NOT LISTED FOR SALE

405 Park St Unit 405-407 Sterling, CO 80751

Estimated Value: $164,000 - $190,000

2 Beds
2 Baths
988 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $86,700 $88 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,005/month

12 Days on Market

Highlights

  • City View
  • No HOA
  • Outdoor Storage
  • Wood Flooring
  • Cooling Available
  • Ceiling Fan

About This Home

As of August 2016

DUPLEX WITH TWO ONE-BEDROOM RENTAL UNITS. EACH FEATURES ONE LARGE BEDROOM, LIVING ROOM, EFFICIENT KITCHENS AND FULL BATHS. NICE WOOD FLOOR PLUS *** NEW CHAMPION VINYL WINDOWS WITH EASY CLEANING RELEASE AND NEW 50-YEAR MARLARKEY SHINGLES *** JUST INSTALLED ON ENTIRE ROOF. SMALL SHED IN LARGE YARD WITH PRIVACY FENCING. BOTH TENANTS HAVE BEEN IN UNITS LONG TERM. PROPERTY IS OUTSIDE THE 100 YEAR FLOOD PLAN. ONE-DAY NOTICE TO TENANTS IS REQUIRED, PLEASE MAKE EARLY ARRANGEMENTS TO VIEW.

Last Agent to Sell the Property

Michele Owen

RE/MAX Homestead Northeast Listed on: 06/18/2016

RE/MAX Homestead Northeast

Last Buyer's Agent

Michele Owen

RE/MAX Homestead Northeast Listed on: 06/18/2016

RE/MAX Homestead Northeast

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1941

Lot Details

  • 6,251 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence

Parking

  • Alley Access

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • City Views
  • Crawl Space
  • Gas Oven or Range

Flooring

  • Wood
  • Painted or Stained Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Space Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, interior maintenance
  • Assessor Parcel Number 6214000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • B&M Subdivision

Building Details

  • Gross Income $10,500
  • Net Operating Income $9,278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$522

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: B&M
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 988
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 2
  • Entry Location: Outside Entry
  • Flooring: Wood Floors
  • Interior Amenities: Outside Entry
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Space Heater, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Sterling
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES 2
  • Lot Size Sq Ft: 6251
  • Parcel #: 6214000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Interior Maintenance

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 522

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 10500
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Granite Investments Llc
Bought by
Hogarth William
Current Estimated Value
$178,608

Purchase Details

Listed on
Jun 18, 2016
Closed on
Aug 15, 2016
Sold by
Turner Living Trust
Bought by
Granite Investments Llc
Seller's Agent
Michele Owen
RE/MAX Homestead Northeast
Buyer's Agent
Michele Owen
RE/MAX Homestead Northeast
List Price
$90,000
Sold Price
$86,700
Premium/Discount to List
-$3,300
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$69,360
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2014
Sold by
Turner Ted Trenneth
Bought by
Turner Living Trust

Purchase Details

Closed on
Jul 30, 2007
Sold by
Lee Kathryn Lynn and Greslie Karen Marie
Bought by
Turner Ted Trenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,920
Interest Rate
6.71%
Mortgage Type
New Conventional
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
Hogarth William -- None Listed On Document
Hogarth William -- None Listed On Document
Granite Investments Llc $86,700 Stewart Title
Turner Living Trust -- None Available
Turner Ted Trenneth $69,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granite Investments Llc $69,360
Previous Owner Turner Ted Trenneth $55,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $86,700 -- --
08/15/2016 08/15/16 Sold $86,700 -3.7% $88 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $90,000 -- $91 / 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 $394 $8,850 $0 $0
2023 $394 $8,850 $0 $0
2022 $580 $6,880 $1,700 $5,180
2021 $580 $7,240 $1,790 $5,450
2020 $543 $12,900 $1,680 $11,220
2019 $545 $12,900 $1,680 $11,220
2018 $537 $6,340 $1,260 $5,080
2017 $528 $30,790 $6,130 $24,660
2015 $257 $27,860 $5,690 $22,170
2014 $257 $26,050 $5,690 $20,360
2013 $257 $26,050 $5,690 $20,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 795021

IRES MLS

APN: 6214000