Seller's Agent in 2025
Lynne Krnacik
Coldwell Banker Distinctive Properties
(970) 376-2583
38 Total Sales
423 Second St Gypsum, CO 81637
2
Beds
1
Bath
1,134
Sq Ft
4,356
Sq Ft Lot
Highlights
- Fitness Center
- Wood Burning Stove
- No HOA
- City View
- Engineered Wood Flooring
- Fireplace
About This Home
As of November 2025Light, bright and refreshed! Never on the market before, this historic single family home, is located in the heart of Gypsum. Now, it is ready for you to come and build your life's dreams, or to serve as an investment for someone who wants to live and thrive in our mountain community. 423 Second Street, 2 bedrooms, 1 bath, 1,134 square feet, no HOA, has a fenced in yard with fruit trees, tons of potential, and a laundry list of updating inside and out. Brand new roof, exterior/interior paint, flooring, trim, plumbing, water heater, lighting... Gypsum Creek Golf Course and the Rec Center are a few minutes away and the EGE airport is less than 10 minutes drive. The resorts of Beaver Creek and Vail are within 30-40 minutes, and the proximity to everything Gypsum, Glenwood Springs and the Vail Valley have to offer make this a great opportunity. Don't miss out!
Last Agent to Sell the Property
Coldwell Banker Distinctive Properties License #FA100005943 Listed on: 06/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,324
Year Built
- Built in 1932
Lot Details
- 4,356 Sq Ft Lot
- Fenced
Property Views
- City
- Valley
Home Design
- Block Foundation
- Frame Construction
- Metal Roof
- Wood Siding
Interior Spaces
- 1,134 Sq Ft Home
- 1-Story Property
- Fireplace
- Wood Burning Stove
- Range
- Washer and Gas Dryer Hookup
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Baseboard Heating
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 211105206002
- Seller Concessions Offered
Community Details
Overview
- No Home Owners Association
- Gypsum Subdivision
Recreation
- Fitness Center
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2025
Closed on
Nov 24, 2025
Sold by
Sinclair Leonard A and Sinclair Leonard Arthur
Bought by
Castillo Claudia and Castillo Sean
Seller's Agent
Lynne Krnacik
Coldwell Banker Distinctive Properties
Buyer's Agent
Thalia Leiva Doland
Berkshire Hathaway - Gypsum
List Price
$599,500
Sold Price
$545,000
Premium/Discount to List
-$54,500
-9.09%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.38%
Original Mortgage
$24,700
Outstanding Balance
$24,700
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$513,142
Purchase Details
Closed on
Jul 22, 1997
Sold by
A Leonard
Bought by
Sinclair Leonard A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,250
Interest Rate
7.72%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed Of Distribution | $545,000 | Land Title Guarantee Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $24,700 | New Conventional | |
| Open | $490,500 | New Conventional | |
| Previous Owner | $80,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $545,000 | -0.9% | $481 / Sq Ft |
| 10/16/2025 10/16/25 | Pending | -- | -- | -- |
| 09/09/2025 09/09/25 | Price Changed | $550,000 | -3.3% | $485 / Sq Ft |
| 07/31/2025 07/31/25 | Price Changed | $569,000 | -1.0% | $502 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $575,000 | -4.1% | $507 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $599,500 | -- | $529 / Sq Ft |
Source: Vail Multi-List Service
Tax History Compared to Growth
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 | $1,311 | $22,680 | $7,630 | $15,050 |
| 2023 | $1,311 | $22,680 | $7,630 | $15,050 |
| 2022 | $893 | $14,160 | $4,290 | $9,870 |
| 2021 | $918 | $14,570 | $4,410 | $10,160 |
| 2020 | $963 | $15,450 | $4,000 | $11,450 |
| 2019 | $963 | $15,450 | $4,000 | $11,450 |
| 2018 | $1,060 | $16,790 | $3,840 | $12,950 |
| 2017 | $1,056 | $16,790 | $3,840 | $12,950 |
| 2016 | $692 | $10,950 | $3,640 | $7,310 |
| 2015 | -- | $10,950 | $3,640 | $7,310 |
| 2014 | -- | $8,640 | $2,420 | $6,220 |
Source: Public Records
Agents Affiliated with this Home
-
Lynne Krnacik
-
Thalia Leiva Doland
T
Buyer's Agent in 2025
Thalia Leiva Doland
Berkshire Hathaway - Gypsum
(970) 306-2013
66 Total Sales
Map
Source: Vail Multi-List Service
MLS Number: 1011991
APN: R021480
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Copyright © 2025 Vail Multi List, Inc. (VMLS)
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