NOT LISTED FOR SALE

1551 S Saint Vrain Ave Estes Park, CO 80517

Estimated Value: $1,891,000

9 Beds
6 Baths
4,152 Sq Ft
$455/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $765,000 $184 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $10,199/month

59 Days on Market

Highlights

  • 1.52 Acre Lot
  • Deck
  • Wooded Lot
  • Mountain View
  • Multiple Fireplaces
  • No HOA

About This Home

As of February 2016

Prime development property with 3 lots totaling 1.52/acres, currently zoned RM. Existing 4-plex is in great condition and features a 3-bedroom unit and 3-2 bedroom units.

Last Agent to Sell the Property

Christian Collinet

First Colorado Realty Listed on: 12/02/2015

Co-Listed By

Thom Widawski

Verus Commercial, Inc.

Last Buyer's Agent

Christian Collinet

First Colorado Realty Listed on: 12/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1955

Lot Details

  • 1.52 Acre Lot
  • Property fronts a highway
  • Southern Exposure
  • Level Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Metal Siding

Interior Spaces

  • 4,152 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Window Treatments
  • Painted or Stained Flooring
  • Mountain Views
  • Crawl Space

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Estes Park Elementary School
  • Estes Park Middle School
  • Estes Park High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R0639389

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3051 South St Vrain Subdivision

Building Details

  • Gross Income $51,000
  • Net Operating Income $37,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 1.52
  • Road Frontage Type: Highway
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: RWCO
  • Subdivision Name: 3051 SOUTH ST VRAIN
  • Directions: South on Highway 7, turn right just after Tranquil Lane.
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4152
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Additional Units
  • Private Spa: No
  • Appliances: Some Appliances
  • Has Basement: Crawl Space
  • Total Bedrooms: 9
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Interior Amenities: Satellite Avail, High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Fire Hydrant within 500 Feet, Wooded, Level, Within City Limits
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Block, Metal Siding, Painted/Stained
  • Direction Faces: South,East
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Master Meter-Electric, Estes Park
  • Heating: Forced Air, Baseboard, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Estes Park
  • Gas Company: Natural Gas, Master Meter-Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Estes Park,Estes Park
  • HighSchool: Estes Park
  • Junior High Dist: Estes Park District
  • Middle Or Junior School: Estes Park

Lot Info

  • Zoning: Multi-Fam
  • Lot Size Sq Ft: 66211
  • Parcel #: R0639389
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1647

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 51000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 13747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Estes Park Housing Authority
Bought by
Peak View Llc
Current Estimated Value
$1,891,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$931,806
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 2, 2015
Closed on
Feb 23, 2016
Sold by
Melear Jacquelyn J
Bought by
The Estes Park Housing Authority
Seller's Agent
Christian Collinet
First Colorado Realty
Buyer's Agent
Christian Collinet
First Colorado Realty
List Price
$789,000
Sold Price
$765,000
Premium/Discount to List
-$24,000
-3.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
3.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Peak View Llc -- Land Title
The Estes Park Housing Authority $765,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peak View Llc $1,050,000
Previous Owner The Estes Park Housing Authority $387,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $765,000 -- --
02/29/2016 02/29/16 Sold $765,000 -3.0% $184 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $789,000 -- $190 / Sq Ft
Source: IRES MLS

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
2025 $1,954 $943,021 $52,313 $890,708
2024 $1,954 $943,021 $52,313 $890,708
2022 $1,954 $793,962 $54,375 $739,587
2021 $1,954 $32,554 $13,406 $19,148
2020 $1,954 $73,520 $54,373 $19,147
Source: Public Records

Agents Affiliated with this Home

  • Christian Collinet

    Seller's Agent in 2016

    Christian Collinet

    First Colorado Realty

    (970) 231-8570

    192 in this area

    286 Total Sales

    Christian Collinet
    Section Image
  • Thom Widawski

    Seller Co-Listing Agent in 2016

    Thom Widawski

    Verus Commercial, Inc.

    (303) 665-6500

    4 in this area

    4 Total Sales

    Thom Widawski
    Section Image
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Map

Source: IRES MLS

MLS Number: 780111

IRES MLS

APN: 25313-05-936

Colorado Larimer County Estes Park 80517

1551 S Saint Vrain Ave, Estes Park, CO

This home is located at 1551 S Saint Vrain Ave, Estes Park, CO 80517 since 02 December 2015 and is currently priced at $1,891,000, approximately $455 per square foot. This property was built in 1955. 1551 S Saint Vrain Ave is a home located in Larimer County with nearby schools including Estes Park K-5 School, Estes Park Options School, and Estes Park Middle 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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.

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