$44,000
SOLD MAY 26, 2020
2 Beds
1 Bath
864 Sq Ft
3,354 Sq Ft Lot

Recently Sold

$51 Per Sq Ft

12% Below List Price

0 Day on Market

Highlights

  • Ranch Style House
  • Front Porch
  • Evaporated cooling system
  • No HOA
  • Double Pane Windows
  • Walk-in Shower

About This Home

As of March 2021

Investor Special -- 2bed 1bath property currently leased for $600 per month on a month-to-month basis. Property is located near downtown Pueblo on a quiet block of W 7th Street. You will cash flow from day one of your purchase. Upon turnover, it would be wise to make improvements to the property and boost the value and the rent you can command. Depending on the level of renovations, market rent is upward of $800+ per month. This property checks the two big boxes for a savvy investor; cash flow and appreciation. Located in a rapidly growing market where it is extremely difficult to find turn-key income properties under $50k. Now is the time for you to take advantage of all the benefits of owning investment property. Start or add this investment property to your portfolio before it gets away. Call your banker, call your agent -- and submit an offer today! Owner Will Carry/Trade/Exchange.

Last Agent to Sell the Property

Nico Cordova

Resident Realty Listed on: 03/03/2020

Last Buyer's Agent

Nico Cordova

Resident Realty Listed on: 03/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $342

Year Built

  • Built in 1903

Lot Details

  • 3,354 Sq Ft Lot
  • Lot Dimensions are 28 x 120
  • Wood Fence
  • Aluminum or Metal Fence
  • Property is zoned I-2

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Stucco
  • Lead Paint Disclosure

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room
  • Crawl Space
  • Fire and Smoke Detector
  • Gas Oven or Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Walk-in Shower

Outdoor Features

  • Front Porch

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Westside Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal belongings

Home Details

Home Type

Single Family

Est. Annual Taxes

$342

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Directions: From W. 7th Street. House is on the Right.
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.077
  • Lot Size: 28 x 120
  • Road Surface Type: Paved
  • Subdivision Name: Westside
  • Above Grade Finished Sq Ft: 864
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1903
  • Kitchen Level: Main
  • NAV29_Water_Heater: Gas
  • NAV29_rets_property_type: Residential
  • Special Features: None

Interior Features

  • Appliances: Gas Range Oven, Refrigerator
  • Interior Amenities: Ceiling Fan(s), Cable TV, Walk-in Shower
  • Has Basement: Crawl Space
  • Private Spa: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 864
  • Window Features: Single Pane, Metal, Double Pane Windows, Vinyl
  • Room Kitchen Area: 144
  • Room Bedroom2 Area: 100
  • Room Bedroom2 Level: Main
  • Room Family Room Area: 144
  • Room Family Room Level: Main
  • Room Master Bedroom Area: 100
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10

Exterior Features

  • Exclusions: Tenants personal belongings
  • Roof: Composition
  • Fencing: Wood Fence-Rear, Metal Fence-Front
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure Available
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Porch-Open-Front

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Cooling: Window Evaporative
  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: Main
  • Security: Smoke Detector/CO
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • Water Source: Public
  • Gas Company: Xcel

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 60B

Lot Info

  • Zoning: I-2
  • Lot Size Sq Ft: 3354.12
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 341.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 19, 2021
Sold by
Mi & D Enterprises Llc
Bought by
Radzymski Kurt and Stuller Nola
Seller's Agent
Rosalind Saucedo
RE/MAX Of Pueblo Inc
Buyer's Agent
Rosalind Saucedo
RE/MAX Of Pueblo Inc
List Price
$189,900
Sold Price
$194,400
Premium/Discount to List
$4,500
2.37%
Current Estimated Value
$202,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,151
Avg. Annual Appreciation
0.90%
Original Mortgage
$190,878
Outstanding Balance
$171,109
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$31,442

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 26, 2020
Sold by
Ana Real Estate Holfings Llc
Bought by
Mi & D Enterprises Llc
Seller's Agent
Nico Cordova
Resident Realty
Buyer's Agent
Nico Cordova
Resident Realty
List Price
$49,999
Sold Price
$44,000
Premium/Discount to List
-$5,999
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
526.03%

Purchase Details

Closed on
Feb 28, 2020
Sold by
Reinsch Real Estate Llc
Bought by
Ana Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2020
Sold by
Martinez Jason W and Shafer Kelly A
Bought by
Reinsch Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2011
Sold by
Shafer Kelly A
Bought by
Martinez Jason W

Purchase Details

Closed on
Mar 1, 2005
Sold by
Martinez Paul Eugene and Lopez Evelyn Marcella
Bought by
Martinez Jason W and Shafer Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,239
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2003
Sold by
Reinsch Real Estate Llc
Bought by
Martinez P E P and Martinez Lopez E

Purchase Details

Closed on
Jun 24, 2002
Sold by
Reinsch Ronald B Trust
Bought by
Reinsch Real Estate Llc

Purchase Details

Closed on
Jan 10, 2001
Sold by
Reinsch Ronald B
Bought by
Reinsch Ronald B Trust

Purchase Details

Closed on
Mar 4, 1994
Sold by
Reinsch Ronald B + Janice C
Bought by
Reinsch Ronald B

Purchase Details

Closed on
Jul 23, 1981
Sold by
Schreiner Lonnie
Bought by
Reinsch Ronald B + Janice C

Purchase Details

Closed on
May 5, 1978
Sold by
Zaccardi Ralph A
Bought by
Schreiner Lonnie
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $194,400 Fidelity National Title
Warranty Deed $44,000 Fidelity National Title
Warranty Deed $29,000 Fidelity National Title
Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $40,260 Land Title Guarantee Company
Deed $45,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $13,500 --
Deed $13,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,878 FHA
Previous Owner $30,000 Commercial
Previous Owner $40,239 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $194,400 +2.4% $225 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $189,900 +331.6% $220 / Sq Ft
05/26/2020 05/26/20 Sold $44,000 -12.0% $51 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $49,999 -- $58 / Sq Ft
Source: Pueblo Association of REALTORS®

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 $1,171 $9,340 -- --
2023 $1,180 $13,030 $940 $12,090
2022 $1,131 $9,590 $10 $9,580
2021 $682 $5,800 $10 $5,790
2020 $411 $5,480 $140 $5,340
2019 $410 $3,446 $139 $3,307
2018 $291 $2,681 $140 $2,541
2017 $294 $2,681 $140 $2,541
2016 $274 $2,659 $154 $2,505
2015 $273 $2,659 $154 $2,505
2014 $264 $2,569 $154 $2,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 184838

Pueblo Association of REALTORS®

APN: 0-5-25-4-50-011