NOT LISTED FOR SALE

156 N 8th St Pagosa Springs, CO 81147

Estimated Value: $474,000 - $615,000

3 Beds
2 Baths
988 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $467,500 $473 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,120/month

83 Days on Market

Highlights

  • Mountain View
  • Furnished
  • 1-Story Property
  • Pagosa Springs Middle School Rated 9+
  • Shed
  • Heating System Uses Natural Gas

About This Home

As of December 2021

HUGE INVESTMENT POTENTIAL! Zoned R-22, high density residential. At .34 acres, a total of 7 dwelling units would be allowed on the property. It can also be subdivided if new dwelling units are desired to be on separate parcels. Cute downtown home that has been fully UPGRADED. It even has VIEWS of the East Range. It gets better...NEW dishwasher, NEW stove, NEW refrigerator, and a NEW washer and dryer. The furnace and H20 heater are NEW too! The place comes furnished with modern yet warm furnishings. There is NEW paint and the bathrooms have been beautifully UPDATED! The walls are tongue and groove. There's new shades on some new windows with new doors! All of this in the charming section of Old Town Pagosa Springs where you can walk or bike to the Riverwalk which is only minutes away! During the Summer, you and your visitors could carry your tubes down to the river or hike Reservoir Hill! Downtown is only a couple of blocks away where you, your family, or visitors can enjoy all the DOWTOWN has to offer. This is a great INVESTMENT PROPERTY! Come take a look!

Last Agent to Sell the Property

Regina Boaz

Ginaboazrealty.com Listed on: 08/05/2021

Last Buyer's Agent

Jennifer Reno

EXIT Realty Home & Ranch

EXIT Realty Home & Ranch

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $961

Year Built

  • Built in 1972 | Remodeled in 2020

Lot Details

  • 0.34

Home Design

  • Stick Built Home

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Pagosa Springs K-4 Elementary School
  • Pagosa Springs 5-8 Middle School
  • Pagosa Springs 9-12 High School

Utilities

  • Heating System Uses Natural Gas
  • Water Heater
  • Internet Available

Additional Features

  • Shed
  • 0.34 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 569913308004

Home Details

Home Type

Single Family

Est. Annual Taxes

$961

Year Built

Built in 1972 | Remodeled in 2020

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.34
  • Class: RESIDENTIAL
  • Em Deposit: 5% or as negotiated
  • Em Holder: Title Company
  • Exterior Inclusions: Shed/Storage
  • Interior Inclusions: All Furnishings
  • Legal Lot Block: Block: 34 Lot: 16 AND:- Lot: 17 PS Sec: 13 Twn: 35 Rng: 2W
  • List Price per Sq Ft: 493.93
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 569913308004
  • Price Per Sq Ft: 473.18
  • Real Estate Included: Yes
  • Realist Id: 569913308004
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 473.18
  • Street Designation: Street
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Visionary
  • Internet Service: Yes
  • Total Taxes Dollar: 961.48
  • Year Built: 1972
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 3
  • Estimated Total Sq Ft: 988
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Total Office Den: 0

Exterior Features

  • Views: Mountains

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Sewer Supplier: Pagosa Area Water and Sanitation
  • Water Heater: Electric Water Heater
  • Water Supplier: Pagosa Area Water and Sanitation

Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8
  • High School: Pagosa Springs 9-12
  • High School: Pagosa Springs 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Dec 9, 2021
Sold by
Gross Louella M and Sanchez Angelo D
Bought by
Fravel Lacey Marie
Seller's Agent
Regina Boaz
Ginaboazrealty.com
Buyer's Agent
Jennifer Reno
EXIT Realty Home & Ranch
List Price
$528,000
Sold Price
$467,500
Premium/Discount to List
-$60,500
-11.46%
Current Estimated Value
$544,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,885
Avg. Annual Appreciation
4.31%
Original Mortgage
$444,125
Outstanding Balance
$412,794
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$133,107

Purchase Details

Closed on
Jan 31, 2018
Sold by
Gross Trace A
Bought by
Sanchez Angelo D and Gross Louella M

Purchase Details

Closed on
Feb 28, 2005
Sold by
Sanchez Mercedes
Bought by
Sanchez Angelo D and Gross Louella M

Purchase Details

Closed on
Apr 10, 1991
Sold by
Sanchez John and Sanchez Mercy
Bought by
Sanchez Mercedes

Purchase Details

Closed on
Aug 1, 1979
Bought by
Sanchez John I and Sanchez Mer
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
Fravel Lacey Marie $467,500 High Country Title
Sanchez Angelo D -- None Available
Sanchez Angelo D -- None Available
Sanchez Angelo D -- None Available
Sanchez Mercedes -- --
Sanchez John I $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fravel Lacey Marie $444,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $467,500 -4.2% $473 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/18/2021 10/18/21 Price Changed $488,000 -7.6% $494 / Sq Ft
08/24/2021 08/24/21 For Sale $528,000 0.0% $534 / Sq Ft
08/24/2021 08/24/21 Price Changed $528,000 +12.9% $534 / Sq Ft
08/24/2021 08/24/21 Off Market $467,500 -- --
08/05/2021 08/05/21 For Sale $548,000 -- $555 / 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 $1,666 $27,550 $8,450 $19,100
2023 $1,666 $27,550 $8,450 $19,100
2022 $1,198 $18,750 $6,950 $11,800
2021 $1,067 $16,420 $7,150 $9,270
2020 $961 $14,710 $6,070 $8,640
2019 $949 $14,710 $6,070 $8,640
2018 $824 $11,740 $4,750 $6,990
2017 $714 $11,740 $4,750 $6,990
2016 $587 $9,560 $4,020 $5,540
2015 -- $9,560 $4,020 $5,540
2014 -- $8,050 $4,020 $4,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 785519

Colorado Real Estate Network (CREN)

APN: 569913308004