NOT LISTED FOR SALE

1868 Marlowe Cir E Erie, CO 80516

Estimated Value: $860,000 - $958,000

4 Beds
4.5 Baths
3,498 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $875,000 $250 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,597/month

19 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Community Pool
  • Erie Elementary School Rated A
  • Deck
  • Covered Patio or Porch

About This Home

As of May 2023

Welcome home to the Prescott floorplan built by Lennar! A spacious open floorplan! The main level of this two story home hosts a main level bedroom, large Great Room, chef's style kitchen with large eat in kitchen island, white cabinets and dining nook, while a formal dining room and outdoor space offer ample room for entertaining friends and family. Upstairs has your primary suite with en-suite spa style bathroom, large loft, 2 additional bedrooms, laundry room and 2 full bathrooms! Some additional features include solar panels, double ovens, cooktop, EVP Leisure Oak flooring and 3 car garage! Community amenities include a pool, clubhouse and parks! See everything Erie has to offer with it's small town feel, majestic mountain views, 63,000sf community center and 20,000sf community Library! Close to shopping/dining, trails and parks. **Ready April 2023**

Last Agent to Sell the Property

Kris Ceretto

Coldwell Banker Realty 56 License #100021260 Listed on: 10/20/2022

Coldwell Banker Realty 56

Co-Listed By

Kristen White

Keller Williams DTC

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,587

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,555

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Erie Elementary And Middle School
  • Erie High School

Additional Features

  • 7,555 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R8969443

Community Details

Overview

  • Flagship Properties Association, Phone Number (720) 425-5475
  • Built by Lennar
  • Morgan Hill Subdivision, Prescott Floorplan
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,587

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$89 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Above Grade Price per Sq Ft: 250.14
  • Finished Price per Sq Ft: 250.14
  • Total Price per Sq Ft: 167.21
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 3498.00
  • Annual Association Fee: 1062.48
  • Below Grade Sq Ft: 1735.00
  • Living Area: 3498.00
  • P P A: 5147058.82
  • Restrictions Covenants: Yes
  • Upper Level Bathrooms: 3
  • Upper Level Bedrooms: 3
  • Water Included: Yes
  • Property Condition: New Construction
  • SubdivisionName: Morgan Hill
  • Special Features: NewHome

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 14
  • Basement: Full, Unfinished
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding, Frame, Stone
  • Patio and Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Sewer: Community
  • Cooling: Central Air
  • Heating: Forced Air

Condo/Co-op/Association

  • Annual Association Fees: 1062.48
  • Association Name: Flagship Properties
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Clubhouse, Park, Playground, Pool, Trail(s)
  • Association Fee: 88.54
  • Phone: 720-425-5475
  • Association: Yes

Schools

  • School District: St. Vrain Valley RE-1J
  • Elementary School: Erie
  • Middle School: Erie
  • High School: Erie
  • Middle Or Junior School: Erie

Lot Info

  • Parcel Number: R8969443
  • Lot Size Acres: 0.17
  • Building Area Total: 5233.00
  • Lot Size Sq Ft: 7555.00

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7.00

MLS Schools

  • Elementary School: Erie
  • High School: Erie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
May 26, 2023
Sold by
Lennar Colorado Llc
Bought by
Stepanich Scott Michael and Kloss Tetrena Stakely
Seller's Agent
Kris Ceretto
Coldwell Banker Realty 56
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$885,000
Sold Price
$875,000
Premium/Discount to List
-$10,000
-1.13%
Views
4
Current Estimated Value
$913,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,738
Avg. Annual Appreciation
1.81%
Original Mortgage
$700,000
Outstanding Balance
$680,106
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$233,632
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
Stepanich Scott Michael $875,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepanich Scott Michael $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $875,000 -0.6% $250 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/01/2022 11/01/22 Price Changed $880,000 -0.6% $252 / Sq Ft
10/20/2022 10/20/22 For Sale $885,000 -- $253 / 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
2025 $8,587 $52,350 $9,310 $43,040
2024 $8,587 $52,350 $9,310 $43,040
2023 $1,655 $10,180 $10,180 $46,600
2022 $170 $1,030 $1,030 $0
2021 $7 $10 $10 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1698420

REcolorado®

APN: R8969443