Check Availability

506 Cleveland Street

506 Cleveland Street, Sterling, CO 80751
House in Logan
Sold Jan 17, 2020
$168,000
$164,957 by Primary Residential Mortgage I
Mortgage Due Feb 01, 2050
Sold Apr 14, 2016
$34,000
506 Cleveland Street has been categorized by the local assessors in Sterling, CO as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 506 Cleveland Street has 1,164 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,358 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Jan 2, 2020 for $168,000. That's $144.33 per sqft. Prior to that sales transaction, the property was also sold in Apr 8, 2016 for $34,000. 506 Cleveland Street was last assessed in 2022. The total value of the property was assessed at $9,730. Specifically, the land the property is located on was valued at $930. While improvements on the property were assessed at a total of $8,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $561. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Bungalow
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 5,358
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,164
  • Building Area: 1,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,164
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BROADWAY ADDN
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLK 6 BROADWAY ADDN STERLING

Ownership

  • Current Owner : LOVELACE JESSE
  • Previous Owner : COLIN MARIO
  • Owner Before Previous Owner: AUSTIN JULIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Valley School District RE-1
  • School Tax School District: RE-1
  • Census Tract: 966200

Geography

  • Parcel: 6291000
  • Block: 6
  • Lot: 2
  • Municipality: STERLING
  • Latitude: 40.6363
  • Longitude: -103.206

    Address

  • Full Address: 506 Cleveland St
  • Address - House Number: 506
  • Address - Street Name: Cleveland
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C008
  • 4-Digit Zip Code: 2631
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 1,164
  • Tax Year: 2023
  • Tax Amount: $561
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2434
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 220,612
  • High Value: 274,331
  • Low Value: 166,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $164,957
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jan 17, 2020
  • First Open Lien Mortgage Loan Amount: $164,957
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $139,960
  • Market Land Value: $13,380
  • Market Improvement Value: $126,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,730
  • Assessed Land Value: $930
  • Assessed Improvements Value: $8,800

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Transaction ID: 11719915097
  • Current Sale Price: $168,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 747989
  • Previous Sale Recording Date: Apr 14, 2016
  • Previous Sale Contract Date: Apr 08, 2016
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jan 17, 2020
  • First Mortgage Loan Amount: $164,957
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About Sterling



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 618 Broadway Street, Sterling, CO, 80751

$1,895 /mo

  • 4 Beds
  • 2 Baths
618 Broadway Street, Sterling, CO, 80751 Listing by Manager

Frequently Asked Questions

What neighborhood is 506 Cleveland Street located in?
The 506 Cleveland Street is a house located in the neighborhood of Logan in Sterling, Sterling.
What is the average sales price for listings in 506 Cleveland Street?
The average sales price for units in 506 Cleveland Street is $0 currently.

Quantcast