NOT LISTED FOR SALE

503 River St Platteville, CO 80651

Estimated Value: $343,000 - $417,000

4 Beds
2 Baths
1,608 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $350,000 $218 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,150/month

1 Day on Market

Highlights

  • No HOA
  • No Interior Steps
  • Forced Air Heating System
  • Air Conditioning
  • Outdoor Storage
  • Chain Link Fence

About This Home

As of August 2023

Attention Investors. Here is an opportunity to own a full duplex (both sides). Each unit is 804 sq feet with 2 bedrooms, 1 bathroom, fenced yard and driveway parking. Unit A has been remodeled in the last few years featuring newer paint, newer carpet in living room, hallway and bedrooms. Kitchen and bathroom has newer laminate wood flooring. Unfortunately, we do not have pictures of this unit yet. Unit A currently rents for $1250. Unit B (pictured) needs a little TLC such as new flooring and paint. Unit B has never been rented. Property is being sold as-is.

Last Agent to Sell the Property

Christina L Koder

RE/MAX Alliance-Greeley Listed on: 07/20/2023

RE/MAX Alliance-Greeley

Last Buyer's Agent

Miriam Herbert

Herbert Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1971

Lot Details

  • 6,699 Sq Ft Lot
  • Chain Link Fence
  • Level Lot

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Parking

  • Alley Access
  • Driveway Level

Accessible Home Design

  • No Interior Steps
  • Accessible Approach with Ramp

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Pete Mirich Elementary School
  • South Valley Middle School
  • Valley High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas
  • Assessor Parcel Number R4887286

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Platteville Town Subdivision

Building Details

  • Gross Income $2,548
  • Net Operating Income $1,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,217

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Platteville Town
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1608
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Accessible Approach with Ramp, Level Lot, Level Drive, No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Waterfront: No
  • Construction Type: Wood/Frame, Composition Siding
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Platteville
  • Gas Company: Natural Gas, Atmos

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: Pete Mirich
  • HighSchool: Valley
  • Junior High Dist: Weld County RE-1
  • Middle Or Junior School: South Valley

Lot Info

  • Zoning: Duplex
  • Lot Size Sq Ft: 6699
  • Parcel #: R4887286
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1217

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 2548
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 1217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Estrada Garcia Francisco
Bought by
Estrada Garcia And Molina Arana Living Trust
Current Estimated Value
$375,982

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 9, 2023
Sold by
Hagans Eugene Benjamin
Bought by
Hagans Levi
Seller's Agent
Christina L Koder
RE/MAX Alliance-Greeley
Buyer's Agent
Miriam Herbert
Herbert Realty
List Price
$350,000
Sold Price
$350,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 8, 2023
Sold by
Cody Joy Lynn
Bought by
Cody William F
Seller's Agent
Christina L Koder
RE/MAX Alliance-Greeley
Buyer's Agent
Miriam Herbert
Herbert Realty
List Price
$350,000
Sold Price
$350,000
Views
5

Purchase Details

Closed on
Jun 20, 1997
Sold by
Special Hildur M
Bought by
Cody Joy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,742
Interest Rate
7.93%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 1997
Sold by
Special Hildur Marie
Bought by
Cody Joy Lynn

Purchase Details

Closed on
Sep 28, 1988
Sold by
Strauch George P
Bought by
Cody Joy Lynn

Purchase Details

Closed on
Apr 2, 1986
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
Estrada Garcia And Molina Arana Living Trust -- None Listed On Document
Hagans Levi -- None Listed On Document
Cody William F $350,000 First American Title
Cody Joy Lynn -- Land Title
Cody Joy Lynn -- --
Cody Joy Lynn $57,000 --
-- -- --
Cody Joy Lynn $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cody Joy Lynn $184,850
Previous Owner Cody Joy Lynn $150,000
Previous Owner Cody Joy Lynn $134,000
Previous Owner Cody Joy Lynn $114,000
Previous Owner Cody Joy Lynn $89,125
Previous Owner Cody Joy Lynn $105,000
Previous Owner Cody Joy Lynn $6,441
Previous Owner Cody Joy Lynn $64,000
Previous Owner Cody Joy Lynn $54,742
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $350,000 0.0% $218 / Sq Ft
07/20/2023 07/20/23 For Sale $350,000 -- $218 / Sq Ft
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 $1,262 $21,690 $4,750 $16,940
2024 $1,262 $21,690 $4,750 $16,940
2023 $736 $23,340 $4,870 $18,470
2022 $1,217 $25,720 $3,740 $21,980
2021 $1,325 $27,040 $3,930 $23,110
2020 $837 $20,460 $2,150 $18,310
2019 $1,332 $20,460 $2,150 $18,310
2018 $908 $13,300 $1,800 $11,500
2017 $860 $13,300 $1,800 $11,500
2016 $604 $9,700 $1,590 $8,110
2015 $532 $9,700 $1,590 $8,110
2014 $370 $6,810 $2,070 $4,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 992657

IRES MLS

APN: R4887286