NOT LISTED FOR SALE

545 E Ave Limon, CO 80828

Estimated Value: $134,000 - $225,000

3 Beds
2 Baths
1,604 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $110,413 $69 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,124/month

89 Days on Market

About This Home

As of February 2024

HUD homes are sold “as is”. HUD Case #053-062040. Experience charming small-town living in this lovely home in the heart of Limon. This historic residence features 3 bedrooms and 2 bathrooms, offering comfort and functionality. With its spacious yard and close proximity to schools and downtown business area, this property presents a wonderful opportunity for a relaxed and convenient lifestyle away from the city. No representation is made to information provided including SqFt, room measurements, taxes, zoning, schools, features, acreage, utilities, etc. Buyer must verify all information.

Last Agent to Sell the Property

Chad Sellers

Colorado Property Shop Brokerage Email: denvermls@rockymps.com,720-419-0479 License #100103101 Listed on: 10/24/2023

Last Buyer's Agent

Chad Sellers

Colorado Property Shop Brokerage Email: denvermls@rockymps.com,720-419-0479 License #100103101 Listed on: 10/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 1 Car Garage

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

  • Limon Elementary And Middle School
  • Limon High School

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pershings Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Exclusions: Sold AS IS
  • Assessor Parcel Number 258517248004

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1604
  • Exclusions: Sold AS IS
  • Living Area: 1604
  • SubdivisionName: Pershings
  • Ownership: Bank/GSE
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.59683
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Range
  • Full Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

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: Limon

Lot Info

  • Parcel Number: 258517248004
  • Lot Size Acres: 0.16
  • Building Area Total: 1604
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 935

MLS Schools

  • Elementary School: Limon
  • High School: Limon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Feb 12, 2024
Sold by
Secretary/Housing & Urban Dev
Bought by
Razorback Capital Llc
Seller's Agent
Chad Sellers
Colorado Property Shop
Buyer's Agent
Chad Sellers
Colorado Property Shop
List Price
$185,000
Sold Price
$110,413
Premium/Discount to List
-$74,587
-40.32%
Views
249
Current Estimated Value
$201,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,735
Avg. Annual Appreciation
38.05%

Purchase Details

Closed on
Sep 23, 2022
Sold by
Colorado Hsng & Fin Authority
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Oct 12, 2020
Sold by
Bruno Justin and Bruno Jessica
Bought by
Merriman Victorine and Fay Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,658
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2018
Sold by
Amann Ellis Gene
Bought by
Bruno Justin and Bruno Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,565
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2007
Sold by
Brewster Richard D and Brewster Sally A
Bought by
Amann Ellis Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
11.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Razorback Capital Llc $110,413 None Listed On Document
Razorback Capital Llc $110,413 None Listed On Document
Secretary/Housing & Urban Dev -- None Listed On Document
Merriman Victorine $195,000 None Available
Bruno Justin $125,000 None Available
Amann Ellis Gene $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merriman Victorine $7,658
Previous Owner Merriman Victorine $191,468
Previous Owner Bruno Justin $126,565
Previous Owner Amann Ellis Gene $52,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $110,413 -35.1% $69 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
11/03/2023 11/03/23 Price Changed $170,000 -8.1% $106 / Sq Ft
10/24/2023 10/24/23 For Sale $185,000 -- $115 / 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 $806 $8,461 $481 $7,980
2023 $806 $8,461 $481 $7,980
2022 $935 $10,759 $716 $10,043
2021 $958 $11,068 $736 $10,332
2020 $602 $6,898 $716 $6,182
2019 $601 $6,898 $716 $6,182
2018 $356 $4,019 $511 $3,508
2017 $325 $3,670 $511 $3,159
2016 $352 $3,992 $565 $3,427
2015 $332 $3,992 $565 $3,427
2014 $387 $0 $0 $0
2013 $397 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4418238

REcolorado®

APN: 258517248004