NOT LISTED FOR SALE

1940 Mahogany Way Severance, CO 80550

Estimated Value: $507,000 - $547,000

5 Beds
3 Baths
2,854 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $367,000 $129 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,221/month

37 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Double Pane Windows
  • Skylights
  • Bay Window
  • Tandem Parking

About This Home

As of September 2017

Move in condition ranch home with garden level basement that backs up to open space (no rear neighbors). Spacious 3 bedroom & 2 Bathrooms on the main floor with a large master bedroom & bathroom (Bring your king bed and furniture). 2 additional bedrooms & 1 bath with a large family room in the basement. New Rinnai tank less water heater. Assumable VA loan fixed at 3.25

Last Agent to Sell the Property

Paul Frekey

Resident Realty Listed on: 07/13/2017

Last Buyer's Agent

Michelle Hubbard

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 2006

Lot Details

  • 9,060 Sq Ft Lot
  • West Facing Home
  • Sloped Lot
  • Sprinkler System

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,854 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Dining Room
  • Vinyl Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Mineral Rights Excluded

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include common amenities
  • Timber Ridge Pud 3Rd Fg Subdivision

Listing and Financial Details

  • Assessor Parcel Number R3529505

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

Built in 2006

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Year Built: 2006
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Timber Ridge PUD 3rd fg
  • Above Grade Finished Sq Ft: 1664
  • 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: 3328
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Microwave
  • Has Basement: Full, 90%+ Finished Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1664
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room, Stain/Natural Trim, Walk-In Closet(s)
  • Living Area: 2854
  • Window Features: Window Coverings, Bay Window(s), Skylight(s), Double Pane Windows
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 21
  • Master Bedroom Features: Vinyl Floor
  • Room Kitchen Features: Vinyl Floor
  • Room Kitchen Area: 169
  • Room Master Bedroom Area: 336
  • Master Bathroom Features: Full Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Mineral Rights Excluded, Sloped
  • View: Plains View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: West
  • Exterior Features: Lighting
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, Tandem
  • IRESDS_Garage Sq Ft: 710
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Electric: Electric, Poudre
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, District Water, severance
  • Gas Company: Natural Gas, Excel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Senior Community: No
  • Association Fee: 155
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: SFR
  • Lot Size Sq Ft: 9060
  • Parcel #: R3529505
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2170

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2025
Sold by
Peterson Vicki D
Bought by
Victoria Peterson Living Trust
Current Estimated Value
$528,953

Purchase Details

Listed on
Jul 13, 2017
Closed on
Sep 5, 2017
Sold by
Kelly Michael E
Bought by
Peterson Vicki D
Seller's Agent
Paul Frekey
Resident Realty
Buyer's Agent
Michelle Hubbard
RE/MAX Alliance-FTC South
List Price
$385,000
Sold Price
$367,000
Premium/Discount to List
-$18,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Closed on
Feb 10, 2006
Sold by
Aspen Homes Of Colorado Inc
Bought by
Kelly Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.15%
Mortgage Type
VA

Purchase Details

Closed on
Sep 14, 2005
Sold by
Timber Ridge Severance Iii Llc
Bought by
Aspen Homes Of Colorado Inc
Source: Public Records

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Range of Values:

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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
Victoria Peterson Living Trust -- None Listed On Document
Peterson Vicki D $367,000 Fidelity National Title
Kelly Michael E $299,651 Land Title Guarantee Company
Aspen Homes Of Colorado Inc $37,500 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Michael E $257,751
Previous Owner Kelly Michael E $260,770
Previous Owner Kelly Michael E $260,063
Previous Owner Kelly Michael E $15,000
Previous Owner Kelly Michael E $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $367,000 -- --
09/05/2017 09/05/17 Sold $367,000 -4.7% $129 / Sq Ft
08/19/2017 08/19/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $385,000 -- $135 / 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
2024 $3,134 $32,540 $5,690 $26,850
2023 $2,879 $36,540 $5,890 $30,650
2022 $2,700 $27,530 $4,660 $22,870
2021 $2,518 $28,310 $4,790 $23,520
2020 $2,370 $27,160 $3,580 $23,580
2019 $2,349 $27,160 $3,580 $23,580
2018 $2,230 $24,420 $2,810 $21,610
2017 $2,360 $24,420 $2,810 $21,610
2016 $2,170 $22,680 $2,470 $20,210
2015 $2,020 $22,680 $2,470 $20,210
2014 $1,756 $18,500 $2,070 $16,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 826384

IRES MLS

APN: R3529505