NOT LISTED FOR SALE

534 Palmer St Salida, CO 81201

Salida Area

Estimated Value: $576,319 - $642,000

3 Beds
1 Bath
992 Sq Ft
$611/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2024

Last sale price $534,000 $538 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,528 / mo

171 Days on Market

Highlights

  • Ski Accessible
  • Located in a master-planned community
  • 1 Fireplace
  • Longfellow Elementary School Rated 9+
  • Mountain View
  • 4-minute walk to Chisholm Park

About This Home

As of September 2024

Opportunity knocks with this 3-bedroom, 1-bathroom single-family home, a true diamond in the rough! This property is perfect for investors, DIY enthusiasts, or anyone looking to create their dream home from the ground up. This home offers a BRAND SPANKING NEW ROOF by Yeti Roofing-complete with Class 4 shingles and new decking that insures long-lasting protection, ALL NEW INTERIOR PAINT THROUGHOUT by Kevin Noel. This home provides a solid foundation for a variety of living arrangements. While this home needs a minor cosmetic makeover—it's brimming with potential. Let your creativity and vision transform this house into a stunning, personalized living space. With a little TLC, you can customize every aspect of this home to suit your taste and needs. Imagine the possibilities as you redesign the interior to create a modern, comfortable haven. This property is an excellent investment opportunity for those looking to add value through renovation. The true crown jewel of this property is its large lot and high density zoning, offering endless possibilities for future expansion or building. Situated in a convenient location, this home offers easy access to local amenities, schools, shopping, and more. Don't miss out on this incredible opportunity to own a fixer-upper with unlimited potential. Bring your vision and make this house your own. Schedule a showing today and start planning your dream home transformation! Please see our virtual tour.

Last Agent to Sell the Property

Janine Marr

HomeSmart Preferred Realty Brokerage Email: janine@janinemarrsalida.com,719-221-1838 License #100079814 Listed on: 03/15/2024

HomeSmart Preferred Realty

Last Buyer's Agent

Robert Prescott

Worth Clark Realty License #100095022

Worth Clark Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1977

Lot Details

  • 7,975 Sq Ft Lot
  • East Facing Home
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R3/HighDensity/Residentia

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Mountain Views

Kitchen

  • Cooktop
  • Microwave
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Ground Level

Schools

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

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Radiant Heating System
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Sellers personal property
  • Assessor Parcel Number R380705410140

Community Details

Overview

  • No Home Owners Association
  • Located in a master-planned community

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1977

Lot Details

7,975 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 992
  • Entry Location: Ground
  • Exclusions: Sellers personal property
  • Living Area: 992
  • Directions: Coming from the East from Hwy 50 turn right on Palmer, home is on the left. Coming from the West from Hwy 50 turn left on Palmer, home is on the right..
  • SubdivisionName: N/A
  • Ownership: Estate
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.89149
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Laminate Counters, No Stairs
  • Flooring: Carpet, Linoleum
  • Fireplace Features: Pellet Stove
  • Full Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Frame
  • View: Mountain(s)
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Utilities: Electricity Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Radiant
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: 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

  • Horses: No
  • Parcel Number: R380705410140
  • Lot Size Acres: 0.18
  • Fencing: Partial
  • Building Area Total: 992
  • Lot Features: Level, Master Planned, Near Ski Area
  • Lot Size Sq Ft: 7975
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1174

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Sep 27, 2024
Sold by
Young Cecile Larue
Bought by
Seller's Agent
Janine Marr
HomeSmart Preferred Realty
Buyer's Agent
Robert Prescott
Worth Clark Realty
List Price
$599,000
Sold Price
$534,000
Premium/Discount to List
-$65,000
-10.85%
Views
90
Current Estimated Value
$613,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,564
Avg. Annual Appreciation
6.73%
Original Mortgage
$507,300
Outstanding Balance
$497,110
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$109,220
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Salida, CO

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$534,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $507,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $534,000 -1.8% $538 / Sq Ft
08/23/2024 08/23/24 Price Changed $544,000 -0.9% $548 / Sq Ft
06/03/2024 06/03/24 Price Changed $549,000 -2.7% $553 / Sq Ft
05/22/2024 05/22/24 Price Changed $564,000 -0.9% $569 / Sq Ft
05/09/2024 05/09/24 Price Changed $569,000 -0.9% $574 / Sq Ft
04/29/2024 04/29/24 Price Changed $574,000 -0.9% $579 / Sq Ft
04/06/2024 04/06/24 Price Changed $579,000 -3.3% $584 / Sq Ft
03/15/2024 03/15/24 For Sale $599,000 -- $604 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,706 $34,210 $8,470 $25,740
2024 $1,214 $26,940 $7,280 $19,660
2023 $1,174 $26,940 $7,280 $19,660
2022 $823 $17,260 $5,300 $11,960
2021 $825 $17,750 $5,450 $12,300
2020 $642 $13,120 $6,870 $6,250
2019 $643 $13,120 $6,870 $6,250
2018 $465 $9,610 $3,750 $5,860
2017 $453 $9,610 $3,750 $5,860
2016 $299 $6,210 $3,240 $2,970
2015 $364 $6,210 $3,240 $2,970
2014 $364 $7,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4072665

REcolorado®

APN: R380705410140

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