12 days on rocket

315 S Race St, Fountain, CO, 80817

$539,000

Home List Price

$6,401*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
3,072 SqFt
$175/SqFt
House
Schools Nearby

Location

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315 S Race St, Fountain$539,000

Buyer Closing Credits

$6,401*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached GarageYes
Year Built1970
HeatingForced Air
CoolingNone
BasementYes
MLS #9385558
Lot Size0.35 Acres
StatusActive

About 315 S Race St

This exclusive Property in the heart of downtown Fountain boasts two separate properties and a 4-car garage/workshop on a 1/3 of an acre of land. It is ideal for someone who wants to live in the main house (2,112 sq ft) and rent out the cottage (960 sq ft) to pay for the majority of their mortgage, provide an additional income, or for an investor who wants to use the properties as a great source of rental income. The 4-car garage/workshop has full electricity and is also categorized as mixed-use zoning, so you could run a little business out of there as well! Both properties are "move-in ready" with new flooring, new kitchen cabinets, new kitchen countertops, new paint, new ceiling lights, and a brand new Rheem Platinum water heater which is extremely energy efficient. The furnace is also new and was installed at the end of October 2021. This great property opportunity is next to an elementary school and a middle school. They've been used as rentals since 2019 and have been extremely effective rental properties, they have been continuously in high demand. Come and see this great opportunity property, ideal for a growing family or an investor alike! Listed with HomeRise.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 3,072 SqFt

Listing Office:

  • Office Name: TRELORA Realty
  • Office Phone: (303) 886-3000
  • Listing Agent: Greg Hanson

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Fountain Middle School, Public District Grades 6-8
  • Aragon Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $1,241
  • Tax Year: 2020
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Housing Market Comparison

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

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Fountain, CO

City

Med. Sold Price

$440K

Med. Price/SqFt

$204

Avg. Days On Market

27

# of Sold Homes

19

315 S Race St vs Fountain

12 DAYS ON ROCKET

-15 Days

$539,000

+$99K More

$175/SqFt

-$29 Less

KEY TAKEAWAY

This property is $99K more than the Median Sold Price and $29/SqFt less than other homes in Fountain, CO.

Based on homes sold in May 2024

MLS Details

MLS Information:

  • MLS Number: #9385558

Listing Office:

  • Office Name: TRELORA Realty
  • Office Phone: (303) 886-3000
  • Listing Agent: Greg Hanson

IDX The real estate listing information and related content displayed on this site 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. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Copyright © 2024 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:55:36 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

Oct 02, 2019Home Sold
$285,000
Sep 03, 2015Home Sold
$238,000
Nov 12, 2004Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,241$23,070
2019$935$23,070
2018$924$17,110
2017$1,222$17,110

History based on county public records data.

Payment Calculator

$2,758

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,682

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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-7775797
4
/10

  • Aragon Elementary School

  • 211 S Main St

  • 0.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7775798
1
/10

  • Fountain Middle School

  • 515 N Santa Fe Ave

  • 0.48 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,463. Residents of Fountain, CO typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 315 S Race St

What is the listing price of this property?

The listing price of 315 S Race St property is $539,000.

What type of property is this?

The property 315 S Race St is a house located in Fountain, Colorado, 80817.

Is this property for sale now?

Active Listing: 315 S Race St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 315 S Race St are:
Aragon Elementary School: GreatSchools Rating 4/10
Fountain Middle School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,241 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2019 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 315 S Race St has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 315 S Race St is 3,072 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 315 S Race St is 1970.

Rocket Homes›Colorado›El Paso County›Fountain›80817›315 S Race St

This home is located at 315 S Race St in Fountain, CO and zip code 80817 in the Fountain Valley neighborhood. This 3,072 square foot home, which was built in 1970, sits on a 0.35 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $539,000.

In May 2024 more than 5 listings in Fountain, CO were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Fountain, CO between April 2024 and May 2024 increased by 82%. Listings spent 27 days on the market in May 2024, and had a median list price of $440,000 during the same period.

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

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