NOT LISTED FOR SALE

1987 Lazy Z Rd Nederland, CO 80466

Estimated Value: $804,000 - $1,033,226

3 Beds
3 Baths
3,233 Sq Ft
$282/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $505,000 $156 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,278/month

3 Days on Market

Highlights

  • Parking available for a boat
  • Barn or Stable
  • Open Floorplan
  • Nederland Elementary School Rated 9+
  • 10.03 Acre Lot
  • Mountain View

About This Home

As of May 2018

This property has great potential for a vacation home or year round living. Large Ranch with walkout basement and full covered deck running the length of the home that boosts great mountain views. Detached four stall stable with storage and office space on second floor.

Last Agent to Sell the Property

Tom Ladtkow

RE/MAX Northwest Listed on: 04/16/2018

RE/MAX Northwest

Last Buyer's Agent

Jackie Jones

RE/MAX Alliance-Nederland

RE/MAX Alliance-Nederland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 1991

Lot Details

  • 10.03 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Dirt Road
  • Rock Outcropping
  • Steep Slope
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Parking available for a boat

Home Design

  • Cabin
  • Wood Frame Construction
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3,233 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room with Fireplace
  • Family Room
  • Wood Flooring
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Electric Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outbuilding

Schools

  • Boulder Community Elementary School
  • Nederland Middle School
  • Nederland High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Hay Storage
  • Barn or Stable

Utilities

  • Forced Air Heating System
  • Propane
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Nederland Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0026612

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1991
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 10.03
  • Road Frontage Type: Private Road, 4x4 Required to Access
  • Road Surface Type: Road Improvement Needed, Dirt
  • Subdivision Name: Nederland
  • Above Grade Finished Sq Ft: 1655
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3233
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven
  • Has Basement: 90%+ Finished Basement, Walk-Out Access
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1578
  • Fireplace Features: Great Room
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Open Floorplan, Kitchen Island
  • Living Area: 3075
  • Room Bedroom3 Features: Other Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom3 Area: 80
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 80
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 12
  • Room Family Room Area: 144
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Other Floor
  • Master Bedroom Features: Other Floor
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Other Floor
  • Room Kitchen Area: 120
  • Room Master Bedroom Area: 120
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Wooded, Steep Slope, Rock Outcropping
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Log
  • Other Structures: Storage, Outbuildings
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: RV/Boat Parking, Oversized
  • IRESDS_Garage Sq Ft: 700
  • IRESDS_GarageType: Attached

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Electricity Available, Propane
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Boulder Community
  • HighSchool: Nederland
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Nederland

Lot Info

  • Zoning: F
  • Current Use: Horses
  • Horse Amenities: Barn with 3+ Stalls, Tack Room, Hay Storage
  • Lot Size Sq Ft: 436802
  • Parcel #: R0026612
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3645

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 14, 2018
Sold by
Lsf9 Master Participation Trust
Bought by
Smith Michael B
Seller's Agent
Tom Ladtkow
RE/MAX Northwest
Buyer's Agent
Jackie Jones
RE/MAX Alliance-Nederland
List Price
$504,900
Sold Price
$505,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$912,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,807
Avg. Annual Appreciation
8.35%
Original Mortgage
$404,000
Outstanding Balance
$347,857
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$564,950

Purchase Details

Closed on
Oct 12, 2016
Sold by
Seiler Mike and Household Finance Corp Iii
Bought by
Lsf9 Master Participation Trust

Purchase Details

Closed on
Dec 29, 2000
Sold by
Dinshah Seiler Micheal and Dinshah Ursula S
Bought by
Seiler Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,800
Interest Rate
8.75%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Cook John Dale
Bought by
Seiler Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,300
Interest Rate
8.95%

Purchase Details

Closed on
Dec 16, 1988
Bought by
Lsf9 Master Participation Trust
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
Smith Michael B $505,000 Colorado Escrow & Title
Lsf9 Master Participation Trust -- None Available
Seiler Mike -- --
Seiler Michael $347,000 Land Title
Lsf9 Master Participation Trust $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael B $404,000
Previous Owner Seiler Mike $319,800
Previous Owner Seiler Michael $312,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $505,000 -- --
05/15/2018 05/15/18 Sold $505,000 0.0% $156 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $504,900 -- $156 / 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 $5,040 $54,632 $11,763 $42,869
2024 $5,040 $54,632 $11,763 $42,869
2023 $4,948 $57,855 $15,980 $45,560
2022 $4,243 $46,107 $9,834 $36,273
2021 $4,187 $47,434 $10,117 $37,317
2020 $3,242 $36,215 $9,653 $26,562
2019 $3,190 $36,215 $9,653 $26,562
2018 $3,773 $42,207 $9,144 $33,063
2017 $3,672 $46,661 $10,109 $36,552
2016 $3,645 $40,668 $10,985 $29,683
2015 $3,460 $41,067 $19,980 $21,087
2014 $3,591 $41,067 $19,980 $21,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 847118

IRES MLS

APN: 1581230-00-025