NOT LISTED FOR SALE

261/259 Faraday St Monte Vista, CO 81144

Estimated Value: $237,619 - $323,000

5 Beds
3 Baths
2,288 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $250,000 $109 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,670/month

9 Days on Market

Highlights

  • Mountain View
  • Patio
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of January 2023

This home is located at 261/259 Faraday St, Monte Vista, CO 81144 since 24 August 2022 and is currently estimated at $283,155, approximately $123 per square foot. This property was built in 1994. 261/259 Faraday St is a home located in Rio Grande County with nearby schools including Marsh Elementary School, Bill Metz Elementary School, and Monte Vista Middle School.

Last Agent to Sell the Property

Bobby Raps

Prairie Real Estate Investments Listed on: 08/24/2022

Last Buyer's Agent

Candice Hennigh

Schulz Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1994

Lot Details

  • 8,276 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Mountain Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Marsh-Bill Metz K-5 Elementary School
  • Monte Vista 6-8 Middle School
  • Monte Vista 9-12 High School

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer, trash
  • The owner pays for building insurance, real estate taxes
  • Assessor Parcel Number 3531406012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,157

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Disposal
  • Estimated Total Acres: 0.19
  • Class: Multifamily
  • Em Deposit: 3000.00
  • Em Holder: Title Company
  • Exterior Inclusions: Patio
  • Fronts: East
  • Interior Inclusions: Ceiling Fan(s), W/D Hookup, Garage Door Opener
  • Legal Lot Block: LOTS 1-2 BLK 5 GRANDVIEW LESS W 70 FT LOTS 1-2 @ BK 515 PG 1986 FORMERLY 3531406005
  • List Price per Sq Ft: 109.27
  • Lot Size Acreage: Less than 1/2
  • Parcel Id Number: 3531406012
  • Price Per Sq Ft: 109.27
  • Property Attached: Yes
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Sold Price Sq Ft: 109.27
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Zoning: Residential Multi Family
  • Domestic Water Sewer: City Water, City Sewer
  • Heating Fuelsystem: Natural Gas, Forced Air
  • Landlord Pays: Building Insurance, Real Estate Taxes
  • Metered: Metered for Gas, Metered for Electricity
  • Total Number Gas Meters: 2
  • Total Number Water Meters: 2
  • Type: Duplex
  • Listed In Other Class: Yes
  • Total Taxes Dollar: 1156.58
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Dining Room: Kitchen/Dining
  • Flooring: Carpet, Linoleum
  • Master Bedroom: Main Level
  • Estimated Total Sq Ft: 2288
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Foundation: Crawl Space
  • Main Level Sq Ft: 2288
  • Total Office Den: 0

Exterior Features

  • Fence: Chain Link
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Parking Spaces: 2
  • Garage Capacity: 2
  • Parking: On Street, 1 per unit, Garage

Utilities

  • Electric Supplier: Xcel Energy
  • Gas Supplier: Xcel Energy
  • Sewer Supplier: City of Monte Vista
  • Water Supplier: City of Monte Vista

Schools

  • Elementary School: Marsh-Bill Metz K-5
  • Middle School: Monte Vista 6-8
  • High School: Monte Vista 9-12
  • High School: Monte Vista 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas, Water/Sewer, Trash
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 2

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Marsh-Bill Metz K-5
  • Middle School: Monte Vista 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Jan 3, 2023
Sold by
Johns Michel Brady
Bought by
Aguilar Maria V and Aguilar Anita S
Seller's Agent
Bobby Raps
Prairie Real Estate Investments
Buyer's Agent
Candice Hennigh
Schulz Realty LLC
List Price
$250,000
Sold Price
$250,000
Total Days on Market
9
Views
10
Current Estimated Value
$283,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,155
Avg. Annual Appreciation
5.28%
Original Mortgage
$187,500
Outstanding Balance
$182,658
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$100,497

Purchase Details

Closed on
Jul 30, 2018
Sold by
Cotten Larry L and Cotten Lorell Rae
Bought by
Johns Michael Brady and Johns Carolyn Sue

Purchase Details

Closed on
Oct 25, 1993
Sold by
Mel Leasing Corp
Bought by
Cotten Larry L and Cotten Larell Rae
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
Aguilar Maria V $250,000 --
Johns Michael Brady $169,500 None Available
Cotten Larry L $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Maria V $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $250,000 0.0% $109 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $250,000 -- $109 / 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 $972 $12,971 $209 $12,762
2023 $972 $12,971 $209 $12,762
2022 $1,107 $14,080 $272 $13,808
2021 $1,157 $14,804 $286 $14,518
2020 $1,027 $13,134 $286 $12,848
2019 $1,028 $13,134 $286 $12,848
2018 $976 $12,352 $0 $0
2017 $982 $12,352 $0 $0
2016 $994 $12,378 $0 $0
2015 $1,016 $12,378 $0 $0
2014 $1,016 $12,506 $0 $0
2013 $1,012 $12,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 797616

Colorado Real Estate Network (CREN)

APN: 3531406012