$127,515

515 Lake St Rangely, CO 81648

Estimated payment $695/month

Total Views 1,536
2 Beds
1 Bath
1,164 Sq Ft
$110 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Picket Fence
  • Mature Trees
  • Mud Room
  • Eat-In Kitchen

About This Home

Charming and full of character, this adorable home sits right in the center of Rangely on a spacious 0.18-acre fully fenced lot. Local history suggests this may have been one of the earliest homes built in Rangely, giving it a unique story and timeless appeal. Inside, the home offers a great functional floor plan with 2 bedrooms, 1 bathroom, and multiple flexible living spaces. The large living room with bay window provides plenty of natural light, while the central flex room can easily serve as a second living area, dining room, office, or hobby space. The spacious kitchen has been nicely updated and features all newer appliances, offering plenty of cabinetry and workspace. The home also includes a convenient mud room entry, a large bathroom, and two comfortable bedrooms, each with sliding glass doors providing direct access to the outdoors. Many of the major updates have already been completed, including fresh interior and exterior paint (2024), new roof (2022), new gutters (2023), new appliances, new water heater, and a new water main meter. The home also includes fiber internet availability, a security system, a wall air conditioning unit, and mixed heating with a wall heater for the main living space and electric heat in the bedrooms. Outside, the property truly shines. The large fenced yard is a peaceful retreat filled with mature trees, fruit trees, and seasonal wildflowers, creating a beautiful outdoor setting throughout the year. A large storage shed provides additional space for tools, equipment, or hobbies. The home is in remarkably solid condition for its 1920 construction. Some cosmetic updates such as new flooring or personal touches could easily transform the space while preserving its classic character. If you're looking for a home with charm, history, and potential, this property is a wonderful opportunity—and one of the most affordable character homes available in Rio Blanco County!!!

Listing Agent

Joe Reed

THE JOE REED TEAM License #FA40042595 Listed on: 03/06/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $377

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Picket Fence
  • Property is Fully Fenced
  • Privacy Fence
  • Chain Link Fence
  • Xeriscape Landscape
  • Mature Trees

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 1,164 Sq Ft Home
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Rangely Elementary And Middle School
  • Rangley High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1393-012-06-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$377

Year Built

Built in 1920

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Estimated Main Sq Ft: 1164
  • Bathroom Level: M-Main Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 11 x 12
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 11 x 14
  • Dining Rm Type: Casual
  • Elevation: 5298
  • Exterior Features: Rv Parking, Shed
  • Fronts: W
  • Gas Company: Rangely
  • Heating Type: Electric, Forced Air
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Laundry Rm Location: Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 7 x 14
  • Living Rm Lvl: Main
  • Living Rm Size: 11 x 15
  • Lot Dimensions: Lengthy
  • Lvt Date: 03/07/2026
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 12 x 14
  • Bedrooms: 2
  • Other Rm1 Lvl: Main
  • Other Rm1 Name: Mud Room
  • Other Rm1 Size: 6 x 7
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Rangely
  • Street Desc Access: City/Town, Paved
  • Style: Ranch
  • Taxes: 376.56
  • Tax Year: 2025
  • Total Acres: 0.18
  • Total Apx Sq Ft: 1164
  • Type: Single Family
  • Water: City Water
  • Zoning: Res
  • Display On Internet: Yes
  • Year Built: 1920
  • Directions: Main Street to Steele Street, DO NOT turn on Lake Street. Go past the small bend and turn into the back of the lot OFF OF Steele Street! YOU CAN'T ACCESS THE PROPERTY FROM LAKE STREET!!!!!!!!!!!!!!!!!!!
  • Subdivision Name: N/A
  • Estimated Year Remodeled: 2025
  • AdditionalLivingSpace: Mud Room
  • Financials Assumable Mortgage: No
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2025

Interior Features

  • Kitchen Size: 9 x 17
  • Bathroom Description: Full
  • Appliances: Dryer, Electric Range Oven, Refrigerator, Washer
  • Basement Foundation: Slab
  • Eating Space: Yes
  • Floor: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s)
  • Bathrooms: 1
  • Bathroom Description: Full Bath

Exterior Features

  • Fence: Chain Link, Full, Picket, Privacy
  • Landscaping: Xeriscape, Mature Trees
  • Exterior Siding: Masonite
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Window Unit(s)
  • Electric Company: Moon Lake
  • Water Company: Rangely

Schools

  • Elementary School: Rangely
  • High School: Rangley

Lot Info

  • Lot Description: 100' - 150' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 1393-012-06-053
  • Geo Subdivision: CO

MLS Schools

  • Middle School: Rangely

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $390 $1,000 $110 $890
2023 $84 $1,000 $110 $890
2022 $103 $2,820 $400 $2,420
2021 $136 $3,720 $530 $3,190
2020 $138 $3,880 $550 $3,330
2019 $255 $3,810 $550 $3,260
2018 $134 $4,290 $570 $3,720
2017 $150 $4,290 $570 $3,720
2016 $159 $4,760 $590 $4,170
2015 -- $4,760 $0 $0
2014 -- $4,780 $0 $0
2013 $26 $4,780 $0 $0
2012 $26 $4,670 $590 $4,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 For Sale $127,515 -- $110 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 --
Deed Of Distribution -- None Listed On Document
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $58,913 FHA
Source: Public Records

About the Listing Agent

Joe Reed

THE JOE REED TEAM

(970) 394-1679

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We are focused on providing you with the best results and service in the industry. We listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, we have the expertise, proven track record and resources to help you achieve your real estate goals.

As a pace-setting real estate agent in the valley and throughout western Colorado for the past eight years, Joe's commitment to

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Source: Grand Junction Area REALTOR® Association

MLS Number: 20261022

Grand Junction Area REALTOR® Association

APN: R102952

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