$860,000
SOLD NOV 22, 2024

1020 Monterra Ln Timnath, CO 80547

5 Beds
4.5 Baths
4,172 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

14% Below List Price

875 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Home Office
  • Clubhouse
  • Corner Lot
  • 3 Car Attached Garage

About This Home

As of November 2024

This 5-bed, 4.5-bath, 3-car, 1-story new home with finished garden level basement. Gorgeous engineered hardwood floors, a study with French Doors, family room with a fireplace, multipaneled sliding glass door, and three bedrooms on the main floor each having an ensuite for guests. The gourmet kitchen features Kitchen Aid double ovens, 36' gas range, extra-large walk-in pantry, large island with quartz countertops, and a dining nook. The primary bath has a large tiled walk-in shower with two shower heads, bench, poured pan, and a frameless glass shower enclosure. Bring your gas grill with a gas drop on the back deck that backs up to a grassy greenway. Entertain in the garden level finished basement that offers a wet bar, rec room, two bedrooms, one full bath, and large unfinished storage area. Last of a popular floor plan in the Kitchel Lake community.

Last Agent to Sell the Property

Chris Bright

American Legend Homes LLC Listed on: 06/20/2022

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,000 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 4,172 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Dining Room
  • Home Office
  • Recreation Room with Fireplace
  • Radon Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Basement

  • Partial Basement
  • Sump Pump

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Timnath Elementary School
  • Timnath Middle-High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1663677

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common amenities
  • Built by American Legend Homes
  • Kitchel Lake At Serratoga Falls Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,000

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Year Built: 2022
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Kitchel Lake at Serratoga Falls
  • Directions: From I25, exit east onto E Mulberry Street. Turn right onto S. CO Road 5. Turn left onto Serratoga Falls Parkway and left onto Larimer Ridge Parkway. The model is on your left.
  • Above Grade Finished Sq Ft: 2481
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: HVAC
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4172
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Dishwasher
  • Has Basement: Partial, Built-In Radon, Sump Pump
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1591
  • Fireplace Features: Gas, Gas Logs Included, Family/Recreation Room Fireplace
  • Fireplace: Yes
  • Interior Amenities: Study Area, Eat-in Kitchen, Separate Dining Room, Pantry
  • Living Area: 4072
  • Window Features: Double Pane Windows
  • Room Bedroom4 Area: 143
  • Room Bedroom3 Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Room Bedroom3 Area: 121
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Bedroom5 Area: 143
  • Room Kitchen Features: Wood Floor
  • Room Kitchen Area: 120
  • Room Master Bedroom Area: 221
  • Master Bathroom Features: Tub+Shower Primary, Luxury Features Primary Bath
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Builder Name: American Legend Homes
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Whole House Fan
  • Electric: Electric, Poudre REA
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Water Source: District Water, ELCO
  • Gas Company: Natural Gas, XCEL

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Community Features: Clubhouse
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Timnath
  • HighSchool: Timnath Middle-High School
  • Junior High Dist: Poudre
  • Middle Or Junior School: Timnath Middle-High School

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 10000
  • Parcel #: R1663677
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Nov 22, 2024
Sold by
Artesia Lot Holdings Llc
Bought by
Green John and Green Courtney
Seller's Agent
Chris Bright
American Legend Homes LLC
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$999,000
Sold Price
$860,000
Premium/Discount to List
-$139,000
-13.91%
Views
375
Current Estimated Value
$893,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,587
Avg. Annual Appreciation
4.35%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $860,000 Land Title Guarantee
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2024 11/22/24 Sold $860,000 -9.5% $206 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $950,000 -2.6% $228 / Sq Ft
09/19/2024 09/19/24 Price Changed $975,000 -2.4% $234 / Sq Ft
01/03/2024 01/03/24 For Sale $999,000 0.0% $239 / Sq Ft
01/02/2024 01/02/24 Off Market $999,000 -- --
02/17/2023 02/17/23 Price Changed $999,000 -1.7% $239 / Sq Ft
01/09/2023 01/09/23 Price Changed $1,016,190 -1.0% $244 / Sq Ft
10/24/2022 10/24/22 Price Changed $1,026,190 -6.4% $246 / Sq Ft
09/13/2022 09/13/22 Price Changed $1,096,699 -1.7% $263 / Sq Ft
07/27/2022 07/27/22 Price Changed $1,116,192 -5.1% $268 / Sq Ft
06/20/2022 06/20/22 For Sale $1,176,192 -- $282 / Sq Ft
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 $10,422 $67,617 $7,605 $60,012
2024 $10,352 $67,617 $7,605 $60,012
2022 $3,980 $10,453 $7,888 $2,565
2021 $3,980 $25,520 $25,520 $0
2020 $1,414 $9,019 $9,019 $0
2019 $280 $1,815 $1,815 $0
2018 $396 $2,665 $2,665 $0
2017 $12 $46 $46 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 968881

IRES MLS

APN: 87142-38-002