NOT LISTED FOR SALE

Estimated Value: $410,000 - $512,000

4 Beds
2 Baths
2,048 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $375,000 $183 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,655/month

15 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • No HOA
  • Open Floorplan
  • Living Room with Fireplace
  • 3-minute walk to Thorndale Park

About This Home

As of October 2023

Charming Income Rental Property in historic Old Colorado City! Nestled in a picturesque neighborhood, each unit has 2-bedroom, 1-bathroom with full one-year leases ending June 30, 2024. This enchanting property boasts two wood-burning fireplaces that infuse each unit with a cozy ambiance. Offering two independent living spaces, this duplex is a versatile gem for multi-generational living or rental income. Both spaces feature in-unit laundry and off-street parking spaces. Nestled in the heart of Old Colorado City, this property offers easy access to local shops, restaurants, and cultural attractions, making it a unique blend of history and modern living, perfect for a variety of lifestyles. Don't miss the opportunity to call this unique property your next investment!

Last Agent to Sell the Property

Tina Swonger

REMAX PROPERTIES License #1270655 Listed on: 09/09/2023

Last Buyer's Agent

Tina Swonger

REMAX PROPERTIES License #1270655 Listed on: 09/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,376

Year Built

  • Built in 1987

Lot Details

  • 7,200 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • The property is located in a historic district

Schools

  • West Elementary And Middle School
  • Coronado High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Colorado City Subdivision

Listing and Financial Details

  • Exclusions: Clothes washers/dryers, tenants' personal property
  • Property held in a trust
  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 74111-17-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,376

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1987
  • Above Grade Finished Sq Ft: 1024
  • Current Use: Live/Work
  • Exclusions: Clothes washers/dryers, tenants' personal property
  • Living Area: 2048
  • Directions: From I-25, West on Colorado Ave, Right onto 21st St, Right onto West Platte Ave
  • SubdivisionName: Colorado City
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Oven, Range, Range Hood, Refrigerator
  • Fireplaces: 2
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Open Floorplan
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room, Wood Burning
  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1024

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame
  • Patio and Porch Features: Covered, Deck, Patio

Garage/Parking

  • Parking Features: Driveway-Dirt, Driveway-Gravel
  • Attached Garage: No
  • Total Parking Spaces: 4
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Electric
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: West

Lot Info

  • Parcel Number: 74111-17-020
  • Lot Size Acres: 0.17
  • Fencing: Partial
  • Building Area Total: 2048
  • Lot Features: Historical District
  • Lot Size Sq Ft: 7200
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Owner Pays: Other, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1376

MLS Schools

  • Elementary School: West
  • High School: Coronado

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 17, 2023
Sold by
Vade Hollingsworth Trust
Bought by
Oshea Ltd Llc
Seller's Agent
Tina Swonger
REMAX PROPERTIES
Buyer's Agent
Tina Swonger
REMAX PROPERTIES
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Views
72
Current Estimated Value
$475,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,324
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
May 13, 2014
Sold by
Abmont Joseph C and Abmont Denise M
Bought by
Vade Hollingsworth Trust

Purchase Details

Closed on
Sep 1, 2005
Sold by
Ciletti Lisa R and Brewer Johnette L
Bought by
Abmont Joseph C and Abmont Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 23, 2003
Sold by
Vidmar Robert L and Vidmar Gayle L
Bought by
Ciletti Lisa R and Brewer Johnette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,050
Interest Rate
5.27%
Mortgage Type
Commercial
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
Oshea Ltd Llc $375,000 Stewart Title
Vade Hollingsworth Trust $214,000 Unified Title Company
Abmont Joseph C $202,500 Fahtco
Ciletti Lisa R $169,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abmont Joseph C $141,750
Previous Owner Ciletti Lisa R $152,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $375,000 -11.8% $183 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $425,000 -- $208 / Sq Ft
Source: REcolorado®

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
2025 $1,615 $32,260 -- --
2024 $1,499 $33,500 $5,160 $28,340
2022 $1,376 $24,590 $3,490 $21,100
2021 $1,526 $25,860 $3,670 $22,190
2020 $1,495 $22,020 $3,120 $18,900
2019 $1,486 $22,020 $3,120 $18,900
2018 $1,284 $17,500 $2,880 $14,620
2017 $1,216 $17,500 $2,880 $14,620
2016 $988 $17,050 $3,180 $13,870
2015 $985 $17,050 $3,180 $13,870
2014 $933 $15,500 $2,870 $12,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1866557

REcolorado®

APN: 74111-17-020