Address
1055 Griffith Ct, Estes Park, CO
Price
$ 1,550,000
Property Attributes
  • MLS#996279
  • TypeIncome
  • CountyLARIMER
  • CityEstes Park
  • AreaEstes Park
  • NeighborhoodFerguson
  • Zip80517
  • StyleRanch
  • Year Built2020
  • Taxes$ 2048
  • Price$ 1,550,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2297
  • Lot Size0.45 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

RARE duplex with the coveted EV-A1 zoning allowing both units to be used as short term rentals. Built in 2020, all ranch duplex on .45 acres with no HOA nor onsite manager. Ample parking, each side has W/D, and each bedroom has own bath. New owner can self manage or hire any manager. Currently, only the east unit is a STR and comes fully furnished. First booking was May of 2023 and quickly scored 4.96 star Superhost status with 26 reviews. West unit is a long term rental with lease expiration in May 2024. With no STR rental history, Income and Expenses posted on MLS are estimated based upon both units as STRs with a 30% management fee.

Elementary School Middle School High School
Estes Park Elementary School Estes Park Middle School Estes Park High School
Price History
9/14/2023 Listed $1,550,000

General Features

Accessibility Level Lot
Appliances Dishwasher, Refrigerator, Washer, Dryer, Microwave
Architectural Style Ranch
Association Y/N No
Attached Garage No
Basement None
Cap Rate 4.08
City Estes Park
Construction Materials Wood/Frame
Cooling Ceiling Fan(s)
County Larimer
Days on Market 7
Electric Electric, Town of Estes
Elementary School Estes Park
Exclusions Tenant's personal property
Exterior Features Gas Grill
Garage Y/N No
Gross Income 110000
Heating Baseboard
High School Estes Park
High School District Estes Park District
Land Lease Y/N No
Lot Size Square Feet 19460
MLS Area Estes Park
Middle/Junior High School Estes Park
Net Operating Income 63351.62
New Construction No
Operating Expense 46648.38
Patio/Porch Features Patio
Possible Use Multi-Family, Commercial or Industrial
Property Attached Y/N No
Property Condition Not New, Previously Owned
Property SubType Income Property
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer City Sewer
Standard Status Active
Status Active
Stories 1
Street Name Griffith
Subdivision Name Ferguson
Tax Annual Amount 2048.38
Tax Year 2022
Tenant Pays Deposit
Total Units 2
Utilities Electricity Available
View Foothills View
Waterfront Y/N No
Year Built 2020
Zoning EV A1

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Heating Y/N Yes
Living Area Units Square Feet
Livingareasource Plans
Street Suffix Ct
Total Baths 5
Total Bedrooms 5

Exterior Features

Horse Y/N No
Lot Features Fire Hydrant within 500 Feet
Lot Size Acres 0.45
Lot Size Area 19460
Lot Size Units Square Feet
Other Parking Parking Per Unit(2 Spaces/Unit)
Road Frontage Type County Road
Road Surface Type Dirt
Spa No
Water Source City Water, Town of Estes Park

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80517

Price
AVG $1.55M
$1.55M
Taxes
AVG $2,048
$2,048
Visits
AVG 7
6
Year Built
AVG 2020
2020