NOT LISTED FOR SALE

199 Monares Ln Erie, CO 80516

Estimated Value: $643,000 - $777,000

5 Beds
3.5 Baths
3,622 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $495,000 $137 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,080/month

9 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Loft
  • Red Hawk Elementary School Rated A-
  • Cathedral Ceiling
  • Hiking Trails

About This Home

As of July 2020

Entertainers dream! Remodeled kitchen with granite counters & marble backsplash, 5 burner gas stove & extra cabinets. The backyard has a large Trex deck, new pergola, new french drain & retaining wall, lollipop trees, updated landscaping, & lots of space for entertaining. Front porch has views of the mountains & park. Open floor plan with family room, gas fireplace, dining room, laundry, & half bath on the main floor. Upstairs is a large master suite with mountain views, custom walk-in closet, a

Last Agent to Sell the Property

Bernadette Melton

Compass-Denver Listed on: 06/11/2020

Compass-Denver

Last Buyer's Agent

Rod Wilcox

Rod Wilcox Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,517

Year Built

  • Built in 2003

Lot Details

  • 5,182 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,622 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Loft
  • Radon Detector

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Red Hawk Elementary School
  • Erie Middle School
  • Erie High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R1296102

Community Details

Overview

  • Association fees include common amenities, management
  • Grandview Subdivision

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,517

Year Built

Built in 2003

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Year Built: 2003
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Subdivision Name: Grandview
  • Directions: Erie Parkway, south on Bonanza, right on McAfee Circle, left on Monares, directly across from the park
  • Above Grade Finished Sq Ft: 2418
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3622
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Microwave, Disposal
  • Has Basement: Full, 90%+ Finished Basement, Built-In Radon, Sump Pump
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1204
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Loft, Kitchen Island
  • Living Area: 3622
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 14
  • Room Bedroom2 Level: Upper
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Family Room Level: Main
  • Room Kitchen Features: Tile Floor
  • Room Kitchen Area: 252
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 266
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Whole House Fan
  • Electric: Electric
  • 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
  • Sewer: City Sewer
  • Water Source: City Water, public
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Management
  • Community Features: Park, Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 180
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Red Hawk
  • HighSchool: Erie
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Erie

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 5182
  • Parcel #: R1296102
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3517

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Jul 28, 2020
Sold by
Vogele Adam and Vogele Sara
Bought by
Dunn Molly
Seller's Agent
Bernadette Melton
Compass-Denver
Buyer's Agent
Rod Wilcox
Rod Wilcox Real Estate
List Price
$490,000
Sold Price
$495,000
Premium/Discount to List
$5,000
1.02%
Current Estimated Value
$691,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,194
Avg. Annual Appreciation
6.58%
Original Mortgage
$230,000
Outstanding Balance
$204,403
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$486,791

Purchase Details

Closed on
Mar 2, 2018
Sold by
Bhavansikar Raghavendra and Bhavansikar Saritah
Bought by
Vogele Adam and Vogele Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Fatta Henry M
Bought by
Bhavansikar Raghavendar and Bhavansikar Saritha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.38%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 25, 2003
Sold by
Kb Home Colorado Inc
Bought by
Fatta Henry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,200
Interest Rate
3.75%
Mortgage Type
Unknown
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
Dunn Molly $495,000 First American Title
Vogele Adam $320,000 Fidelity National Title
Bhavansikar Raghavendar $255,000 Guardian Title
Fatta Henry M $240,229 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Molly $230,000
Previous Owner Vogele Adam $288,000
Previous Owner Bhavansikar Raghavendar $204,000
Previous Owner Fatta Henry M $228,200
Closed Bhavansikar Raghavendar $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Off Market $495,000 -- --
07/29/2020 07/29/20 Sold $495,000 +1.0% $137 / Sq Ft
06/11/2020 06/11/20 For Sale $490,000 -- $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
2025 $4,397 $43,560 $7,880 $35,680
2024 $4,397 $43,560 $7,880 $35,680
2023 $4,239 $45,250 $7,850 $37,400
2022 $3,741 $34,720 $5,910 $28,810
2021 $3,821 $35,720 $6,080 $29,640
2020 $3,484 $32,810 $4,650 $28,160
2019 $3,517 $32,810 $4,650 $28,160
2018 $2,708 $25,310 $3,600 $21,710
2017 $2,632 $25,310 $3,600 $21,710
2016 $2,374 $22,540 $3,980 $18,560
2015 $2,303 $22,540 $3,980 $18,560
2014 $2,045 $19,880 $3,980 $15,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 915194

IRES MLS

APN: R1296102