NOT LISTED FOR SALE

1140 Magic Lamp Way Unit 4 Monument, CO 80132

Estimated Value: $300,000 - $345,000

3 Beds
2 Baths
1,460 Sq Ft
$366/mo HOA Fee

Last Sold November 22, 2023

Last sale price $317,000 $217 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,173/month

37 Days on Market

Highlights

  • Forced Air Heating System
  • Bear Creek Elementary School Rated A
  • Wood Siding

About This Home

As of November 2023

Don't miss this lovely 3bd/2ba condo in Monument featuring an open layout and lofted style living! You'll be welcomed by the cozy living room and stand out stone fireplace. Vaulted ceilings give the 1,460 SQFT a larger than life feel! New vinyl flooring throughout the common areas give a modern touch. French doors off the dining area lead to an outdoor space and views all your own - rare feature that is exclusive in this corner unit! Washer/Dryer connections located in laundry closet. Great location in close proximity to nearby parks, schools, and easy access to I-25. Fantastic rental opportunity or Owner Occupant!

Last Listed By

Kayla Davis

Kentwood Real Estate Cherry Creek Brokerage Email: KaylaR@Kentwood.com,303-482-2828 License #100087325 Listed on: 09/14/2023

Kentwood Real Estate Cherry Creek

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $971

Year Built

  • Built in 1980

Lot Details

  • 828

HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Carport Space

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Association fees include exterior maintenance w/out roof, insurance, ground maintenance, maintenance structure, snow removal, trash
  • Country Ridge Estates Association, Phone Number (719) 758-9111
  • Woodmoor Improvement Association, Phone Number (719) 488-2693
  • Low-Rise Condominium
  • Country Ridge Estate Condos Subdivision

Listing and Financial Details

  • Exclusions: Seller`s and/or Tenants` Personal Property.
  • Property held in a trust
  • Assessor Parcel Number 71242-02-030

Property Details

Home Type

Condominium

Est. Annual Taxes

$971

Year Built

Built in 1980

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1460
  • Exclusions: Seller`s and/or Tenants` Personal Property.
  • Living Area: 1460
  • SubdivisionName: Country Ridge Estate Condos
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 0.97538
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Total Parking Spaces: 2
  • REC_ParkingCount: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance w/out Roof, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association Name: Country Ridge Estates
  • Association Fee Frequency: Monthly
  • Association Fee: 343
  • Association #2 Fee: 275
  • Association #2 Fee Frequency: Annually
  • Association: Woodmoor Improvement Association
  • Phone: 719-758-9111
  • Association Phone #2: 719-488-2693
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 275.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4116.00
  • REC_AssociationFeeTotalAnnual: 4391.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 1
  • REC_AssociationManagementType2: Professionally Managed

Schools

  • Middle Or Junior School: Lewis-Palmer

Lot Info

  • Parcel Number: 71242-02-030
  • Building Area Total: 1460

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 971

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 22, 2023
Sold by
Country Ridge Estates Rentals Llc
Bought by
Sanden Gerald L and Meister Derra T
Seller's Agent
Kayla Davis
Kentwood Real Estate Cherry Creek
Buyer's Agent
Jerry Sanden
House Hunters, LLC
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Total Days on Market
37
Views
75
Current Estimated Value
$313,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,959
Avg. Annual Appreciation
0.43%
Original Mortgage
$237,750
Outstanding Balance
$234,831
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$84,163

Purchase Details

Closed on
Sep 10, 2007
Sold by
Hughes Sandra Sanchez
Bought by
Magic Lamp Townhouses Llc

Purchase Details

Closed on
Dec 13, 2001
Sold by
Cieslinski Regina Kay
Bought by
Hughes Charles

Purchase Details

Closed on
Feb 11, 1993
Bought by
Magic Lamp Townhouses Llc

Purchase Details

Closed on
Jul 1, 1984
Bought by
Magic Lamp Townhouses Llc

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
Sanden Gerald L $317,000 Land Title Guarantee Company
Magic Lamp Townhouses Llc -- None Available
Hughes Charles $105,000 Stewart Title
Magic Lamp Townhouses Llc $40,500 --
Magic Lamp Townhouses Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanden Gerald L $237,750
Previous Owner Country Ridge Estates Rentals Llc $137,250
Previous Owner Hughes Charles E $143,000
Previous Owner Cieslinski Regina Kay $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $317,000 -0.9% $217 / Sq Ft
10/10/2023 10/10/23 Price Changed $320,000 -1.5% $219 / Sq Ft
09/14/2023 09/14/23 For Sale $325,000 -- $223 / 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 $853 $18,610 $3,350 $15,260
2022 $971 $14,360 $2,640 $11,720
2021 $1,006 $14,780 $2,720 $12,060
2020 $835 $11,770 $1,720 $10,050
2019 $831 $11,770 $1,720 $10,050
2018 $691 $9,270 $1,300 $7,970
2017 $691 $9,270 $1,300 $7,970
2016 $610 $8,740 $1,270 $7,470
2015 $609 $8,740 $1,270 $7,470
2014 $698 $9,570 $1,270 $8,300
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 3846219

REcolorado®

APN: 71242-02-030