Seller's Agent
Nancy DuLac
Re/Max Peak to Peak
Buyer's Agent
Member Non
NON-MEMBER AGENCY
List Price
$529,900
Sold Price
$510,000
Premium/Discount to List
-$19,900
-3.76%
Views
106
Current Estimated Value
$463,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,386
Avg. Annual Appreciation
-8.09%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Dulac Denise L
Bought by
1463 M St Llc

Purchase Details

Closed on
Oct 29, 2021
Sold by
All Solar Inc
Bought by
Dulac Denise L

Purchase Details

Closed on
Feb 27, 2007
Sold by
Bravo Property Management Co Inc
Bought by
All Solar Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,321
Interest Rate
6.13%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 13, 2006
Sold by
Bravo Property Managment Co Inc
Bought by
All Solar Inc
Source: Public Records

Range of Values:

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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
Simple Tiny Homes Co Llc $510,000 Land Title
1463 M St Llc -- None Available
Dulac Denise L $498,000 Fidelity National Title
All Solar Inc -- None Available
All Solar Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner All Solar Inc $300,000
Previous Owner All Solar Inc $50,000
Previous Owner Allsolar Inc $37,321
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $510,000 -3.8% $333 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
11/16/2023 11/16/23 For Sale $529,900 -- $346 / Sq Ft
Source: Grand County Board 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 $5,961 $90,691 $0 $0
2023 $5,961 $80,926 $0 $0
2022 $3,670 $50,334 $0 $0
2021 $3,612 $50,334 $0 $0
2020 $2,798 $45,525 $0 $0
2019 $2,810 $45,525 $0 $0
2018 $2,804 $45,526 $0 $0
2017 $2,854 $45,526 $0 $0
2016 $2,837 $45,960 $0 $0
2015 $2,802 $45,960 $0 $0
2012 $3,002 $45,566 $10,150 $35,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand County Board of REALTORS®

MLS Number: 23-1263

APN: 000099926540