NOT LISTED FOR SALE

475 Water St Lake City, CO 81235

Estimated Value: $214,863

2.04 Acres
$105,325 Price per Acre
88,862 Sq Ft Lot

Last Sold September 29, 2023

Last sale price $205,000

Est. 5% increase in value since last sale

Current estimated payment $1,358/month

64 Days on Market

About This Lot

As of September 2023

Introducing an extraordinary opportunity to own a 2.040-acre land parcel in Lake City. This riverfront property boasts stunning views of the surrounding mountains. With its prime location and three flat areas available for building, this lot offers the perfect canvas for constructing a mountain home that perfectly blends with the natural beauty of the area. Whether you envision a cozy cabin or a contemporary mountain retreat, the possibilities are endless. Additionally, the property features a conveniently accessible location for cutting a driveway. The sellers are offering owner financing with 40% down, making this riverfront property even more attainable. Experience the charm of small-town living while still being within easy reach of modern amenities. Enjoy local shops, restaurants, and community events, all within a short distance from your future mountain home.

Last Agent to Sell the Property

Heather Woodward

Berkshire Hathaway HomeServices Today Realty & Associates Listed on: 06/21/2023

Berkshire Hathaway HomeServices Today Realty & Associates

Last Buyer's Agent

Kelsey Loftis

Crystal Peak Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,823

Lot Details

  • 2.04 Acre Lot
  • River Front

Property Views

  • Creek or Stream
  • Mountain

Schools

  • Lake City K-12 Elementary And Middle School
  • Lake City K-12 High School

Utilities

  • Septic System
  • Phone Available

Community Details

  • Lake City Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 450934235016

Property Details

Property Type

Land

Est. Annual Taxes

$2,823

Lot Details

0

Listing Details

  • Class: Land
  • Elevation: 8661
  • Em Holder: Title Company
  • Legal Lot Block: 475 S WATER ST LOT 17 LAKE CITY HEIGHTS SUBD TOWN OF LAKE CITY
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 450934235016
  • Street Descriptionaccess: County
  • Street Designation: Street
  • Tax Account Id: R000491
  • Waterfront Type: River/Stream
  • Domestic Sewer: Septic
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 2.04
  • Current Property Use: Residential Single Family
  • Em Deposit: $5,000
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 122058.82
  • Price per Sq Ft: 2.8
  • Sold Priceacre: 100490.2
  • Access: Year Round
  • Total Taxes Dollar: 2,823.32
  • Prop Description Remarks: Introducing an extraordinary opportunity to own a 2.040-acre land parcel in Lake City. This riverfront property boasts stunning views of the surrounding mountains. With its prime location and three flat areas available for building, this lot offers the perfect canvas for constructing a mountain home that perfectly blends with the natural beauty of the area. Whether you envision a cozy cabin or a contemporary mountain retreat, the possibilities are endless. Additionally, the property features a conveniently accessible location for cutting a driveway. The sellers are offering owner financing with 40% down, making this riverfront property even more attainable. Experience the charm of small-town living while still being within easy reach of modern amenities. Enjoy local shops, restaurants, and community events, all within a short distance from your future mountain home.
  • Subdv Name: Lake City Heights
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Stream/River
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Near, Phone Near
  • Electric Supplier: Gunnison County Electric Association
  • Water Supplier: Well

Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12
  • High School: Lake City K-12
  • High School: Lake City K-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 25, 2023
Sold by
Sullivan Bryan and Sullivan Shera
Bought by
F5 Land Holdings Llc
Seller's Agent
Heather Woodward
Berkshire Hathaway HomeServices Today Realty & Associates
Buyer's Agent
Kelsey Loftis
Crystal Peak Properties
List Price
$269,000
Sold Price
$205,000
Premium/Discount to List
-$64,000
-23.79%
Views
82
Current Estimated Value
$214,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,863
Avg. Annual Appreciation
1.57%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
F5 Land Holdings Llc $205,000 Htc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $205,000 -17.7% --
08/24/2023 08/24/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $249,000 -7.4% --
06/21/2023 06/21/23 For Sale $269,000 +79.9% --
10/21/2021 10/21/21 Sold $149,500 -2.9% --
09/14/2021 09/14/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $154,000 -- --
Source: Colorado Real Estate Network (CREN)

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 $2,553 $41,520 $41,520 $0
2023 $2,565 $41,520 $41,520 $0
2022 $2,823 $46,400 $46,400 $0
2021 $2,773 $46,400 $46,400 $0
2020 $2,652 $46,400 $46,400 $0
2019 $2,645 $46,400 $46,400 $0
2018 $2,682 $46,400 $46,400 $0
2017 $2,530 $46,400 $46,400 $0
2016 $2,528 $46,400 $46,400 $0
2015 $2,148 $46,400 $46,400 $0
2014 $2,148 $39,550 $39,550 $0
2013 $2,045 $39,550 $0 $0
2012 $2,036 $39,550 $39,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Woodward

    Seller's Agent in 2023

    Heather Woodward

    Berkshire Hathaway HomeServices Today Realty & Associates

    (970) 596-1394

    137 Total Sales

    Heather Woodward
    Section Image
  • Kelsey Loftis

    Buyer's Agent in 2023

    Kelsey Loftis

    Crystal Peak Properties

    (970) 784-6768

    82 Total Sales

    Kelsey Loftis
    Section Image
  • Michelle Burns

    Seller's Agent in 2021

    Michelle Burns

    Berkshire Hathaway HomeServices Today Realty & Associates

    (970) 333-0142

    91 Total Sales

    Michelle Burns
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 804936

Colorado Real Estate Network (CREN)

APN: R000491

Colorado Hinsdale County Lake City 81235

475 Water St, Lake City, CO

This home is located at 475 Water St, Lake City, CO 81235 since 21 June 2023 and is currently estimated at $214,863. 475 Water St is a home located in Hinsdale County with nearby schools including Lake City Community School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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