$200,000
SOLD NOV 9, 2016
0.26 Acre
$769,231 Price per Acre
11,326 Sq Ft Lot

Recently Sold

$262 Per Sq Ft

15% Below List Price

138 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • High Speed Internet
  • Erie Elementary School Rated A

About This Lot

As of November 2016

Here is an incredible opportunity to own an important lot in one of the most up-and-coming markets in the area before it reaches Louisville and Lafayette prices. This property is zoned for residential or commercial development on Erie's charming "main street". Situated on a huge corner lot, you will be steps from restaurants, brewpubs, farmer's market, and the hub of this vibrant community. All the tap fees, impact fees, soils reports are paid for!

Last Agent to Sell the Property

Rebecca Holley

West and Main Homes Listed on: 05/25/2016

West and Main Homes

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $343

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Property is zoned Mixed-Use

Schools

  • Erie Elementary And Middle School
  • Erie High School

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Erie Subdivision

Listing and Financial Details

  • Assessor Parcel Number R5774786

Property Details

Property Type

Land

Est. Annual Taxes

$343

Lot Details

0

Listing Details

  • Development Status: Boundaries Marked
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Erie
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Single Family, Commercial
  • Interior Amenities: High Speed Internet

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront: No

Utilities

  • Electric: Electricity at Property, Xcel
  • Utilities: Natural Gas at Property, Gas Tap Paid
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas at Property, Gas Tap Paid, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Mixed-Use
  • Lot Size Sq Ft: 11250
  • Parcel #: R5774786
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 343

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Nov 9, 2016
Sold by
Sanders Adam and Sanders Carly
Bought by
Hofmeister Properties Llc
Seller's Agent
Rebecca Holley
West and Main Homes
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$234,900
Sold Price
$200,000
Premium/Discount to List
-$34,900
-14.86%
Current Estimated Value
$319,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,290
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
May 18, 2015
Closed on
Feb 19, 2016
Sold by
Woodruff Doak E
Bought by
Sanders Adam and Sanders Carly
Seller's Agent
Dennis Schwab
Your Castle Real Estate LLC
Buyer's Agent
Rebecca Holley
West and Main Homes
List Price
$225,000
Sold Price
$201,000
Premium/Discount to List
-$24,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2014
Sold by
Sherman Mark S and Sherman Sheila P
Bought by
Woodruff Doak E

Purchase Details

Closed on
Oct 29, 1996
Sold by
Peterson Sheila P
Bought by
Sherman Sheila P

Purchase Details

Closed on
May 5, 1992
Sold by
Quezada Grorgia
Bought by
Sherman Mark S and Sherman Sheila P
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $200,000 Fidelity National Title
Warranty Deed $201,000 Land Title Guarantee Co
Warranty Deed $170,000 Heritage Title
Quit Claim Deed -- --
Deed $26,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,000 Construction
Previous Owner $114,400 Fannie Mae Freddie Mac
Previous Owner $72,800 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $200,000 -- --
01/28/2019 01/28/19 Off Market $201,000 -- --
11/09/2016 11/09/16 Sold $200,000 -14.9% $262 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $234,900 +16.9% $307 / Sq Ft
02/19/2016 02/19/16 Sold $201,000 -10.7% $263 / Sq Ft
12/15/2015 12/15/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $225,000 -- $295 / 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 $5,034 $45,560 $45,560 --
2024 $5,034 $45,560 $45,560 --
2023 $4,853 $47,080 $47,080 $0
2022 $5,274 $48,940 $48,940 $0
2021 $5,235 $48,940 $48,940 $0
2020 $3,465 $32,630 $32,630 $0
2019 $3,497 $32,630 $32,630 $0
2018 $1,397 $13,050 $13,050 $0
2017 $1,357 $13,050 $13,050 $0
2016 $354 $3,360 $3,360 $0
2015 $343 $3,360 $3,360 $0
2014 $920 $8,940 $3,360 $5,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 792404

IRES MLS

APN: R5774786