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Pierce 80650
516 W Main Ave
$351,000
● House - Off Market

516 W Main Ave

Pierce, CO 80650
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,262 Ft²
$1,833
Est. Monthly

About This Property

Peaceful Small Town Living in this Historic Ag Community. Bi-Level design perfect as an investment or your growing family = No "Dark" basements :). 2 Beds - 1 Bath Upper & 2 Beds - 1 Bath Lower. Huge Backyard ready for your green thumb & Vision w/ Fenced Dog Run & Storage Shed. HUGE Raised Deck off Kitchen area., Covered Porch area at yard level. All New Interior Paint, Updated throughout. Beautiful New Elementary School in 2027. Soccer Field & Basketball within walking distance. If you visit us, I think you'll find a great value, a move in ready home, and a quiet and lovely community for you & yours!
Unit Size
1,262 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$273
Property Type
House
Property Taxes
$138
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 6 months ago (IRES MLS #IRE1054125)

Price History

Date / Event Date Event Price
Apr 20, 2026 Sold
Premium
Sold
Mar 25, 2026 In contract -
In contract
Mar 18, 2026 Listed $345,000
Listed
Nov 18, 2020 No longer available -
No longer available
Nov 17, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 768
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 60
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,280
  • Total Building Area: 1,850
  • Gross Building Area: 1,850
  • Building Area: 1,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GUNTER SUB
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: PIE GS-3 L3 GUNTER SUB

Neighborhood

  • School District Name: Ault-Highland School District RE-9
  • Census Tract: 002300

Geography

  • Assessors Map Reference: MAP 1219
  • Account Number: R0673986
  • Parcel: R0673986
  • Lot: 3
  • Meridian: SEC 27 TWN 8N RNG 66W
  • Latitude: 40.6352
  • Longitude: -104.76

    Address

  • Full Address: 516 W Main Ave
  • Address - House Number: 516
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Pierce
  • Carrier Code: R777
  • 4-Digit Zip Code: 5012
  • Zip Code: 80650

Valuation

    Tax

  • Total Area: 1,562
  • Tax Year: 2023
  • Tax Amount: $115,708
  • Tax Rate Code Area: 0940

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 369,009
  • High Value: 423,191
  • Low Value: 314,828

    Market Valuation

  • Market Total Value: $326,602
  • Market Land Value: $39,904
  • Market Improvement Value: $286,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,880
  • Assessed Land Value: $2,670
  • Assessed Improvements Value: $19,210

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4651986
  • Previous Sale Recording Date: Jul 15, 2014
  • Previous Sale Contract Date: Jul 09, 2014
  • Previous Sale Amount: $100,000
  • 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 Pierce

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1809 ft²

Average Home Age

39 years

Currently For Sale

11 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

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IRES

Listed by: Andy Burnett,
Last Updated: 6 months ago
Data Source: IRES MLS, MLS# IRE1054125
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Frequently Asked Questions

When was property at 516 West Main Avenue built and last sold?
The property at 516 West Main Avenue was built in 1975 and last sold on Nov 16, 2020 for $283,000.
How much is this home worth?
The estimated value of the home located at 516 West Main Avenue is $0.
What are some comparable homes to 516 West Main Avenue?
There are currently no comparable homes to 516 West Main Avenue.
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