NOT LISTED FOR SALE

545 Lincoln Ave Palisade, CO 81526

Estimated Value: $313,291 - $367,000

2 Beds
1 Bath
1,040 Sq Ft
$332/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2023

Last sale price $290,000 $279 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,973 / mo

2 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Hot Water Heating System

About This Home

As of September 2023

Great opportunity awaits on this Town of Palisade staple with a convenient floorplan featuring 2 bedrooms and 1 bathroom on the main level with a stylish kitchen featuring a built-in island with breakfast nook. Small unfinished basement area provides great storage or opportunity for future expansion. Mature landscaping in the backyard with a patio for relaxing in a private setting. Close in proximity to parks and shopping. If you're looking for a quaint easy to maintain space in the heart of the Peach Capital with farmer's markets and festivals that overlook the base of the Cliffs, then this affordable main floor living home is ready for you! This fixer upper is being sold as is so bring your toolbelt and ideas.

Last Agent to Sell the Property

Jamie Goodvin

JPAR Modern Real Estate License #100051523 Listed on: 08/27/2023

JPAR Modern Real Estate

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $563

Year Built

  • Built in 1909

Lot Details

  • 6,250

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Taylor Elementary School
  • Mount Garfield Middle School
  • Palisade High School

Additional Features

  • 6,250 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Motz Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293709331004

Home Details

Home Type

Single Family

Est. Annual Taxes

$563

Year Built

Built in 1909

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Year Built: 1909
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: Motz
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1040
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Vinyl Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Electric: Electric
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Palisade
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Taylor
  • HighSchool: Palisade
  • Junior High Dist: Mesa County Valley 51
  • Middle Or Junior School: Mount Garfield

Lot Info

  • Zoning: SFR
  • Lot Size Sq Ft: 6250
  • Parcel #: 293709331004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 563

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Sep 18, 2023
Sold by
Brandstoettner Jr Walter
Bought by
Fotta Adam and Smallback Debra Astrida
Seller's Agent
Jamie Goodvin
JPAR Modern Real Estate
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$250,000
Sold Price
$290,000
Premium/Discount to List
$40,000
16%
Views
30
Current Estimated Value
$345,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,573
Avg. Annual Appreciation
6.92%
Original Mortgage
$234,900
Outstanding Balance
$228,711
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$116,862

Purchase Details

Closed on
May 27, 1992
Sold by
Standing Ronald L
Bought by
Brandstoettner Walter J
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
Fotta Adam $290,000 None Listed On Document
Brandstoettner Walter J $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fotta Adam $234,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $290,000 +16.0% $279 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/27/2023 08/27/23 For Sale $250,000 -- $240 / Sq Ft
Source: IRES MLS

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
2025 $1,695 $19,390 $9,190 $10,200
2024 $692 $15,150 $6,200 $8,950
2023 $692 $14,380 $6,130 $8,250
2022 $563 $11,940 $4,520 $7,420
2021 $566 $12,280 $4,650 $7,630
2020 $888 $10,380 $4,650 $5,730
2019 $849 $10,380 $4,650 $5,730
2018 $777 $8,740 $3,380 $5,360
2017 $629 $8,740 $3,380 $5,360
2016 $629 $8,010 $3,380 $4,630
2015 $636 $8,010 $3,380 $4,630
2014 $499 $6,180 $3,580 $2,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE995205

IRES MLS

APN: 2937-093-31-004

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