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Salida 81201
118 Mesa Dr
$780,000
● House - Off Market

118 Mesa Dr

Salida, CO 81201
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,455 Ft²
$831,927
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Convenient Mesa living on a quiet cul-de-sac in Mesa Village. Two story home with a finished basement. Impressive 2,455 square feet of finished living space. Three bedrooms, three and a half bathrooms, remodeled open kitchen/dining room with custom Alder cabinets, granite countertops, and stainless steel appliances. Three different living areas for privacy. Primary bedroom has an air-conditioning unit and primary bathroom has 2 spacious closets. Great room includes fieldstone wood-burning fireplace with mantle and vaulted 2-story ceilings. New laminate flooring upstairs and in the basement office. Tiled sunroom which leads to a covered patio. Two car attached garage. Fully-fenced rear yard, mature trees and landscaping. Sprinkler system.
Unit Size
2,455 Ft²
Days on Market
65 days
Land Size
0.17 acres
Price per sqft
$326
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 11 months ago (REcolorado MLS #6793775)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
May 29, 2022 Listed by Pinon Real Estate Group LLC $799,900
Listed by Pinon Real Estate Group LLC
Oct 24, 2016 Sold
Premium
Sold
May 1, 2013 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2014
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 25
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,782
  • Garage Type: 1
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MESA VILLAGE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • Legal Description 1: LOT 5 BLK 2 MESA VILLAGE SUB SALIDA REC 483478

Neighborhood

  • School District Name: Salida School District R-32
  • Census Tract: 000200

Geography

  • District: CH
  • Parcel: R368131406028
  • Block: 2
  • Lot: 5
  • Meridian: SEC 31 TWN 50N RNG 9E
  • Latitude: 38.5358
  • Longitude: -106.012

    Address

  • Full Address: 118 Mesa Dr
  • Address - House Number: 118
  • Address - Street Name: Mesa
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Salida
  • Carrier Code: C002
  • 4-Digit Zip Code: 1709
  • Zip Code: 81201

Valuation

    Tax

  • Total Area: 2,455
  • Tax Year: 2022
  • Tax Amount: $180,753
  • Tax Rate Code Area: 07

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 72
  • Final Value: 822,605
  • High Value: 991,707
  • Low Value: 653,502

    Market Valuation

  • Market Total Value: $545,327
  • Market Land Value: $102,179
  • Market Improvement Value: $443,148

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,900
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $30,800

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 483478
  • Previous Sale Recording Date: Oct 24, 2016
  • Previous Sale Contract Date: Oct 21, 2016
  • Previous Sale Amount: $407,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salida

Stats & Trends

Median Asking:

$724,250

Sale Price/ft²

$449

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1427 ft²

Average Home Age

51.1 years

Currently For Sale

84 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Kathleen Armstrong, Pinon Real Estate Group LLC
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 6793775
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 118 Mesa Drive built and last sold?
The property at 118 Mesa Drive was built in 1979 and last sold on Sep 26, 2022 for $780,000.
How much is this home worth?
The estimated value of the home located at 118 Mesa Drive is $0.
What are some comparable homes to 118 Mesa Drive?
There are currently no comparable homes to 118 Mesa Drive.
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