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506 Petroleum Ave

Florence, CO 81226

2 bd 1 ba 1,125 sqft Built 1900 Lot 3,485 sqft single_family
Most recent sale
$231,875
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $231,875 Public Record
Jul 19, 2022 Sold $231,875 RoyalGorge
Jun 23, 2022 Price changed $233,000 MLS #66622
Jun 7, 2022 Price changed $235,000 MLS #66622
Apr 30, 2022 Listed $225,000 MLS #66622
Sep 5, 2017 Sold $135,000 Public Record
Aug 31, 2017 Sold $135,000 RoyalGorge
Jul 17, 2017 Listed $135,000 MLS #57189
Mar 2, 2015 Sold $78,500 Public Record
Feb 28, 2015 Listing removed $85,900 RoyalGorge
Feb 6, 2015 Price changed $85,900 MLS #51078
Dec 4, 2014 Price changed $87,500 MLS #51078
Nov 19, 2014 Listed $92,500 MLS #51078
Feb 13, 2014 Sold $35,500 Public Record
Feb 12, 2014 Sold $35,500 RoyalGorge
Jan 2, 2014 Price changed $39,600 MLS #48445
Dec 2, 2013 Price changed $46,800 MLS #48445
Nov 7, 2013 Price changed $54,000 MLS #48445
Oct 3, 2013 Price changed $63,400 MLS #48445
Aug 16, 2013 Listed $72,000 MLS #48445
Jul 22, 2013 Sold $87,126 Public Record
Feb 6, 2008 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $9,846 $665
2019 $9,846 $671
2018 $7,640 $515
2017 $5,298 $364
2016 $5,280 $360
2015 $5,280 $356
2014 $4,760 $326
2013 $4,760 $324
2012 $4,346 $446 $4,792 $631
2011 $4,346 $446 $4,792 $355
2010 $4,346 $446 $4,792 $332
2009 $4,478 $446 $4,924 $338
2008 $4,478 $446 $4,924 $349
2007 $4,655 $446 $5,101 $344

Property facts

Year built
1900
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,125 sqft
Lot size
3,485 sqft
ZIP code
81226
City
Florence
Street
Petroleum Ave
Coordinates
38.39399, -105.11456

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,363
Gross rental yield
12.23%
Implied cap rate
7.95%
Trend-extrapolated value

Frequently asked questions

When did 506 Petroleum Ave last sell?
506 Petroleum Ave most recently sold on Jul 20, 2022 for $231,875.
What is the current tax assessment for 506 Petroleum Ave?
The most recent total assessment for 506 Petroleum Ave (year 2020) is $9,846 with $665 in property tax.
How does 506 Petroleum Ave's assessment compare to its last sale price?
The current assessment is 95.8% below the last sale price of $231,875.
When was 506 Petroleum Ave built?
506 Petroleum Ave was built in 1900.
How does 506 Petroleum Ave compare to others on Petroleum Ave?
We track 8 other properties on Petroleum Ave. Browse the list under "Other properties on Petroleum Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Petroleum Ave?
506 Petroleum Ave is a 2 bed, 1 bath, 1,125 sqft, 3,485 sqft lot single_family.
Is 506 Petroleum Ave a flip candidate?
No — 506 Petroleum Ave does not appear in our flips dataset.
Is 506 Petroleum Ave a tax-appeal candidate?
No — 506 Petroleum Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.0%
2026 Q3
$261K
2026 Q4
$252.2K
ZIP 81226 — Median Price History + Forecast

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