$65,000
SOLD MAR 13, 2025

503 S 4th St Lamar, CO 81052

10 Beds
9 Baths
5,637 Sq Ft
0.35 Acres

Recently Sold

$12 Per Sq Ft

52% Below List Price

Highlights

  • 0.35 Acre Lot
  • No HOA
  • Fireplace
  • Ranch Style House
  • Wood Frame Window
  • Front Porch

About This Home

As of March 2025

Four different buildings. Two houses and two cottages. Appliances are included but they have not been tested in a long while. Amazing rental opportunity. Eight Units in total. Bring your hammers and fix this baby up!!!

Last Agent to Sell the Property

Marcia Reiley

Coberley Realty Brokerage Email: 7199313400, ginger.coberleyrealty@gmail.com License #FA100068505 Listed on: 02/14/2025

Last Buyer's Agent

Ginger Coberley

Coberley Realty License #FA100081367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $145

Year Built

  • Built in 1893

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 105 x 145
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,637 Sq Ft Home
  • Fireplace
  • Wood Frame Window
  • Basement Fills Entire Space Under The House
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Open Parking

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Front Porch
  • Ground Level

Listing and Financial Details

  • Exclusions: Seller's Personal Property.
  • The owner pays for water, sewer, trash collection

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Lamar Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$145

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Attribution Contact: 7199313400, ginger.coberleyrealty@gmail.com
  • Directions: Traveling down Main St. turn East onto East Pearl St. then turn North onto S 4th St. This property is located halfway down the block on the East side of the street.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.35
  • Lot Size: 105 x 145
  • Road Surface Type: Paved
  • Subdivision Name: Lamar
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Upper & Lower, Other-See Remarks
  • Year Built: 1893
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: B
  • NAV29_Unit_3_Level: M
  • NAV29_Unit_4_Level: B
  • NAV29_Unit_5_Level: M
  • NAV29_Unit_6_Level: M
  • NAV29_Unit_7_Level: M
  • NAV29_Unit_8_Level: M
  • NAV29_Sep_Gas_Meters: No
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Appliances: No
  • NAV29_Unit_2_Appliances: No
  • NAV29_Unit_3_Appliances: No
  • NAV29_Unit_4_Appliances: No
  • 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

Interior Features

  • Appliances: Other-See Remarks
  • Interior Amenities: None
  • Has Basement: Full
  • Private Spa: No
  • Owner Pays: Water, Sewer, Trash Collection
  • Total Bedrooms: 10
  • Fireplace Features: Fireplace(s)-Some
  • Fireplace: Yes
  • Window Features: Wood Frames

Exterior Features

  • Exclusions: Seller's Personal Property.
  • Roof: Composition
  • Lot Features: Trees-Rear, Trees-Front
  • Disclosures: 1
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Porch-Open-Front

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, On Street

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: No Laundry Facilities On Site
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: ATMOS

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: RE-2

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 15246
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 8
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 145.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2025
Closed on
Mar 13, 2025
Sold by
Miramontes Armando and Miramontes Mercy
Bought by
White Jacob N
Seller's Agent
Marcia Reiley
Coberley Realty
Buyer's Agent
Ginger Coberley
Coberley Realty
List Price
$135,000
Sold Price
$65,000
Premium/Discount to List
-$70,000
-51.85%
Views
13
Current Estimated Value
$106,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,314
Avg. Annual Appreciation
219.07%
Original Mortgage
$65,000
Outstanding Balance
$61,351
Interest Rate
6.95%
Mortgage Type
Construction
Estimated Equity
$45,698

Purchase Details

Closed on
Dec 10, 1992
Sold by
Searl Alleta
Bought by
Miramontes Armando
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 Type Sale Price Title Company
Special Warranty Deed $65,000 None Listed On Document
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $65,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $65,000 -51.9% $12 / Sq Ft
02/14/2025 02/14/25 For Sale $135,000 -- $24 / 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 $73 $0 $0 $0
2023 $73 $10,906 $2,485 $8,421
2022 $123 $10,906 $2,485 $8,421
2021 $126 $2,023 $396 $1,627
2020 $265 $4,294 $396 $3,898
2019 $266 $3,857 $355 $3,502
2018 $122 $1,764 $484 $1,280
2017 $115 $1,764 $484 $1,280
2016 $129 $1,974 $535 $1,439
2015 $129 $1,974 $535 $1,439
2014 $143 $2,192 $535 $1,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 230123

Pueblo Association of REALTORS®

APN: 2360-52-020