322 Grand Ave, Paonia, CO 81428
SOLDJAN 3, 2024

322 Grand Ave
Paonia, CO 81428

  • 6 Beds
  • 3 Baths
  • 2,546 sqft
  • 6 Beds
  • 3 Baths
  • 2,546 sqft

$525,000

Last Sold: Jan 3, 2024
$206/sqft
Est. Refi. Payment $3,006/mo*

Homes for Sale Near 322 Grand Ave

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from January 04, 2024
Nicely remodeled and cared for 2 story tri-plex in downtown Paonia. Walking distance to everything. 3 units with 2 on main level and one on upper level. Unit A (main level front) 1 bedroom, 1 bath, range, refrigerator, microwave included; Unit B (main level rear), 2 bedrooms, 3/4 bath, laundry room, range, refrigerator, washer and dryer included; Upper Unit: 3 bedrooms, 1 full bath, covered balcony overlooking Grand Avenue, range, dishwasher and refrigerator included. Units are separately metered for gas and electric (tenant pays), tenants pay $20/mo each for Elevate high speed internet, Seller pays water and sewer. Good cash flow (APOD available on Assoc docs). Currently managed by Cathy Smith Property Management (cap rate calculated with no property management expense). Back garage/storage building could be potential additional income. Owner improvements include exterior paint, new roof on garage, interior paint 2016, new kitchen and bath in Unit B, substantial window replacement in 2016. New flooring in Unit B, new bath and furnace in Upper Unit. Excellent and rare opportunity for multi-family income in Paonia, or live in one and rent the other two for additional income

Home Highlights

Parking
No Info
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$206/sqft
Listed
164 days ago

Home Details for 322 Grand Ave

Interior Features

Interior Details
Basement: Partial,Concrete
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3
Appliances & Utilities
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Electric,Forced Air,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: NoneFloors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: Asphalt CompositionPatio / Porch: Covered, DeckOther Structures: OutbuildingFoundation: Basement
Frontage
Road Frontage: City Street
Water & Sewer
Sewer: Connected
Surface & Elevation
Elevation: 5800Elevation: 5800

Property Information

Year Built
Year Built: 1898Year Renovated: 2016
Property Type / Style
Property Type: ResidentialProperty Subtype: Triplex, Multi FamilyArchitecture: Two Story
Building
Construction Materials: Wood Siding, Wood Frame
Property Information
Parcel Number: 324506113013

Price & Status

Price
List Price: $525,000Price Per Sqft: $206/sqft
Status Change & Dates
Off Market Date: Wed Jan 03 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: PaoniaCommunity: None
School Information
Elementary School: Open EnrollmentJr High / Middle School: Open EnrollementHigh School: Open Enrollment

Building

Building Area
Building Area: 2546 Square Feet

HOA

HOA Fee Includes: None

Lot Information

Lot Area: 6098.4 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %Transaction Broker Commission: 2.5
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 20234938Living Area Range Units: Square Feet

Additional Information

HOA Amenities: None
Last check for updates: about 21 hours ago
Listed by RE/MAX MOUNTAIN WEST
Bought with: (970) 243-3322, GRAND JUNCTION AREA REALTOR ASSOC
Source: GJARA, MLS#20234938

Price History for 322 Grand Ave

DatePriceEventSource
01/03/2024$525,000Sold
GJARA #20234938
11/17/2023$525,000PendingGJARA #20234938
11/17/2023$525,000ContingentCREN #809361
11/16/2023$525,000Listed For SaleCREN #809361

Assigned Schools

These are the assigned schools for 322 Grand Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Paonia

  • Charlie J.
    "Great rural town friendly and welcoming great areas to hike and fish Place great for gardening Good water "
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  • Duncan I. B.
    "I don’t know, man. Music in the park four weeks a year. People are cool and really friendly. It’s absurdly safe. Never lock my door. Leave my keys in car. It’s great. Don’t come"
    1
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  • Zoe Boren
    "Very friendly small town. Lots of local stores. Only fast food places are Subway and Stop N Save. Everything in the area is in walking distance."
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  • William F.
    "I love this town and neighborhood. There are so many great things that Paonia has to offer. Schools are great and check out Big B’s!"
    1
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  • Tara M.
    "We have lots of music festivals and local musicians and shows. During the summer there is Cherry Days and parade through town. High School sports is also a big thing.... love Friday night football. The whole town comes. "
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LGBTQ Local Legal Protections

IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 322 Grand Ave

Off Market Homes Near 322 Grand Ave

322 Grand Ave, Paonia, CO 81428 is a 6 bedroom, 3 bathroom, 2,546 sqft multi-family built in 1898. This property is not currently available for sale. 322 Grand Ave was last sold on Jan 3, 2024 for $525,000 (0% higher than the asking price of $525,000). The current Trulia Estimate for 322 Grand Ave is $528,400.