NOT LISTED FOR SALE

401 W Cranston Ave Fowler, CO 81039

Estimated Value: $184,993 - $303,000

10 Beds
10 Baths
3,724 Sq Ft
$65/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $110,000 $30 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,189/month

Highlights

  • Ranch Style House
  • Cooling System Mounted In Outer Wall Opening
  • 2 Car Detached Garage
  • No HOA
  • Landscaped with Trees
  • Heating System Uses Natural Gas

About This Home

As of October 2017

GOLD MINE!! Great investment opportunity! Prime location! (Highway 50 east - fewer than 30 minutes to Pueblo) With some TLC this would return great dividends on your investment! Great addition to your portfolio. This 10 unit apartment complex also includes a detached 3 bedroom, 1 bath house with partial basement. The house could be used for the on-site property manager or additional rental.. There is also a two-car detached garage on site. Units 1-4 units are attached, 5-8 are stand-alone studio(cabin-like structures), 9 and 10 are attached. There is a laundry room attached to unit 8 with access to 1 washer and 1 dryer.The property needs lots of TLC but would bring a great return on your investment. A must see! Don't pass up this opportunity.

Last Agent to Sell the Property

Barbara Behm

HomeSmart Cherry Creek Listed on: 07/22/2016

Last Buyer's Agent

Barbara Behm

HomeSmart Cherry Creek Listed on: 07/22/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $218

Year Built

  • Built in 1946

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 69.3 x 69.3 x 69.3 x 92.4
  • Landscaped with Trees
  • Property is in average condition

Parking

  • 2 Car Detached Garage

Home Design

  • 3,724 Sq Ft Home
  • Ranch Style House
  • Side-by-Side
  • Composition Roof
  • Metal Roof
  • Galvanized Plumbing
  • Stucco

Kitchen

  • Gas Range
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Location

  • Ground Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,350

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Fowler Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$218

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Directions: Hwy 50 East to Fowler. Sunset Apartments will be on your left as you enter town.
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.32
  • Lot Size: 69.3 x 69.3 x 69.3 x 92.4
  • Subdivision Name: Fowler
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, Other-See Remarks
  • Year Built: 1946
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: M
  • NAV29_Unit_4_Level: M
  • NAV29_Unit_5_Level: M
  • NAV29_Unit_6_Level: M
  • NAV29_Unit_7_Level: M
  • NAV29_Unit_8_Level: M
  • NAV29_Water_Heater: Gas
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: No
  • NAV29_Unit_1_Condition: Fair
  • NAV29_Unit_2_Condition: Fair
  • NAV29_Unit_3_Condition: Fair
  • NAV29_Unit_4_Condition: Fair
  • NAV29_Unit_5_Condition: Fair
  • NAV29_Unit_6_Condition: Fair
  • NAV29_Unit_7_Condition: Fair
  • NAV29_Unit_8_Condition: Fair
  • NAV29_Unit_1_Appliances: No
  • NAV29_Unit_2_Appliances: No
  • NAV29_Unit_3_Appliances: No
  • NAV29_Unit_4_Appliances: No
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Gas Range-All, Refrigerator-All
  • Interior Amenities: None
  • Has Basement: None
  • Private Spa: No
  • Total Bedrooms: 10
  • Fireplace Features: Other-See Remarks
  • Fireplace: No
  • Window Features: Single Pane

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Metal
  • Lot Features: Trees-Front
  • Disclosures: 1
  • Construction Type: Stucco, Galvanized Plumbing, Plastic Plumbing
  • Patio And Porch Features: None

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall Unit
  • Heating: Natural Gas
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: No Laundry Facilities On Site
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: SourceGas

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: RJ4

Lot Info

  • Zoning: B-5
  • Lot Size Sq Ft: 13939.2
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month

Multi Family

  • Number Of Units Total: 10
  • Total Actual Rent: 3350
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 218.22

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $110,000 -26.7% $30 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $150,000 -- $40 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $147 $1,764 $764 $1,000
2023 $147 $1,764 $764 $1,000
2022 $210 $2,507 $775 $1,732
2021 $219 $2,636 $815 $1,821
2020 $185 $2,644 $818 $1,826
2019 $185 $2,644 $818 $1,826
2018 $197 $2,570 $823 $1,747
2017 $197 $2,570 $823 $1,747
2016 $220 $2,886 $910 $1,976
2015 $312 $2,886 $910 $1,976
2014 $312 $3,425 $910 $2,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 162689

Pueblo Association of REALTORS®

APN: 4375-174-04004