NOT LISTED FOR SALE

1530 Grand Ave Norwood, CO 81423

Estimated Value: $519,000 - $669,001

6 Beds
3 Baths
2,212 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $319,000 $144 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,827/month

55 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Forced Air Cooling System
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Tankless Water Heater

About This Home

As of June 2019

In the heart of downtown Norwood is this commercial/residential building waiting for your new business and your new residence. This building is like new. It has been completely renovated with all new plumbing, electrical, heating, air conditioning and beautiful upgrades. It has a spacious one bedroom apartment in the rear. The front of the building has 5 more office/bedroom spaces. The walls can be removed for whatever configuration you desire and 2 more bathrooms. The workmanship is impressive. So many options with this property. Also available for purchase are the 2 lots to the south bordering Naturita Street. This property is exceptional.

Last Agent to Sell the Property

Arleen Boyd

Pine Cone Realty LLC Listed on: 03/14/2019

Last Buyer's Agent

Arleen Boyd

Pine Cone Realty LLC Listed on: 03/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1931 | Remodeled in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Privacy Fence
  • Property is zoned Live/Work, Commercial, Mixed-Use

Home Design

  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,212 Sq Ft Home
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Schools

  • Norwood K-5 Elementary School
  • Norwood 6-12 Middle School
  • Norwood 6-12 High School

Utilities

  • Forced Air Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 429527202006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,052

Year Built

Built in 1931 | Remodeled in 2016

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.2
  • Class: RESIDENTIAL
  • Elevation: 7000
  • Em Deposit: 10,000
  • Em Holder: Title company
  • Legal Lot Block: A PARCEL OF LAND LOC IN THE NW4 SEC 27 T45N 413W NMPM DESC AS FOL BEG AT THE NW COR LOT 12 BLK 4 FIRST ADD TO THE TOWN OF NORWOOD ALSO KNOWN AS GOURLEYS ADDITION BY PLAT REC 12 18 1894 IN PLAT BOOK 28 AT PAGE 8 THE CONTINUING W A DIST OF 37.5 FT TO THE PO
  • List Price per Sq Ft: 153.25
  • Parcel Id Number: 429527202006
  • Price Per Sq Ft: 144.21
  • Real Estate Included: Yes
  • Realist Id: 429527202006
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 144.21
  • Street Designation: Avenue
  • Tax Account Id: R2010020500
  • Zoning: Residential Single Family, Live/Work, Commercial, Mixed-Use
  • Type: Stick Built
  • Internet Provider: Brainstorm
  • Internet Service: Yes
  • Lvt Date: 03/16/2019
  • Total Taxes Dollar: 4,052.22
  • Year Built: 1931
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 2212
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 3
  • Fireplace Location Type: Gas Logs, Glass Doors, Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Privacy, Partial Property
  • Construction Type: Wood
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Natural Gas
  • Cooling: Forced Air
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Norwood Sanitation District
  • Water Heater: Gas Water Heater, Tankless
  • Water Supplier: Town of Norwood

Schools

  • Elementary School: Norwood K-5
  • Middle School: Norwood 6-12
  • High School: Norwood 6-12
  • High School: Norwood 6-12

Green Features

  • Green Efficient: Insulation, Windows

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Norwood K-5
  • Middle School: Norwood 6-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Norwood Hotel Llc
Bought by
Nolan Albert and Nolan Colleen
Current Estimated Value
$581,000

Purchase Details

Listed on
Mar 14, 2019
Closed on
Jun 18, 2019
Sold by
Pinecrest Green Llc
Bought by
Norwood Hotel Llc
Seller's Agent
Arleen Boyd
Pine Cone Realty LLC
Buyer's Agent
Arleen Boyd
Pine Cone Realty LLC
List Price
$339,000
Sold Price
$319,000
Premium/Discount to List
-$20,000
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$251,818
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2016
Sold by
Nix William S and Nix Linda V
Bought by
Pinecrest Green Llc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Trend Invements Llc
Bought by
1550 Neround Llc

Purchase Details

Closed on
Oct 15, 2003
Sold by
Harrison Scott E and Harrison Clark E
Bought by
Nix William S and Nix Linda V

Purchase Details

Closed on
May 14, 2002
Sold by
Harrison S Clark
Bought by
Harrison Scott E and Harrison Clark E

Purchase Details

Closed on
Jan 22, 2002
Sold by
Harrison Stanley Clark
Bought by
Harrison Stanley Clark
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
Nolan Albert -- None Listed On Document
Norwood Hotel Llc $319,500 Land Title Guarantee
Pinecrest Green Llc $164,000 Land Title Guarantee
1550 Neround Llc -- None Available
Nix William S $200,000 --
Harrison Scott E -- --
Harrison Stanley Clark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norwood Hotel Llc $251,818
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $319,000 -5.9% $144 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $339,000 -- $153 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $8,233 $109,230 $15,720 $93,510
2023 $6,650 $109,230 $15,720 $93,510
2022 $5,576 $81,450 $15,720 $65,730
2021 $5,600 $84,660 $16,340 $68,320
2020 $3,879 $54,670 $16,340 $38,330
2019 $3,910 $54,670 $16,340 $38,330
2018 $4,052 $54,420 $0 $0
2017 $3,901 $54,420 $16,090 $38,330
2016 $3,688 $52,950 $16,090 $36,860
2015 $3,158 $52,950 $16,090 $36,860
2014 $2,941 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 754925

Colorado Real Estate Network (CREN)

APN: 201-0020500