NOT LISTED FOR SALE

1508 Ponderosa Dr Severance, CO 80550

Estimated Value: $444,000 - $494,000

4 Beds
3 Baths
2,176 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $490,000 $225 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,744/month

12 Days on Market

Highlights

  • Two Primary Bedrooms
  • Cathedral Ceiling
  • Hiking Trails
  • Open Floorplan
  • Home Office
  • 2 Car Attached Garage

About This Home

As of May 2022

Tons of space in this 4 bedroom ranch home with 2 primary bedrooms and a full finished basement. Two living areas (both wired for surround sound), study/craft room in the basement and an oversized two car garage. Kitchen features slab granite countertops, designer tile backsplash and large pantry. Huge basement laundry/utility room (stackable washer and dryer stay) and plenty of storage throughout. Large privacy fenced yard with sprinkler system, concrete edging, trampoline, separate fenced area with raised garden and storage shed. Additional upgrades include a whole house humidifier and tankless hot water heater. Excellent location with open space at the end of the block and a large park and playground right around the corner. Nearby you will find additional green areas, trails and the Tailholt Community Garden. Be sure to take in the stunning mountain views from the driveway! NO METRO DISTRICT!!!

Last Agent to Sell the Property

Wendy Usrey

Home Again Properties Realty Listed on: 04/11/2022

Co-Listed By

Laurie Dufloth

Home Again Properties

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,037

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinkler System

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Mineral Rights Excluded

Schools

  • Range View Elementary School
  • Severance Middle School
  • Severance High School

Utilities

  • Humidity Control
  • Forced Air Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1869302

Community Details

Overview

  • Association fees include common amenities
  • Timber Ridge Subdivision

Recreation

  • Community Playground
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,037

Year Built

Built in 2005

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 9HAPS
  • Subdivision Name: Timber Ridge
  • Directions: From I-25 and Harmony Road, East on Harmony Road (County Road 74), to Severance, South on Timber Ridge Parkway, East on Ponderosa Drive to home on the North side of the street.
  • Above Grade Finished Sq Ft: 1088
  • 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: 2176
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: Full, 90%+ Finished Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1088
  • Interior Amenities: Study Area, Satellite Avail, High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Two Primary Suites
  • Living Area: 1997
  • Window Features: Window Coverings
  • Room Bedroom4 Area: 90
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Tile Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Main
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 100
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Basement
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Family Room Area: 300
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Family Room Level: Basement
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 256
  • Family Room Features: Carpet
  • Living Room Features: Carpet
  • Room Kitchen Area: 90
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 195
  • Room Dining Room Area: 120
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Wood
  • Lot Features: Lawn Sprinkler System, Mineral Rights Excluded, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Oversized
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air, Humidity Control
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Underground Utilities
  • Laundry Features: Washer/Dryer Hookups, In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Severance
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Community Features: Playground, Park, Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Range View
  • HighSchool: Severance High School
  • Junior High Dist: Weld RE-4
  • Middle Or Junior School: Severance

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7405
  • Parcel #: R1869302
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2037

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2025
Sold by
Sfr Acquisitions 2022 Llc
Bought by
Sfr 2025-2 Borrower Llc
Current Estimated Value
$476,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,996,489
Outstanding Balance
$528,546,358
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$528,069,616

Purchase Details

Closed on
Mar 21, 2023
Sold by
Sfr Acquisitions 3 Llc
Bought by
Sfr Acquisitions 2022 Llc

Purchase Details

Closed on
Apr 16, 2008
Sold by
Timber Ridge Investments Llc
Bought by
J & J Construction Northern Colorado Llc

Purchase Details

Closed on
Aug 25, 2005
Sold by
Aspen Homes Of Colorado Inc
Bought by
Samuel Jeremy S and Samuel Tammy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2005
Sold by
Samuel Jeremy S and Samuel Tammy K
Bought by
Aspen Homes Of Colorado Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,700
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 2005
Sold by
Timber Ridge Severance Ii Llc
Bought by
Samuel Jeremy S and Samuel Tammy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,440
Interest Rate
5.83%
Mortgage Type
Construction
Source: Public Records

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
Sfr 2025-2 Borrower Llc -- None Listed On Document
Sfr Acquisitions 2022 Llc -- None Listed On Document
J & J Construction Northern Colorado Llc $400,000 None Available
Samuel Jeremy S $175,916 Land Title Guarantee Company
Aspen Homes Of Colorado Inc -- Land Title Guarantee Company
Samuel Jeremy S $44,100 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr 2025-2 Borrower Llc $528,996,489
Previous Owner Raisa Funding I Llc $0
Previous Owner Samuel Jeremy S $307,881
Previous Owner Samuel Jeremy S $296,574
Previous Owner Samuel Jeremy S $253,302
Previous Owner Samuel Jeremy S $25,000
Previous Owner Samuel Jeremy S $244,562
Previous Owner Samuel Jeremy S $45,000
Previous Owner Samuel Jeremy S $175,760
Previous Owner Samuel Jeremy S $151,000
Previous Owner Samuel Tammy K $148,800
Previous Owner Samuel Tammy K $27,537
Previous Owner Samuel Jeremy S $140,700
Previous Owner Samuel Jeremy S $139,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2022 08/07/22 Off Market $490,000 -- --
05/16/2022 05/16/22 Sold $490,000 0.0% $225 / Sq Ft
04/12/2022 04/12/22 For Sale $490,000 -- $225 / 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 $2,549 $26,540 $5,690 $20,850
2024 $2,549 $26,540 $5,690 $20,850
2023 $2,341 $30,410 $5,890 $24,520
2022 $2,226 $22,700 $4,660 $18,040
2021 $2,076 $23,340 $4,790 $18,550
2020 $1,869 $21,420 $3,580 $17,840
2019 $1,852 $21,420 $3,580 $17,840
2018 $1,714 $18,770 $2,810 $15,960
2017 $1,695 $17,540 $2,810 $14,730
2016 $1,476 $15,430 $2,470 $12,960
2015 $1,374 $15,430 $2,470 $12,960
2014 $1,274 $13,420 $2,070 $11,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 962696

IRES MLS

APN: R1869302