NOT LISTED FOR SALE

488 E Ave Limon, CO 80828

Estimated Value: $90,158 - $154,000

2 Beds
1 Bath
892 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $65,000 $73 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $712/month

4 Days on Market

Highlights

  • City View
  • No HOA
  • Living Room
  • Wood Flooring
  • Cottage
  • Laundry Room

About This Home

As of September 2023

In the heart of a great neighborhood, this prime location backs up to the town park and the new swimming pool complex, within easy walking distance to downtown shopping, library, museums, and school. This vintage home is the perfect fixer upper for someone with a vision and ambition. At this price point, a little elbow grease, a few gallons of paint, and new flooring will turn this property into a profitable investment or an affordable home. Located in the heart of Eastern Colorado at Limon, small town hospitality abounds. Located just over an hour from Denver and Colorado Springs commuting is convenient. Call today to set up a tour or to get answers to your questions.

Last Agent to Sell the Property

Donna Metcalf

Rural American Realty License #100088547 Listed on: 08/11/2023

Co-Listed By

Tami Witt

Rural American Realty License #100028807

Last Buyer's Agent

Kristi Montoya

Kristi Montoya License #100033055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $555

Year Built

  • Built in 1913

Lot Details

  • 8,378 Sq Ft Lot
  • West Facing Home
  • Property is zoned Residential 1

Parking

  • 2 Parking Spaces

Home Design

  • Cottage
  • Fixer Upper
  • Frame Construction
  • Architectural Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Wood Flooring
  • City Views
  • Basement Cellar

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Schools

  • Limon Elementary And Middle School
  • Limon High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Meehans Addition Subdivision

Listing and Financial Details

  • Exclusions: All appliances present on property are sold with property.
  • Assessor Parcel Number 258517312015

Home Details

Home Type

Single Family

Est. Annual Taxes

$555

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Structure Type: House
  • Levels: One
  • Year Built: 1913
  • Above Grade Finished Sq Ft: 892
  • Exclusions: All appliances present on property are sold with property.
  • Living Area: 892
  • Property Condition: Fixer
  • Directions: Main Street to E Avenue, North to destination on right.
  • SubdivisionName: Meehans Addition
  • Co List Office Mls Id: RECRURAL
  • Co List Office Phone: (719) 651-0515
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Water Heater, Refrigerator
  • Flooring: Wood
  • Full Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Cellar
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: West
  • Foundation Details: Concrete Perimeter
  • Roof: Architecural Shingle
  • Construction Materials: Block, Frame, Stucco
  • View: City
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 220 Volts
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Limon

Lot Info

  • Horses: No
  • Parcel Number: 258517312015
  • Lot Size Acres: 0.19
  • Fencing: None
  • Building Area Total: 892
  • Lot Size Sq Ft: 8378
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 555

MLS Schools

  • Elementary School: Limon
  • High School: Limon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 7, 2023
Sold by
Monks Jerry L and Monks Carole J
Bought by
Montoya Levi Thomas
Seller's Agent
Donna Metcalf
Rural American Realty
Buyer's Agent
Kristi Montoya
Kristi Montoya
List Price
$65,000
Sold Price
$65,000
Views
67
Current Estimated Value
$126,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,540
Avg. Annual Appreciation
16.42%

Purchase Details

Closed on
Jan 13, 1993
Bought by
Monks Jerry L and Monks Carole J
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
Montoya Levi Thomas $65,000 None Listed On Document
Monks Jerry L $16,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $65,000 0.0% $73 / Sq Ft
08/11/2023 08/11/23 For Sale $65,000 -- $73 / Sq Ft
Source: REcolorado®

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 $330 $3,467 $814 $2,653
2023 $330 $3,274 $383 $2,891
2022 $555 $6,388 $844 $5,544
2021 $569 $6,572 $869 $5,703
2020 $463 $5,308 $845 $4,463
2019 $462 $5,308 $845 $4,463
2018 $314 $3,541 $603 $2,938
2017 $313 $3,541 $603 $2,938
2016 $246 $2,790 $667 $2,123
2015 $232 $2,790 $667 $2,123
2014 $291 $0 $0 $0
2013 $298 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4362344

REcolorado®

APN: 258517312015