NOT LISTED FOR SALE

869 Iowa Ave Palisade, CO 81526

6 Beds
5 Baths
2,616 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: August 31, 2023

Last sale price $420,000 $161 Per Sq Ft

50 Days on Market

Highlights

  • Deck
  • Walk-In Closet
  • Tile Flooring
  • Covered Patio or Porch
  • Shed
  • Landscaped

About This Home

As of August 2023

This Palisade tri-plex may be just what you are looking for to purchase as an investment. Full leased and plenty of parking and carports. Gated fenced court yard. All units have access to the yard from each units front door. Unit 1 & 2 are on the main level, unit 3 is on the upper level. Electric baseboard heat throughout the units. Newer roof and storage units on site. Each unit has a hook up for a washer & dryer. Please review the financials prior to scheduling an appointment to view. 24 HOUR NOTICE TO VIEW INSIDE. Day Sleepers, showings must be after 6:45 pm. Tenants will be getting ready to go to work before then. No exceptions Fresh exterior paint July 2023

Last Agent to Sell the Property

Vicki Dennis

MONUMENT RIDGE PROPERTY MANAGEMENT License #FA40002919 Listed on: 05/08/2023

Last Buyer's Agent

Michael Tofel

THE CHRISTI REECE GROUP License #FA100054689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 35x24x35x24
  • Landscaped
  • Sprinkler System

Parking

  • Carport

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Evaporated cooling system
  • Baseboard Heating

Community Details

  • 3 Units
  • 2,616 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2941-031-03-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,940

Year Built

Built in 1978

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 4716
  • Exterior Features: Shed, Sprinklers
  • Fronts: W
  • Gas Company: Xcel
  • Heating Type: Baseboard, Electric
  • How Built: Site Built
  • Lot Dimensions: 35x24x35x24
  • Lvt Date: 05/08/2023
  • Patio Deck: Deck-Open, Patio-Covered
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Palisade
  • Street Desc Access: Assigned Parking, City/Town, Paved
  • Style: 2 Story
  • Taxes: 1939.87
  • Tax Year: 2023
  • Total Acres: 0.2
  • Type: Triplex
  • Water: City Water
  • Zoning: MDR
  • Total Building Sq Ft: 2616
  • Design: One Building, Upper & Lower
  • Garage Type: Carport
  • Garage Type: carport
  • Garage Type: carport
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 6
  • Appliances: Dishwasher-All, Electric Range/Oven-All, Microwave Built-In-All, Refrigerator-All, Washer Hookup, Dryer Hookup
  • Basement Foundation: Slab
  • Floor: Tile
  • Interior Amenities: Walk-In Closet(s), Window Coverings, 5929
  • Bathrooms: 5
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Landscape All
  • Exterior Siding: Stucco, Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Grand Valley Power
  • Water Company: Palisade
  • Laundry: W/D Hookups In All Units

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2941-031-03-016

Multi Family

  • Total Number Units: 3
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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 List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $420,000 -1.2% $161 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $425,000 +22.8% $162 / Sq Ft
04/05/2021 04/05/21 Sold $346,000 -1.1% $132 / Sq Ft View Prior Sale
02/24/2021 02/24/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $350,000 -- $134 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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 $1,585 $20,250 $5,950 $14,300
2023 $1,585 $18,810 $5,880 $12,930
2022 $1,661 $19,410 $4,080 $15,330
2021 $1,706 $20,410 $4,290 $16,120
2020 $1,406 $17,000 $3,930 $13,070
2019 $1,343 $17,000 $3,930 $13,070
2018 $1,095 $12,690 $3,240 $9,450
2016 $1,240 $16,450 $3,180 $13,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20231929

Grand Junction Area REALTOR® Association
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