NOT LISTED FOR SALE

Estimated Value: $1,464,000 - $1,887,000

0.13 Acre
$12,744,315 Price per Acre
5,649 Sq Ft Lot

Last Sold January 12, 2016

Last sale price $185,000

Est. 796% increase in value since last sale

Current estimated payment $9,770/month

274 Days on Market

Highlights

  • Community Playground
  • Park
  • Satellite Dish
  • Niwot High School Rated A
  • High Speed Internet
  • Level Lot

About This Lot

As of January 2016

Build-to-suit Single Family lot, with optional ADU,in a colorful and inviting New Urbanist community---one of America's coolest neighborhoods with walk-to convenience to restaurants, shopping and parks. Bring your own builder and plans to be reviewed by Architectural Review Committee or build/design with Markel Homes. LOT MEASUREMENTS: Front (NW) 42.97'; Back (SE)51.07'; Side (SW) 99.27'; Side (NE) 100'. Lot is 5,714 square feet.

Last Agent to Sell the Property

Marlita Lazo

Markel Homes Listed on: 03/04/2015

Last Buyer's Agent

Chad Smith

RE/MAX Alliance-Lsvl

RE/MAX Alliance-Lsvl

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $322

Lot Details

  • 5,649 Sq Ft Lot
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • Alley Access

Location

  • Mineral Rights Excluded

Schools

  • Burlington Elementary School
  • Sunset Middle School
  • Niwot High School

Utilities

  • Water Rights Not Included
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0504833

Community Details

Overview

  • Association fees include common amenities, snow removal, management, utilities
  • Prospect New Town Subdivision

Recreation

  • Community Playground
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$322

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Development Status: Raw Land, Approved Subdivided, Build to Suit, Covenants, Architectural Approval Required, Homeowners' Association, Zoned for Development
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Prospect New Town
  • Directions: From Pike Road heading south on Hwy 287; WEST on Plateau; RIGHT on Turquoise Drive to Confidence. SALES CENTER is located at 918 Half Measures Drive.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Interior Amenities: Satellite Avail, High Speed Internet

Exterior Features

  • Lot Features: Curbs, Sidewalks, Fire Hydrant within 500 Feet, Water Rights Excluded, Mineral Rights Excluded, Level, Within City Limits
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, City of Longmon
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Snow Removal, Management, Utilities
  • Community Features: Playground, Park
  • Senior Community: No
  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Burlington,Flagstaff Academy
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: PUD
  • Lot Size Sq Ft: 5649
  • Parcel #: R0504833
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 322

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2017
Sold by
Sparrow Homes & Land Llc
Bought by
Hoppersted James R
Current Estimated Value
$1,656,761

Purchase Details

Listed on
Mar 4, 2015
Closed on
Jan 12, 2016
Sold by
Ridgeline Development Corporation
Bought by
Markel Homes Construction Co
Seller's Agent
Marlita Lazo
Markel Homes
Buyer's Agent
Chad Smith
RE/MAX Alliance-Lsvl
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.57%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoppersted James R -- None Available
Markel Homes Construction Co -- None Available
Sparrow Homes & Land Llc $185,000 Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopperstad James R $250,000
Open Hopperstad James R $633,500
Closed Hopperstad James R $337,000
Closed Hopperstad James R $490,000
Previous Owner Sparrow Homes & Land Llc $504,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $185,000 -- --
01/12/2016 01/12/16 Sold $185,000 -5.1% --
12/13/2015 12/13/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $195,000 -- --
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,352 $104,006 $8,931 $95,075
2024 $10,352 $104,006 $8,931 $95,075
2023 $10,210 $108,218 $9,494 $102,410
2022 $8,869 $89,627 $7,256 $82,371
2021 $8,984 $92,207 $7,465 $84,742
2020 $7,538 $77,599 $15,301 $62,298
2019 $7,419 $77,599 $15,301 $62,298
2018 $6,531 $68,760 $11,304 $57,456
2017 $2,405 $28,377 $12,497 $15,880
2016 $1,469 $15,370 $15,370 $0
2015 $1,400 $4,785 $4,785 $0
2014 $445 $3,451 $3,451 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 756739

IRES MLS

APN: 1315153-63-001