NOT LISTED FOR SALE

624 N Main St Gunnison, CO 81230

Estimated Value: $919,000 - $1,123,000

Studio
12 Baths
7,803 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $925,000 $119 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,559/month

Highlights

  • 0.5 Acre Lot
  • Eat-In Kitchen
  • Wood Siding
  • 1 Home Office
  • 1-Story Property
  • Carpet

About This Home

As of November 2023

This home is located at 624 N Main St, Gunnison, CO 81230 since 10 August 2023 and is currently estimated at $1,015,331, approximately $130 per square foot. This property was built in 1957. 624 N Main St is a home located in Gunnison County with nearby schools including Gunnison Elementary School, Gunnison Middle School, and Crested Butte Community School.

Last Agent to Sell the Property

Bill Nesbitt

Nesbitt & Company, LLC Listed on: 08/10/2023

Last Buyer's Agent

Gunnison NON MEMBER

NON-MEMBER/FSBO Gunnison

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1957

Lot Details

  • 0.5 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Primary Bedroom located in the basement
  • 7,803 Sq Ft Home
  • 1-Story Property
  • 1 Home Office
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Carpet
  • Linoleum

Schools

  • Gunnison 1-5 Elementary School
  • Gunnison 6-8 Middle School
  • Gunnison High 9-12

Listing and Financial Details

  • Tenant pays for electric, gas, water/sewer, trash
  • The owner pays for building insurance, real estate taxes, interior maintenance, ext maintenance (bldg), site maintenance (prop), common area maintenance, snow removal
  • Assessor Parcel Number 370136337002

Community Details

Overview

  • 13 Units
  • First Addition Subdivision

Building Details

  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 13 Separate Water Meters

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,295

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator
  • Estimated Total Acres: 0.5
  • Class: Multifamily
  • Em Deposit: 10,000
  • Em Holder: Gunnison County Abstract
  • Legal Lot Block: Lots 1-7, both inclusive, Block 61, First Addition
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 370136337002
  • Price Per Sq Ft: 118.54
  • Residence Stories: One Story
  • Sale/Rent: For Sale
  • Siding: Wood, Stone
  • Sold Price Sq Ft: 118.54
  • Street Descriptionaccess: State Highway, City/Town, Paved, 150'+ Frontage
  • Street Designation: Street
  • Tax Account Id: R001702
  • Zoning: Live/Work
  • Domestic Water Sewer: City Water
  • Heating Fuelsystem: Natural Gas, Electric Baseboard
  • Landlord Pays: Building Insurance, Real Estate Taxes, Interior Maintenance, Ext Maintenance (Bldg), Site Maintenance (Prop), Common Area Maintenance, Snow Removal
  • Metered: Metered for Gas, Metered for Electricity, Metered for Water
  • Total Number Electric Meters: 13
  • Total Number Gas Meters: 13
  • Total Number Water Meters: 13
  • Type: Apartment Bldg.
  • Access: Year Round
  • Total Taxes Dollar: 3,295
  • Year Built: 1957
  • Prop Description Remarks: A VERY INTERESTING INVESTMENT OPPORTUNITY. Solid rental history, with not much rental turn over. Updated metal roof, new paint job, and $7,700 per month cash flow (gross). B-1 zoning offers the investor incentive to make a great investment with off-street parking, some landscaping and City of Gunnison ditch water. 3 blocks from Western State, 6 blocks from the center of downtown, 1 block to strip mall with shopping, restaurants and groceries. Office is served by cold water, and each apartment has a 3/4 bath room.
  • Subdv Name: First Addition
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1072

Interior Features

  • Dining Room: Eat-in Kitchen
  • Flooring: Carpet, Linoleum
  • Master Bedroom: Lower Level
  • Estimated Total Sq Ft: 7803
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Foundation: Stemwall, Crawl Space, Concrete
  • Main Level Sq Ft: 7803
  • Total Office Den: 1

Exterior Features

  • Roof: Metal

Garage/Parking

  • Parking: Off Street, 1 per unit

Utilities

  • Electric Supplier: City of Gunnison
  • Gas Supplier: Atmos Energy
  • Sewer Supplier: City of Gunnison
  • Water Supplier: City of Gunnison

Schools

  • High School: Gunnison High 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Tenant Pays: Electric, Gas, Water/Sewer, Trash
  • Furnished: Unfurnished

Multi Family

  • No. of Units: 13

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Gunnison 1-5
  • Middle School: Gunnison 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Nov 15, 2023
Sold by
Taylor David A and Taylor Susan M
Bought by
Alto Basin Llc
Seller's Agent
Bill Nesbitt
Nesbitt & Company, LLC
Buyer's Agent
Gunnison NON MEMBER
NON-MEMBER/FSBO Gunnison
List Price
$925,000
Sold Price
$925,000
Views
3
Current Estimated Value
$1,015,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,331
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Apr 30, 2012
Sold by
First State Bank Of Colorado
Bought by
Taylor David A and Taylor Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2011
Sold by
Ajarian Wasken and Ajarian Vasken
Bought by
First State Bank Of Colorado
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
Alto Basin Llc $925,000 None Listed On Document
Taylor David A $725,000 First Gunnison Title & Escro
First State Bank Of Colorado -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor David A $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $925,000 0.0% $119 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $925,000 -- $119 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $3,316 $60,450 $23,680 $36,770
2023 $3,110 $56,760 $22,230 $34,530
2022 $3,478 $55,660 $12,040 $43,620
2021 $3,204 $58,520 $12,660 $45,860
2020 $2,451 $41,580 $10,070 $31,510
2019 $2,399 $41,580 $10,070 $31,510
2018 $1,781 $29,310 $6,590 $22,720
2017 $1,799 $29,310 $6,590 $22,720
2016 $1,661 $27,000 $4,620 $22,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 807436

Colorado Real Estate Network (CREN)

APN: R001702