NOT LISTED FOR SALE

324 E Main St Buena Vista, CO 81211

Estimated Value: $493,000 - $620,000

1 Bed
1 Bath
336 Sq Ft
$1,653/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2024

Last sale price $585,000 $1,741 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,163 / mo

114 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • 1-Story Property
  • City View
  • Cottage
  • Floor Furnace

About This Home

As of November 2024

Discover a rare and exciting opportunity in the heart of Buena Vista's bustling downtown district! Located on Main Street, this vacant lot is perfectly positioned for commercial or mixed-use development. Here’s why this property is a must-see for savvy investors: Central Location: Nestled in the rapidly growing downtown area, this lot offers prime visibility and accessibility on Main Street, making it ideal for businesses looking to thrive in a vibrant community. Development-Ready: A 4" DIP water line is already installed, fully accommodating a fire suppression system for any future commercial development, ensuring safety and compliance from the start. Opportunity Zone Benefits: Take advantage of the Colorado Opportunity Zone Program, which provides significant tax incentives, including favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. This is a unique financial benefit that enhances the appeal of your investment. Current Tenants: The Main Street frontage is leased to a popular food truck vendor until October, bringing steady foot traffic to the location. At the rear of the lot, a worn 336-square-foot residence is leased on a month-to-month basis, offering flexibility and additional income. Please note, a 24-hour notice is required to view the interior. If you're seeking a prime commercial investment in downtown Buena Vista, don't miss out on this property. Seize this chance to be part of a dynamic and growing community—schedule your viewing today!

Last Agent to Sell the Property

Irena Wilder

Irena Wilder Consulting Brokerage Email: irena@irenawilder.com License #1321145 Listed on: 05/24/2024

Last Buyer's Agent

Keri Gage

Century 21 Community First License #100093553

Century 21 Community First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1900

Lot Details

  • 4,680 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned MU-MX Mixed use

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 336 Sq Ft Home
  • 1-Story Property
  • City Views

Parking

  • 2 Parking Spaces
  • Gravel Driveway

Location

  • Ground Level
  • The property is located in a historic district

Schools

  • Avery Parsons Elementary School
  • Buena Vista Middle School
  • Buena Vista High School

Utilities

  • No Cooling
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Assessor Parcel Number R327108401402

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

Year Built

Built in 1900

Lot Details

4,680 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Structure Type: House
  • Levels: One
  • Building Name: None
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 336
  • Entry Location: Ground
  • Exclusions: Tenants personal property.
  • Living Area: 336
  • SubdivisionName: None
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-05-24
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.99321
  • Special Features: None

Interior Features

  • Common Walls: No One Below
  • Basement: No

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Frame
  • View: City
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Total Parking Spaces: 2

Utilities

  • Utilities: Electricity Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Buena Vista

Lot Info

  • Horses: No
  • Parcel Number: R327108401402
  • Lot Size Acres: 0.11
  • Fencing: None
  • Building Area Total: 336
  • Lot Features: Historical District, Level
  • Lot Size Sq Ft: 4680

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1468

MLS Schools

  • Elementary School: Avery Parsons
  • High School: Buena Vista

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
May 24, 2024
Closed on
Nov 11, 2024
Sold by
Bought by
Seller's Agent
Irena Wilder
Irena Wilder Consulting
Buyer's Agent
Keri Gage
Century 21 Community First
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%
Views
19
Current Estimated Value
$555,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,541
Avg. Annual Appreciation
-3.19%
Original Mortgage
$526,500
Outstanding Balance
$499,533
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$55,926

Purchase Details

Closed on
Dec 20, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$129,000 --
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
Open $526,500
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
11/15/2024 11/15/24 Sold $585,000 -0.7% $1,741 / Sq Ft
05/24/2024 05/24/24 For Sale $589,000 -- $1,753 / Sq Ft
Source: REcolorado®

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 $1,951 $32,060 $14,970 $17,090
2024 $1,557 $29,250 $16,050 $13,200
2023 $1,468 $29,250 $16,050 $13,200
2022 $1,160 $20,380 $13,990 $6,390
2021 $1,161 $20,980 $14,400 $6,580
2020 $917 $15,450 $8,970 $6,480
2019 $915 $15,450 $8,970 $6,480
2018 $869 $13,510 $7,450 $6,060
2017 $796 $13,510 $7,450 $6,060
2016 $794 $14,820 $9,050 $5,770
2015 $728 $14,820 $9,050 $5,770
2014 $728 $12,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9108709

REcolorado®

APN: R327108401402

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