NOT LISTED FOR SALE

1120 Magic Lamp Way Unit 5 Monument, CO 80132

Estimated Value: $257,593 - $278,000

2 Beds
1 Bath
1,058 Sq Ft
$323/mo HOA Fee

Last Sold June 03, 2022

Last sale price $242,000 $229 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,860/month

4 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • Carpet
  • Bear Creek Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2022

2 bedroom/ 1 bathroom condominium with entryway on ground floor and all on one level. The unit features new vinyl flooring, carpet, and paint. Features an open floor plan with countertop dining area in the kitchen and fireplace in the living room. All kitchen appliances included in the sale. Great location with nearby parks, schools, and easy access to I-25.

Last Agent to Sell the Property

Zack Jenkins

Kentwood Commercial, Llc License #100096444 Listed on: 05/19/2022

Kentwood Commercial, Llc

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $887

Year Built

  • Built in 1980

Lot Details

  • 566

HOA Fees

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Garage Spaces
  • Driveway

Schools

  • Bear Creek Elementary School
  • Lewis-Palmer Middle School
  • Lewis-Palmer High School

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, snow removal, trash
  • Country Ridge Estates Association, Phone Number (719) 578-9111
  • Woodmor Association, Phone Number (719) 488-2693
  • Low-Rise Condominium
  • Woodmor Subdivision

Listing and Financial Details

  • Exclusions: tenant/owner personal property
  • Assessor Parcel Number 71242-02-021

Property Details

Home Type

Condominium

Est. Annual Taxes

$887

Year Built

Built in 1980

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Above Grade Price per Sq Ft: 228.73
  • Finished Price per Sq Ft: 228.73
  • Total Price per Sq Ft: 228.73
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1058.00
  • Annual Association Fee 2: 275.00
  • Annual Association Fee: 3875.00
  • Association Management Type #2: Professionally Managed
  • Exclusions: tenant/owner personal property
  • Living Area: 1058.00
  • Multiple Associations: Yes
  • Reserved Spaces: 2
  • SubdivisionName: Woodmor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Room Count: 6
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Unknown
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking Features: Asphalt
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Annual Association Fees: 3600.00
  • Association Name: Country Ridge Estates
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Fee: 300.00
  • Association #2 Fee: 275.00
  • Association #2 Fee Frequency: Annually
  • Association: Woodmor
  • Phone: 719-578-9111
  • Association Phone #2: 719-488-2693
  • Association: Yes

Schools

  • School District: Lewis-Palmer 38
  • Elementary School: Bear Creek
  • Middle School: Lewis-Palmer
  • High School: Lewis-Palmer
  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 71242-02-021
  • Building Area Total: 1058.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 887.00

MLS Schools

  • Elementary School: Bear Creek
  • High School: Lewis-Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2007
Sold by
Hughes Sandra Sanchez
Bought by
Magic Lamp Townhouses Llc
Current Estimated Value
$267,148

Purchase Details

Closed on
Jul 23, 2007
Sold by
Hughes James
Bought by
Sanchez Hughes Sandra

Purchase Details

Closed on
Apr 25, 2002
Sold by
Hughes James
Bought by
Hughes James and Hughes Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1999
Sold by
Hughes Charles E
Bought by
Hughes James

Purchase Details

Closed on
Jun 28, 1990
Bought by
Magic Lamp Townhouses Llc

Purchase Details

Closed on
Sep 9, 1988
Bought by
Magic Lamp Townhouses Llc

Purchase Details

Closed on
Feb 24, 1988
Bought by
Magic Lamp Townhouses Llc

Purchase Details

Closed on
Jun 10, 1983
Bought by
Magic Lamp Townhouses Llc
Source: Public Records

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Range of Values:

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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
Magic Lamp Townhouses Llc -- None Available
Sanchez Hughes Sandra -- None Available
Hughes James -- --
Hughes James -- --
Magic Lamp Townhouses Llc -- --
Magic Lamp Townhouses Llc $21,000 --
Magic Lamp Townhouses Llc -- --
Magic Lamp Townhouses Llc -- --
Magic Lamp Townhouses Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Country Ridge Estates Rentals Llc $110,250
Previous Owner Hughes James $143,000
Previous Owner Hughes Charles $113,134
Previous Owner Hughes Charles $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $242,000 +7.6% $229 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $225,000 -- $213 / Sq Ft
Source: REcolorado®

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 $643 $15,420 $3,350 $12,070
2023 $643 $15,420 $3,350 $12,070
2022 $856 $12,660 $2,640 $10,020
2021 $887 $13,030 $2,720 $10,310
2020 $787 $11,090 $1,720 $9,370
2019 $783 $11,090 $1,720 $9,370
2018 $651 $8,730 $1,300 $7,430
2017 $651 $8,730 $1,300 $7,430
2016 $537 $7,690 $1,270 $6,420
2015 $536 $7,690 $1,270 $6,420
2014 $613 $8,400 $1,270 $7,130
Source: Public Records

Agents Affiliated with this Home

  • Zack Jenkins

    Seller's Agent in 2022

    Zack Jenkins

    Kentwood Real Estate

    (770) 241-9982

    5 in this area

    19 Total Sales

    Zack Jenkins
    Section Image

  • O

    Buyer's Agent in 2022

    Other MLS Non-REcolorado

    NON MLS PARTICIPANT

See All Agents

Map

Source: REcolorado®

MLS Number: 7848965

REcolorado®

APN: 71242-02-021

Colorado El Paso County Monument 80132

1120 Magic Lamp Way Unit 5, Monument, CO

This home is located at 1120 Magic Lamp Way Unit 5, Monument, CO 80132 since 19 May 2022 and is currently estimated at $267,148, approximately $252 per square foot. This property was built in 1980. 1120 Magic Lamp Way Unit 5 is a home located in El Paso County with nearby schools including Bear Creek Elementary School, Lewis-Palmer Middle School, and Lewis-Palmer High School.

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