NOT LISTED FOR SALE

387 Russell St Craig, CO 81625

Estimated Value: $246,830 - $310,000

3 Beds
1 Bath
2,466 Sq Ft
$110/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $164,000 $67 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,513/month

245 Days on Market

Highlights

  • Green Building
  • Fenced
  • 1-Story Property
  • West Facing Home

About This Home

As of November 2020

Situated on a corner lot this 3 plex has much to offer the savvy investor with a cap rate that exceeds 8%. Property includes a three bedroom home which features new paint & carpet along with washer/dryer hookups and off street parking. The duplex features one bedroom/one bathroom in each unit and off street parking. All units share a fenced backyard. The garage is rented separately and includes an office area and shop space.

Last Agent to Sell the Property

Amy Smith

Frontier Home & Ranch Real Estate Brokerage Phone: (307) 214-5583 License #ER100050220 Listed on: 08/03/2020

Last Buyer's Agent

non- member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1975

Lot Details

  • 9,375 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Fence is in average condition
  • Property is in average condition

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 2,466 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Additional Features

  • Green Building
  • Mineral Rights Excluded
  • Water Rights Not Included

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Craig Subdivision

Listing and Financial Details

  • Assessor Parcel Number 085501115017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,074

Year Built

Built in 1975

Lot Details

9,375 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Income
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Subdivision Name: Craig
  • Directions: Corner of Fourth Street and Russell Street.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Master Model: Other
  • New Construction: No
  • Year Built: 1975
  • Tax Parcel Letter: R009390
  • Attribution Contact: (307) 214-5583
  • Keywords Info:Pre-Fabricated Home: Other
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 1073.96
  • Financing Info:Tax Year2: 2019
  • Sanitation:Sewer: Yes
  • Water Rights:No3: Yes
  • Style:Ranch: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Unit Faces:West: Yes
  • Condition:Average: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2466.0

Exterior Features

  • Fencing: Fenced
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Frame
  • Property Condition: Average
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common
  • Keywords Info:Garage: 1 Car
  • Parking Area:Common2: Yes

Utilities

  • Building Features: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 9375.0
  • Parcel #: 085501115017
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1073.96
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Jane Macmillan Mary
Bought by
Soper Brian G and Soper Kara
Current Estimated Value
$271,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$45,777
Interest Rate
4.25%
Mortgage Type
Seller Take Back
Estimated Equity
$226,181

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 24, 2020
Sold by
Shewfelt Mary Jane
Bought by
387 Russell Llc
Seller's Agent
Amy Smith
Frontier Home & Ranch Real Estate
Buyer's Agent
non- member
Non-Member Office
List Price
$210,000
Sold Price
$164,000
Premium/Discount to List
-$46,000
-21.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
Sep 24, 2007
Sold by
St Louis Ervin and St Louis Frances Lee
Bought by
Square Top 3 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Soper Brian G $175,000 None Listed On Document
387 Russell Llc -- None Available
Shewfelt Mary Jane $164,000 None Available
Square Top 3 Llc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soper Brian G $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $164,000 -21.9% $67 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $210,000 -- $85 / Sq Ft
Source: Aspen Glenwood MLS

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 $1,347 $10,210 $0 $0
2023 $886 $10,210 $610 $9,600
2022 $856 $10,150 $870 $9,280
2021 $864 $10,440 $890 $9,550
2020 $911 $11,140 $890 $10,250
2019 $902 $11,140 $890 $10,250
2018 $785 $9,650 $900 $8,750
2017 $810 $9,650 $900 $8,750
2016 $851 $10,490 $990 $9,500
2015 $864 $10,490 $990 $9,500
2013 $864 $10,490 $990 $9,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 163014

Aspen Glenwood MLS

APN: R009390

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