NOT LISTED FOR SALE

418 E 5th St Unit & 422 E. 5th St. Rifle, CO 81650

Estimated Value: $340,000 - $481,000

1 Bed
1 Bath
626 Sq Ft
$653/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2020

Last sale price $212,000 $339 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,434 / mo

92 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Views
  • Green Building
  • No HOA
  • 2-minute walk to Centennial Park

About This Home

As of September 2020

This Large City Lot Offers a Great Opportunity for Rental Investment Income With 2 Living Spaces or For Mother In Law Setup or Other Situations. The Possibilities are Numerous!

The 1918 Cottage is Cozy and Spacious with a Bedroom, Bathroom, Laundry Room and Storage Area. It Includes a Huge Yard for all Types of Use Which Includes a Great View to the South and West.

The Additional Dwelling Unit was Built in 1950 and Consists of 888 Sq. Ft. Which Includes a Bedroom, Loft Style Living Room with Walk Out Deck, Kitchen with Dining Nook, Bathroom, Utility Closet & a 10' x 16' Storage Shed. This Unit is Fully Fenced and Has Plenty of Room for Furry Creatures.

Combined This Property Offers 1,514 sq, ft. 2 Bedrooms, 2 Bathrooms Offering Great Rental Income Opportunities or Unique Living

Last Agent to Sell the Property

Mike Chavez

Mike Chavez Real Estate License #II100054715 Listed on: 02/21/2020

Last Buyer's Agent

Mike Chavez

Key Realty License #EA100054715

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1918

Lot Details

  • 10,675 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Fence is in average condition
  • Sprinkler System
  • Landscaped with Trees
  • Property is in average condition

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Laundry Room
  • Property Views
  • Unfinished Basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Garage
  • No Garage
  • RV Access or Parking

Outdoor Features

  • Patio
  • Storage Shed
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Rights Not Included

Additional Features

  • Green Building
  • Accessory Dwelling Unit (ADU)
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Association fees include sewer
  • East Rifle Addition Subdivision

Listing and Financial Details

  • Exclusions: Washer, Dryer
  • Assessor Parcel Number 217709422002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,159

Year Built

Built in 1918

Lot Details

10,675 Sq Ft Lot

Listing Details

  • Property Sub Type: Residential Income
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Inclusions: Oven, Refrigerator, Range, Dishwasher
  • Subdivision Name: East Rifle Addition
  • Directions: From White River to E. 5th St Go Up the Hill Just Passesd Munro Ave Cottage is on the Left Side of the Road Additional Dwelling Unit Can be Accessed thru Driveway of 318 or by the Alley Access Between 5th & 6th Streets on Munro Ave. Call With Any Questions.
  • Above Grade Finished Sq Ft: 626.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1918
  • Tax Parcel Letter: 2
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • General Info:Main Floor Master: Yes
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Listing Info:ADU: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 1159.4
  • Financing Info:Tax Year2: 2019
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Substructure:Unfinished Basement: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Exterior:Vinyl Siding: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • General Info:LvHtSqFt (Abv Grnd): 626.0
  • General Info:LvHtSqFt (Blw Grnd): 368.0
  • Unit Faces:South: Yes
  • Condition:Average: Yes
  • Inclusions:Oven: Yes
  • Extras:Outbuildings: Yes
  • Extras:Storage Shed: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 368.0
  • Living Area: 1.0
  • Style Other: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped
  • Exclusions: Washer, Dryer
  • Construction Type: Wood Siding, Vinyl Siding, Frame
  • Other Structures: Outbuilding
  • Property Condition: Average
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Keywords Info:Garage: None
  • Parking Area:RV Parking: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Association/Amenities

  • Listing Info:Member Association: Glenwood Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee Frequency2: Annually
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 10675.0
  • Parcel #: 217709422002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1159.4
  • Tax Year: 2019

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Sep 15, 2020
Sold by
Bought by
Seller's Agent
Mike Chavez
Mike Chavez Real Estate
Buyer's Agent
Mike Chavez
Mike Chavez Real Estate
List Price
$229,900
Sold Price
$212,000
Premium/Discount to List
-$17,900
-7.79%
Current Estimated Value
$408,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,957
Avg. Annual Appreciation
12.08%
Original Mortgage
$201,400
Outstanding Balance
$175,916
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$233,041

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$212,000 None Available
$115,000 --
$115,000 --
$59,500 --
$59,500 --
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
Open $201,400
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $212,000 -7.8% $339 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $229,900 -- $367 / Sq Ft
Source: Aspen Glenwood MLS

Tax 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.

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 $2,763 $31,430 $4,750 $26,680
2024 $2,763 $26,230 $4,460 $21,770
2023 $2,000 $26,230 $4,460 $21,770
2022 $1,466 $20,480 $4,520 $15,960
2021 $1,684 $21,070 $4,650 $16,420
2020 $893 $16,750 $3,150 $13,600
2019 $845 $16,750 $3,150 $13,600
2018 $704 $13,660 $2,950 $10,710
2017 $636 $13,660 $2,950 $10,710
2016 $650 $11,510 $2,870 $8,640
2015 $601 $11,510 $2,870 $8,640
2014 -- $8,550 $1,750 $6,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Chavez

    Mike Chavez Real Estate

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 163221

Aspen Glenwood MLS

APN: R360628

Colorado Garfield County Rifle 81650

418 E 5th St Unit & 422 E. 5th St., Rifle, CO

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