NOT LISTED FOR SALE

1621 Pheasant Ridge Unit 1625 Sterling, CO 80751

Estimated Value: $430,000 - $510,000

6 Beds
6 Baths
4,809 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $229,000 $48 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,597/month

Highlights

  • City View
  • Brick Veneer
  • West Facing Home
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2017

Investors dream! These three 2 bedroom 2 bath units also feature a large basement finished area and are much larger than they appear! All units have recently updated interiors.

Last Agent to Sell the Property

Shannon Selvidge

Area Wide Realty, LLC Listed on: 04/16/2017

Last Buyer's Agent

Shannon Selvidge

Area Wide Realty, LLC Listed on: 04/16/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,621

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Sprinkler System

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,809 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • City Views
  • Finished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Ayres Elementary School
  • Sterling Middle School
  • Sterling High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 4752000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Long Berg Subdivision

Building Details

  • Gross Income $27,000
  • Net Operating Income $22,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,621

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Year Built: 1978
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Long-Berg
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4809
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 75%+Finished Basement
  • Total Bedrooms: 6
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Sterling
  • Gas Company: Natural Gas

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: Ayres,Campbell
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: R1
  • Lot Size Sq Ft: 11199
  • Parcel #: 4752000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1621

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2017
Closed on
May 26, 2017
Sold by
Kaufman Robert E and Kaufman Darla D
Bought by
Mmj Properties Llc
Seller's Agent
Shannon Selvidge
Area Wide Realty, LLC
Buyer's Agent
Shannon Selvidge
Area Wide Realty, LLC
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$461,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,514
Avg. Annual Appreciation
8.72%
Original Mortgage
$169,250
Outstanding Balance
$34,659
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$426,855

Purchase Details

Closed on
Jan 10, 2006
Sold by
Eugene L Long Marital Trust
Bought by
Kaufman Robert E and Kaufman Darla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Eugene L Long Living Trust
Bought by
Kaufman Robert E and Kaufman Darla D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.2%
Mortgage Type
New Conventional
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
Mmj Properties Llc $229,000 Stewart Title
Kaufman Robert E -- None Available
Kaufman Robert E $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mmj Properties Llc $169,250
Previous Owner Kaufman Robert E $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $229,000 -- --
06/01/2017 06/01/17 Sold $229,000 0.0% $48 / Sq Ft
04/16/2017 04/16/17 Pending -- -- --
04/16/2017 04/16/17 For Sale $229,000 -- $48 / 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
2024 $1,769 $26,900 $0 $0
2023 $1,769 $26,900 $0 $0
2022 $1,738 $20,630 $3,050 $17,580
2021 $1,736 $21,680 $3,200 $18,480
2020 $1,644 $39,040 $3,020 $36,020
2019 $1,639 $38,780 $3,000 $35,780
2018 $1,748 $20,650 $2,260 $18,390
2017 $1,720 $100,390 $10,980 $89,410
2015 $1,559 $86,530 $10,190 $76,340
2014 $1,559 $79,040 $10,190 $68,850
2013 $1,559 $79,040 $10,190 $68,850
Source: Public Records

Agents Affiliated with this Home

  • Shannon Selvidge

    Seller's Agent in 2017

    Shannon Selvidge

    Area Wide Realty, LLC

    (970) 580-6173

    48 Total Sales

    Shannon Selvidge
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Map

Source: IRES MLS

MLS Number: 817116

IRES MLS

APN: 4752000

Colorado Logan County Sterling 80751

1621 Pheasant Ridge Unit 1625, Sterling, CO

This home is located at 1621 Pheasant Ridge Unit 1625, Sterling, CO 80751 since 16 April 2017 and is currently estimated at $461,514, approximately $95 per square foot. This property was built in 1978. 1621 Pheasant Ridge Unit 1625 is a home located in Logan County with nearby schools including Ayres Elementary School, Campbell Elementary School, and Sterling 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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