NOT LISTED FOR SALE

397 Main St Walden, CO 80480

Estimated Value: $229,000 - $859,000

20 Beds
18 Baths
8,905 Sq Ft
$48/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $700,000 $79 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $2,285/month

Highlights

  • No HOA
  • Satellite Dish
  • 1-Story Property
  • Baseboard Heating

About This Home

As of July 2021

This commercial and residential offering includes a fourplex, a 12 unit motel with 5 kitchenettes, a 4 bedroom/2 bath residence, and 5 RV spaces located. This offering comprises 14 city lots with Main Street frontage - 397 Main Street, 361 Main Street, 365 Main Street and 345 Main Street. This is the first time these properties have been offered for public sale and have a loyal clientele. This opportunity with so much potential is situated in the heart of recreational paradise in North Park, Colorado. Home to Colorado's Gold Medal streams, big game hunting, north sand dunes, abundant outdoor recreation and no stop lights.

Last Agent to Sell the Property

Jennifer Weddle

North Park Premier Real Estate Listed on: 04/26/2021

Last Buyer's Agent

Jennifer Weddle

North Park Premier Real Estate Listed on: 04/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1940

Lot Details

  • 0.8 Acre Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 8,905 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 18 Bathrooms

Schools

  • Walden Elementary School
  • North Park Middle School
  • North Park High School

Utilities

  • Baseboard Heating
  • Satellite Dish

Community Details

  • No Home Owners Association
  • 17 Units

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 10175900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.8
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 8905
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 20
  • Interior Amenities: Satellite Avail
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Mountain Parks
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Walden
  • Gas Company: Natural Gas, Town of Walden

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Walden,Walden
  • HighSchool: North Park
  • Junior High Dist: North Park R-1
  • Middle Or Junior School: North Park

Lot Info

  • Zoning: Comm/Res
  • Lot Size Sq Ft: 35000
  • Parcel #: 10175900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 23, 2021
Sold by
Rlt Bette Lou Prentice
Bought by
361 Main Street Llc
Seller's Agent
Jennifer Weddle
North Park Premier Real Estate
Buyer's Agent
Jennifer Weddle
North Park Premier Real Estate
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Current Estimated Value
$423,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$276,973
Avg. Annual Appreciation
-11.28%
Original Mortgage
$136,000
Outstanding Balance
$123,131
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$299,896
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
361 Main Street Llc $120,000 Fidelity National Title Co
397 Main Street Llc $170,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 397 Main Street Llc $136,000
Closed 361 Main Street Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Off Market $700,000 -- --
07/21/2021 07/21/21 Sold $700,000 -12.5% $79 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $800,000 -- $90 / 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 $500 $8,682 $2,258 $6,424
2023 $500 $8,682 $0 $0
2022 $662 $11,483 $3,060 $8,423
2021 $687 $12,074 $3,218 $8,856
2020 $436 $7,231 $1,285 $5,946
2019 $426 $7,231 $1,285 $5,946
2018 $439 $7,280 $1,290 $5,990
2017 $443 $7,280 $1,290 $5,990
2016 $451 $7,446 $1,431 $6,015
2015 $413 $7,446 $1,431 $6,015
2014 $413 $7,116 $1,101 $6,015
2011 $399 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Weddle

    Seller's Agent in 2021

    Jennifer Weddle

    North Park Premier Real Estate

    (970) 219-4982

    28 Total Sales

    Jennifer Weddle
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Map

Source: IRES MLS

MLS Number: 938659

IRES MLS

APN: 0010175900

Colorado Jackson County Walden 80480

397 Main St, Walden, CO

This home is located at 397 Main St, Walden, CO 80480 since 26 April 2021 and is currently estimated at $423,027, approximately $47 per square foot. This property was built in 1940. 397 Main St is a home located in Jackson County with nearby schools including North Park School District.

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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