NOT LISTED FOR SALE

328 N 8th Ave Unit 330 Sterling, CO 80751

Estimated Value: $145,788 - $179,000

3 Beds
2 Baths
1,384 Sq Ft
$114/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $125,000 $90 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $870/month

48 Days on Market

Highlights

  • Corner Lot
  • Cottage
  • Partially Fenced Property
  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of May 2020

TWO INCOME PROPERTIES on the same parcel! The larger home offers 2BR,1-bath, fenced yard, and laundry hook ups! The smaller 1 BR, 1-bath home offers laminate flooring, laundry hook ups and off street parking. These homes have separate water meters!

Last Agent to Sell the Property

Brianna McBride

Area Wide Realty, LLC Listed on: 03/18/2020

Last Buyer's Agent

Laina Maule

The Pointe Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1921

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Corner Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Ayres Elementary School
  • Sterling Middle School
  • Sterling High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number 38052530425002

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Homebuilders Subdivision

Building Details

  • Gross Income $13,680
  • Net Operating Income $13,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$380

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: HOMEBUILDERS
  • Architectural Style: Cottage/Bung, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1384
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Chain Link
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame, Stucco
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Ayres,Campbell
  • HighSchool: Sterling
  • Junior High Dist: Valley RE 1
  • Middle Or Junior School: Sterling

Lot Info

  • Zoning: R1
  • Lot Size Sq Ft: 6534
  • Parcel #: 38052530425002
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 380

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13680
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 11, 2020
Sold by
Mcbride Investments Llc
Bought by
Carmichael Larry K
Seller's Agent
Brianna McBride
Area Wide Realty, LLC
Buyer's Agent
Laina Maule
The Pointe Real Estate LLC
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$158,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,447
Avg. Annual Appreciation
4.51%
Original Mortgage
$93,750
Outstanding Balance
$83,076
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$75,372

Purchase Details

Closed on
Nov 6, 2009
Sold by
Wisdom Steve and Wisdom Rhonda
Bought by
Mcdbride Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Carmichael Larry K $125,000 Stewart Title
Carmichael Larry K $125,000 Stewart Title
Mcdbride Investments Llc $52,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Larry K $93,750
Closed Carmichael Larry K $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Off Market $125,000 -- --
05/26/2020 05/26/20 Sold $125,000 -3.8% $90 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $130,000 -- $94 / Sq Ft
Source: IRES MLS

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 $358 $8,370 $0 $0
2023 $358 $8,370 $0 $0
2022 $549 $6,520 $880 $5,640
2021 $549 $6,860 $930 $5,930
2020 $379 $9,000 $740 $8,260
2019 $380 $9,000 $740 $8,260
2018 $368 $4,340 $660 $3,680
2017 $362 $21,100 $3,190 $17,910
2015 $195 $20,690 $2,960 $17,730
2014 $195 $19,790 $2,960 $16,830
2013 $195 $19,790 $2,960 $16,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 906984

IRES MLS

APN: 38052530425002