8 months on rocket

407 S Loma St, Creede, CO, 81130

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,464 SqFt
$223/SqFt
House

Location

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407 S Loma St, Creede$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage
Garage2 spaces
Year Built1967
HeatingElectric, Wood, Baseboard, Wood Stove
FireplaceWoodstove
ViewMountain(s)
MLS #812402
Lot Size0.67 Acres
StatusActive

About 407 S Loma St

This well loved 3 bedroom 2.5 bath family home in Downtown Creede offers a unique lifestyle. Being off Main Street affords the perfect balance of convenience and privacy. With architecture that reflects the town's mining history, custom wood details throughout, and two heating stoves, you'll find plenty of cozy spaces to settle right into, or you could update the home according to your taste. The lot size has potential for versatile uses beyond the immediate residential space. Having an enclosed side yard with a storage shed and greenhouse provides opportunities for gardening, relaxation, or hobby activities. It's a fantastic feature for folks who both enjoy the "town life" but also want to spend time outdoors. In addition to attached covered parking for 4 vehicles, the detached garage shop is a versatile space that can accommodate various needs, from woodworking to car maintenance, with an added bonus of a wood-burning stove that makes it functional all year long. There is room to expand the house, add additional buildings, or the property can be enjoyed as-is. There aren't many large, partially developed properties left inside the city limits, so you don't want to miss this one! If you wanted to use the property for commercial use, a request could be made through the city to rezone the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Split-Level
  • Year Built: 1967
  • Stories: 2
  • Living Area: 2,464 SqFt

Listing Office:

  • Office Name: Rincon Real Estate
  • Listing Agent: Lisa Ebeler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Exhaust Fan, Microwave, Range, Oven, Refrigerator
  • Basement: No
  • Flooring Type: Carpet-Partial, Linoleum
  • Interior: Wood Stove, Walk In Closet, Mud Room, Heated Garage
  • Fireplace: Woodstove

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Covered Porch, Shed/Storage, Garage, Greenhouse, Shed

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.67 Acres

Utilities

Utilities Information:

  • Heating: Electric, Wood, Baseboard, Wood Stove

Other

Directions Information:

  • Directions: Coming from South Fork, follow CO-149 into Creede, turn left at Downstream Gas, continue straight thru the intersection. At the stop sign, take a right onto Rio Grande Lane, Rio Grande Lane becomes S. Loma street, the home will be the first house on your left. From Lake City, follow CO-149 past airport corner, then take a left onto Rio Grande Lane. Rio Grande Lane becomes S. Loma Street, the home will be the first house on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $223/SqFt

Tax Information:

  • Annual Amount: $1,253
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Creede, CO.

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Creede, CO

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$386

Avg. Days On Market

189

# of Sold Homes

1

407 S Loma St vs Creede

255 DAYS ON ROCKET

+66 Days

$550,000

-$475K Less

$223/SqFt

-$164 Less

KEY TAKEAWAY

This property is $475K less than the Median Sold Price and $164/SqFt less than other homes in Creede, CO.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #812402

Listing Office:

  • Office Name: Rincon Real Estate
  • Listing Agent: Lisa Ebeler

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This 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. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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COPYRIGHT (2024) by COLORADO REAL ESTATE NETWORK, 121 N PARK AVENUE, SUITE# 4, MONTROSE, CO 81401 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

Real Estate listings held by companies other than this brokerage contain that company's name.

Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,253$14,471
2019$1,253$14,471
2017$1,194$13,778

History based on county public records data.

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$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

We're sorry, we currently don't have elementary school data for this listing.

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,500. The majority of Creede, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 S Loma St

What is the listing price of this property?

The listing price of 407 S Loma St property is $550,000.

What type of property is this?

The property 407 S Loma St is a house located in Creede, Colorado, 81130.

Is this property for sale now?

Active Listing: 407 S Loma St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,253 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 407 S Loma St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 407 S Loma St is 2,464 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 S Loma St is 1967.

Rocket Homes›Colorado›Mineral County›Creede›81130›407 S Loma St

This home is located at 407 S Loma St in Creede, CO and zip code 81130. This 2,464 square foot home, which was built in 1967, sits on a 0.67 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $550,000.

In November 2024, from all listings sold in Creede, CO there were more than 0 sold above asking price, over 1 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Creede, CO decreased by 12.5% between October 2024 and November 2024. In November 2024, listings were on the market for 189 days. During the same period, the median list price in this real estate market was $1,025,000.

From Rocket Homes Real Estate and based on county public records data.

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