NOT LISTED FOR SALE

2118 Main St Rye, CO 81069

Estimated Value: $788,000 - $820,000

11 Beds
12 Baths
4,764 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $800,000 $168 Per Sq Ft

Current estimated payment $4,725/month

Highlights

  • Guest House
  • Wood Burning Stove
  • Corner Lot
  • RV Access or Parking
  • Wood Flooring
  • Lawn

About This Home

As of November 2024

This property offers a plethora of opportunities all in one place! The main level features a charming 3-bedroom house perfect for living in or transforming into a lucrative rental($2,250/month), complete with an attached guest quarter. Ascend to the upper level to discover a separate entrance leading to 3 apartments within the main home. Additionally, there are two separate apartment buildings, 1 unit is renter ready, and 3 additional units currently utilized for storage that can easily be converted into more apartments. The property boasts 7 RV camp sites, ensuring a steady flow of income. With such diverse rental options, the income potential is abundant. Dreaming of starting your own bed and breakfast? This property provides the perfect foundation. A 4-car detached garage offers ample space for vehicles or storage needs. The main house, formerly the Historic Wilson Hotel, exudes charm with its large covered porch, ideal for enjoying your morning coffee while breathing in the fresh mountain air. Inside, the kitchen has been updated to feature an island with breakfast bar seating, a spacious stainless-steel refrigerator, a gas range with double ovens, and a convenient pot filler faucet above the range. The adjacent dining room provides a space for more formal gatherings, while the living room invites relaxation with its cozy fireplace. The primary bedroom features a walk-in shower, offering convenience and comfort. Don't miss this opportunity to own a piece of history.

Last Agent to Sell the Property

Team Gary Miller

RE/MAX Of Pueblo Inc Brokerage Email: 7195461717, agood@remaxpueblo.com Listed on: 08/01/2024

RE/MAX Of Pueblo Inc

Co-Listed By

Tia Hoar

RE/MAX Of Pueblo Inc Brokerage Email: 7195461717, agood@remaxpueblo.com License #FA100076433

Last Buyer's Agent

Team House Hunter

Sorella Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1929

Lot Details

  • 0.99 Acre Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Corner Lot
  • Irregular Lot
  • Landscaped with Trees
  • Lawn
  • Property is in good condition

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Side-by-Side
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Galvanized Plumbing
  • Copper Plumbing
  • Block And Beam Construction
  • Stucco

Interior Spaces

  • 4,764 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • Walk-In Closet
  • 12 Bathrooms
  • Walk-in Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Additional Homes

  • Guest House

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Steam
  • Separate Meters
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Rye Subdivision

Listing and Financial Details

  • Total Actual Rent $7,928
  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,367

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Directions: From I25, Take exit 74 for CO-165 W toward Colo City Rye, Turn right onto CO-165 W,, Turn left onto Main St
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.99
  • Lot Size: irregular
  • Road Surface Type: Paved
  • Co List Office Mls Id: 12
  • Co List Office Phone: 719-546-1717
  • Subdivision Name: Rye
  • Architectural Style: Ranch, Other-See Remarks
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, Upper & Lower, Front & Back, Two Buildings
  • Year Built: 1929
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: U
  • NAV29_Unit_3_Level: U
  • NAV29_Unit_4_Level: U
  • NAV29_Unit_5_Level: M
  • NAV29_Unit_6_Level: M
  • NAV29_Unit_7_Level: M
  • NAV29_Unit_8_Level: M
  • 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_3_Condition: Good
  • NAV29_Unit_4_Condition: Good
  • NAV29_Unit_5_Condition: Good
  • NAV29_Unit_6_Condition: Good
  • NAV29_Unit_7_Condition: Good
  • NAV29_Unit_8_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: Yes
  • NAV29_Unit_6_Appliances: Yes
  • NAV29_Unit_7_Appliances: Yes
  • NAV29_Unit_8_Appliances: Yes
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher-Some, Garbage Disposal-Some, Refrigerator-All, Gas Range-Some, Electric Range-Some, Washer-Some, Dryer-Some
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Walk-in Shower
  • Has Basement: Full, Crawl Space, Unfinished
  • Number Of Buildings: 2
  • Private Spa: No
  • Owner Pays: Water
  • Total Bedrooms: 11
  • Fireplace Features: Gas Log(s)-Some, Wood Stove-Some, Pellet-Some
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Window Features: Single Pane, Double Pane Windows, Window Coverings

Exterior Features

  • Exterior Features: Outdoor Lighting-Front
  • Roof: Composition
  • Fencing: Wood Fence-Rear, Metal Fence-Front
  • Lot Features: Corner Lot, Irregular Lot, Lawn-Rear, Rock-Rear, Trees-Rear, Lawn-Front, Trees-Front
  • Disclosures: 1
  • Construction Type: Frame, Block, Stucco, Wood Siding, Copper Plumbing, Galvanized Plumbing, Plastic Plumbing
  • Other Structures: Shed(s), Guest House
  • Patio And Porch Features: Porch-Covered-Front, Porch-Open-Rear, Deck-Covered-Rear

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Parking Features: 4+ Car Garage Attached, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 4
  • NAV29_Unit_1_Garage: 2

Utilities

  • Heating: Propane, Forced Air, Steam
  • Electric: SanIsabel
  • Sewer: Community Sewer
  • Laundry Features: W/D Hookups in Some Units
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Water Source: Community
  • Gas Company: None

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 70

Lot Info

  • Zoning: RYE
  • Lot Size Sq Ft: 43124.4
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month,12 Months

Multi Family

  • Number Of Units Total: 8
  • Total Actual Rent: 7928
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 6367.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 25, 2024
Sold by
Jkse Enterprises Llc
Bought by
Hb & B Properties Llc
Seller's Agent
Team Gary Miller
RE/MAX Of Pueblo Inc
Buyer's Agent
Team House Hunter
Sorella Real Estate
List Price
$874,900
Sold Price
$800,000
Premium/Discount to List
-$74,900
-8.56%
Views
10
Current Estimated Value
$803,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,179
Avg. Annual Appreciation
0.35%
Original Mortgage
$560,000
Outstanding Balance
$541,777
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$261,402

Purchase Details

Listed on
Jul 23, 2021
Closed on
Oct 7, 2021
Sold by
Gerig Curtis J and Gerig Charlyn K
Bought by
Jkse Enterprises Llc
Seller's Agent
Shirley Saddoris
The Realty Post LLC
Buyer's Agent
Shirley Saddoris
The Realty Post LLC
List Price
$880,000
Sold Price
$775,000
Premium/Discount to List
-$105,000
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Mabrey Terry L and Mabrey Elizabeth A
Bought by
Gerig Curtis J and Gerig Charlyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2009
Sold by
The Paul R Krutak Irrevocable Trust
Bought by
Mabrey Terry L and Mabrey Elizabeth A

Purchase Details

Closed on
Apr 17, 2008
Sold by
Krutak Paul R
Bought by
Paul R Krutak Grantor Irrevocable Trust
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hb & B Properties Llc -- None Listed On Document
Hb & B Properties Llc -- None Listed On Document
Jkse Enterprises Llc $775,000 Land Title Guarantee Company
Gerig Curtis J $470,000 Land Title Guarantee Co
Mabrey Terry L $210,000 Security Title
Paul R Krutak Grantor Irrevocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hb & B Properties Llc $560,000
Closed Hb & B Properties Llc $560,000
Previous Owner Gerig Curtis J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $800,000 -8.6% $168 / Sq Ft
08/01/2024 08/01/24 For Sale $874,900 +12.9% $184 / Sq Ft
10/07/2021 10/07/21 Sold $775,000 -11.9% $163 / Sq Ft View Prior Sale
07/23/2021 07/23/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $880,000 -- $185 / 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 $6,305 $62,210 -- --
2023 $6,367 $72,720 $7,140 $65,580
2022 $6,053 $59,895 $2,880 $57,015
2021 $5,779 $57,610 $1,490 $56,120
2020 $4,601 $23,600 $1,370 $22,230
2019 $2,197 $3,117 $1,373 $1,744
2018 $1,963 $19,379 $1,382 $17,997
2017 $1,966 $19,379 $1,382 $17,997
2016 $1,939 $19,148 $1,528 $17,620
2015 $1,825 $19,148 $1,528 $17,620
2014 $1,740 $18,301 $1,528 $16,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 225710

Pueblo Association of REALTORS®

APN: 4-7-31-2-01-006