NOT LISTED FOR SALE

321 Seward St Lyons, CO 80540

Estimated Value: $829,491 - $857,000

6 Beds
3 Baths
3,036 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 29, 2024

Last sale price $850,000 $280 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,118/month

35 Days on Market

Highlights

  • City View
  • Open Floorplan
  • Cottage
  • Lyons Elementary School Rated A-
  • No HOA
  • Brick Veneer

About This Home

As of August 2024

MULTI-FAMILY INVESTMENT PROPERTY IN LYONS! Rarely does an opportunity like this come to market in downtown Lyons. Includes a total of 3 units: a charming, stand-alone bungalow and an over-under duplex. Each unit features two bedrooms and one bath, an individual forced-air furnace, and laundry hookups. Roofs were replaced in May 2024 and new gutters/downspouts in July. Expansive, south-oriented backyard with alley access. Endless possibilities and a great investment in a vibrant community. YES!

Last Listed By

Dunbar Hardy

Porchlight RE Group-Boulder Listed on: 07/25/2024

Porchlight RE Group-Boulder

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 1958

Lot Details

  • 10,404 Sq Ft Lot
  • North Facing Home
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Cottage
  • Brick Veneer
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,036 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • City Views
  • Unfinished Basement
  • Partial Basement
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Lyons Elementary And Middle School
  • Lyons High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0050080

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lyons Subdivision

Building Details

  • Gross Income $53,010
  • Net Operating Income $43,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,331

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Co List Office Mls Id: 0PLRE
  • Subdivision Name: Lyons
  • Architectural Style: Cottage/Bung
  • Unit Levels: One and One Half
  • New Construction: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: Partial, Unfinished
  • Total Bedrooms: 6
  • Interior Amenities: High Speed Internet, Open Floorplan
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Lawn Sprinkler System, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Wood Siding
  • Direction Faces: North
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Lyons
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lyons
  • HighSchool: Lyons
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Lyons

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 10404
  • Parcel #: R0050080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5331

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 53010
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Aug 29, 2024
Sold by
Luitzen Roosma Revocable Living Trust
Bought by
Hedden Donald L and Hauck Laurel O
Seller's Agent
Dunbar Hardy
Porchlight RE Group-Boulder
Buyer's Agent
Digger Braymiller
RE/MAX of Boulder, Inc
List Price
$775,000
Sold Price
$850,000
Premium/Discount to List
$75,000
9.68%
Total Days on Market
35
Views
16
Current Estimated Value
$838,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,127
Avg. Annual Appreciation
-2.54%
Original Mortgage
$632,000
Outstanding Balance
$629,259
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$206,632

Purchase Details

Closed on
Jun 28, 2002
Sold by
Roosma Luitzen
Bought by
Livin Roosma Luitzen and Livin Luitzen Roosma Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 6, 2001
Sold by
Roosma Luitzen
Bought by
Roosma Luitzen and Luitzen Roosma Revocable Living Trust

Purchase Details

Closed on
Jan 28, 1999
Sold by
Roosma Luitzen and The Luitzen Roosma Revocable L
Bought by
Roosma Luitzen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.79%

Purchase Details

Closed on
Apr 4, 1998
Sold by
Roosma Luke
Bought by
Roosma Luitzen and Luitzen Roosma Revocable Living Trust

Purchase Details

Closed on
Nov 25, 1996
Sold by
Roosma Luitzen
Bought by
Roosma Luitzen and Luitzen Roosma Revocable Living Trust

Purchase Details

Closed on
Nov 29, 1991
Bought by
Roosma Luitzen Revocable Living Trust

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Hedden Donald L $850,000 None Listed On Document
Livin Roosma Luitzen -- --
Roosma Luitzen -- --
Roosma Luitzen -- --
Roosma Luitzen -- --
Roosma Luitzen -- --
Roosma Luke -- --
Roosma Luitzen -- --
Roosma Luitzen Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedden Donald L $632,000
Previous Owner Roosma Luitzen $50,000
Previous Owner Roosma Luitzen $210,000
Previous Owner Roosma Luitzen $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $850,000 +9.7% $280 / Sq Ft
07/25/2024 07/25/24 For Sale $775,000 -- $255 / Sq Ft
Source: IRES MLS

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 $5,331 $45,439 $898 $44,541
2023 $5,331 $45,439 $4,583 $44,541
2022 $4,264 $34,587 $4,198 $30,389
2021 $4,213 $35,583 $4,319 $31,264
2020 $3,794 $31,753 $11,011 $20,742
2019 $3,719 $31,753 $11,011 $20,742
2018 $3,552 $30,939 $11,088 $19,851
2017 $3,494 $34,204 $12,258 $21,946
2016 $3,243 $27,963 $10,985 $16,978
2015 $3,084 $24,715 $3,741 $20,974
2014 $2,562 $24,715 $3,741 $20,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1015107

IRES MLS

APN: 1203181-09-002