NOT LISTED FOR SALE

1243 Highland Way Erie, CO 80516

Estimated Value: $962,000 - $2,106,650

1.81 Acres
$934,759 Price per Acre
78,844 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $350,000

Est. 383% increase in value since last sale

Current estimated payment $9,820/month

200 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Cul-De-Sac
  • Erie Elementary School Rated A

About This Lot

As of March 2020

Premium custom home site in Highland Farms. Come build your dream home on this 1.8 acre lot that backs to open space on two sides. Incredible snow capped mountain views of the entire front range. This lot is perfectly suited for a walk-out basement and is situated on a cul-de-sac. Buyer to purchase water tap from seller at the time of closing, for the same amount seller acquired it for.

Last Agent to Sell the Property

Joanne Barron

A+ Realty Group Listed on: 08/22/2019

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,436

Lot Details

  • 1.81 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $67 Monthly HOA Fees

Additional Features

  • Mountain Views
  • Horses Allowed On Property
  • Septic System

Community Details

  • Highland Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number R3939305

Property Details

Property Type

Land

Est. Annual Taxes

$3,436

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 1.81
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Highland Farms
  • Directions: I-25 to HWY 52 West to Highland Pl south to Highland Way
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Mountain(s)
  • Waterfront: No

Utilities

  • Electric: Electricity at Property
  • Sewer: Septic
  • Water Source: District Water, Left Hand

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Lot Info

  • Zoning: Res
  • Current Use: Horses
  • Lot Size Sq Ft: 78842
  • Parcel #: R3939305
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3436

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Copper Homes Limited
Bought by
Rush Richard and Rush Lauren
Current Estimated Value
$1,691,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,164,705
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$527,208

Purchase Details

Listed on
Aug 22, 2019
Closed on
Mar 13, 2020
Sold by
Whitlock Craig and Whitlock Toni
Bought by
Copper Homes Limited
Seller's Agent
Joanne Barron
A+ Realty Group
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.56%

Purchase Details

Closed on
Jan 15, 2010
Sold by
Elswick Ronald and Elswick Diane C
Bought by
Whitlock Craig and Whitlock Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Highland Acquisition Group Llc
Bought by
Elswick Ronald and Elswick Diane C
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Rush Richard $1,600,000 Land Title Guarantee Co
Copper Homes Limited $350,000 None Available
Whitlock Craig $222,000 Guardian Title
Elswick Ronald $200,000 North American Title Co Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rush Richard $1,280,000
Previous Owner Whitlock Craig $199,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2020 06/14/20 Off Market $350,000 -- --
03/13/2020 03/13/20 Sold $350,000 -9.1% --
10/29/2019 10/29/19 Price Changed $385,000 -3.7% --
08/22/2019 08/22/19 For Sale $399,900 -- --
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 $9,399 $105,790 $26,530 $79,260
2024 $9,399 $105,790 $26,530 $79,260
2023 $9,013 $105,160 $28,710 $76,450
2022 $7,900 $84,180 $23,570 $60,610
2021 $3,153 $33,960 $24,250 $9,710
2020 $3,978 $43,230 $43,230 $0
2019 $3,806 $40,900 $40,900 $0
2018 $3,436 $37,380 $37,380 $0
2017 $3,297 $37,380 $37,380 $0
2016 $3,475 $39,150 $39,150 $0
2015 $3,357 $39,150 $39,150 $0
2014 $3,590 $41,990 $41,990 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joanne Barron

    A+ Realty Group

  • N

    Buyer's Agent in 2020

    Non-IRES Agent

    CO_IRES

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Map

Source: IRES MLS

MLS Number: 892131

IRES MLS

APN: R3939305

Colorado Weld County Erie 80516

1243 Highland Way, Erie, CO

This home is located at 1243 Highland Way, Erie, CO 80516 since 22 August 2019 and is currently estimated at $1,691,913. 1243 Highland Way is a home located in Weld County with nearby schools including Erie Elementary School, Erie Middle School, and Erie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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