Movoto Real Estate
Sold on 05/16/2016

501 1st St, Pierce, CO 80650

$400,000

Last sold 05/16/2016 for $125K

  • —

    bed

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    bath

Multi-family not for sale

About 501 1st St

Property type Multi-family
Year built 1957
HOA fee $0/month
Lot size 10,454 Sqft
Movoto estimate
Property description
Cute residential/commercial property. Great investment opportunity. Property is occupied by tenant who is running great little shop in show room space. Please do not disturb tenant without pre-appoval. Current tenant lease in place through August 2017 and paying $1300/month. See supplements for detailed info about Pierce zoning ordinance. Town of Pierce requires this to a live/work situation. Please contact agent for more details and before going to property to view it.
Listed by
Listing Agent - Lawrence Moskow
Listing Agent Contact: 3037224900
Listing Office - Parkside Realty and Management
Source: IRESMLS mls logo
MLS#785891 • last updated 11 months ago
Movoto checked IRESMLS for data 21 minutes ago
Overview
Cooling/AC Evaporative Cooling
Heating Forced Air
Levels/Style One
MLS # 785891
Type Residential Income
Status Sold
SubType Single Family Residence
Lot Size (Acres) 0.24
Annual Tax 488
Interior
Basement Unfinished
Exterior
Roof Composition
Construction Stucco
Lot Features House Faces East
Fencing Partial, Wood
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Water Source City
Appliances Some Appliances
Location
County Weld
Subdivision Pierce 1st Add
Middle School Highland
High School District Ault-Highland RE-9
APN R0676886
Directions US 85 To Pierce, West On Main St, SW Corner Of 1st And Main St.
Multifamily Details
Tenant Pays Gas, Electricity, Water
Total # of Units 1
Cap Rate 8.35
Operating Expense 4000
Income Includes Lease/Rents
Gross Income 15600
Lot/ Land Details
Possible Use Single Family, Business, Commercial, Industrial
Road Frontage City Street
$400K
Range: $320K-$480K
Last 30 days 
  • May 2016
    mls logo MLS # 785891
  • May 16, 2016 Sold
    $125,000 (-10.1%)
  • Mar 16, 2016 Listed
    $139,000 (+11.2%)
  • Dec 2014
    mls logo MLS # 752135
  • Dec 11, 2014 Listed
    $125,000 (+92.3%)
  • Jan 2014
    mls logo MLS # 719435
  • Jan 17, 2014 Sold
    $65,000 (-10.8%)
  • Nov 29, 2013 Price Change
    $72,900 (-14.7%)
  • Oct 28, 2013 Price Change
    $85,500 (-12.0%)
  • Sep 17, 2013 Listed
    $97,125
  • Year Property taxes Tax assessment
  • 2025
    $3,441 +21.3%
    $43,000
  • 2024
    $2,836 +21.6%
    $43,000 -12.1%
  • 2023
    $2,333 -4.1%
    $48,920 +33.12%
  • 2022
    $2,433 -3.4%
    $36,750 -1.18%
  • 2021
    $2,518 +64.4%
    $37,190
  • 2020
    $1,531 -5.0%
    $37,190 +63.83%
  • 2019
    $1,611
    $22,700
  • 501 1st St
    $125K
  • —
  • 80650
    $465K -35% y/y
  • Pierce
    $465K -35% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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