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11977 N HWY 285, Center, CO, 81125

5beds
5baths
1,638sqft
$325,000
$198price/sqft
$2,080/moest. monthly cost
$83,200/yrincome needed

About This Home

Amazing investment opportunity available! This great property offers 3 separate homes and 4 apartments. One home and several of the apartments currently have tenants living in them. Enjoy the opportunity for passive income while also securing a great primary residence! The apartments have one bedroom and one bathroom each. The main house is going though the process of being completely remodeled! The location is ideal and offers highway frontage on both the north and the east side. Don't miss out on this great property that truly has endless possibilities!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

3/10
Haskin Elementary SchoolGrades PK-52.0 mi
3/10
Skoglund Middle SchoolGrades 6-82.0 mi
3/10
Center High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Concrete/Block,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farm House
  • Property subType: Stick Built

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Carpet-Partial,Laminate

Interior Area

  • Total structure area: 1,638
  • Total interior livable area: 1,638 sqft

Property

Details

  • Parcel number: 1301100002

Features

  • Has view: Yes
  • View description: Mountain(s),Valley

Lot

  • Lot size: 2 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 1
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Drought
Inland Flooding
Winter Weather
Earthquake
Hail

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$132$1,584
Property Taxes $119$1,428
Electricity $186$2,232
Total$2,080$24,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,314/yr
40% on housing$62,400/yr
45% on housing$55,466/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$198This listing

vs Other Active Listings

Avg $/sqft

ZIP 81125$90
Rio Grande County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 81125
Rio Grande County$286

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-07-22Listed for sale$400,000

For Sale by Agent

AgentTate Huffaker
BrokerageSteffens and Company Realty, Inc

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