Public Remarks: The fixer-upper you've been waiting for just hit the market. It would be a great income property or flip house. This one has a lot of potential with the basement house already gutted and the remodel work has been started. Some of the electric has been updated and awaits radiant heat panels in all of the rooms. The kitchen has been gutted and the cabinets have been purchased and are in the process of being installed. New windows are also on site. This is your chance to jump in and complete the project or completely revamp it or build a main level house on top of the basement. Or maybe move in a modular, or build a barndominium? Oh my! With a little over 7300 square feet right in the middle of a highly desired location the possibilities are endless.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Rent
$1,621/mo
Redfin rental estimate
List your home for rent
Market trends in 80836, CO
Last updated August 2026
Sale-to-List Price
91.1%
3.2% MoM
Median sale price
$190K
$5K MoM
Avg. days on market
59d
56 days MoM
Recently sold homes
2
1 MoM
Provided by Redfin
Sale history for 540 5th St
Date
Event
Price
IRES as Distributed by MLS Grid #984053
May 17, 2023
Sold
$40,000
$56/sq ft
Apr 17, 2023
Pending
—
Mar 23, 2023
Listed
$50,000
$69/sq ft
IRES as Distributed by MLS Grid #925534
Apr 27, 2021
Sold
$36,151
$50/sq ft
Mar 26, 2021
Pending
—
Feb 1, 2021
Price Changed
$40,000
$56/sq ft
Dec 28, 2020
Price Changed
$44,000
$61/sq ft
Oct 1, 2020
Listed
$49,000
$68/sq ft
+7
Public Remarks
This is a basement home of 720 SF - no above-grade living space, with enclosed entry porch. Home has some good potential for expansion/addition. Situate on a nice corner lot.
REColorado as Distributed by MLS Grid #IR925534
Apr 27, 2021
Sold
$36,151
$50/sq ft
Oct 1, 2020
Listed
$40,000
$56/sq ft
+7
This is a basement home of 720 SF - no above-grade living space, with enclosed entry porch. Home has some good potential for expansion/addition. Situate on a nice corner lot.
IRES as Distributed by MLS Grid #914783
Aug 21, 2020
Listing Removed
—
Aug 14, 2020
Relisted
—
Jul 28, 2020
Pending
—
Jul 8, 2020
Price Changed
$49,500
$69/sq ft
Jun 11, 2020
Listed
$56,500
$78/sq ft
REColorado as Distributed by MLS Grid #IR914783
Aug 21, 2020
Listing Removed
—
Jun 11, 2020
Listed
$49,500
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$243 (+127.4%)
$404 + $1,949
$2,353
2024
$107 (+1.7%)
$404 + $1,949
$2,353
2023
$105 (−21.3%)
$169 + $831
$1,000
2022
$133 (−2.8%)
$306 + $941
$1,247
2021
$137 (+28.3%)
$306 + $941
$1,247
2020
$107
$315 + $685
$1,000
2019
$107 (+7.4%)
$315 + $685
$1,000
2018
$100 (−0.2%)
$317 + $614
$931
2017
$100 (−3.1%)
$317 + $614
$931
2016
$103 (−6.4%)
$351 + $618
$969
2014
$110 (−0.2%)
$351 + $618
$969
2013
$110
$351 + $640
$991
Tax history for 540 5th St
Year
Property tax
Land + Additions
Assessment*
2025
$243 (+127.4%)
$404 + $1,949
$2,353
2024
$107 (+1.7%)
$404 + $1,949
$2,353
2023
$105 (−21.3%)
$169 + $831
$1,000
2022
$133 (−2.8%)
$306 + $941
$1,247
2021
$137 (+28.3%)
$306 + $941
$1,247
2020
$107
$315 + $685
$1,000
2019
$107 (+7.4%)
$315 + $685
$1,000
2018
$100 (−0.2%)
$317 + $614
$931
2017
$100 (−3.1%)
$317 + $614
$931
2016
$103 (−6.4%)
$351 + $618
$969
2014
$110 (−0.2%)
$351 + $618
$969
2013
$110
$351 + $640
$991
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7,340 Sq. Ft.
Year renovated
1985
Sq. Ft.
720
Year built
1952
Style
Single Family Residential
County
Kit Carson County
APN
78002001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Property details
Parking
Parking Features
Covered Spaces: 0
Garage Spaces: 0
Interior
Bathroom Information
Bathrooms (Full): 1
Bathrooms (Half): 0
Bathrooms (Three Quarter): 0
Bedroom Information
Bedrooms Total: 2
Heating & Cooling
Cooling: Yes
Heating: No
None
Interior Features
Refrigerator
Room Information
Basement: Unfinished
Exterior
Exterior Features
Roof: Flat
Lot Information
Horse(s): No
Zoning: Res
Property Information
Property Type: Residential
Waterfront: No
Subdivision Information
Subdivision Name: STEGMANS
MLS Area Major: Out of Area
Building Information
Above Grade Finished Area: 720
Below Grade Finished Area: 0
Building Area Total: 720
Construction Materials: Adobe
Financial
Tax Information
Parcel Number: 78002001
Tax Annual Amount: 133
Tax Year: 2022
Financial Information
Listing Terms: Conventional
Utilities
Utility Information
Utilities: Electricity Available, Propane
Electric: Electric,KC Electric
Sewer: City Sewer
Location
HOA Information
Association: No
School Information
High School District: Stratton R-4
Elementary School: Stratton
Middle or Junior School: Stratton
High School: Stratton
Location Information
Unparsed Address: 540 5th St Stratton CO 80836
Street Number: 540
Street Name: 5th
Street Suffix: St
City: Stratton
State or Province: CO
County or Parish: Kit Carson
Country: US
Postal Code: 80836
Coordinates: -102.605888,39.299895
Latitude: 39.299895
Longitude: -102.605888
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 720
Stories: 1.0
Lot Size: 7,340 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1985
County: Kit Carson County
APN: 78002001
Home facts updated by county records on Aug 17, 2026
Other
Listing Information
Attribution Contact: 7193465420
Close Price: $40,000
Photos Count: 11
Possible Use: Single Family
Special Listing Conditions: Private Owner
Standard Status: Closed
Listing Date Information
Close Date: Wednesday, May 17, 2023
Cumulative Days on Market: 26
Days on Market: 26
Listing Contract Date: Thursday, March 23, 2023
Modification Timestamp: Friday, August 2, 2024 6:06 AM
Home Information
Year Built: 1952
Around this home
Schools
Stratton Elementary School
Public PreK-5 • Assigned • 0.7mi
5/10
Stratton Middle School
Public 6-8 • Assigned • 0.4mi
2/10
Stratton Senior High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
0.93% chance of being in a wildfire in next 30 years
3/10 Heat Factor
6 days above 95° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Stratton, CO • 80836
Average low and high temperatures (°F)
42
16
50
20
64
33
65
36
71
45
85
57
89
61
86
60
82
53
70
42
52
28
53
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 5.3 hours in December, placing it above the
U.S. average for solar exposure.