NOT LISTED FOR SALE

503 Elm St Gilcrest, CO 80623

Estimated Value: $361,000 - $410,000

0.69 Acre
$560,599 Price per Acre
30,013 Sq Ft Lot

Sale Details

Date Sold: January 7, 2022

Last sale price $120,000 $34 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $2,140 / mo

59 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot

About This Lot

As of January 2022

Rare R-3 zoning that allows up to 9 units. There is already one (1) 3/4" tap on the property and one (1) sewer tap in place. Electric is to the lot.

Last Agent to Sell the Property

Mary Jo Brockshus

RE/MAX Comm. Alliance-Greeley License #100014385 Listed on: 08/24/2021

RE/MAX Comm. Alliance-Greeley

Last Buyer's Agent

Mary Jo Brockshus

RE/MAX Comm. Alliance-Greeley License #100014385 Listed on: 08/24/2021

RE/MAX Comm. Alliance-Greeley

Property Details

Property Type

  • Land

Lot Details

  • 30,013 Sq Ft Lot
  • Level Lot
  • Property is zoned R3

Property Views

  • City Views

Schools

  • Gilcrest Elementary School
  • South Valley Middle School
  • Valley High School

Listing and Financial Details

  • Assessor Parcel Number R6786679

Community Details

Overview

  • No Home Owners Association
  • Gilcrest Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.69 Acres

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.69
  • Road Frontage Type: City Street
  • Subdivision Name: Gilcrest
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Level
  • View: City
  • Waterfront: No
  • Exterior Features: Lighting

Utilities

  • Sewer: City Sewer
  • Water Source: District Water, City of Gilcrest

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Gilcrest,Other
  • HighSchool: Valley
  • Junior High Dist: Weld County RE-1
  • Middle Or Junior School: South Valley

Lot Info

  • Zoning: R3
  • Lot Size Sq Ft: 30013
  • Parcel #: R6786679
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1919.48

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2025
Sold by
Cmh Homes Inc
Bought by
Marrero Francis Arroyo
Current Estimated Value
$386,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,202
Outstanding Balance
$365,879
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$20,934

Purchase Details

Listed on
Aug 24, 2021
Closed on
Dec 6, 2021
Sold by
Hernandez John and Sanchez Helen
Bought by
Cmh Homes Inc
Seller's Agent
Mary Jo Brockshus
RE/MAX Comm. Alliance-Greeley
Buyer's Agent
Mary Jo Brockshus
RE/MAX Comm. Alliance-Greeley
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Marrero Francis Arroyo $375,000 None Listed On Document
Cmh Homes Inc $120,000 New Title Company Name
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Marrero Francis Arroyo $368,202
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2022 04/17/22 Off Market $120,000 -- --
01/07/2022 01/07/22 Sold $120,000 0.0% $34 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $120,000 -- $34 / Sq Ft
Source: IRES MLS

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 $568 $26,970 $1,560 $25,410
2024 $568 $26,970 $1,560 $25,410
2023 $518 $6,980 $6,980 $0
2022 $104 $1,290 $1,290 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE949320

IRES MLS

APN: R8976153

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