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Sterling 80751
523 Chestnut St
$170,000
● House - For Sale

523 Chestnut St

Sterling, CO 80751
bedrooms
2 Beds
bathrooms
1 Bath
square feet
971 Ft²
$893
Est. Monthly

About This Property

Recently renovated home with adorable front porch, two main-level bedrooms, spacious kitchen with granite countertops, fenced-in back yard, and two detached garages. Call to see it today! Managed by RAINE COMPANIES. To submit offers, visit HudHomeStore.gov. HUD Case # 053-126724.HUD homes are sold AS-IS.
Unit Size
971 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$175
Property Type
House
Property Taxes
$58
HOA Dues
-
Year Built
1910

Listed By

Adriana Otero
Best Life Realty

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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: 10 months ago (IRES MLS #1048683)

Price History

Date / Event Date Event Price
Dec 22, 2025 Listed by Best Life Realty $170,000
Listed by Best Life Realty
Jun 17, 2022 Sold
Premium
Sold
Mar 3, 2022 Listed by Best Life Realty $220,000
Listed by Best Life Realty
Jul 2, 2018 Sold
Premium
Sold
Nov 2, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: High Speed Internet, Eat-in Kitchen, Satellite Avail
Basement: None, Crawl Space
Exterior Details
Square Footage: 971
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1910
Building Area Total: 971
Levels: One
Construction Materials: Metal Siding, Wood/Frame
Lot Features: Curbs, Gutters, Sidewalks
Lot Size Area: 9500
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9500
Water Source: City Water, City of Sterling
Financial Details
Tax Annual Amount: $692
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Heating Type: Forced Air
Sewer : City Sewer

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,496
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 500
  • Total Building Area: 971
  • Building Area: 971
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 971
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: K & S ADDN ORIGINAL
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: W1/2 LOT 6 BLK 32 K&S ADDN STERLING

Neighborhood

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

Geography

  • Parcel: 5977000
  • Block: 32
  • Lot: 6
  • Municipality: STERLING
  • Latitude: 40.6277
  • Longitude: -103.211

    Address

  • Full Address: 523 Chestnut St
  • Address - House Number: 523
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: CO
  • City Name: Sterling
  • Carrier Code: C004
  • 4-Digit Zip Code: 3351
  • Zip Code: 80751

Valuation

    Tax

  • Total Area: 950
  • Tax Year: 2023
  • Tax Amount: $59,290
  • Tax Rate Code Area: 117

    Appraisal Valuation

  • Standard Deviation: 0.2536
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 219,266
  • High Value: 274,875
  • Low Value: 163,658

    Market Valuation

  • Market Total Value: $145,960
  • Market Land Value: $35,630
  • Market Improvement Value: $110,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,150
  • Assessed Land Value: $2,480
  • Assessed Improvements Value: $7,670

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 761984
  • Previous Sale Recording Date: Jul 02, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 68
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 Sterling

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$166

Above Asking

7.49%

Average Days on Market

64

Average Home Size

1445 ft²

Average Home Age

84.9 years

Currently For Sale

105 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: Adriana Otero, Best Life Realty
Last Updated: 10 months ago
Data Source: IRES MLS, MLS# 1048683
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 523 Chestnut Street built and last sold?
The property at 523 Chestnut Street was built in 1910 and last sold on Jun 15, 2022 for $227,000.
How much is this home worth?
The estimated value of the home located at 523 Chestnut Street is $172,199.
What are some comparable homes to 523 Chestnut Street?
There are currently no comparable homes to 523 Chestnut Street.
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