NOT LISTED FOR SALE

415 E 7th St Leadville, CO 80461

Estimated Value: $435,000 - $589,996

4 Beds
2 Baths
1,427 Sq Ft
$369/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $560,000 $392 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,924/month

74 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Partially Fenced Property
  • 1-Story Property
  • North Facing Home
  • Wood Siding

About This Home

As of November 2024

Delightful Duplex in Downtown Leadville – Perfect Investment Opportunity! Discover a unique investment opportunity in the heart of downtown Leadville with this delightful duplex, situated on two spacious lots. This property features two well-maintained units, each offering 2 bedrooms and 1 bathroom, providing comfortable and convenient living spaces. Nestled in the historic downtown Leadville, this duplex offers easy access to local shops, restaurants, and recreational activities, making it an attractive option for both residents and tenants. Each unit features 2 bedrooms and 1 bathroom, offering cozy and functional living spaces. This property comes with current leases in place, providing immediate rental income. It's a hassle-free addition to your investment portfolio. Live in one unit and rent out the other to offset your mortgage, or continue renting both units for steady cash flow. Don't miss out on this fantastic opportunity to invest in a desirable Leadville location. Whether you're looking to expand your investment portfolio or find a new home with rental income potential, this duplex offers endless possibilities. Contact us today to schedule a viewing and explore the potential of this unique property!

Last Agent to Sell the Property

Heather Lindh

Aspen Leaf Realty Brokerage Email: heatherlindh@gmail.com,719-486-1930 License #40022132 Listed on: 08/01/2024

Last Buyer's Agent

Heather Lindh

Aspen Leaf Realty Brokerage Email: heatherlindh@gmail.com,719-486-1930 License #40022132 Listed on: 08/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1888

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • North Facing Home
  • Partially Fenced Property

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Westpark Elementary School
  • Lake County Middle School
  • Lake County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Stray Horse City Of Leadville Subdivision

Listing and Financial Details

  • Exclusions: Seller and Tenant's personal belongings and furnishings.
  • Assessor Parcel Number 263324315006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,014

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1888
  • Above Grade Finished Sq Ft: 1427
  • Exclusions: Seller and Tenant's personal belongings and furnishings.
  • Living Area: 1427
  • Directions: Downtown Leadville Harrison Avenue to E 7th Street. East on E 7th Street 4 blocks and property will be on the Right.
  • SubdivisionName: Stray Horse City of Leadville
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.95076
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Basement: Crawl Space
  • Basement: No
  • Total Bedrooms: 4

Exterior Features

  • Direction Faces: North
  • Roof: Architecural Shingle
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • Unit Numberof Parking Per Unit: 0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Lake County

Lot Info

  • Parcel Number: 263324315006
  • Lot Size Acres: 0.12
  • Fencing: Partial
  • Building Area Total: 1427
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2014

MLS Schools

  • Elementary School: Westpark
  • High School: Lake County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 6, 2024
Sold by
Welch Kyle
Bought by
Francis Drew Anthony
Seller's Agent
Heather Lindh
Aspen Leaf Realty
Buyer's Agent
Heather Lindh
Aspen Leaf Realty
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Views
59
Current Estimated Value
$526,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,751
Avg. Annual Appreciation
-5.26%
Original Mortgage
$549,857
Outstanding Balance
$543,775
Interest Rate
6.08%
Mortgage Type
FHA
Estimated Equity
-$17,526

Purchase Details

Closed on
Apr 23, 2014
Sold by
High Country Bank
Bought by
Welch Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2014
Sold by
Zeman Rodney J
Bought by
High Country Bank
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

Date Buyer Sale Price Title Company
Francis Drew Anthony $560,000 Title Company Of The Rockies
Welch Kyle $69,000 Stewart Title
High Country Bank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Drew Anthony $549,857
Previous Owner Welch Kyle $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $560,000 -4.9% $392 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $589,000 -- $413 / Sq Ft
Source: REcolorado®

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 $2,101 $19,278 $5,737 $13,541
2023 $2,101 $19,278 $5,737 $13,541
2022 $2,048 $18,599 $4,080 $14,519
2021 $2,215 $19,556 $4,290 $15,266
2020 $1,715 $15,822 $3,337 $12,485
2019 $1,689 $15,822 $3,337 $12,485
2018 $787 $7,542 $1,728 $5,814
2017 $601 $7,542 $1,728 $5,814
2016 $777 $8,034 $2,388 $5,646
2015 $774 $8,034 $2,388 $5,646
2014 $1,111 $7,981 $2,335 $5,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6169038

REcolorado®

APN: 263324315006