NOT LISTED FOR SALE

Estimated Value: $382,000 - $466,119

5 Beds
2 Baths
2,488 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $250,000 $100 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,407/month

21 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2016

Decent little house on a large corner multi-residential zoned lot. Buyer could live upstairs and rent the downstairs, rent separate units individually, or rent the whole house, or just make it their own residence.Furnace is only 5 years old, hardwood floors were redone 5 years ago too. Basement windows are egress. Current tenants pay on time every month and they are currently on month to month. Tenants also pay utilities.Annual income = $25500 / Annual expenses = 2400 / Cap rate at 9%

Last Agent to Sell the Property

Mark A. Peters

Mark Peters Listed on: 07/12/2016

Last Buyer's Agent

Adana Barbieri

Barbieri Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 1955

Lot Details

  • 8,930 Sq Ft Lot
  • Property is zoned Multi-Res

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,488 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range
  • Laundry on lower level
  • Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Schools

  • Rocky Mountain Elementary School
  • Longs Peak Middle School
  • Skyline High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0045346

Community Details

Overview

  • No Home Owners Association
  • Kensington Place Lg Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1955
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.21
  • Subdivision Name: KENSINGTON PLACE - LG
  • 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: 2488
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 5
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Tile Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_GarageType: Detached

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Lower Level
  • Heating Yn: Yes
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Rocky Mountain
  • HighSchool: Skyline
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Longs Peak

Lot Info

  • Zoning: Multi-Res
  • Lot Size Sq Ft: 8930
  • Parcel #: R0045346
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 992

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 16, 2016
Sold by
Maddam Llc
Bought by
Triplett Eric Joseph
Seller's Agent
Mark A. Peters
Mark Peters
Buyer's Agent
Adana Barbieri
Barbieri Real Estate
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$427,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,030
Avg. Annual Appreciation
5.95%
Original Mortgage
$237,500
Outstanding Balance
$189,706
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$237,324

Purchase Details

Closed on
Dec 2, 2010
Sold by
Us Bank National Association
Bought by
Peters George

Purchase Details

Closed on
Sep 9, 2010
Sold by
Bode William A
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 1, 2010
Sold by
Peters George
Bought by
Maddam Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Peters Mark A and Peters Laura M
Bought by
Bode William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2002
Sold by
Knosalla Linda M and Thompson Linda M
Bought by
Peters Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,250
Interest Rate
6.09%

Purchase Details

Closed on
Oct 30, 1981
Bought by
Triplett Eric Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Triplett Eric Joseph $250,000 Land Title Guarantee
Peters George $88,200 Cat
Us Bank National Association -- None Available
Maddam Llc -- None Available
Bode William $190,000 --
Peters Mark A $178,000 --
Triplett Eric Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triplett Eric Joseph $237,500
Previous Owner Bode William $152,000
Previous Owner Peters Mark A $201,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $250,000 -- --
09/16/2016 09/16/16 Sold $250,000 +0.4% $100 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $249,000 -- $100 / 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
2025 $1,958 $22,725 $8,100 $14,625
2024 $1,958 $22,725 $8,100 $14,625
2023 $1,931 $20,469 $8,924 $15,229
2022 $1,850 $18,696 $6,533 $12,163
2021 $1,874 $19,234 $6,721 $12,513
2020 $1,623 $16,710 $6,650 $10,060
2019 $1,598 $16,710 $6,650 $10,060
2018 $1,252 $13,176 $5,472 $7,704
2017 $1,235 $14,567 $6,050 $8,517
2016 $1,042 $10,898 $5,652 $5,246
2015 $993 $11,191 $3,502 $7,689
2014 $1,045 $11,191 $3,502 $7,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 796976

IRES MLS

APN: 1315022-19-001