Sweet location in the town of Cedaredge, with great proximity to amenities including downtown, library, grocery store, golf course and the Grand Mesa. Nice yard space with backyard privacy, newer storage shed, room for garden areas and covered carport. Large living and dining room with lots of natural light. Pre-Hud mobile home with stick built addition. 4 bedroom/2 bathroom home in good condition! New Furnace and lots of improvements! For investors, estimated rent between $1,300 and $1,400 for a 4 bedroom, 2 bath. With tenant paying utilities and estimated gross rent at $1,300/mo, annual rent is $15,600/yr. Subtract taxes and insurance estimated at $1,000/yr for annual net of $14,600. At those terms, Cap Rate is over 10.00%.
ManufacturedProperty Type
1974Year Built
8,712 sq ftLot Size
$121Est. Price/Sq.Ft.
1 spaceParking
Listed by Gregory Stratman• RE/MAX Mountain West, Inc.
Bought with Gregory Stratman• RE/MAX Mountain West, Inc.
Nice quiet location in the Town of Cedaredge featuring a comfortable single wide manufactured home with large kitchen, raised living room, 2 bedrooms and one bathroom. Stick built addition added in 2008 with another 2 bedrooms/1 bathroom, making this a 4 bedroom/2 bathroom home on . 20 acre fenced lot within walking distance to the newly updated Cedaredge Town Park.
cren #606974
Sep 8, 2008
Sold
$63,000
$46/sq ft
Jun 6, 2008
Listed
$67,500
$49/sq ft
Handicap accessible steel ramp with non-slip wood deck, accented with Harness Hames. Comfortable singlewide features raised living room with large bright windows, ceiling fan in the dining room with built-in cabinet. New metal roof covers home and patio, nice lot has metal storage shed and RV hookup. New furnace installed, new refrigerated air conditioner (not installed). Home is partially furnished. Possible owner carry terms to qualified buyer.
Year
Property tax
Land + Additions
Assessment*
2021
$53 (+32.5%)
$814
2020
$40 (+0.2%)
$596
2019
$40 (−12.2%)
$596
2018
$45
$647
2017
$45 (+41.5%)
$647
2016
$32 (+39.1%)
$503
2014
$23
$503
Tax history for 475 SW 3rd Ave
Year
Property tax
Land + Additions
Assessment*
2021
$53 (+32.5%)
$814
2020
$40 (+0.2%)
$596
2019
$40 (−12.2%)
$596
2018
$45
$647
2017
$45 (+41.5%)
$647
2016
$32 (+39.1%)
$503
2014
$23
$503
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.