311 & 311 1/2 N 3rd St Hotchkiss, CO 81410
4
Beds
2
Baths
2,000
Sq Ft
0.35
Acres
Highlights
- Living Room with Fireplace
- Corner Lot
- Vinyl Flooring
About This Home
As of May 2025So many opportunities, buy your own home and it comes with a built in rental. How many residential properties start paying you back the day you close. Once you are under contract and your contingencies are removed you can start showing the rental to perspective renters. If you're single and just need one bedroom you can rent the two bedroom unit and cover your home payment. OR how about an investment property for under $400K with two homes ready to rent. What? You say you need a place for a special relative, a place close by where you can keep an eye on them? Well, here it is! No matter what your situation this is a place that deserves your attention. First peak is free, come see for yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,100
Year Built
- Built in 1960 | Remodeled in 2024
Lot Details
- 0.35 Acre Lot
- Corner Lot
Parking
- 1 Carport Space
Home Design
- Metal Roof
- Stick Built Home
Interior Spaces
- 2,000 Sq Ft Home
- Living Room with Fireplace
- Vinyl Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Hotchkiss K-8 Elementary And Middle School
- North Fork High School
Utilities
- Boiler Heating System
- Heating System Uses Natural Gas
- Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 324330319004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 11, 2024
Closed on
Apr 22, 2025
Sold by
Richard D Hansen Family Trust and Hansen Susan S
Bought by
Frazier Patricia M and Frazier Paul Alan
Seller's Agent
Robert Pennetta
WesternColoradoRealty.com
Buyer's Agent
Carrie Soto
RE/MAX Mountain West, Inc. - Paonia
List Price
$378,000
Sold Price
$351,000
Premium/Discount to List
-$27,000
-7.14%
Views
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,641
Avg. Annual Appreciation
-14.10%
Original Mortgage
$123,000
Outstanding Balance
$122,673
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$212,686
Purchase Details
Closed on
Dec 1, 2021
Sold by
Hansen Richard D
Bought by
Richard D Hansen Family Trust
Purchase Details
Closed on
Mar 1, 2000
Sold by
Maloney
Bought by
Hansen
Similar Homes in Hotchkiss, CO
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $351,000 | Land Title | |
| Personal Reps Deed | -- | None Listed On Document | |
| Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $123,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2025 05/02/25 | Sold | $351,000 | -7.1% | $176 / Sq Ft |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 12/11/2024 12/11/24 | For Sale | $378,000 | -- | $189 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,053 | $13,877 | $2,012 | $11,865 |
| 2023 | $1,053 | $13,877 | $2,012 | $11,865 |
| 2022 | $1,251 | $16,855 | $2,433 | $14,422 |
| 2021 | $1,255 | $17,340 | $2,503 | $14,837 |
| 2020 | $890 | $12,120 | $2,646 | $9,474 |
| 2019 | $875 | $12,120 | $2,646 | $9,474 |
| 2018 | $781 | $10,401 | $2,664 | $7,737 |
| 2017 | $699 | $10,401 | $2,664 | $7,737 |
| 2016 | $747 | $11,558 | $2,388 | $9,170 |
| 2014 | -- | $15,702 | $2,866 | $12,836 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Pennetta
R
Seller's Agent in 2025
Robert Pennetta
WesternColoradoRealty.com
(970) 234-2232
37 Total Sales
-
Carrie Soto
Buyer's Agent in 2025
Carrie Soto
RE/MAX
(970) 470-2667
85 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 819897
APN: R007988
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