NOT LISTED FOR SALE

1512 Elm Ave Canon City, CO 81212

Estimated Value: $458,000 - $542,000

9 Beds
2 Baths
3,973 Sq Ft
$121/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $470,000 $118 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,803/month

154 Days on Market

About This Home

As of June 2024

Attention, investors! This offering boasts 4 Single Family Homes situated on an expansive 1.4-acre lot in Lincoln Park! The property includes three brand-new septic tanks, two storage sheds, and features one home that is wheelchair accessible. All four houses have recently received brand-new roofs, ensuring durability and longevity.Currently, the properties operate on a month-to-month lease basis, providing flexibility for the new owner. Whether you choose to maintain the existing layout or embark on a remodeling venture, the potential for this property is vast. It presents an excellent opportunity for seasoned investors and those looking to make a strategic entry into the rental market.Don't miss the chance to capitalize on the potential of this income property. Schedule your viewing today and envision the possibilities that await on this expansive 1.4-acre parcel with four single-family homes!

Last Agent to Sell the Property

KAYLA BRADY

Homesmart Preferred Realty (Westcliffe) Brokerage Phone: (719) 494-4617 License #FA100080398 Listed on: 12/11/2023

Homesmart Preferred Realty (Westcliffe)

Co-Listed By

Tanya Marushack

Homesmart Preferred Realty (Westcliffe) Brokerage Phone: (719) 494-4617 License #EA100068569

Last Buyer's Agent

KAYLA BRADY

Homesmart Preferred Realty (Westcliffe) Brokerage Phone: (719) 494-4617 License #FA100080398 Listed on: 12/11/2023

Homesmart Preferred Realty (Westcliffe)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1940

Lot Details

  • 1.44 Acre Lot
  • Year Round Access

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 9 Bedrooms
  • 3,973 Sq Ft Home
  • Carpet

Utilities

  • Natural Gas Connected

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,190

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Reso Interior Features: Flooring: Carpet
  • Property Sub-Type: Resale Home, 4+ Units, Fixer Upper
  • PropertyType: Multi Family
  • Property Type: Multi-Family Building
  • Year Built: 1940
  • Master Plan Zoning: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Total Bathrooms: 5
  • Listing Area: Fremont County
  • Living Area: 3973

Exterior Features

  • Exterior Features: Access- All Year
  • Exterior Construction: Frame, Stucco
  • Roof Type: Asphalt

Utilities

  • Utilities: Natural Gas: Hooked-up, Sewer: Hooked-up, Power: Line On Meter, Water: Central Hooked Up

Lot Info

  • Lot Size: 1.44

Tax Info

  • Estimated Annual Taxes: 2190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
Jun 28, 2024
Sold by
Denis Kurt and Denis Jerry A
Bought by
Murten Robert James and Mcguire Starlite Dawn
Seller's Agent
KAYLA BRADY
Homesmart Preferred Realty (Westcliffe)
Buyer's Agent
KAYLA BRADY
Homesmart Preferred Realty (Westcliffe)
List Price
$550,000
Sold Price
$470,000
Premium/Discount to List
-$80,000
-14.55%
Current Estimated Value
$481,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,622
Avg. Annual Appreciation
2.20%
Original Mortgage
$110,000
Outstanding Balance
$104,797
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$376,825

Purchase Details

Closed on
Feb 22, 2007
Sold by
Clark Jerry L and Clark Laura L
Bought by
Denis Kurt and Denis Jerry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.17%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Murten Robert James $470,000 Fidelity National Title
Denis Kurt $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murten Robert James $110,000
Previous Owner Denis Kurt $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $470,000 -14.5% $118 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $550,000 -- $138 / Sq Ft
Source: Westcliffe Listing Service

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 $1,986 $27,805 $0 $0
2023 $1,986 $23,182 $0 $0
2022 $1,888 $22,498 $0 $0
2021 $1,891 $23,146 $0 $0
2020 $1,400 $17,262 $0 $0
2019 $1,382 $17,262 $0 $0
2018 $1,229 $14,950 $0 $0
2017 $1,051 $14,950 $0 $0
2016 $1,032 $14,680 $0 $0
2015 $1,030 $14,680 $0 $0
2012 $1,013 $15,179 $6,686 $8,493
Source: Public Records

Agents Affiliated with this Home

  • KAYLA BRADY

    Seller's Agent in 2024

    KAYLA BRADY

    Homesmart Preferred Realty (Westcliffe)

    (719) 494-4617

    1 in this area

    116 Total Sales

    Section Image
  • Tanya Marushack

    Seller Co-Listing Agent in 2024

    Tanya Marushack

    Homesmart Preferred Realty (Westcliffe)

    (719) 276-7742

    3 in this area

    38 Total Sales

    Section Image
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Map

Source: Westcliffe Listing Service

MLS Number: 2516538

APN: 000099104461

Colorado Fremont County Canon City 81212

1512 Elm Ave, Canon City, CO

This home is located at 1512 Elm Ave, Canon City, CO 81212 since 11 December 2023 and is currently estimated at $481,622, approximately $121 per square foot. This property was built in 1940. 1512 Elm Ave is a home located in Fremont County with nearby schools including McKinley Elementary School, Canon City High School, and Calvary Christian 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.

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