NOT LISTED FOR SALE

292 King Ave Somerset, CO 81434

Estimated Value: $132,000 - $236,741

2 Beds
2 Baths
1,105 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2023

Last sale price $216,500 $196 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,142 / mo

68 Days on Market

Highlights

  • River Front
  • Ranch Style House
  • 2 Car Attached Garage
  • Bluff on Lot
  • Wood Flooring
  • Laundry in Mud Room

About This Home

As of November 2023

RIVERSIDE PROPERTY! Affordable mountain home with great rental potential on the North Fork of the Gunnison river surrounded by Mountain Views in every direction. Somerset is small community halfway between Montrose and Carbondale. Gunnison National Forest, Paonia Reservoir, Keebler Pass, Crested Butte , and the Grand Mesa is just down the road. The Riverside cottage is an older home with a open layout, modern appliances, swamp cooler, new windows, new paint inside and out, newer forced air furnace, some hardwoods, new slider , nice covered deck, large lot, laundry and extra room in basement, plenty of parking, fenced yard, large master bedroom, and park right across the street. Stay cool all summer long, and fish, swim, kayak in your own backyard. Riverside cottage comes furnished so you can start enjoying it today or setup as rental.

Last Agent to Sell the Property

Tammy Tway

EXP REALTY, LLC License #FA100000779 Listed on: 08/12/2023

EXP REALTY, LLC

Last Buyer's Agent

Tammy Tway

EXP REALTY, LLC License #FA100000779 Listed on: 08/12/2023

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194

Year Built

  • Built in 1913

Lot Details

  • 11,326 Sq Ft Lot
  • River Front
  • Chain Link Fence
  • Bluff on Lot
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Heating System
  • Septic Tank

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 3185-170-10-005
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$194

Year Built

Built in 1913

Lot Details

0.26 Acres

Listing Details

  • 3 Phase: Unknown
  • Estimated Main Sq Ft: 1105
  • Bathroom Level: M-Main Level
  • Bedroom 2 Level: Main
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 10 x 8
  • Dining Rm Type: Combo
  • Elevation: 6047
  • Exterior Features: River Front
  • Family Rm Size: 0 x 0
  • Fronts: S
  • Gas Company: Amerigas
  • Heating Type: Forced Air
  • How Built: Site Built
  • Irrigation Description: City
  • Kitchen Lvl: Main
  • Laundry Rm Location: Mud Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 3 X 5
  • Living Rm Lvl: Main
  • Living Rm Size: 13 X 15
  • Lot Dimensions: Assessor
  • Lvt Date: 10/16/2023
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 14 X 15
  • Bedrooms: 2
  • Patio Deck: Deck-Covered
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Septic
  • Sewer Company: Septic
  • Street Desc Access: City/Town
  • Style: Ranch W/Basement
  • Taxes: 194
  • Tax Year: 2022
  • Total Acres: 0.26
  • Total Apx Sq Ft: 1105
  • Type: Single Family
  • Water: City Water
  • Zoning: SFR
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen Size: 16 X 9
  • Bathroom Description: 2 full
  • Appliances: Dryer, Electric Range Oven, Refrigerator, Washer
  • Basement Foundation: Crawl Space, Partial Basement
  • Eating Space: Yes
  • Floor: Hardwood, Linoleum
  • Interior Amenities: Ceiling Fan(s), Walk-In Shower, Window Coverings
  • Bathrooms: 2

Exterior Features

  • Fence: Chain Link
  • Landscaping: Landscaped Back
  • Roof: Metal

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2

Utilities

  • Electric Company: Delta-Montrose
  • Water Company: Somerset

Lot Info

  • Lot Description: 0' - 75' Frontage, Bluff Site, Foothills, Water Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 3185-170-10-005

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Nov 17, 2023
Sold by
Bought by
Seller's Agent
Tammy Tway
EXP REALTY, LLC
Buyer's Agent
Tammy Tway
EXP REALTY, LLC
List Price
$210,000
Sold Price
$216,500
Premium/Discount to List
$6,500
3.1%
Views
126
Current Estimated Value
$203,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,815
Avg. Annual Appreciation
-2.28%
Original Mortgage
$209,500
Interest Rate
0.0749%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2021
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$216,500 Land Title
-- None Available
$75,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $209,500
Closed $8,380
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $216,500 +3.1% $196 / Sq Ft
08/12/2023 08/12/23 For Sale $210,000 -- $190 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $584 $9,830 $1,930 $7,900
2024 $584 $7,830 $1,360 $6,470
2023 $231 $4,140 $720 $3,420
2022 $194 $3,390 $790 $2,600
2021 $192 $3,490 $810 $2,680
2020 $68 $1,220 $250 $970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20234507

Grand Junction Area REALTOR® Association

APN: R015885

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