$435,000
SOLD JAN 3, 2025

1091 Mahogany Way Severance, CO 80550

3 Beds
2 Baths
1,112 Sq Ft
7,977 Sq Ft Lot

Recently Sold

$391 Per Sq Ft

5% Below List Price

85 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Community Playground
  • Hiking Trails
  • Patio
  • Park

About This Home

As of January 2025

This move-in-ready, 2,224 sq. ft. home is nestled in the highly sought-after town of Severance, CO, on a fantastic corner lot offering extra space and privacy. Upon entering, you're greeted by an open living room and kitchen area, with two bedrooms and a full bath conveniently located to the left. The master bedroom features ample storage and an en-suite bathroom with plenty of room.The unfinished basement offers a blank canvas for you to design your ideal space-whether it's additional bedrooms, a bathroom, or a fun game room, the possibilities are endless! Outside, the spacious backyard is perfect for enjoying those beautiful Colorado evenings.Come see this home and imagine the potential!

Last Agent to Sell the Property

The Krafting Home Team

Realty One Group Fourpoints Listed on: 10/10/2024

Realty One Group Fourpoints

Co-Listed By

Kerby Anderson

Realty One Group Fourpoints CO

Last Buyer's Agent

Katie Mansouri

Group Mulberry

Group Mulberry

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 2002

Lot Details

  • 7,977 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Mineral Rights Excluded

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number R1157202

Community Details

Overview

  • Association fees include common amenities, management
  • Timber Ridge Subdivision

Recreation

  • Community Playground
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,147

Year Built

Built in 2002

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Year Built: 2002
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: ROGFC
  • Subdivision Name: Timber Ridge
  • Above Grade Finished Sq Ft: 1112
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2224
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1112
  • Interior Amenities: Satellite Avail, High Speed Internet
  • Living Area: 1112
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Kitchen Area: 180
  • Room Master Bedroom Area: 132
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded, Corner Lot
  • Waterfront: No
  • Construction Type: Wood/Frame
  • 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
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • 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: 14
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • 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: Res
  • Lot Size Sq Ft: 7977
  • Parcel #: R1157202
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2147

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 3, 2025
Sold by
Trupiano Nicholas Patrick and Trupiano Sarah Maria
Bought by
Johnson Melanie Lane
Seller's Agent
The Krafting Home Team
Realty One Group Fourpoints
Buyer's Agent
Katie Mansouri
Group Mulberry
List Price
$460,000
Sold Price
$435,000
Premium/Discount to List
-$25,000
-5.43%
Total Days on Market
85
Views
27
Current Estimated Value
$434,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$758
Avg. Annual Appreciation
-0.36%
Original Mortgage
$328,000
Outstanding Balance
$327,163
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$107,079

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 25, 2021
Sold by
Orsburn Jeffrey Dean and Orsburn Kathryn Jean
Bought by
Trupiano Nicholas Patrick and Trupiano Sarah Maria
Seller's Agent
Nathan Washam
Restate Real Estate
Buyer's Agent
Ed Weaver
Slifer Smith & Frampton-Bldr
List Price
$350,000
Sold Price
$357,000
Premium/Discount to List
$7,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$117,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2010
Sold by
Johnson Eric R and Johnson Cassandra K
Bought by
Orsburn Jeffrey Dean and Orsburn Kathryn Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Kem Timber Ridge Llc
Bought by
Johnson Eric R and Johnson Cassandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,195
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2003
Sold by
Timber Ridge Severance Llc
Bought by
Kem Timber Ridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Warranty Deed $435,000 First American Title
Warranty Deed $435,000 First American Title
Special Warranty Deed $357,000 Heritage Title Co
Warranty Deed $186,000 Tggt
Warranty Deed $175,195 Guardian Title Agency
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Closed $328,000 New Conventional
Previous Owner $0 New Conventional
Previous Owner $117,000 New Conventional
Previous Owner $156,194 New Conventional
Previous Owner $166,000 New Conventional
Previous Owner $160,344 FHA
Previous Owner $165,195 Unknown
Previous Owner $5,000,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $435,000 0.0% $391 / Sq Ft
11/16/2024 11/16/24 Price Changed $435,000 -3.3% $391 / Sq Ft
11/13/2024 11/13/24 Price Changed $450,000 -2.2% $405 / Sq Ft
10/10/2024 10/10/24 For Sale $460,000 +28.9% $414 / Sq Ft
04/22/2022 04/22/22 Off Market $357,000 -- --
01/22/2021 01/22/21 Sold $357,000 +2.0% $321 / Sq Ft
11/25/2020 11/25/20 For Sale $350,000 -- $315 / 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
2024 $2,337 $24,810 $5,690 $19,120
2023 $2,147 $28,200 $5,890 $22,310
2022 $2,063 $21,030 $4,660 $16,370
2021 $1,924 $21,630 $4,790 $16,840
2020 $1,747 $20,020 $3,580 $16,440
2019 $1,731 $20,020 $3,580 $16,440
2018 $1,607 $17,600 $2,810 $14,790
2017 $1,701 $17,600 $2,810 $14,790
2016 $1,481 $15,480 $2,470 $13,010
2015 $1,379 $15,480 $2,470 $13,010
2014 $1,279 $13,470 $2,070 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1020347

IRES MLS

APN: R1157202