NOT LISTED FOR SALE

221 S 12th St Unit 1-4 Gunnison, CO 81230

Estimated Value: $304,000 - $620,000

-- Bed
4 Baths
3,812 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $1,100,000 $289 Per Sq Ft

Current estimated payment $2,820/month

30 Days on Market

Highlights

  • Mountain View
  • Wood Siding
  • Carpet
  • Crested Butte Community School Rated A-

About This Home

As of September 2023

This home is located at 221 S 12th St Unit 1-4, Gunnison, CO 81230 since 05 July 2023 and is currently estimated at $517,943, approximately $135 per square foot. This property was built in 1998. 221 S 12th St Unit 1-4 is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Gunnison Middle School, and Crested Butte Community School.

Last Agent to Sell the Property

Joseph O'Connell

Berkshire Hathaway HomeServices Today Realty & Associates Listed on: 07/05/2023

Berkshire Hathaway HomeServices Today Realty & Associates

Last Buyer's Agent

Gunnison NON MEMBER

NON-MEMBER/FSBO Gunnison

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1998

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,812 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Off-Street Parking

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison High 9-12

Listing and Financial Details

  • Tenant pays for electric, gas, trash
  • The owner pays for building insurance, real estate taxes, common area maintenance, water/sewer
  • Assessor Parcel Number 378702157001

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,468

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal
  • Class: Multifamily
  • Em Deposit: 20,000
  • Em Holder: Title Company
  • Legal Lot Block: UNIT 1, SHADE TREE CONDOMINIUMS, GUNNISON
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 378702157001
  • Price Per Sq Ft: 288.56
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 288.56
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes, Common Area Maintenance, Water/Sewer
  • Metered: Metered for Gas, Metered for Electricity, Metered for Water
  • Multi Story: Yes
  • Total Number Electric Meters: 4
  • Total Number Gas Meters: 4
  • Type: Fourplex
  • Access: Year Round
  • Total Taxes Dollar: 2,468
  • Year Built: 1998
  • Prop Description Remarks: A great opportunity to own a 4 unit rental complex in Gunnison. 4 spacious 2 bedroom units, all with separate utilities, washers and dryers, private storage closets, and are all rented to great tenants. Currently owned an operated by related parties and is not currently run as an HOA, however all HOA documents are in place. All units could be sold separately though currently being sold as a 4 unit complex.
  • Unit Suite Number: 1-4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1074

Interior Features

  • Flooring: Carpet, Vinyl
  • Estimated Total Sq Ft: 3812
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Roof: Composition
  • Views: Mountains

Garage/Parking

  • Parking Spaces: 7
  • Parking: Off Street

Utilities

  • Electric Supplier: City of Gunnison
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Gunnison
  • Water Supplier: City of Gunnison

Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8
  • High School: Gunnison High 9-12
  • High School: Gunnison High 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas, Trash
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 4

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 31, 2023
Sold by
Slh Investment Properties Llc
Bought by
Holley Thomas and Holley Rebecca
Seller's Agent
Joseph O'Connell
Berkshire Hathaway HomeServices Today Realty & Associates
Buyer's Agent
Gunnison NON MEMBER
NON-MEMBER/FSBO Gunnison
List Price
$1,499,000
Sold Price
$1,100,000
Premium/Discount to List
-$399,000
-26.62%
Views
8
Current Estimated Value
$517,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$582,057
Avg. Annual Appreciation
-30.26%
Original Mortgage
$450,000
Outstanding Balance
$160,293
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$357,650

Purchase Details

Closed on
Dec 15, 2000
Sold by
Wilson Douglas A
Bought by
Hovey Susan L

Purchase Details

Closed on
Aug 20, 1997
Sold by
Collins Miller R
Bought by
Wilson Douglas A

Purchase Details

Closed on
Jul 1, 1996
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
Holley Thomas $550,000 Gunnison County Abstract
Hovey Susan L $78,000 --
Wilson Douglas A $23,300 --
-- $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holley Thomas $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $1,100,000 -15.3% $289 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $1,299,000 -13.3% $341 / Sq Ft
07/05/2023 07/05/23 For Sale $1,499,000 -- $393 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $757 $18,060 $0 $18,060
2023 $757 $14,380 $0 $14,380
2022 $633 $10,430 $0 $10,430
2021 $570 $10,730 $0 $10,730
2020 $510 $9,030 $0 $9,030
2019 $499 $9,030 $0 $9,030
2018 $357 $6,230 $0 $6,230
2017 $361 $6,230 $0 $6,230
2016 $446 $7,770 $0 $7,770
2015 $231 $7,770 $0 $7,770
2014 $231 $7,990 $0 $7,990
Source: Public Records

Agents Affiliated with this Home

  • Joseph O'Connell

    Seller's Agent in 2023

    Joseph O'Connell

    Berkshire Hathaway HomeServices Today Realty & Associates

    (970) 275-9491

    14 in this area

    19 Total Sales

    Joseph O'Connell
    Section Image

  • G

    Buyer's Agent in 2023

    Gunnison NON MEMBER

    NON-MEMBER/FSBO Gunnison

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 805496

Colorado Real Estate Network (CREN)

APN: R032112

Colorado Gunnison County Gunnison 81230

221 S 12th St Unit 1-4, Gunnison, CO

This home is located at 221 S 12th St Unit 1-4, Gunnison, CO 81230 since 05 July 2023 and is currently estimated at $517,943, approximately $135 per square foot. This property was built in 1998. 221 S 12th St Unit 1-4 is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Gunnison Middle School, and Crested Butte Community 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.

Colorado Real Estate Network (CREN) 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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