NOT LISTED FOR SALE

718 Lake St Lake City, CO 81235

Estimated Value: $528,095

3 Beds
3 Baths
2,864 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $480,000 $168 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,000/month

11 Days on Market

Highlights

  • River Front
  • Deck
  • Vaulted Ceiling
  • Creek or Stream View
  • Living Room with Fireplace
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Rare in town river property, a diamond in the rough. Sitting just above the Lake Fork of the Gunnison River is a well-built 8” D-Log home, sitting on 5 riverfront town lots, with a nice, detached garage/workshop with basement. This 2-story log home offers 2,864± square feet with 3 bedrooms and 3 baths. The main level has a large kitchen, opening into a large, vaulted living room with several entry points to the wrap around covered deck, large bedroom and bathroom, mudroom, and laundry all can be found on the main level. The second floor has a unique catwalk to some flex space that could make a great den, library, or hobby room. Two guest rooms with their own full baths can also be found on the second level, giving everyone their own private spaces in the home. The exterior of the home is done in easy to maintain gravel, with a small, fenced yard in the back. The back porch is covered and is a great sitting area for listening to the sounds of the river and nature all around. The views of the mountains and the river are stunning and relaxing. The historic town of Lake City is a short walk on the river path just below the house. Restaurants, shopping, and special events can be found and going on in Lake City all year round. The home can be accessed year-round on a maintained city street. Price to sell, call for a showing today!

Last Agent to Sell the Property

Michael Murphy

Murphy Real Estate Listed on: 07/20/2021

Co-Listed By

Dan Murphy

M4 Ranch Group, LLC

Last Buyer's Agent

A. Danielle Worthen

Hall Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot
  • River Front

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,864 Sq Ft Home
  • 2-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Unfinished Basement
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Lake City K-12 Elementary And Middle School
  • Lake City K-12 High School

Utilities

  • Heating System Uses Propane
  • Pellet Stove burns compressed wood to generate heat
  • Water Heater
  • High Speed Internet
  • Internet Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 450927420008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Appliance Inclusions: Range Top, Refrigerator, Dishwasher, Disposal, Compactor, Double Oven
  • Estimated Total Acres: 0.36
  • Class: RESIDENTIAL
  • Em Deposit: 5,000
  • Em Holder: title company
  • Exterior Inclusions: Shed/Storage, Deck, Balcony, Covered Porch
  • Interior Inclusions: Pellet Stove, Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, T&G Ceilings, Mud Room, Heated Garage
  • Legal Lot Block: LOTS 24, 25, 26, 27, AND 28 BLOCK 20, TOWN OF LKAE CITY
  • List Price per Sq Ft: 184.71
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 450927420008
  • Price Per Sq Ft: 167.6
  • Real Estate Included: Yes
  • Realist Id: 450927420008
  • Residence Stories: Two Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Log, Wood
  • Sold Price Sq Ft: 167.6
  • Street Descriptionaccess: City/Town, Gravel, Dirt, Public Winter Maintenance
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Access: Year Round
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 1358.08
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 2864
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Fireplace Location Type: Living Room, Pellet
  • Foundation: Basement-unfinished, Crawl Space
  • Master Bedroom Level: Main Level, Upper Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Log
  • Exterior Structures: Garage, Shed, Workshop
  • Roof: Metal
  • Views: Mountains, Stream/River

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Cable TV, Internet - DSL, Phone - Landline
  • Electric Supplier: Gunnison County Electric Association
  • Gas Supplier: JC Propane
  • Heating System: Pellet Stove
  • Sewer Supplier: Town of Lake City
  • Water Heater: Electric Water Heater
  • Water Supplier: Town of Lake City

Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12
  • High School: Lake City K-12
  • High School: Lake City K-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Lake City K-12
  • Middle School: Lake City K-12

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tallent Ronald W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $480,000 -9.3% $168 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $529,000 -- $185 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $1,536 $24,980 $5,980 $19,000
2023 $1,543 $24,980 $5,980 $19,000
2022 $1,607 $26,410 $6,950 $19,460
2021 $1,617 $27,050 $0 $27,050
2020 $1,358 $23,760 $7,150 $16,610
2019 $1,354 $23,760 $7,150 $16,610
2018 $1,487 $25,720 $0 $25,720
2017 $1,402 $25,720 $0 $25,720
2016 $1,116 $28,440 $9,950 $18,490
2015 $1,042 $28,440 $9,950 $18,490
2014 $1,042 $27,150 $9,950 $17,200
2013 $1,404 $27,150 $0 $0
2012 $1,099 $29,310 $9,950 $19,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 784822

Colorado Real Estate Network (CREN)

APN: R000988