NOT LISTED FOR SALE

417 W 3rd St Trinidad, CO 81082

Estimated Value: $244,000 - $369,000

4 Beds
4 Baths
3,700 Sq Ft
$83/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $236,000 $64 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,815/month

143 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Mountain View
  • Wood Flooring
  • Covered patio or porch

About This Home

As of June 2024

Check out this great investment opportunity to own a 4-Plex property in the heart of downtown Trinidad. This property sits on over 1/2 an acre, is fully fenced and has a shared garden space. The shared deck overlooks downtown Trinidad with views of the mountains. The large covered front porch is an ideal space to enjoy the outdoors year round. Plenty of off street parking coupled with a oversized attached garage. The upstairs units are 1 bedroom and 1 bathroom each and the downstairs units are a shotgun style bedroom/studio and 1 bathroom each. They have historically rented for $1000 per unit with the current owner. These type of properties do not come along very often, so call me today to check it out before it's gone!

Last Listed By

Sarah Manshel

eXp Realty LLC License #FA.100067471 Listed on: 11/27/2023

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,622

Year Built

  • 1908

Lot Details

  • 0.6 Acre Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Level Lot
  • Garden

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Shingle Roof

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Unfinished Basement
  • Partial Basement
  • Electric Oven or Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Radiator
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Original Townsite Subdivision

Listing and Financial Details

  • Assessor Parcel Number Tax ID R0007069 Parcel # 12224000
  • $1 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,622

Year Built

1908

Lot Details

0

Listing Details

  • Basement Substructure: Basement, Partial, Unfinished
  • Directions: On 3rd between High and Animas
  • Earnest Money Fee: 3000.00
  • Ernst Money Pay To: Title Company TBD
  • Listing Member Name: Sarah Manshel
  • Listing Office Short Id: expre
  • List Type: Exclusive Right To Sell
  • Open House Office I D: 20200918005857277502000000
  • Patio Deck: Deck, Porch, Covered
  • Prop. Type: Multi-Family
  • Selling Member Short Id: 12333
  • Selling Office Short Id: 1234
  • Building Stories: 2.0
  • Building Style: Fourplex
  • Assessor Parcel Number: Tax ID R0007069 Parcel # 12224000
  • Non Member Non Member Name: Greg Cicciu
  • Non Member Non Member Office: Homesmart Realty
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1908

Interior Features

  • Appliances: Dryer, Electric, Range Oven, Electric, Refrigerator, Washer
  • Flooring: Carpet, LAMINATE, Wood
  • Legal Description: O T S BLK-72- EAST REAR 55FT OF LT-6- O T S BLK-72- THE EASTERLY PART OF LT-7- BEING 48'X 50' O T S BLK-72- EAST 36FT OF THE WEST 136FT OF LT-7-
  • Estimated Above Grade Sq Ft: 3700.00
  • Total Bathrooms: 4.00
  • Total Rooms: 14

Exterior Features

  • Roofing: Composition Shingles
  • Construction Type: Frame
  • Exterior: Off-Street Parking, RV Parking
  • Road: Paved
  • Topography: Flat
  • Views: House, Mountain

Garage/Parking

  • Garage Remarks: oversized
  • Garage Stall: 1
  • Garage Type: Attached

Utilities

  • Electrical Service: Breaker
  • Gas Company: Natural Gas
  • Heating: Gas, HOT WATER BASEBOARD, HOT WATER RADIATOR
  • Plumbing: Combination
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: No

Fee Information

  • Taxes: 1621.80

Green Features

  • Green Landscaping: Fence, Metal, Fence, Wood, Garden Area

Lot Info

  • Lot Acres: 0.60
  • Lot Description: Multiple, Rectangular
  • Zoning: Medium Density Residential

Tax Info

  • Year: 2023

Multi Family

  • Total Bedrooms: 4
  • Total Full Baths: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jun 6, 2024
Sold by
Vanderford Sally A
Bought by
Cicciu H Gregory H and Cicciu Kimball Maureen
Seller's Agent
Sarah Manshel
eXp Realty LLC
Buyer's Agent
Non Member Broker
Non Member Broker
List Price
$325,000
Sold Price
$236,000
Premium/Discount to List
-$89,000
-27.38%
Total Days on Market
143
Views
35
Current Estimated Value
$308,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,067
Avg. Annual Appreciation
33.60%
Original Mortgage
$177,000
Outstanding Balance
$175,559
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$132,508

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jun 5, 2024
Sold by
Trujillo Dorothy J
Bought by
Vanderford Sally A
Seller's Agent
Sarah Manshel
eXp Realty LLC
Buyer's Agent
Non Member Broker
Non Member Broker
List Price
$325,000
Sold Price
$236,000
Premium/Discount to List
-$89,000
-27.38%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Outstanding Balance
$175,559
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$132,508

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
Cicciu H Gregory H $236,000 None Listed On Document
Vanderford Sally A $37,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cicciu H Gregory H $177,000
Previous Owner Vanderford Sally A $82,500
Previous Owner Hinkel Michael J $35,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $236,000 0.0% $64 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/22/2024 03/22/24 Off Market $236,000 -- --
11/27/2023 11/27/23 For Sale $325,000 +169.7% $88 / Sq Ft
09/23/2016 09/23/16 Sold $120,500 -- $33 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
Source: Spanish Peaks Board 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 $1,285 $27,670 $2,730 $24,940
2023 $1,285 $26,590 $4,690 $21,900
2022 $818 $15,850 $5,540 $10,310
2021 $833 $16,310 $5,700 $10,610
2020 $836 $16,620 $5,700 $10,920
2019 $8 $16,620 $5,700 $10,920
2018 $858 $16,740 $5,740 $11,000
2017 $832 $16,740 $0 $0
2015 $911 $18,762 $0 $0
2013 $942 $18,762 $6,604 $12,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Spanish Peaks Board of REALTORS®

MLS Number: 23-1248

Spanish Peaks Board of REALTORS®

APN: 12224000