5 months on rocket

628 Water St, Lake City, CO, 81235

$450,000

Home List Price

$5,344*

Closing Credit

2 Bedrooms
1 Full Bath
896 SqFt
$502/SqFt
House

Location

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628 Water St, Lake City$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage
Garage2 spaces
Year Built1981
HeatingElectric, Baseboard, Fireplace(s)
CoolingCeiling Fan(s)
FireplaceDen/Family Room, Fireplace Blowers
ViewMountain(s)
MLS #814532
Lot Size0.21 Acres
StatusActive

About 628 Water St

Cute D-Log Cabin situated on 3 corner lots in the Ball Flats area of Lake City. The 896+/- sq. ft. cabin was originally constructed in 1981 and offers 2 bedrooms, 1 full bath, open kitchen/dining/living area, custom moss rock fireplace, electric baseboard heat, replaced original windows, covered front deck and partially covered back deck. The detached 24' x 32' 2-car oversized garage offers a workbench, bonus room with washer/dryer & pull out couch for extra guests, and is a great gathering place to enjoy a neighborhood fish fry with the bank of cabinets, countertop and kitchen sink. Please note that currently the isolated water/sewer lines to the unheated garage are not deep enough for winter use. The home will be sold fully furnished and ready to enjoy. Great location and within walking distance to the Lake Fork of the Gunnison River, 5th Street Pedestrian Bridge and downtown Lake City. Please contact broker to schedule your showing today.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, Cabin
  • Year Built: 1981
  • Stories: 1
  • Living Area: 896 SqFt

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: Jeff Worthen

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet-Partial, Linoleum
  • Interior: Window Coverings, Part Furnished, Ceiling Fan(s), W/D Hookup
  • Fireplace: Den/Family Room, Fireplace Blowers

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Covered Porch, Deck, Landscaping, Garage

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard, Fireplace(s)
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Gunnison Avenue (Highway 149) turn onto 8 1/2 Street bridge into the Ball Flats area. Turn right (south) onto Water Street, drive two blocks to 7th Street. Cabin will be at the SE corner of 7th and Water Street on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $502/SqFt

Tax Information:

  • Annual Amount: $932
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake City, CO.

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Lake City, CO

City

Med. List Price

$599K

Med. Price/SqFt

$377

Avg. Days On Market

101

628 Water St vs Lake City

166 DAYS ON ROCKET

+65 Days

$450,000

-$149K Less

$502/SqFt

+$124 More

KEY TAKEAWAY

This property is $149K less than the Median List Price and $124/SqFt more than other homes in Lake City, CO.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #814532

Listing Office:

  • Office Name: Hall Realty, Inc.
  • Listing Agent: Jeff Worthen

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: 11/21/2024, 12:20:51 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$932$16,300
2019$929$16,300
2018$948$16,410
2017$895$16,410

History based on county public records data.

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$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Nearby Schools

school-card-donut-284582
6
/10

  • Ridgway Elementary School

  • 1115 Clinton St

  • 26.11 miles

  • Public District Grades PK-5

school-card-donut-284583
8
/10

  • Telluride Intermediate School

  • 447 W Columbia Ave

  • 28.46 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,500. Typical income of Lake City, CO residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 628 Water St

What is the listing price of this property?

The listing price of 628 Water St property is $450,000.

What type of property is this?

The property 628 Water St is a house located in Lake City, Colorado, 81235.

Is this property for sale now?

Active Listing: 628 Water 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 $932 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 628 Water St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 628 Water St is 896 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 628 Water St is 1981.

Rocket Homes›Colorado›Hinsdale County›Lake City›81235›628 Water St

This home is located at 628 Water St in Lake City, CO and zip code 81235. This 896 square foot home, which was built in 1981, sits on a 0.21 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $450,000.

Between September 2024 and October 2024, Lake City, CO real estate market has seen increase in the number of listings by 15.4%. Listings spent 101 days on the market in October 2024, and had a median list price of $599,000 during the same period.

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

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