NOT LISTED FOR SALE

1243 Sherman Dr Unit 3&4 Longmont, CO 80501

Estimated Value: $2,149,238

-- Bed
-- Bath
11,750 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 1243 Sherman Dr Unit 3&4, Longmont, CO 80501 and is currently estimated at $2,149,238, approximately $182 per square foot. 1243 Sherman Dr Unit 3&4 is a home located in Boulder County with nearby schools including Indian Peaks Elementary School, Sunset Middle School, and Niwot High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Sherman Drive Llc
Bought by
Cb 1243 Sherman Llc
Current Estimated Value
$2,149,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,770,000
Outstanding Balance
$1,561,835
Interest Rate
6.66%
Mortgage Type
Construction
Estimated Equity
$587,403

Purchase Details

Closed on
May 23, 2012
Sold by
F & G Barnes Llc
Bought by
Sherman Drive Llc

Purchase Details

Closed on
Oct 17, 2008
Sold by
Reverse Exchange Co
Bought by
F & G Barnes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2008
Sold by
Rkfv Ltd
Bought by
Reverse Exchange Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2008
Sold by
Spruce Llc
Bought by
Schultz Gerhard E W and Schultz Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2000
Sold by
1105 Spruce Partnership
Bought by
Spruce Ltd Liability Co

Purchase Details

Closed on
Jun 12, 2000
Sold by
Rkfv Ltd
Bought by
Schultz Gregory D

Purchase Details

Closed on
Jun 7, 2000
Sold by
Spruce Ltd Liability Company
Bought by
Rkfv Ltd

Purchase Details

Closed on
Aug 3, 1999
Sold by
1243 Sherman Company
Bought by
1105 Spruce Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
7.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 1996
Sold by
Parker Gc Inc
Bought by
1243 Sherman Company Llc

Purchase Details

Closed on
Apr 18, 1996
Sold by
Burlington Northern Railroad Company
Bought by
Parker Gc Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cb 1243 Sherman Llc $2,000,000 Land Title
Sherman Drive Llc -- None Available
F & G Barnes Llc $914,000 None Available
Reverse Exchange Co $914,000 Fahtco
Schultz Gerhard E W -- Fahtco
Spruce Ltd Liability Co -- --
Schultz Gregory D $367,957 --
Rkfv Ltd -- --
1105 Spruce Partnership $733,906 Land Title
1105 Spruce Partnership $212,000 Land Title
1105 Spruce Partnership -- Land Title
Weingast Daniel M -- Land Title
Bernheimer Kathryn L -- Land Title
1243 Sherman Company Llc $380,000 --
Parker Gc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cb 1243 Sherman Llc $1,770,000
Previous Owner Reverse Exchange Co $736,000
Previous Owner 1105 Spruce Partnership $203,500
Source: Public Records

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 $58,558 $577,206 $170,829 $406,377
2024 $58,558 $577,206 $170,829 $406,377
2023 $57,760 $612,181 $173,817 $438,364
2022 $38,569 $389,760 $55,100 $334,660
2021 $37,976 $389,760 $55,100 $334,660
2020 $36,058 $371,200 $55,100 $316,100
2019 $35,490 $371,200 $55,100 $316,100
2018 $35,129 $369,829 $32,135 $337,694
2017 $34,652 $369,829 $32,135 $337,694
2016 $25,250 $264,164 $75,116 $189,048
2015 $24,062 $250,386 $47,038 $203,348
2014 $23,387 $250,386 $47,038 $203,348
Source: Public Records

Map

Colorado Boulder County Longmont 80501

1243 Sherman Dr Unit 3&4, Longmont, CO

This home is located at 1243 Sherman Dr Unit 3&4, Longmont, CO 80501 and is currently estimated at $2,149,238, approximately $182 per square foot. 1243 Sherman Dr Unit 3&4 is a home located in Boulder County with nearby schools including Indian Peaks Elementary School, Sunset Middle School, and Niwot High School.

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