$149,000

407 King Ave Somerset, CO 81434

$1,769
Closing credit¹
2 beds
1 full
864 sqft
0.1 acres
$172 / sqft
House

Property details

About 407 King Ave

Cozy Somerset Home by the North Fork of the Gunnison River Nestled in the charming town of Somerset, this two-bedroom, one-bathroom home offers comfort, character, and an unbeatable location—just across the street from the North Fork of the Gunnison River. Enjoy peaceful small-town living with the beauty of nature right outside your door and easy access to the Gunnison National Forest just up the highway. The home features a functional layout with an additional attic space perfect for storage or a creative retreat. A spacious laundry/mudroom adds convenience, and the fenced yard offers room for your dog and area to garden or relax. Tucked just off the highway, the property combines accessibility with a quieter setting. With a strong rental history, this is a great investment opportunity—or make it your own home and experience life in one of Colorado’s last true small towns. Appliances included but not warranted. Home "As Is".

Highlights

Home typeSingle Family Residence
HeatingPropane, Forced Air
StatusActive
Size864 sqft
BasementYes
Lot size0.126 Acres
Year built1926
MLS #823102
FireplaceLiving Room

Summary

  • MLS Number: 823102
  • Office Name: Paonia Realty LLC
  • Listing Agent: Katherine Linehan

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Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 4/28/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space with metal roof and fence

$149,000

407 King Ave

$1,769

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 30, 2021
Home Sold
$80,000
Jan 02, 2013
Home Sold
$54,900

Tax history

YearAssessmentProperty Tax
2023$2,930$154
2022$4,940$283
2021$5,080$279
2020$3,390$190
2019$3,390$184
2018$2,360$130
2017$2,360$140

History based on county public records data.

Nearby schools

7

Paonia Elementary School

Public District PK-6

7.8 mi

430 Box Elder Ave

5

Cedaredge Elementary School

Public District KG-5

24.6 mi

380 N Grand Mesa Dr

9

Crested Butte Community School

Public District KG-5

26.8 mi

818 Red Lady Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,842. Residents of Somerset, CO typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
56%
35k-100k
14%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
4%
Single, with Kids
40%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
15%
18-34 yrs old
54%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 407 King Ave

This home is located at 407 King Ave in Somerset, CO and zip code 81434. This 864 square foot home, which was built in 1926, sits on a 0.13 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $149,000.

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

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