$185,000
SOLD NOV 30, 2021
4 Beds
3 Baths
2,024 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

10% Below List Price

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Ceiling Fan
  • Double Pane Windows
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of May 2025

Investors Alert! Tri- Plex! This is a great opportunity to own a cash flow investment property. All units are rented and two of the units have long term tenants that would love to stay. Unit 1 is a large 2 bedroom unit with a living room, kitchen, and full bath all on the main level. Unit 2 is upstairs and is a 1 bedroom unit with a living room, kitchen, and full bath on the upper level. Unit 3 is is a 1 bedroom unit with a large living room with a kitchen open to the living room and a full bath on the main level. Newer windows and stucco exterior for low maintenance. There is plenty of off-street parking. Quiet Street. This is also a great opportunity to live in a unit and rent out the others! Rents are currently under market value due to long term tenants. Separate Gas and Electric meters for each unit. Mechanical is at the back of unit 1. Unit 1 has small front yard. Unit 3 has small back yard. Water ranges from $60 to $120/ mo depending on the time of year. 24 hr. notice for all showings. All 3 units are rented and have leases in place Unit 1 expires 4/30/22, Unit 2 expires 3/31/21, Unit 3 expires 3/31/21.

Last Agent to Sell the Property

Kristy Chavez

RE/MAX Associates License #40008798 Listed on: 10/18/2021

Last Buyer's Agent

Kristy Chavez

RE/MAX Associates License #40008798 Listed on: 10/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $728

Year Built

  • Built in 1902

Lot Details

  • 6,142 Sq Ft Lot
  • Lot Dimensions are 50 x 123
  • Property is in good condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Frame Construction
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • No Garage
  • On-Site Parking

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,695
  • The owner pays for water

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Minnequa Area Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$728

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Directions: Take I-25 south and take the central exit, head west on central then turn left onto Spruce. Head south 3 blocks and the tri-plex will be on your left.
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.141
  • Lot Size: 50 x 123
  • Road Surface Type: Paved
  • Subdivision Name: Minnequa Area
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Upper & Lower, Front & Back
  • Year Built: 1902
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: U
  • NAV29_Unit_3_Level: M
  • NAV29_Water_Heater: Gas
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Avg
  • NAV29_Unit_3_Condition: Avg
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: No
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher-All, Refrigerator-All, Electric Range-All
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Private Spa: No
  • Owner Pays: Water
  • Total Bedrooms: 4
  • Fireplace Features: Other-See Remarks
  • Fireplace: No
  • Window Features: Vinyl, Double Pane Windows

Exterior Features

  • Roof: Composition, Flat
  • Disclosures: 1
  • Construction Type: Frame, Stucco, Copper Plumbing, Plastic Plumbing
  • Patio And Porch Features: None

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: No Garage, On Site

Utilities

  • Cooling: Wall Unit
  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: No Laundry Facilities On Site
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: Xcel

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 60

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 6141.96
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1695
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 727.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
May 19, 2025
Sold by
1630 Spruce Llc
Bought by
Pkp Holdings Llc
Seller's Agent
Kristen Gadd
Elite Home Sales & Property Management
Buyer's Agent
Brandon Gray
Start Real Estate, LLC
List Price
$209,900
Sold Price
$187,500
Premium/Discount to List
-$22,400
-10.67%
Views
30
Current Estimated Value
$194,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,115
Avg. Annual Appreciation
14.23%
Original Mortgage
$188,500
Outstanding Balance
$188,166
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$6,449

Purchase Details

Closed on
Jun 3, 2024
Sold by
Snow Shannon
Bought by
1630 Spruce Llc

Purchase Details

Closed on
Sep 29, 2023
Sold by
Chavez Lorenzo Antonio
Bought by
Snow Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2021
Closed on
Nov 13, 2021
Sold by
Wilson Solutions Llc
Bought by
Chavez Lorenzo Antonio
Seller's Agent
Kristy Chavez
RE/MAX Associates
Buyer's Agent
Kristy Chavez
RE/MAX Associates
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$165,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2018
Sold by
Leenerts Robert J and Leenerts Janice
Bought by
Wilson Solutions Llc

Purchase Details

Closed on
Dec 4, 2015
Sold by
Leenerts Robert J
Bought by
Robert J Leenerts & Janice L Leenerts Re

Purchase Details

Closed on
Feb 27, 2002
Sold by
Portillos Ted + Priscilla
Bought by
Leenerts Robert J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $187,500 Land Title Guarantee
Warranty Deed -- None Listed On Document
Special Warranty Deed $245,000 Land Title Guarantee
Warranty Deed $185,000 Land Title Guarantee
Warranty Deed $80,000 Stewart Title
Interfamily Deed Transfer -- None Available
Deed $80,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,500 Construction
Previous Owner $183,750 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $10,000 Construction
Previous Owner $165,000 Commercial
Previous Owner $27,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $187,500 -10.7% $91 / Sq Ft
03/28/2025 03/28/25 For Sale $209,900 +13.5% $102 / Sq Ft
11/30/2021 11/30/21 Sold $185,000 -9.8% $91 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $205,000 -- $101 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $1,370 $13,890 -- --
2023 $855 $12,280 $1,010 $11,270
2022 $557 $5,610 $670 $4,940
2021 $588 $5,910 $710 $5,200
2020 $728 $5,910 $710 $5,200
2019 $729 $7,218 $255 $6,963
2018 $458 $5,049 $256 $4,793
2017 $462 $5,049 $256 $4,793
2016 $422 $4,646 $283 $4,363
2015 $210 $4,646 $283 $4,363
2014 $230 $5,067 $283 $4,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 197103

Pueblo Association of REALTORS®

APN: 1-5-12-2-22-007