NOT LISTED FOR SALE

2425 West Ave Unit 2427 Rifle, CO 81650

Estimated Value: $479,738 - $598,000

6 Beds
4 Baths
2,208 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $330,000 $149 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,955/month

15 Days on Market

Highlights

  • Green Building
  • Patio
  • Baseboard Heating
  • Interior Lot
  • Landscaped with Trees
  • Laundry Facilities

About This Home

As of October 2020

This is being sold subject to two long term leases with excellent tenants, who we do not want to disturb. Each tenant pays $1,275.00 per month plus utilities for a total annual gross rent of $30,600.00. This is a 9% annual return at full asking price. We will be providing a Matterport video but we don't want to disturb the tenants so we will allow access only with an executed purchase contract.

Last Agent to Sell the Property

Kelly McKee

Bullock & Hinkey Real Estate Brokerage Phone: (970) 384-2030 License #40034457 Listed on: 07/20/2020

Co-Listed By

Joshua Landis

Christie's International Real Estate Aspen Snowmass Brokerage Phone: (970) 384-2030 License #FA100005269

Last Buyer's Agent

Irma Starbuck

The Property Shop License #FA40029303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1981

Lot Details

  • 9,555 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Interior Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Masonite

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • No Garage
  • 1 Car Parking Space

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Water Rights Not Included

Additional Features

  • Green Building
  • Mineral Rights Excluded

Listing and Financial Details

  • Exclusions: Window Coverings, See Remarks
  • Assessor Parcel Number 217704312005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer
  • Palomino Park Addition Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,213

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: 216506643
  • Co List Office Phone: 970-544-5800
  • Inclusions: Dryer, Refrigerator, See Remarks, Washer, Range, Dishwasher
  • Subdivision Name: Palomino Park Addition
  • Directions: Travel North on Railroad Avenue. At light of intersection of Railroad Avenue and Whiteriver/W. 24th Street, turn left onto W. 24th Street. Turn right onto West Avenue. Property is on the left hand side. Sign on Property.
  • Above Grade Finished Sq Ft: 2208.0
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1981
  • Tax Parcel Letter: R360041
  • Attribution Contact: (970) 384-2030
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: MDR
  • General Info:Main Floor Master: No
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 1213.4
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Laundry Facility:Area4: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • General Info:LvHtSqFt (Abv Grnd): 2208.0
  • Unit Faces:East: Yes
  • Style:Two Story: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Exterior:Masonite: Yes
  • Carport:_one_ Car: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2208.0

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Seller Lic RE Agent
  • Exclusions: Window Coverings, See Remarks
  • Construction Type: Frame, Masonite
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 Car
  • Keywords Info:Garage: None
  • Parking Area:_one_ Car2: Yes

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 9555.0
  • Parcel #: 217704312005
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1213.4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Vasquez Walter Joel
Bought by
Vasquez Jose Ernesto
Current Estimated Value
$539,185

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 1, 2020
Sold by
Lamdis Joshua B
Bought by
Vasquez Jose Ernesto and Vasquez Walter Joel
Seller's Agent
Kelly McKee
Bullock & Hinkey Real Estate
Buyer's Agent
Irma Starbuck
The Property Shop
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$231,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2008
Sold by
Coordes Mathias H
Bought by
Landis Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Englert Shirley L
Bought by
Coordes Mathias H and Landis Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1989
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
Vasquez Jose Ernesto -- None Listed On Document
Vasquez Jose Ernesto $330,000 Attorneys Title Agency
Landis Joshua B -- None Available
Coordes Mathias H $242,000 Cwt
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasquez Jose Ernesto $231,000
Previous Owner Landis Joshua B $305,000
Previous Owner Coordes Mathias H $193,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $330,000 -2.9% $149 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $340,000 -- $154 / Sq Ft
Source: Aspen Glenwood 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 $1,525 $20,000 $3,390 $16,610
2023 $1,525 $20,000 $3,390 $16,610
2022 $1,398 $19,520 $3,400 $16,120
2021 $1,641 $20,530 $3,580 $16,950
2020 $1,282 $17,530 $3,290 $14,240
2019 $1,213 $17,530 $3,290 $14,240
2018 $1,012 $14,290 $3,170 $11,120
2017 $914 $14,290 $3,170 $11,120
2016 $745 $13,180 $3,500 $9,680
2015 $688 $13,180 $3,500 $9,680
2014 $677 $12,890 $1,950 $10,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 165430

Aspen Glenwood MLS

APN: R360041