NOT LISTED FOR SALE

1047 Mahogany Way Severance, CO 80550

Estimated Value: $429,000 - $466,000

4 Beds
4 Baths
1,920 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $335,000 $174 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,667/month

8 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Here's Your Chance! Severance & outside of the Metro tax district. Live in this sun-filled 1,920 sq. ft ,4 bdm, 4 ba. home situated on a corner lot in Timber Ridge. Cook in this great kitchen with stainless steel appliances, & beautiful wood laminate flooring. Attached garage, large fenced backyard. This property will not last so schedule your private showing today!

Last Agent to Sell the Property

Joseph Cashman

Keller Williams-Preferred Rlty Listed on: 06/24/2020

Keller Williams-Preferred Rlty

Last Buyer's Agent

Joseph Cashman

Keller Williams-Preferred Rlty Listed on: 06/24/2020

Keller Williams-Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 2003

Lot Details

  • 7,517 Sq Ft Lot
  • Property is zoned RL

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Range View Elementary School
  • Severance Middle School
  • Severance High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Timber Ridge Pud 1St Fg Subdivision

Listing and Financial Details

  • Assessor Parcel Number R1156102

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,260

Year Built

Built in 2003

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Year Built: 2003
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: TIMBER RIDGE PUD 1ST FG
  • Above Grade Finished Sq Ft: 1288
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1920
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 632
  • Living Area: 1920
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Upper
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Kitchen Area: 324
  • Room Master Bedroom Area: 143
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Electricity Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Town of Severance

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 155
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Range View,Range View
  • HighSchool: Severance High School
  • Junior High Dist: Weld RE-4
  • Middle Or Junior School: Severance

Lot Info

  • Zoning: RL
  • Lot Size Sq Ft: 7517
  • Parcel #: R1156102
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1260.35

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 6, 2020
Sold by
Chapman Scott Aaron and Chapman Pepper Michelle
Bought by
Burgess Robert
Seller's Agent
Joseph Cashman
Keller Williams-Preferred Rlty
Buyer's Agent
Joseph Cashman
Keller Williams-Preferred Rlty
List Price
$340,000
Sold Price
$335,000
Premium/Discount to List
-$5,000
-1.47%
Current Estimated Value
$452,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,300
Avg. Annual Appreciation
5.60%
Original Mortgage
$343,728
Outstanding Balance
$306,280
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$135,648

Purchase Details

Closed on
Mar 25, 2011
Sold by
Src Home Remedies Llc
Bought by
Chapman Scott Aaron and Chapman Pepper Michelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,471
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2010
Sold by
Citimortgage Inc
Bought by
Src Home Remedies Llc

Purchase Details

Closed on
Oct 18, 2010
Sold by
Leisy Trent L and Leisy Dawn
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 28, 2006
Sold by
Sfjv 2005-1 Llc
Bought by
Leisy Trent L and Leisy Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2006
Sold by
Ohayre Ara
Bought by
Sfjv 2005-1 Llc

Purchase Details

Closed on
Aug 19, 2003
Sold by
Kem Timber Ridge Llc
Bought by
Ohayre Ara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,072
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2003
Sold by
Timber Ridge Severance Llc
Bought by
Kem Timber Ridge Llc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Burgess Robert $336,000 Stewart Title
Chapman Scott Aaron $206,000 Unified Title Company
Src Home Remedies Llc $149,000 Assured Title
Citimortgage Inc -- None Available
Leisy Trent L $180,000 Security Title
Sfjv 2005-1 Llc -- None Available
Ohayre Ara $184,930 Guardian Title Agency
Kem Timber Ridge Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Raisa Funding I Llc $0
Open Burgess Robert $343,728
Previous Owner Chapman Scott Aaron $208,500
Previous Owner Chapman Scott Aaron $213,471
Previous Owner Leisy Trent L $144,000
Previous Owner Ohayre Ara $15,000
Previous Owner Ohayre Ara $182,072
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Off Market $335,000 -- --
08/06/2020 08/06/20 Sold $335,000 -1.5% $174 / Sq Ft
06/24/2020 06/24/20 For Sale $340,000 -- $177 / 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 $2,504 $25,810 $5,690 $20,120
2024 $2,504 $25,810 $5,690 $20,120
2023 $2,301 $29,960 $5,890 $24,070
2022 $2,200 $22,430 $4,660 $17,770
2021 $2,052 $23,070 $4,790 $18,280
2020 $1,863 $21,350 $3,580 $17,770
2019 $1,846 $21,350 $3,580 $17,770
2018 $1,722 $18,850 $2,810 $16,040
2017 $1,821 $18,850 $2,810 $16,040
2016 $1,612 $16,850 $2,470 $14,380
2015 $1,501 $16,850 $2,470 $14,380
2014 $1,398 $14,730 $2,070 $12,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 916086

IRES MLS

APN: R1156102