NOT LISTED FOR SALE

707 Duncan Rd Rangely, CO 81648

Rangely Area

Estimated Value: $49,000 - $479,325

20 Beds
13 Baths
5,888 Sq Ft
$47/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $500,000 $85 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $1,695 / mo

11 Days on Market

Highlights

  • 4.93 Acre Lot
  • Baseboard Heating
  • 1-Story Property
  • Forced Air Heating System
  • Storage Shed
  • 3-minute walk to Elks Park

About This Home

As of June 2022

Own half a block of Rangely, Colorado with 13 units in 7 different structures. The property consists of 8 units with 2 bedrooms and 1 bath consistently rented at $450/mo, 4 units with 1 bedroom and 1 bath rented at $400/mo. The 13th unit is a studio with a full bath and is currently occupied by the onsite manager, but would likely rent between $350 and $400/mo. Gross Rent is $66,600, with professional management the Net Operating Income is projected to be $45,700. The property is in good condition with recent remodel/upgrades including new electrical, plumbing, interior finishes, exterior doors, windows and stucco.

Last Agent to Sell the Property

Travis Cox

Keller Williams Colorado West Realty (GWS) Brokerage Phone: (970) 945-8988 License #EA40036459 Listed on: 03/09/2022

Co-Listed By

COX GROUP

Keller Williams Colorado West Realty (GWS) Brokerage Phone: (970) 945-8988

Last Buyer's Agent

non- member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1947

Lot Details

  • 4.93 Acre Lot
  • Property is in good condition

Parking

  • No Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 5,888 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 20 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Rights Not Included

Additional Features

  • Storage Shed
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 139302302005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include sewer

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,846

Year Built

Built in 1947

Lot Details

4.93 Acres

Listing Details

  • Property Sub Type: Residential Income
  • Prop. Type: Residential
  • Lot Size Acres: 4.93
  • Co List Office Mls Id: KWCOWESTGWS
  • Inclusions: Refrigerator, Range
  • Subdivision Name: None
  • Directions: State Hwy 64 west to River Rd, south (left) on River Rd to Duncan Rd.
  • Architectural Style: Ranch
  • Master Model: No
  • New Construction: No
  • Year Built: 1947
  • Tax Parcel Letter: R1000495
  • Attribution Contact: (970) 945-8988
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: multi-family
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 1.0
  • General Info:Short Termable: No
  • Financing Info:Taxes2: 1845.94
  • Financing Info:Tax Year2: 2021
  • Sanitation:Sewer: Yes
  • Inclusions:Range: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Style:Ranch: Yes
  • Electric:Yes: Public
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Exterior:Stucco: Yes
  • Extras:Storage Shed: Yes
  • Laundry Facility:None4: Yes
  • Financing Info:HOA Dues YN: No
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 12
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 20
  • Living Area: 5888.0

Exterior Features

  • Construction Type: Stucco, Frame
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Keywords Info:Garage: None

Utilities

  • Laundry Features: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Natural Gas, Forced Air, Electric, Baseboard
  • Heating Yn: Yes
  • Electric: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Glenwood Association

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 214751.0
  • Parcel #: 139302302005
  • Zoning: multi-family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1845.94
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Jun 3, 2022
Sold by
Bought by
Seller's Agent
Travis Cox
Keller Williams Colorado West Realty (GWS)
Buyer's Agent
non- member
Non-Member Office
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$279,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$220,919
Avg. Annual Appreciation
-13.20%
Original Mortgage
$375,000
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,000 None Listed On Document
$38,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $375,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2022 06/03/22 Sold $500,000 0.0% $85 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $500,000 -- $85 / Sq Ft
Source: Aspen Glenwood MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,246 $26,980 $3,020 $23,960
2024 $2,246 $21,610 $2,760 $18,850
2023 $1,815 $21,610 $2,760 $18,850
2022 $1,799 $24,640 $3,190 $21,450
2021 $1,846 $24,640 $3,190 $21,450
2020 $1,866 $26,150 $3,280 $22,870
2019 $1,753 $26,150 $3,280 $22,870
2018 $1,792 $28,620 $3,430 $25,190
2017 $1,998 $28,620 $3,430 $25,190
2016 $2,054 $30,650 $3,530 $27,120
2015 $1,653 $30,650 $0 $0
2014 $1,653 $29,900 $0 $0
2013 -- $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Travis Cox

    Keller Williams Colorado West Realty (GWS)

  • C

    Seller Co-Listing Agent in 2022

    COX GROUP

    Keller Williams Colorado West Realty (GWS)

  • n

    Buyer's Agent in 2022

    non- member

    Non-Member Office

See All Agents

Map

Source: Aspen Glenwood MLS

MLS Number: 173981

Aspen Glenwood MLS

APN: R100495

Colorado Rio Blanco County Rangely 81648

707 Duncan Rd, Rangely, CO

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Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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