$414,500
SOLD OCT 28, 2022

861 Iowa Ave Unit 1, 2, 3 Palisade, CO 81526

Palisade Area Neighborhood
6 Beds
3 Baths
3,000 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

8% Above List Price

1 Day on Market

Highlights

  • Open Patio
  • Evaporated cooling system
  • Wood Siding
  • Baseboard Heating
  • Xeriscape Landscape
  • Carpet

About This Home

As of October 2022

Very rare find! All three unit rents are below market. Roof and evap coolers replaced two years ago. There is room for a coin-op washer/dryer but none exist. Each unit has it's own storage unit. #1 remodeled a couple years ago, #2 mostly remodeled 3 years ago, #1 not remodeled. Rents are #1 - $800, #2 - $850, #3 - $850. Each unit has water heater. One central boiler for baseboard heat.

Last Agent to Sell the Property

Saul Forster

FORSTERS PROPERTY MANAGEMENT, LLC License #FA1312939 Listed on: 10/06/2022

Last Buyer's Agent

Jan Kimbrough Miller

RE/MAX 4000, INC License #FA100013124

RE/MAX 4000, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Xeriscape Landscape

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Metal Siding
  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Heat Pump System
  • Baseboard Heating
  • Septic Design Installed

Additional Features

  • 2-Story Property
  • Open Patio

Listing and Financial Details

  • Assessor Parcel Number 2941-031-03-014

Community Details

Overview

  • 3 Units
  • 3,000 Sq Ft Building

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,596

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 4728
  • Gas Company: xcel
  • Heating Type: Baseboard, Heat Pump, Natural Gas
  • How Built: Site Built
  • Lot Dimensions: rectangle
  • Lvt Date: 10/06/2022
  • Patio Deck: Patio-Open
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Palisade
  • Street Desc Access: City/Town, Paved
  • Style: 2 Story
  • Taxes: 1596
  • Tax Year: 2021
  • Total Acres: 0.19
  • Type: Triplex
  • Water: City Water
  • Zoning: MF
  • Total Building Sq Ft: 3000
  • Design: One Building
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 6
  • Appliances: Dishwasher-All, Dryer-None, Electric Range/Oven-All, Garbage Disposal-All, Microwave-None, Range Hood-All, Refrigerator-All, Washer-None
  • Basement Foundation: Slab
  • Floor: Carpet, Laminate, Vinyl
  • Bathrooms: 3
  • Price Per Sq Ft: 138.17
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Xeriscape
  • Exterior Siding: Metal, Vinyl, Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Excel
  • Water Company: Palisade
  • Laundry: No Laundry On Site

Schools

  • Elementary School: Taylor
  • Middle School: MT Garfield (Mesa County)
  • High School: Palisade

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2941-031-03-014

Multi Family

  • Total Number Units: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $414,500 +7.7% $138 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $385,000 -- $128 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Saul Forster

    FORSTERS PROPERTY MANAGEMENT, LLC

    Section Image
  • Jan Kimbrough Miller

    Buyer's Agent in 2022

    Jan Kimbrough Miller

    RE/MAX

    (970) 250-6781

    75 in this area

    474 Total Sales

    Jan Kimbrough Miller
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20225259

Grand Junction Area REALTOR® Association

Colorado Mesa County Palisade 81526 Palisade Area

861 Iowa Ave Unit 1, 2, 3, Palisade, CO

This home is located at 861 Iowa Ave Unit 1, 2, 3, Palisade, CO 81526 and is currently priced at $414,500, approximately $138 per square foot. This property was built in 1978. 861 Iowa Ave Unit 1, 2, 3 is a home located in Mesa County with nearby schools including Taylor Elementary School, Mount Garfield Middle School, and Palisade High School.

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.

Grand Junction Area REALTOR® Association 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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