$430,000
SOLD APR 30, 2025
3 Beds
2 Baths
1,196 Sq Ft
7,710 Sq Ft Lot

Recently Sold

$360 Per Sq Ft

11% Below List Price

48 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of April 2025

This duplex presents a fantastic investment opportunity with one unit already generating income and another ready for occupancy. The front unit, a 1-bedroom, 1-bathroom space, has been updated and is currently rented at $1,300 per month, providing immediate cash flow. The rear unit, a 2-bedroom, 1-bathroom space, has been freshly painted with new carpet and is vacant, allowing you to set your own rent. The property includes a detached 2-car garage, an unfinished basement with separate access, and a shared laundry room for tenant convenience. Both units have separate electrical panels, ensuring independent utility payments. A fenced yard offers privacy, while ample parking accommodates both units comfortably. Whether you're a seasoned investor or looking for an income-producing property, this duplex offers strong potential with immediate cash flow and value-add opportunities. Schedule a showing today!

Last Agent to Sell the Property

Ramon Vargas

Legacy 100 Real Estate Partners LLC Brokerage Email: ramon@realtor5280.net License #40016606 Listed on: 03/04/2025

Last Buyer's Agent

Taurino Villalobos

Megastar Realty License #100083042

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,709

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Carpet
  • Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Hanson Prek-8 Elementary School
  • Kearney Middle School
  • Adams City High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas, internet, water
  • Assessor Parcel Number R0079602

Community Details

Overview

  • No Home Owners Association
  • Sun Ray Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,709

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Levels: One
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1196
  • Below Grade Sq Ft: 698
  • Exclusions: None
  • Living Area: 1196
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Sun Ray
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_RVSpaces: 0
  • Ratio Close Price By Original Li: 0.88678
  • Attribution Contact: ramon@realtor5280.net
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Flooring: Carpet
  • Common Walls: 1 Common Wall
  • Basement: Unfinished
  • Basement: Yes
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 4
  • REC_ParkingCount: 2
  • Unit Numberof Parking Per Unit: 2
  • Unit Numberof Parking Per Unit: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air
  • Laundry Features: External Facility

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: Kearney

Lot Info

  • Parcel Number: R0079602
  • Building Area Total: 1894

Rental Info

  • Tenant Pays: Electricity, Gas, Internet, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2709

MLS Schools

  • Elementary School: Hanson Prek-8
  • High School: Adams City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 30, 2025
Sold by
Rivera Nancy
Bought by
Saga Enterprise Llc
Seller's Agent
Ramon Vargas
Legacy 100 Real Estate Partners LLC
Buyer's Agent
Taurino Villalobos
Megastar Realty
List Price
$484,900
Sold Price
$430,000
Premium/Discount to List
-$54,900
-11.32%
Views
83
Current Estimated Value
$448,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,159
Avg. Annual Appreciation
11.19%
Original Mortgage
$340,000
Outstanding Balance
$257,108
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
$191,051

Purchase Details

Closed on
Apr 27, 2017
Sold by
Archuleta Leory and Archuleta Sondra
Bought by
Rivera Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $430,000 None Listed On Document
Warranty Deed $225,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 Construction
Previous Owner $180,000 New Conventional
Previous Owner $63,966 New Conventional
Previous Owner $75,000 Unknown
Previous Owner $40,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $430,000 -8.5% $360 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $469,900 -3.1% $393 / Sq Ft
03/04/2025 03/04/25 For Sale $484,900 -- $405 / 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 $2,709 $27,560 $5,310 $22,250
2023 $2,383 $31,120 $5,750 $25,370
2022 $2,026 $21,740 $5,640 $16,100
2021 $2,026 $21,740 $5,640 $16,100
2020 $1,928 $21,400 $5,010 $16,390
2019 $1,924 $21,400 $5,010 $16,390
2018 $1,377 $14,920 $4,460 $10,460
2017 $1,308 $14,920 $4,460 $10,460
2016 $779 $8,600 $2,230 $6,370
2015 $795 $8,600 $2,230 $6,370
2014 -- $8,240 $1,590 $6,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6881238

REcolorado®

APN: 1721-32-4-07-010