NOT LISTED FOR SALE

415 S 4th Ave Unit 417 Sterling, CO 80751

Estimated Value: $154,121 - $221,000

2 Beds
2 Baths
780 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $149,500 $192 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $972/month

45 Days on Market

Highlights

  • City View
  • Eat-In Kitchen
  • Painted or Stained Flooring
  • No HOA
  • Cooling Available
  • Outdoor Storage

About This Home

As of October 2021

Investment OPPORTUNITY. Duplex on small lot. Each side is roughly 390 square feet with living room, 1 bedroom, full bath. Unit 415 has a newer carpet. Unit 417 is fully remodeled with laminate flooring, kitchen and bath upgrades and paint. Unit 415 is rent on a housing voucher at $664 with gas/electric included (roughly $55 month Xcel). Unit 417 is rented at $625 with that tenant paying their own Xcel. Landlord pays water/trash/sewer roughly $189 / month. 24 hour notice required prior to showings. Small shed in back. CAP rate estimated, buyer to run numbers. Property appears to be included in the new flood plain; buyer to verify.

Last Agent to Sell the Property

Michele Owen

RE/MAX Homestead Northeast Listed on: 06/25/2021

RE/MAX Homestead Northeast

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1955

Lot Details

  • 2,736 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Wood Fence
  • Wire Fence

Parking

  • Alley Access

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Painted or Stained Flooring
  • City Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number 3564000

Community Details

Overview

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

Building Details

  • Gross Income $14,868
  • Net Operating Income $10,073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$429

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.06
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: B&M
  • Directions: From Main Street, go South on 3rd Avenue, take a right on Phelps, take a left on 4th Avenue, duplex on the left
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 780
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial, Wood, Wire
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame, Wood Siding, Painted/Stained
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, XCEL
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Other, 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
  • Lot Size Sq Ft: 2736
  • Parcel #: 3564000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection, None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 429

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14868
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 4795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 8, 2021
Sold by
Norco Investments Llc
Bought by
Janssen Ashley
Seller's Agent
Michele Owen
RE/MAX Homestead Northeast
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$149,500
Sold Price
$149,500
Current Estimated Value
$178,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,780
Avg. Annual Appreciation
4.52%
Original Mortgage
$108,000
Outstanding Balance
$98,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$79,794

Purchase Details

Closed on
Jul 31, 2015
Sold by
Koester Jacqueline S
Bought by
Norco Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Janssen Ashley $149,500 Capital Title
Norco Investments Llc $60,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janssen Ashley $108,000
Previous Owner Norco Investments Llc $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2022 01/08/22 Off Market $149,500 -- --
10/08/2021 10/08/21 Sold $149,500 0.0% $192 / Sq Ft
06/25/2021 06/25/21 For Sale $149,500 -- $192 / 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 $320 $7,890 $0 $0
2023 $320 $7,890 $0 $0
2022 $465 $5,520 $740 $4,780
2021 $465 $5,810 $780 $5,030
2020 $429 $10,200 $740 $9,460
2019 $428 $10,120 $730 $9,390
2018 $444 $5,240 $550 $4,690
2017 $437 $25,480 $2,680 $22,800
2015 $147 $16,200 $2,490 $13,710
2014 $147 $14,920 $2,490 $12,430
2013 $147 $14,920 $2,490 $12,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 944441

IRES MLS

APN: 3564000