4 months on rocket

Backup Offers

312 1st St, Severance, CO, 80546

$1,075,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Baths
7,835 SqFt
$137/SqFt
Multi
Schools Nearby

Location

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312 1st St, Severance$1,075,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Parking220 Volts, Heated Garage, Insulated Garage, Oversized Door, RV Garage
Attached Garage17 spaces
Year Built1948
HeatingBaseboard, Heat Pump, Radiant
CoolingCentral Air, Other
ViewCity
MLS #4095418
Lot Size0.69 Acres
StatusAccepting Backup Offers
(Pending)

About 312 1st St

Live and work in this incredible mixed-use property on 1st street in the heart of Severance Colorado. This one of a kind property blends historical character with modern amenities. With three separate units, two residential and one industrial, this property will immediately generate income and provide long-term redevelopment potential. Main floor residential unit is 1BR, 2BA with full kitchen, office, washer/dryer hookups and spacious living area. Upstairs, a separate, modern studio apartment with kitchenette and updated 3/4 bath has a long history as a short term rental with over 260 occupied nights in 2023. Residential units share access to outdoor patio space with hot tub hookups, garden shed, and parking spaces for two RVs or travel trailers. The residential portion is separated from the industrial unit by a 2hr fire wall and a lobby/storage area with fire suppression system that protects the entire residential portion of the property. The Industrial unit totals 4,837SF of which, 3,570SF is a fully insulated and heated shop w/new 13ft overhead roll up door, overhead radiant heating, new lighting, and a private bathroom with shower. Entire building's insulation was updated w/closed cell foam. Stub ins for second bathroom are available. 400 amp electrical service is newly updated from recent tenant finish. 1,267SF of unconditioned storage space is immediately adjacent to main shop with an exterior 10ft overhead roll up door and interior access directly to main shop by man door. Industrial space includes 16,000SF fully fenced storage yard with access from both 3rd ave and 2nd st. Entire parcel consists of 8 city lots with an additional sewer drop on 3rd st for future building/development.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Living Area: 7,835 SqFt

Listing Office:

  • Office Name: RE/MAX Advanced Inc
  • Office Phone: (970) 281-5049, (970) 221-5995
  • Listing Agent: The Barefoot Team

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan(s), Entrance Foyer, In-Law Floor Plan, Utility Sink

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Garden, Private Yard

Parking Information:

  • Garage Space: 17 spaces
  • Attached Garage: Yes
  • Parking: 220 Volts, Heated Garage, Insulated Garage, Oversized Door, RV Garage

Lot Features

Lot Information:

  • Lot: Landscaped, Level, Sprinklers In Front, Split Possible
  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Heat Pump, Radiant
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • Windsor High School, Public District Grades 9-12
  • Severance Middle School, Public District Grades 6-8
  • Range View Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,075,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $2,794
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$475.7K

Med. Price/SqFt

$246

Avg. Days On Market

73

# of Sold Homes

18

312 1st St vs Severance

120 DAYS ON ROCKET

+47 Days

$1,075,000

+$599.2K More

$137/SqFt

-$110 Less

KEY TAKEAWAY

This property is $599.2K more than the Median Sold Price and $110/SqFt less than other homes in Severance, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #4095418

Listing Office:

  • Office Name: RE/MAX Advanced Inc
  • Office Phone: (970) 281-5049, (970) 221-5995
  • Listing Agent: The Barefoot Team

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Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 1:57:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 03, 2015Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,794$32,180
2019$2,107$45,190
2018$2,230$23,180
2017$2,042$23,180

History based on county public records data.

Payment Calculator

$5,433

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,289

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.

Elementary School

school-card-donut-6165275
5
/10
  • Range View Elementary School

  • 700 Ponderosa Dr

  • 0.88 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6165276
6
/10
  • Severance Middle School

  • 1801 Avery Plaza St

  • 2.01 miles

  • Public District Grades 6-8

High School

school-card-donut-6165277
6
/10
  • Windsor High School

  • 1100 Main St

  • 4.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,193. Most Severance, CO residents have annual incomes between $100k-200k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoWeld CountySeverance80546312 1st St

This home is located at 312 1st St in Severance, CO and zip code 80546. This 7,835 square foot home, which was built in 1948, sits on a 0.69 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,075,000.

In April 2024, from all listings sold in Severance, CO there were more than 10 sold above asking price, over 2 sold below and more than 6 were sold right at the asked price. Between March 2024 and April 2024, Severance, CO real estate market has seen increase in the number of listings by 11.1%. In April 2024 median list price was $475,706 and the average listing age was 73 days.

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

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