NOT LISTED FOR SALE

Estimated Value: $611,000 - $747,848

4 Beds
3 Baths
-- Sq Ft
0.26 Acres

Last Sold October 31, 2019

Last sale price $520,000

Est. 35% increase in value since last sale

Current estimated payment $4,164/month

200 Days on Market

Highlights

  • City View
  • No HOA
  • Heating Available
  • Erie Elementary School Rated A
  • West Facing Home
  • 4-minute walk to Coal Creek Park

About This Home

As of October 2019

Here is your chance to come in the ground level of rebuilding a downtown area that is growing in leaps in bound by building onto the building or scrape to place a new building w/large lot for parking. 425 new paint,flooring 2 bd 1 full bt. Living room & fireplace,large kitchen,1 attach garage. Gas Furnace in the garage. Unit 425 1/2 is a 1 bd 3/4 bt living room/kitchen. Heat w/Electric baseboard. 427 2 bd 1 bt w/kitchen. Wall gas heater. 3 water heaters. Washer/Dryer, New Roof

Last Agent to Sell the Property

Terri Juvan-Hubert

Integrity Realty Mgmnt, LLC Listed on: 02/19/2019

Last Buyer's Agent

Antonio Martinez

Stellar Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,259

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Chain Link Fence
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • City Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Erie Elementary And Middle School
  • Erie High School

Additional Features

  • Exterior Lighting
  • Mineral Rights Excluded
  • Heating Available

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number R5760286

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Down Town Subdivision

Building Details

  • Gross Income $40,740
  • Net Operating Income $33,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,259

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Down Town
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Mineral Rights Excluded
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, X-Cel
  • Heating: 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, Town of Erie
  • Gas Company: Natural Gas, X-Cel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Erie
  • HighSchool: Erie
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Erie

Lot Info

  • Zoning: Residentia
  • Lot Size Sq Ft: 11250
  • Parcel #: R5760286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2259

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40740
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 7487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Oligschlaeger Elayne J
Bought by
Elayne J Oligschlaeger Revocable Trust
Current Estimated Value
$702,712

Purchase Details

Listed on
Feb 19, 2019
Closed on
Oct 31, 2019
Sold by
Ehrmantraut David A
Bought by
Oligschlaeger Elayne J
Seller's Agent
Terri Juvan-Hubert
Integrity Realty Mgmnt, LLC
Buyer's Agent
Antonio Martinez
Stellar Properties, LLC
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$390,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Bachelder Deborah and Bachelder George W
Bought by
Ehrmantraut David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1996
Sold by
Deborah Bachelder
Bought by
Bachelder Deborah and Bachelder George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1993
Sold by
Babcock Margaret Carlene
Bought by
Bachelder Deborah

Purchase Details

Closed on
May 8, 1993

Purchase Details

Closed on
Nov 3, 1990
Sold by
Trembath W K
Bought by
Evans Michael Arnold

Purchase Details

Closed on
Jan 2, 1987
Source: Public Records

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
Elayne J Oligschlaeger Revocable Trust -- None Listed On Document
Oligschlaeger Elayne J $520,000 Chicago Title
Ehrmantraut David A $305,000 Land Title Guarantee Company
Bachelder Deborah -- --
Bachelder Deborah $70,000 --
-- -- --
Evans Michael Arnold $55,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raisa Funding I Llc $0
Previous Owner Oligschlaeger Elayne J $390,000
Previous Owner Ehrmantraut David A $238,000
Previous Owner Ehrmantraut David A $244,000
Previous Owner Bachelder Deborah $112,750
Previous Owner Bachelder Deborah $116,000
Previous Owner Bachelder Deborah $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2020 01/29/20 Off Market $520,000 -- --
10/31/2019 10/31/19 Sold $520,000 0.0% --
10/30/2019 10/30/19 Off Market $520,000 -- --
09/07/2019 09/07/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $550,000 0.0% --
07/23/2019 07/23/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $550,000 -11.1% --
04/02/2019 04/02/19 Price Changed $619,000 -4.8% --
02/19/2019 02/19/19 For Sale $650,000 -- --
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
2025 $4,380 $43,550 $10,550 $33,000
2024 $4,380 $43,550 $10,550 $33,000
2023 $4,222 $45,080 $11,420 $33,660
2022 $3,575 $33,180 $9,180 $24,000
2021 $3,732 $34,890 $9,650 $25,240
2020 $3,335 $31,400 $7,240 $24,160
2019 $3,366 $31,400 $7,240 $24,160
2018 $2,324 $21,720 $3,240 $18,480
2017 $2,259 $21,720 $3,240 $18,480
2016 $1,844 $17,510 $3,360 $14,150
2015 $1,789 $17,510 $3,360 $14,150
2014 $1,634 $15,890 $3,360 $12,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 872855

IRES MLS

APN: R5760286