THE JOE REED TEAM
REED REAL ESTATE GROUP, LLC
(970) 822-0290
328 Total Sales
58 in Rangely
$10K - $725K Price Range
707 Duncan Rd Rangely, CO 81648
Rangely AreaEstimated Value: $49,000 - $479,325
20
Beds
13
Baths
5,888
Sq Ft
$47/Sq Ft
Est. Value
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 2022Own 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
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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
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
Acer Investments Llc
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
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
-12.79%
Original Mortgage
$375,000
Outstanding Balance
$341,893
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
-$62,812
Purchase Details
Closed on
Mar 4, 2012
Sold by
Brenton Elizabeth
Bought by
Aces Investments Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rangely, CO
-
THE JOE REED TEAM
-
Drake Guidry
Drake Guidry
Coldwell Banker Realty
(985) 333-7354
96 Total Sales
1 in Rangely
$75,000 Price
-
Karen Reed
Karen Reed
Raven Realty
(970) 329-9457
69 Total Sales
63 in Rangely
$9K - $375K Price Range
-
Yvonne Gustin
Yvonne Gustin
Country Living Realty
(970) 329-8551
528 Total Sales
9 in Rangely
$56K - $290K Price Range
-
Onea Jewell Miller
Onea Jewell Miller
Western Exposures Realty, LLC
(970) 693-4048
12 Total Sales
7 in Rangely
$98K - $220K Price Range
-
Alex Plumb
Alex Plumb
Alpine West Properties, LLC
(970) 632-7785
105 Total Sales
6 in Rangely
$8K - $725K Price Range
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 | ||
| Aces Investments Llc | $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
-
TC
Seller's Agent in 2022
Travis Cox
Keller Williams Colorado West Realty (GWS)
-
CG
Seller Co-Listing Agent in 2022
COX GROUP
Keller Williams Colorado West Realty (GWS)
-
NM
Buyer's Agent in 2022
non- member
Non-Member Office
Map
Source: Aspen Glenwood MLS
MLS Number: 173981
APN: R100495
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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