NOT LISTED FOR SALE

309 W 8th St Unit 5 Palisade, CO 81526

Palisade Area Neighborhood

Estimated Value: $1,068,916

-- Bed
-- Bath
8,824 Sq Ft
$121/Sq Ft Est. Value

About This Home

This home is located at 309 W 8th St Unit 5, Palisade, CO 81526 and is currently estimated at $1,068,916, approximately $121 per square foot. 309 W 8th St Unit 5 is a home located in Mesa County with nearby schools including Taylor Elementary School, Mount Garfield Middle School, and Palisade High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Hean Sam Lem and Hean Muy Im
Bought by
309 W 8Th Street Llc
Current Estimated Value
$1,068,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,240
Outstanding Balance
$461,941
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$582,021

Purchase Details

Closed on
Oct 21, 2016
Sold by
Wood Donald R and Wood Mikala
Bought by
Hean Sam Lem and Hean Muy Im

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2005
Sold by
Nelson Charles M
Bought by
Wood Donald R and Wood Mikala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,868
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 1998
Sold by
Meens Laurence K
Bought by
Nelson Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1995
Sold by
Thoms Eleanor S
Bought by
Hean Sam Lem

Purchase Details

Closed on
Mar 15, 1995
Sold by
Thoms Walter R
Bought by
Hean Sam Lem

Purchase Details

Closed on
Jan 19, 1995
Sold by
Thoms Walter R
Bought by
Hean Sam Lem
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
309 W 8Th Street Llc $725,000 Land Title Guarantee
Hean Sam Lem $520,000 Abstract & Title Co Of Mesa
Wood Donald R $1,100,000 Meridian Land Title Llc
Nelson Charles M $387,500 --
Hean Sam Lem $255,000 --
Hean Sam Lem -- --
Hean Sam Lem -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 309 W 8Th Street Llc $515,240
Previous Owner Hean Sam Lem $390,000
Previous Owner Wood Donald R $535,868
Previous Owner Nelson Charles M $365,000
Closed Wood Donald R $388,000
Source: Public Records

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 $16,130 $199,960 $64,030 $135,930
2023 $16,130 $199,960 $64,030 $135,930
2022 $10,341 $125,680 $27,060 $98,620
2021 $10,117 $125,680 $27,060 $98,620
2020 $9,383 $118,870 $19,840 $99,030
2019 $8,938 $118,870 $19,840 $99,030
2018 $12,451 $154,000 $22,550 $131,450
2017 $11,582 $143,960 $22,550 $121,410
2016 $14,485 $199,560 $12,880 $186,680
2015 $14,648 $199,560 $12,880 $186,680
2014 $9,884 $135,340 $24,480 $110,860
Source: Public Records

Map

Colorado Mesa County Palisade 81526 Palisade Area

309 W 8th St Unit 5, Palisade, CO

This home is located at 309 W 8th St Unit 5, Palisade, CO 81526 and is currently estimated at $1,068,916, approximately $121 per square foot. 309 W 8th St Unit 5 is a home located in Mesa County with nearby schools including Taylor Elementary School, Mount Garfield Middle School, and Palisade High 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.

Nearby Homes