Seller's Agent in 2021
Michele Owen
RE/MAX
(970) 580-2949
134 Total Sales
424 S 2nd St Unit 425 1/2 Sterling, CO 80751
Estimated Value: $193,000 - $213,000
4
Beds
2
Baths
1,675
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- City View
- Cathedral Ceiling
- Enclosed Patio or Porch
- Deck
- No HOA
- Eat-In Kitchen
About This Home
As of November 2021EARN A RETURN ON YOUR IDLE CASH BY INVESTING IN RENTAL PROPERTY! This property has 2 houses on 1 lot. Front house has a large living/dining combo with wood floors, 2 large bedrooms, full bath, kitchen w/stove & refrigerator, HIGH ceilings, back enclosed porch with w/d hook-ups and covered front porch. Back house is newly remodeled with new windows, new electrical, new roof, fresh paint, new carpet & new kitchen cabinets/counter tops, stove & refrigerator, large back porch for storage (can add w/d hook-ups; need to add drain).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $443
Year Built
- Built in 1910
Lot Details
- 5,750 Sq Ft Lot
- Property fronts an alley
- Dirt Road
- Partially Fenced Property
- Wood Fence
- Chain Link Fence
Parking
- Alley Access
Home Design
- Slab Foundation
- Wood Frame Construction
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,675 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Dining Room
- Painted or Stained Flooring
- City Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Deck
- Enclosed Patio or Porch
Schools
- Ayres Elementary School
- Sterling Middle School
- Sterling High School
Utilities
- Air Conditioning
- Zoned Heating
- Baseboard Heating
- Hot Water Heating System
- Cable TV Available
Listing and Financial Details
- Tenant pays for deposit, gas, electricity
- Assessor Parcel Number 38052532120010
Community Details
Overview
- No Home Owners Association
- 2 Units
- Minos C Kins & Sarah E Smith Subdivision
Building Details
- Gross Income $19,008
- Net Operating Income $15,965
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2021
Closed on
Oct 29, 2021
Sold by
Rores Ryan T
Bought by
Boothe Bernnell Nance and Boothe Tana Lee
Seller's Agent
Michele Owen
RE/MAX Homestead Northeast
Buyer's Agent
Tyson Letlow
HomeSmart Realty Partners Lvld
List Price
$193,000
Sold Price
$188,000
Premium/Discount to List
-$5,000
-2.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,203
Avg. Annual Appreciation
2.10%
Original Mortgage
$138,750
Outstanding Balance
$126,945
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$77,258
Purchase Details
Closed on
Mar 17, 2021
Sold by
Lopez Nina and Lopez Reyes
Bought by
Flores Ryan T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boothe Bernnell Nance | $189,000 | Stewart Title | |
| Flores Ryan T | $110,000 | Stewart Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boothe Bernnell Nance | $138,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Off Market | $188,000 | -- | -- |
| 11/09/2021 11/09/21 | Sold | $188,000 | -2.6% | $112 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 08/27/2021 08/27/21 | For Sale | $193,000 | -- | $115 / Sq Ft |
Source: IRES MLS
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 | $421 | $9,210 | $0 | $0 |
| 2023 | $421 | $9,210 | $0 | $0 |
| 2022 | $600 | $7,120 | $1,470 | $5,650 |
| 2021 | $370 | $4,620 | $1,540 | $3,080 |
| 2020 | $442 | $10,520 | $1,450 | $9,070 |
| 2019 | $441 | $10,440 | $1,440 | $9,000 |
| 2018 | $337 | $3,980 | $830 | $3,150 |
| 2017 | $332 | $19,330 | $4,030 | $15,300 |
| 2015 | $460 | $22,430 | $3,720 | $18,710 |
| 2014 | $460 | $23,290 | $3,720 | $19,570 |
| 2013 | $460 | $23,290 | $3,720 | $19,570 |
Source: Public Records
Agents Affiliated with this Home
-
Michele Owen
-
Tyson Letlow
Buyer's Agent in 2021
Tyson Letlow
HomeSmart Realty Partners Lvld
(970) 819-6461
36 Total Sales
Map
Source: IRES MLS
MLS Number: 949809
APN: 38052532120010
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