
511 N Petroleum Ave Florence, CO 81226
Highlights
- Open Floorplan
- Wood Flooring
- Private Yard
- Pasture Views
- Butcher Block Countertops
- No HOA
About This Home
As of June 2025Back on the market through no fault of the seller. Great first time buyer starter home. This adorable 792 square foot cottage has recently been partially renovated. Built in 1900 it is charming and cozy. It comes with all appliances and has designer touches with turn of the century charm. Nestled in the heart of Florence, CO it is blocks from the Arkansas River, the town park with a swimming pool and play ground, main street with antique shops, coffee and cafe's, grocery store and library. Sitting on a large lot it has a studio (needs TLC to make it your own) a small garage and a larger storage unit. Fully fenced. New paint both inside and out, new and old flooring for that old world charm. It is on town water. Electric baseboard heat. Chandeliers. A sweet new beginning. It has passed an inspection and an FHA Appraisal inspectiion for $195K. This old home will need some upgrades to make it more modern if that is how you want it. New tankless water heater.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Email: joseph.schriner@exprealty.com,720-291-1502 License #100085463 Listed on: 02/06/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $393
Year Built
- Built in 1900 | Remodeled
Lot Details
- 8,832 Sq Ft Lot
- Property is Fully Fenced
- Private Yard
- Garden
- Property is zoned RE2
Parking
- 1 Car Garage
Property Views
- Pasture
- Mountain
Home Design
- Cottage
- Bungalow
- Block Foundation
- Slab Foundation
- Frame Construction
- Metal Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 792 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished or left unfurnished upon request
- Ceiling Fan
- Window Treatments
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Butcher Block Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Fremont Elementary And Middle School
- Florence High School
Utilities
- No Cooling
- Baseboard Heating
- 220 Volts
- Tankless Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Covered patio or porch
- Ground Level
Community Details
- No Home Owners Association
- Homestead Park Add Subdivision
Listing and Financial Details
- Exclusions: Personal property (can be negotiated if interested)
- Assessor Parcel Number 61007890
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in Florence, CO
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $185,000 | Fidelity National Title | |
Warranty Deed | $90,000 | Fidelity National Title | |
Deed | -- | None Listed On Document | |
Deed | -- | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $7,265 | FHA | |
Open | $181,649 | FHA | |
Closed | $0 | Purchase Money Mortgage |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2025 06/20/25 | Sold | $185,000 | -2.6% | $234 / Sq Ft |
02/06/2025 02/06/25 | For Sale | $190,000 | -18.2% | $240 / Sq Ft |
01/23/2025 01/23/25 | Sold | $232,168 | +3.4% | $138 / Sq Ft |
10/26/2024 10/26/24 | Pending | -- | -- | -- |
10/20/2024 10/20/24 | Price Changed | $224,500 | -25.1% | $134 / Sq Ft |
07/10/2024 07/10/24 | Price Changed | $299,900 | +233.2% | $179 / Sq Ft |
06/25/2024 06/25/24 | Sold | $90,000 | -72.3% | $114 / Sq Ft |
05/22/2024 05/22/24 | Pending | -- | -- | -- |
05/22/2024 05/22/24 | Price Changed | $325,000 | +261.1% | $193 / Sq Ft |
05/22/2024 05/22/24 | For Sale | $90,000 | -78.8% | $114 / Sq Ft |
05/13/2024 05/13/24 | For Sale | $425,000 | -- | $253 / Sq Ft |
Tax History Compared to Growth
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 | $393 | $8,611 | $0 | $0 |
2023 | $393 | $4,926 | $0 | $0 |
2022 | $579 | $7,318 | $0 | $0 |
2021 | $587 | $7,528 | $0 | $0 |
2020 | $372 | $5,504 | $0 | $0 |
2019 | $375 | $5,504 | $0 | $0 |
2018 | $297 | $4,406 | $0 | $0 |
2017 | $300 | $4,406 | $0 | $0 |
2016 | $232 | $3,410 | $0 | $0 |
2015 | $237 | $3,510 | $0 | $0 |
2012 | $349 | $4,706 | $1,123 | $3,583 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Joseph Schriner
eXp Realty, LLC
(720) 291-1502
1 in this area
14 Total Sales
-
S
Seller's Agent in 2025
Sharon (Shari) Hall
Fathom Realty Colorado LLC
(719) 322-3739
2 in this area
40 Total Sales
-
C
Buyer's Agent in 2025
Charles Tomlinson
Coldwell Banker Realty BK
(719) 629-6155
1 in this area
19 Total Sales
-
N
Buyer's Agent in 2025
Non Member
Non Member
Map
Source: REcolorado®
MLS Number: 6743420

APN: 000061007890