Active

$495,000

For sale

503 Di••••• St (Sign up for 50 free credits to unlock)Lamar, CO 81052

3Beds

2Baths

2,306Sq Ft Living

217,800Sq Ft Lot

1935Year Built

Property Description

"Investor's Special" If you are an investor or an entrepreneur, this property may be the one for you! This single-family residence comes with a 46-space mobile home park on 5 acres in city limits. Currently, there are 2 spaces being leased. The spaces were designed for a 12 x 60 mobile home. This property could be converted into an RV Park with the potential of 48+ spaces. The infrastructure includes electrical, water, gas and sewer lines. There is a designated playground, and the stick-built house could be a residence/office for the park manager. There are many possibilities for this property - storage, subdivision, etc. Please respect the current owners and do not drive through

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: Feb 1, 2025
Price per Sq Ft: $215/sqft
ZIP Code: 81052
Full Baths: 2
Parking: 2 Car Carport Detached
Heating: Natural Gas, Forced Air, Wall Furnace
Cooling: Refrigerated Central Air
Construction: Frame, Stucco, Copper Plumbing
Style: Ranch
Property Tax (2025): $929/yr
Assessed Value: $12,195
County: Prowers
School District: Lamar Re-2 School District

Estimated Value

$458,300Range $136,100 to $535,269

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 3
Primary Bedroom Dimensions: 10.5' x 13'
Bedroom 2 Dimensions: 13' x 12.5'
Primary Bedroom Level: Main
Bedroom 2 Level: Basement

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Farm Info

Irrigation Water Rights: No

Land Info

Lot Size Acres: 5.0
Lot Size Square Feet: 217800

Utilities

Electric: LamarElec
Sewer: Public Sewer
Water Source: Public

Appliances

Dishwasher
Refrigerator
Gas Range Oven
Trash Compactor
Freezer
Laundry Features: Basement

Other Rooms

Basement Features: Full
Extra Room-1 Dimensions: 11' x 10'
Family Room Dimensions: 21' x 15'
Living Room Dimensions: 29' x 15'
Basement Sqft: 984
Extra Room-1 Level: Main
Family Room Level: Basement
Living Room Level: Main
Living Room Description: Carpet

Pool and Spa

Spa: No

Interior Features

Ceiling Fan(s)
Walk-in Shower
Flooring: Bedroom2 Flooring: Carpet
Window Features: Single Pane, Wood Frames, Window Coverings

Garage and Parking

Carport Spaces: 2
Covered Spaces: 2
Parking Features: 2 Car Carport Detached
Parking Total: 2

Kitchen and Dining

Kitchen Dimensions: 8' x 12'
Kitchen Level: Main

School Information

Elementary School: RE-2
High School: RE-2
Middle School: RE-2

Heating and Cooling

Cooling Features: Refrigerated Central Air
Fireplace Features: Wood Burning Stove, Living Room
Heating Features: Natural Gas, Forced Air, Wall Furnace
Heating: Yes
Water Heaters: Electric

Other Property Info

Annual Tax Amount: 630
Source Listing Status: Active
County: Prowers
Tax Year: 2024
Area: Arkansas Valley
Source Neighborhood: Lamar
Parcel Number: 0263052030
Subdivision: Lamar
Zoning: MH
Property Subtype: Single Family Residence

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Building and Construction

Total Square Feet Living: 2306
Year Built: 1935
Above Grade Finished Area: 1322
BelowGradeFinishedArea: 984
Building Area Total: 2306
Construction Materials: Frame, Stucco, Copper Plumbing
Property Age: 91
Roof: Composition
Structure Type: Site Built
Total Above Grade Sqft Area: 1322
Total Area Lower: 0
Total Area Main: 1322
Total Area Sqft: 2306
Total Area Upper: 0
Total Below Grade Area: 984
Architectural Style: Ranch

Price & Event History

Date	Event	Price	$/Sq Ft
Apr 30, 2025	Price Changed	$495,000	$215
Feb 11, 2025	Price Changed	$549,000	$238
Feb 1, 2025	Listed	$699,000	$303

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$929	$12,195	$4,213	$7,982	$195,107
2024	$630	$12,195	$4,213	$7,982	$195,107
2023	$623	$8,683	$3,171	$5,512	$129,596
2022	$841	$11,908	$4,684	$7,224	$171,336
2021	$851	$12,250	$4,819	$7,431	$171,336
2020	$671	$9,756	$4,819	$4,937	$136,453
2019	$671	$9,756	$4,819	$4,937	$136,453
2018	$675	$9,750	$4,853	$4,897	$135,408
2017	$635	$9,750	$4,853	$4,897	$135,408
2016	$694	$10,651	$5,365	$5,286	$133,804
2015	$693	$10,651	$5,365	$5,286	$133,804
2014	$686	$10,534	$5,365	$5,169	$132,342

Nearby Schools

1/10
Parkview Elementary School
Public · Elementary · Grades 3-5
0.5 mi
4/10
Lamar Middle School
Public · Middle · Grades 6-8
0.6 mi
7/10
Lamar High School
Public · High · Grades 9-12
1.4 mi
NR
Cornerstone Christian Academy
Private · Elementary, Middle, High · Grades K-12
0.5 mi