NOT LISTED FOR SALE

406 E 3rd St Rifle, CO 81650

Estimated Value: $449,708 - $652,000

7 Beds
4 Baths
2,850 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2020

Last sale price $342,000 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,195 / mo

167 Days on Market

Highlights

  • 0.43 Acre Lot
  • 1-Story Property
  • 3-minute walk to Centennial Park
  • No HOA

About This Home

As of December 2020

Income producing, fully rented with long term leases in place. (2) 1 bedroom units, (1) 3 bedroom unit and (1) 2 bedroom unit. Gross rents of $3250 a month. Great location. Tenants pay all utilities, separately metered electric and gas, water split monthly. 3 city lots. Great income producing opportunity!!!

Last Agent to Sell the Property

Misty Briscoe-Garcia

Integrated Mountain Properties Brokerage Phone: (970) 945-7653 License #ER100069884 Listed on: 08/08/2020

Last Buyer's Agent

Jayne Coley

Real Estate with R & R License #II100000084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $953

Year Built

  • Built in 1909

Lot Details

  • 18,750 Sq Ft Lot

Parking

  • No Garage

Interior Spaces

  • 2,850 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Community Details

  • No Home Owners Association
  • East View Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 217716108001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$953

Year Built

Built in 1909

Lot Details

0.43 Acres

Listing Details

  • Property Sub Type: Residential Income
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Subdivision Name: East View Addition
  • Directions: From Railroad Ave, East on 3rd Street, Property on the left
  • Master Model: No
  • Year Built: 1909
  • Tax Parcel Letter: R360161
  • Attribution Contact: (970) 945-7653
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Listing Info:REO: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 953.16
  • Financing Info:Tax Year2: 2019
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Living Area: 2850.0

Garage/Parking

  • Keywords Info:Garage: None

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Lot Info

  • Lot Size Sq Ft: 18750.0
  • Parcel #: 217716108001
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 953.16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Dec 11, 2020
Sold by
Third Street Llc
Bought by
Upward Ventures Llc
Seller's Agent
Misty Briscoe-Garcia
Integrated Mountain Properties
Buyer's Agent
Jayne Coley
Real Estate with R & R
List Price
$410,000
Sold Price
$342,000
Premium/Discount to List
-$68,000
-16.59%
Current Estimated Value
$562,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,427
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Petrich Nick
Bought by
Third Street Llc

Purchase Details

Listed on
May 7, 2013
Closed on
Oct 6, 2013
Sold by
Petrich Nick
Bought by
406 East Third Street Llc
Seller's Agent
Brad Knotts
RE/MAX Country New Castle
Buyer's Agent
Don Markley
RE/MAX Country New Castle
List Price
$260,000
Sold Price
$257,000
Premium/Discount to List
-$3,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$217,500
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 7, 2013
Closed on
Sep 3, 2013
Sold by
Third Street Llc
Bought by
Petrich Nick
Seller's Agent
Brad Knotts
RE/MAX Country New Castle
Buyer's Agent
Don Markley
RE/MAX Country New Castle
List Price
$260,000
Sold Price
$257,000
Premium/Discount to List
-$3,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 2012
Sold by
Knight William G
Bought by
Third Street Llc

Purchase Details

Closed on
Mar 8, 2002
Sold by
Davis Betty A Petruska
Bought by
Knight William G
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Upward Ventures Llc $342,000 Cwt
Third Street Llc -- None Available
406 East Third Street Llc -- None Available
Petrich Nick $257,500 Stewart Title
Third Street Llc -- None Available
Knight William G $215,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Petrich Nick $217,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $342,000 -16.6% $120 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $410,000 +59.5% $144 / Sq Ft
09/02/2013 09/02/13 Sold $257,000 -1.2% $95 / Sq Ft View Prior Sale
07/27/2013 07/27/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $260,000 -- $97 / 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
2025 $2,304 $26,210 $7,500 $18,710
2024 $2,304 $20,570 $5,680 $14,890
2023 $1,568 $20,570 $5,680 $14,890
2022 $1,328 $18,550 $5,440 $13,110
2021 $1,560 $19,510 $5,720 $13,790
2020 $1,007 $13,770 $5,430 $8,340
2019 $953 $13,770 $5,430 $8,340
2018 $1,006 $14,210 $4,510 $9,700
2017 $909 $14,210 $4,510 $9,700
2016 $1,036 $18,340 $5,730 $12,610
2015 $1,064 $20,400 $5,730 $14,670
2014 $690 $13,120 $2,390 $10,730
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Misty Briscoe-Garcia

    Integrated Mountain Properties

  • Jayne Coley

    Buyer's Agent in 2020

    Jayne Coley

    Real Estate with R & R

    (970) 230-0009

    4 in this area

    32 Total Sales

    Jayne Coley
    Section Image

  • B

    Seller's Agent in 2013

    Brad Knotts

    RE/MAX

  • D

    Seller Co-Listing Agent in 2013

    Don Markley

    RE/MAX

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Map

Source: Aspen Glenwood MLS

MLS Number: 164814

Aspen Glenwood MLS

APN: R360161

Colorado Garfield County Rifle 81650

406 E 3rd St, Rifle, CO

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