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550 2nd Avenue West

550 2nd Avenue West, Craig, CO 81625
Property in Moffat
Sold Jul 14, 2021
$211,900
$168,000 by Bank Of Colorado
Mortgage Due Aug 01, 2051
Sold Nov 27, 2006
$155,000
$31,000 by Ownit Mortgage Solutions Inc
Mortgage Due Dec 01, 2036
550 2nd Avenue West in Craig, CO was first built in 1945 and is 79 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 550 2nd Avenue West has 1,100 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 9,374 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of metal. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as fair. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 550 2nd Avenue West was last sold in Jul 8, 2021 for $211,900. According to our calculations, that's $192.64 per sqft. Prior to that sales transaction, the property was sold for $155,000 in Nov 22, 2006. Current property owners are expected to pay $1,249 in taxes per year. The property on 550 2nd Avenue West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $14,630. To break that down further, the land itself was valued at $1,860. While improvements to the property were assessed at a total of $12,770. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 2005
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,374
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,100
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRONTIER CITY
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: FRONTIER CITY LOT: 7 - 9 BLOCK: 3

Ownership

  • Current Owner : ERISMAN RONALD L
  • Current Owner 2: ERISMAN CAROL A
  • Previous Owner : MILLER W SAMUEL W
  • Previous Owner 2: MILLER ARLETA F
  • Owner Before Previous Owner: GUSTIN LONNIE
  • Owner Before Previous Owner 2: GUSTIN YVONNE

Neighborhood

  • School District Name: Moffat County School District RE-1
  • Census Tract: 000400

Geography

  • Account Number: R006265
  • District: 6573
  • Section: 54
  • Parcel: R006265
  • Block: 3
  • Lot: 7-9
  • Municipality: CITY OF CRAIG
  • Latitude: 40.5153
  • Longitude: -107.565

    Address

  • Full Address: 550 2nd Ave W
  • Address - House Number: 550
  • Street Segment Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Craig
  • Carrier Code: C006
  • 4-Digit Zip Code: 3302
  • Zip Code: 81625

Valuation

    Tax

  • Total Area: 1,992
  • Tax Year: 2023
  • Tax Amount: $1,249
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 308,399
  • High Value: 380,516
  • Low Value: 236,282

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: BANK OF COLORADO
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $210,458
  • Market Land Value: $26,719
  • Market Improvement Value: $183,739

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,630
  • Assessed Land Value: $1,860
  • Assessed Improvements Value: $12,770

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11842351489
  • Current Sale Price: $211,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20212613
  • Previous Sale Recording Date: Nov 27, 2006
  • Previous Sale Contract Date: Nov 22, 2006
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF COLORADO
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OWNIT MORTGAGE SOLUTIONS INC
  • Previous Mortgage Transaction Date: Nov 27, 2006
  • Previous Mortgage Loan Amount: $31,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone Second
  • Previous Mortgage Loan Due Date: Dec 01, 2036

About Craig



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Frequently Asked Questions

What neighborhood is 550 2nd Avenue West located in?
The 550 2nd Avenue West is a located in the neighborhood of Moffat in Craig, Craig.
What is the average sales price for listings in 550 2nd Avenue West?
The average sales price for units in 550 2nd Avenue West is $0 currently.

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