Property Report for 1987 W Elk Loop, Somerset, CO 81434

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1987 W Elk Loop, Somerset, CO 81434
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Property Details
  • Property Address 1987 W Elk Loop, Somerset, CO 81434
  • County Gunnison
  • Parcel ID 318700000005
  • Legal description 31.64 ACRES IN SECTION 13, TOWNSHIP 13S, RANGE 91W
  • School district Delta County School District 50j
  • Acreage 31.64
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,012
  • Year built 1924
  • Bedrooms 1
  • Bathrooms

About the Property

1987 W Elk Loop is a single family residence in the city of Somerset, CO 81434. Located in the Delta County School District 50J, which resides in Gunnison County, CO and built in 1924. This Single Family Residence sits on a 1,378,238 sq ft lot and features 1 bedrooms and 1,012 sq ft of living space.

The most recent property tax for 1987 W Elk Loop was $1,678 with an estimated market value range of $683,510 to $755,459. This property was last sold on January 17, 2020 for $77,500.

Property Info

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Flood

Ownership

Land
  • Acres 31.64
  • Square Feet 1,378,238
Building
  • Units N/A
  • Year Built 1924
  • Effective Year Built 1962
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling N/A
  • Heating N/A
Interior
  • Square Footage
  • Living Area 1,012
  • Total Rooms N/A
  • Bedrooms 1
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Somerset Residential Market Stats

Median Sale Price $265,125
Median Price/sq ft. $206
Gunnison County Median Sale Price $265,125

See more Real Estate Trends for Somerset including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 1987 W Elk Loop, Somerset

Tax Year Taxes Tax Assesed Value Exemptions
2024 $1,678 (+5.7%) $33,750 (+12.3%)

2023 $1,588 (+16.7%) $30,060 (+26.7%)

2022 $1,360 (+1.4%) $23,720 (+90.5%)

2021

2020

2019

2018

Access Full Tax & Assessment History for 1987 W Elk Loop, Somerset. View Tax Information

Sales History for 1987 W Elk Loop, Somerset

The most recent sale on 1987 W Elk Loop took place on Jan 16, 2020 and recorded on Jan 17, 2020 for $77,500. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale Date Recorded Date Buyer(s) Seller(s) Price Document ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
Address Distance SqFt Sale Date Price $/SqFt
407 KING AVE 1.74 mi 864 07/18/2025 $126,000 $146
16 4TH ST 1.65 mi 1,017 11/01/2024 $130,000 $128
Active Mortgages and Equity Analysis
Date Recorded Position Original Amount Amortized Balance Loan Type Interest Rate Lender Lender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Total Estimated Debt

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Aug 19, 2025 Confidence Score: 95%
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Rental Value Estimate ATTOM
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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.