NOT LISTED FOR SALE

1822 N Grand Ave Unit 1824 Pueblo, CO 81003

Northside Neighborhood

Estimated Value: $218,652 - $270,000

2 Beds
2 Baths
1,718 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $115,000 $67 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,353/month

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Lawn
  • Ranch Style House
  • Corner Lot
  • No HOA

About This Home

As of November 2019

Attention Investors Seeking Multi-Family Investment Properties. 1822-1824 N Grand Avenue is an owner-occupant style duplex situated on a corner lot in the Historic North Side Avenues neighborhood - just blocks from Mineral Palace Park, Parkview Hospital and booming downtown Pueblo. Each unit is 1bed 1bath and measures apx 859 square feet. The current tenants are month to month and pay only $475 each. There are separate meters for gas and electric. One meter for water. The current measure of investment performance at the ask price of $145,000 and rents at $475 per side include a GRM of 12.72 and a Cap Rate of 5.97%. If rents were increased to market rate of $750 per side, investment performance would improve GRM to 8.1 and Cap Rate to 10.5% (before taxes without financing). In general, great things are taking place in Pueblo and the demand and desirability to be in the North Side Avenues is at an all time high. This is truly a spectacular investment opportunity. Do not let your chance to own this duplex pass you by..Call Today!

Last Agent to Sell the Property

Nico Cordova

Resident Realty Listed on: 10/14/2019

Last Buyer's Agent

Nico Cordova

Resident Realty Listed on: 10/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1925

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 62.5 x 78
  • Corner Lot
  • Landscaped with Trees
  • Lawn
  • Property is in good condition

Home Design

  • Duplex
  • Ranch Style House
  • Side-by-Side
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,718 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Wood Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • RV Access or Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Front Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • 2 Units
  • Northside/Avenues Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal belongings
  • Total Actual Rent $925
  • The owner pays for sewer, repairs, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$640

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Corner of N Grand Avenue and W. 18th Street
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.112
  • Lot Size: 62.5 x 78
  • Road Surface Type: Paved
  • Subdivision Name: Northside/Avenues
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side
  • Year Built: 1925
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Water_Heater: Gas
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: No
  • 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

Interior Features

  • Appliances: Gas Range-All, Refrigerator-All
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: None
  • Private Spa: No
  • Owner Pays: Sewer, Repairs, Water
  • Total Bedrooms: 2
  • Fireplace Features: Other-See Remarks
  • Fireplace: No
  • Flooring: Hardwood
  • Window Features: Single Pane, Metal, Double Pane Windows, Vinyl

Exterior Features

  • Exclusions: Tenants personal belongings
  • Roof: Composition
  • Lot Features: Corner Lot, Lawn-Front, Trees-Front
  • Disclosures: 0
  • Construction Type: Frame, Brick, Copper Plumbing, Plastic Plumbing
  • Patio And Porch Features: Porch-Open-Front

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: No Garage, RV Access/Parking

Utilities

  • Cooling: Other
  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups in All Units
  • Security: Smoke Detector(s)
  • 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: 60B

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 4878.72
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 925
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 640

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 5, 2019
Sold by
Settle Donald E and Settle Kathrynetta
Bought by
Bt435 Investments L L C
Seller's Agent
Nico Cordova
Resident Realty
Buyer's Agent
Nico Cordova
Resident Realty
List Price
$145,000
Sold Price
$115,000
Premium/Discount to List
-$30,000
-20.69%
Current Estimated Value
$228,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,671
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Oct 17, 1984
Sold by
Comfort Floyd E + Betty J
Bought by
Settle Donald E + Kathrynetta

Purchase Details

Closed on
May 24, 1978
Sold by
Fossceco and Dickson
Bought by
Comfort Floyd E + Betty J
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
Bt435 Investments L L C $115,000 Land Title Guarantee Co
Settle Donald E + Kathrynetta $53,800 --
Comfort Floyd E + Betty J $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bt435 Investments Llc $86,250
Previous Owner Settle Donald E $92,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $115,000 -20.7% $67 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $145,000 -- $84 / 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 $1,212 $12,350 -- --
2023 $1,225 $16,030 $1,470 $14,560
2022 $854 $8,600 $370 $8,230
2021 $900 $9,040 $390 $8,650
2020 $816 $9,040 $390 $8,650
2019 $816 $8,084 $582 $7,502
2018 $640 $7,067 $586 $6,481
2017 $647 $7,067 $586 $6,481
2016 $646 $7,115 $648 $6,467
2015 $644 $7,115 $648 $6,467
2014 $655 $7,227 $648 $6,579
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nico Cordova

    Resident Realty

See All Agents

Map

Source: Pueblo Association of REALTORS®

MLS Number: 182769

Pueblo Association of REALTORS®

APN: 0-5-25-1-30-004

Colorado Pueblo County Pueblo 81003 Northside

1822 N Grand Ave Unit 1824, Pueblo, CO

This home is located at 1822 N Grand Ave Unit 1824, Pueblo, CO 81003 since 14 October 2019 and is currently estimated at $236,551, approximately $137 per square foot. This property was built in 1925. 1822 N Grand Ave Unit 1824 is a home located in Pueblo County with nearby schools including Irving Elementary School, Risley International Academy of Innovation, and Centennial High 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.

Pueblo Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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