NOT LISTED FOR SALE

1051 Mahogany Way Severance, CO 80550

Estimated Value: $446,047 - $497,000

3 Beds
2.5 Baths
2,216 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $455,000 $205 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,659/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Hiking Trails
  • Oversized Parking
  • Loft
  • 2 Car Attached Garage
  • Eat-In Kitchen

About This Home

As of August 2024

NEW: roof, windows, furnace, A/C, water heater, LVP flooring, carpet, lighting, appliances & exterior paint! Enjoy the sunrise from your covered front porch, gazing across the east facing open space. Or entertain in the large fully fenced backyard w/new sod, garden beds & firepit. This unique floorplan is both comfortable & functional offering a spacious family room that flows into dining & kitchen on the main. Primary bed w/full ensuite bath, 2 more beds & full bath are together upstairs PLUS an additional living/rec/playroom upstairs. Unfinished basement w/rough-in for future expansion, storage or workout area.

Last Agent to Sell the Property

Wendy Sparks

Group Centerra Listed on: 07/29/2024

Group Centerra

Co-Listed By

Tracie Milton

Group Centerra

Last Buyer's Agent

Jennifer Forrest

Bison Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 2003

Lot Details

  • 7,019 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Sprinkler System
  • Property is zoned SPZ

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Panel Doors
  • Family Room
  • Loft
  • Washer and Dryer Hookup
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1156202

Community Details

Overview

  • Association fees include common amenities, management
  • Timber Ridge Association, Phone Number (970) 224-4445
  • Timber Ridge Subdivision

Recreation

  • Community Playground
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,281

Year Built

Built in 2003

Lot Details

0

HOA Fees

$18 per month

Parking

2

Listing Details

  • Inclusions: Window Coverings,Electric Range/Oven,Dishwasher,Microwave,Garage Door Opener,Disposal,Smoke Alarm(s)
  • Year Built: 2003
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8RM1L
  • Subdivision Name: Timber Ridge
  • Directions: Weld County Rd 74 East to Severance, Right (South) on Mahogany Way, Home is on the Right, facing East to the open space :)
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2216
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Microwave, Disposal
  • Has Basement: Full, Unfinished, Radon Unknown
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: 6-Panel Doors, Storm Door(s)
  • Interior Amenities: Eat-in Kitchen, Pantry, Loft, Kitchen Island
  • Window Features: Window Coverings, Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Luxury Vinyl Floor
  • IRESDS_HasFamilyRoom: Yes
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Upper
  • Room Kitchen Features: Luxury Vinyl Floor
  • Family Room Features: Carpet
  • Living Room Features: Luxury Vinyl Floor
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Full Primary Bath

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
  • View: Plains View
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Oversized
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, In Basement
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, Town of Severance
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Management
  • Community Features: Playground, Park, Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 215
  • Association Fee Frequency: Annually
  • Association Name: Timber Ridge
  • Phone: 970-224-4445
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: SPZ
  • Lot Size Sq Ft: 7019
  • Parcel #: R1156202
  • Irrigation Water Rights: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2281

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Aug 30, 2024
Sold by
Vroman Megan
Bought by
Gutierrez Laura
Seller's Agent
Wendy Sparks
Group Centerra
Buyer's Agent
Jennifer Forrest
Bison Real Estate Group
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Views
25
Current Estimated Value
$462,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,762
Avg. Annual Appreciation
1.47%
Original Mortgage
$446,758
Outstanding Balance
$442,015
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$20,747

Purchase Details

Closed on
Feb 4, 2021
Sold by
Smith Megan
Bought by
Roman Megan V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 20, 2018
Sold by
Navarro Daniel and Navarro Rebecca K
Bought by
Smith Megan
Seller's Agent
Joseph Cashman
Keller Williams-Preferred Rlty
Buyer's Agent
Joseph Cashman
Keller Williams-Preferred Rlty
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$282,257
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Kem Timber Ridge Llc
Bought by
Navarro Rebecca K and Navarro Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,400
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2003
Sold by
Timber Ridge Severance Llc
Bought by
Kem Timber Ridge Llc
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 Buyer Sale Price Title Company
Gutierrez Laura $455,000 Fntc
Roman Megan V -- Fidelity National Title
Smith Megan $307,500 North American Title
Navarro Rebecca K $186,090 --
Kem Timber Ridge Llc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Laura $446,758
Previous Owner Roman Megan V $276,000
Previous Owner Smith Megan $282,257
Previous Owner Navarro Rebecca K $167,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $455,000 +1.1% $205 / Sq Ft
07/29/2024 07/29/24 For Sale $450,000 +45.2% $203 / Sq Ft
01/28/2019 01/28/19 Off Market $310,000 -- --
05/22/2018 05/22/18 Sold $310,000 -1.6% $143 / Sq Ft View Prior Sale
04/22/2018 04/22/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $315,000 -- $145 / 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 $2,483 $25,850 $5,690 $20,160
2024 $2,483 $25,850 $5,690 $20,160
2023 $2,281 $29,720 $5,890 $23,830
2022 $2,179 $22,220 $4,660 $17,560
2021 $2,032 $22,850 $4,790 $18,060
2020 $1,867 $21,400 $3,580 $17,820
2019 $1,851 $21,400 $3,580 $17,820
2018 $1,741 $19,060 $2,810 $16,250
2017 $1,842 $19,060 $2,810 $16,250
2016 $1,636 $17,100 $2,470 $14,630
2015 $1,523 $17,100 $2,470 $14,630
2014 $1,415 $14,910 $2,070 $12,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1015365

IRES MLS

APN: R1156202