NOT LISTED FOR SALE

501 San Juan Ave La Junta, CO 81050

Estimated Value: $209,000 - $241,000

6 Beds
5 Baths
2,390 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $229,000 $96 Per Sq Ft

Current estimated payment $1,254/month

Highlights

  • Deck
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Lawn
  • 5-minute walk to La Junta City Parks & Rec

About This Home

As of September 2023

Are you looking for a great investment property? Look no further! This property includes 4 rental units. With a stable tenant base you can count on long-term reliable income. The main house is 1350 sq ft. The studio apartment above the detached 2-car garage is 360 sq ft and a side-by-side duplex is 680 sq ft. This property is a great way to generate passive income. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Ryan Moberly

eXp Realty, LLC Brokerage Phone: 8884402724 License #FA100067879 Listed on: 03/09/2023

eXp Realty, LLC

Last Buyer's Agent

Outside Listing Agent Outside Listing Agent

Outside listing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $401

Year Built

  • Built in 1879

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 100 x 70
  • Wood Fence
  • Corner Lot
  • Lawn
  • Property is in good condition

Parking

  • 2 Car Detached Garage

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Frame Construction
  • Composition Roof
  • Rubber Roof
  • Wood Siding
  • Shingle Siding
  • Stucco

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Electric Range
  • No Kitchen Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Cellar

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Stoop

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • La Junta Subdivision

Listing and Financial Details

  • Total Actual Rent $2,575
  • The owner pays for electricity, gas, water, sewer, repairs

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$401

Year Built

Built in 1879

Lot Details

0

Parking

2

Listing Details

  • Attribution Contact: 8884402724
  • Directions: Located on the corner of 5th Street and San Juan Avenue
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.161
  • Lot Size: 100 x 70
  • Road Surface Type: Paved
  • Subdivision Name: La Junta
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Three Buildings
  • Year Built: 1879
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: U
  • NAV29_Unit_3_Level: M
  • NAV29_Unit_4_Level: M
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: Yes
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Good
  • NAV29_Unit_3_Condition: Good
  • NAV29_Unit_4_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator-All, Electric Range-All
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Partial, Unfinished, Storage Only/Cellar
  • Number Of Buildings: 3
  • Private Spa: No
  • Owner Pays: Electricity, Gas, Water, Sewer, Repairs
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Window Features: Single Pane, Double Pane Windows, Storm Window(s)

Exterior Features

  • Roof: Composition, Flat, Rubber
  • Fencing: Wood Fence-Rear
  • Lot Features: Corner Lot, Lawn-Rear, Lawn-Front
  • Disclosures: 1
  • Construction Type: Frame, Brick, Stucco, Wood Siding, Shingle Siding
  • Patio And Porch Features: Deck-Open-Rear, Stoop-Front

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: 2 Car Garage Detached
  • Total Parking Spaces: 2

Utilities

  • Cooling: None, Wall Unit
  • Heating: Natural Gas, Forced Air, Floor Furnace
  • Electric: LaJunta
  • Sewer: Community Sewer
  • Laundry Features: W/D Hookups in Some Units
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Community
  • Gas Company: BlackHill

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: LJ

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 7013.16
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month,12 Months

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 2575
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 400.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Sep 27, 2023
Sold by
Torrez Tara
Bought by
Torrez Tara
Seller's Agent
Ryan Moberly
eXp Realty, LLC
Buyer's Agent
Outside Listing Agent Outside Listing Agent
Outside listing Office
List Price
$270,000
Sold Price
$229,000
Premium/Discount to List
-$41,000
-15.19%
Views
16
Current Estimated Value
$230,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,092
Avg. Annual Appreciation
0.23%
Original Mortgage
$160,300
Outstanding Balance
$157,167
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$72,925

Purchase Details

Listed on
Mar 9, 2023
Closed on
Sep 7, 2023
Sold by
Jmp Holdings Llc
Bought by
Torrez Tara
Seller's Agent
Ryan Moberly
eXp Realty, LLC
Buyer's Agent
Outside Listing Agent Outside Listing Agent
Outside listing Office
List Price
$270,000
Sold Price
$229,000
Premium/Discount to List
-$41,000
-15.19%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Outstanding Balance
$157,167
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$72,925

Purchase Details

Closed on
Jul 16, 2021
Sold by
Nieto Tnaus Christian
Bought by
Jmp Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
2.22%

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 10, 2018
Sold by
Menon Prem V and Menon Cynthia G
Bought by
Nieto Tnaus Christian
Seller's Agent
Jerry Burns
Tri-County Realty
Buyer's Agent
Jerry Burns
Tri-County Realty
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.06%
Original Mortgage
$75,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2017
Closed on
Dec 29, 2017
Sold by
The Freidenberger Family Trust
Bought by
Menon Prem V and Menon Cynthia G
Seller's Agent
Tina Godfrey
RE/MAX Advantage Realty
Buyer's Agent
Jerry Burns
Tri-County Realty
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Original Mortgage
$69,129
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torrez Tara -- None Listed On Document
Torrez Tara $229,000 None Listed On Document
Jmp Holdings Llc $150,000 Assured Title Agency
Nieto Tnaus Christian $100,000 Otero County Title
Menon Prem V $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torrez Tara $160,300
Previous Owner Jmp Holdings Llc $147,500
Previous Owner Nieto Tnaus Christian $75,000
Previous Owner Menon Prem V $69,129
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $229,000 -9.8% $96 / Sq Ft
05/31/2023 05/31/23 Price Changed $254,000 -3.1% $106 / Sq Ft
04/03/2023 04/03/23 Price Changed $262,000 -3.0% $110 / Sq Ft
03/09/2023 03/09/23 For Sale $270,000 +170.0% $113 / Sq Ft
12/13/2018 12/13/18 Sold $100,000 -20.0% $42 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $125,000 +38.9% $52 / Sq Ft
12/29/2017 12/29/17 Sold $90,000 +5.9% $38 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
11/10/2017 11/10/17 For Sale $85,000 -- $36 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $457 $6,942 $263 $6,679
2023 $457 $6,942 $263 $6,679
2022 $401 $5,942 $272 $5,670
2021 $399 $6,152 $280 $5,872
2020 $395 $6,156 $280 $5,876
2019 $400 $6,156 $280 $5,876
2018 $428 $6,605 $282 $6,323
2017 $339 $5,268 $282 $4,986
2016 $415 $6,005 $312 $5,693
2015 $398 $6,005 $312 $5,693
2014 $398 $5,608 $312 $5,296
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pueblo Association of REALTORS®

MLS Number: 210876

Pueblo Association of REALTORS®

APN: 4643-023-36015