NOT LISTED FOR SALE

521 Palmer St Salida, CO 81201

Estimated Value: $1,090,000 - $1,306,000

5 Beds
4 Baths
3,065 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,000,000 $326 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,444/month

177 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Longfellow Elementary School Rated 9+
  • Open Floorplan
  • 4-minute walk to Chisholm Park

About This Home

As of June 2023

Garage apartment currently produces $15,600 in annual income for homeowner. Contemporary in style this luxury home sits right in Salida township where it is rare to find newer construction. 4 bedrooms and 3 full bathrooms in 2400 sqft. make up the main house while a 676 sq. ft. ADU sits above the oversized detached 2 car garage. a private, completely fenced in yard, with covered back patio creates useable outdoor space. Built in 2020, construction upgrades include ICF foundation, spray foam insulation, and fiberglass Anderson windows. This home was built to be high quality and low maintenance. All of the completely custom cabinetry is solid walnut and Amish made. The kitchen features a trash compactor, double wall oven and huge walk in pantry with space for a freezer. Every room is spacious with large windows and well-designed closet space. One bedroom on the main floor could double as an office and connects to the main floor bathroom. Upstairs has two regular bedrooms and a bathroom, with the third bedroom as the primary suite with ensuite tub, shower, and double sinks connecting to a bright open walk in closet. Other upgrades include ceiling fans in every room, solid interior doors, in-floor radiant heat, water softener, electric vehicle charging in the garage, and premium steel siding that will never rot or need painting. Low maintenance landscaping with mature trees on the lot (another plus you won’t find with most new construction) round out the exterior features.

Apartment entrance is in the alley and is completely private from the primary residence including its own washer and dryer in unit. It is currently being rented out at $1300 month to month. The main house and apartment combined totals 5 bedrooms, 4 bathrooms and 3065 sqft. Motivated seller/Bring all offers.

Last Agent to Sell the Property

Jessica Chariton

HomeSmart Preferred Realty License #100077228 Listed on: 11/07/2022

HomeSmart Preferred Realty

Last Buyer's Agent

Barbara Pearson-Sawyer

Century 21 Community First License #40019969

Century 21 Community First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 5,227 Sq Ft Lot
  • Year Round Access
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Insulated Garage
  • Exterior Access Door
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Insulated Concrete Forms

Interior Spaces

  • 3,065 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Approach with Ramp

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Smoke Free Home

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Longfellow Elementary School
  • Salida Middle School
  • Salida High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Radiant Heating System
  • 220 Volts in Garage
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Assessor Parcel Number R380705411004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Structure Type: House
  • Levels: Two
  • Building Name: N/A
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 2389
  • Accessibility Features: Accessible Approach with Ramp
  • Exclusions: Sellers Personal Property
  • Living Area: 3065
  • Property Condition: New Construction
  • Directions: From Highway 50 turn north onto Palmer and home will be on the right.
  • SubdivisionName: Unknown
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2022-11-07
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.78431
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Oven, Range Hood, Trash Compactor
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat, Smoke Free, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 4
  • Common Walls: No Common Walls
  • Basement: Finished
  • Basement: No
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Shingle
  • Construction Materials: Frame, ICFs (Insulated Concrete Forms)
  • Exterior Features: Garden, Lighting, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: 220 Volts, Concrete, Gravel, Electric Vehicle Charging Station(s), Exterior Access Door, Finished Garage, Heated Garage, Insulated Garage
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Radiant, Radiant Floor
  • Water Source: Public
  • Laundry Features: Sink, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Parcel Number: R380705411004
  • Lot Size Acres: 0.12
  • Fencing: Full
  • Building Area Total: 3065
  • Lot Features: Landscaped, Level
  • Lot Size Sq Ft: 5227.2

Green Features

  • Green Energy Efficient: Appliances, Construction, HVAC, Windows

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1245.72

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jun 5, 2023
Sold by
Bunting Eric Shaun
Bought by
Bartels Josef Jesse and Porter Sarah Marie
Seller's Agent
Jessica Chariton
HomeSmart Preferred Realty
Buyer's Agent
Barbara Pearson-Sawyer
Century 21 Community First
List Price
$1,275,000
Sold Price
$1,000,000
Premium/Discount to List
-$275,000
-21.57%
Current Estimated Value
$1,166,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,580
Avg. Annual Appreciation
6.84%
Original Mortgage
$800,000
Outstanding Balance
$778,608
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$387,972
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
Bartels Josef Jesse $1,000,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartels Josef Jesse $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $1,000,000 -9.1% $326 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/05/2023 04/05/23 Price Changed $1,100,000 -10.5% $359 / Sq Ft
02/20/2023 02/20/23 Price Changed $1,229,000 -0.8% $401 / Sq Ft
01/20/2023 01/20/23 Price Changed $1,239,000 -0.8% $404 / Sq Ft
01/05/2023 01/05/23 Price Changed $1,249,000 -0.9% $408 / Sq Ft
12/02/2022 12/02/22 Price Changed $1,260,000 -1.2% $411 / Sq Ft
11/07/2022 11/07/22 For Sale $1,275,000 -- $416 / Sq Ft
Source: REcolorado®

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 $3,106 $68,940 $7,170 $61,770
2023 $3,004 $68,940 $7,170 $61,770
2022 $2,265 $47,500 $4,220 $43,280
2021 $1,246 $26,800 $4,340 $22,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2683199

REcolorado®

APN: R380705411004