NOT LISTED FOR SALE

207 N 7th Ave Sterling, CO 80751

Estimated Value: $206,405 - $223,000

3 Beds
2 Baths
1,472 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $184,000 $125 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,203/month

81 Days on Market

Highlights

  • City View
  • Cottage
  • Eat-In Kitchen
  • No HOA
  • 2 Car Detached Garage
  • Air Conditioning

About This Home

As of May 2021

Investment property located centrally in Sterling, CO! Both units are currently producing a great rental return. Duplex has a 2 car detached garage. One unit is a 1 bedroom, 1 bath and the main unit is 2 bedroom 1 bath.

Last Agent to Sell the Property

Johnna Harris

Town Square Realty Listed on: 02/05/2021

Last Buyer's Agent

Callie Hood

Four Peaks Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $607

Year Built

  • Built in 1952

Lot Details

  • 6,500

Parking

  • 2 Car Detached Garage
  • Alley Access

Home Design

  • Cottage
  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • City Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Schools

  • Sterling Middle School
  • Sterling High School

Utilities

  • Air Conditioning
  • Forced Air Heating System

Additional Features

  • Exterior Lighting
  • 6,500 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number 4901000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Homebuilders Addn Subdivision

Building Details

  • Gross Income $13,800
  • Net Operating Income $8,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$607

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1952
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: HOMEBUILDERS ADDN
  • Above Grade Finished Sq Ft: 1472
  • Architectural Style: Cottage/Bung, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1472
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1472
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Vinyl Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Alley Access
  • IRESDS_Garage Sq Ft: 572
  • IRESDS_GarageType: Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Other
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 6500
  • Parcel #: 4901000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 607

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13800
  • Annual Operating Expense: 5707

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2021
Sold by
Two Buttes Llc
Bought by
Plains Property Management Llc
Current Estimated Value
$218,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,254
Outstanding Balance
$116,976
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$101,625
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
Plains Property Management Llc $184,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plains Property Management Llc $139,254
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Off Market $184,000 -- --
05/14/2021 05/14/21 Sold $184,000 +2.2% $125 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $180,000 0.0% $122 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $180,000 -- $122 / 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 $529 $10,620 $0 $0
2023 $529 $10,620 $0 $0
2022 $692 $8,210 $880 $7,330
2021 $692 $8,640 $930 $7,710
2020 $607 $14,420 $750 $13,670
2019 $605 $14,320 $740 $13,580
2018 $645 $7,620 $660 $6,960
2017 $635 $37,030 $3,190 $33,840
2015 $298 $32,970 $2,960 $30,010
2014 $298 $30,230 $2,960 $27,270
2013 $298 $30,230 $2,960 $27,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 932874

IRES MLS

APN: 4901000