NOT LISTED FOR SALE

2008 Otter Pond Cir Montrose, CO 81401

Estimated Value: $749,000 - $774,000

5 Beds
3.5 Baths
3,290 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $496,500 $151 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,337/month

Highlights

  • RV or Boat Parking
  • Deck
  • Main Floor Primary Bedroom
  • Lake View
  • Wood Flooring
  • Corner Lot

About This Home

As of November 2020

You will find the perfect balance between formal and casual living in this stunning 5-bedroom, 3.5 bathroom home in Otter Pond. On the main floor you will find, a spacious master suite with its own private access to the back deck and easy access to the laundry room, a sunny and bright open office, cheerful kitchen built for function and flexibility, both a living room and a den with a fireplace. The walkout basement has so many options, multi-generation living, game room, entertainment….and so much more!!! In the walk out basement you will find a theater room, bedroom, full bath, and LOTS of storage. The front yard is fully landscaped with mature trees, and the backyard has tons of space to park your toys, put playground equipment, whatever your preference is! This property has a wonderful location, not only can you enjoy Otter Pond for fishing, swimming, and paddle boarding but it’s also in walking distance to shopping, and the Montrose Recreation Center. You want to miss this one!!! Schedule your showing today!!!

Last Agent to Sell the Property

Casey Wareham

NextHome Virtual Listed on: 06/11/2020

NextHome Virtual

Last Buyer's Agent

Yvonne Lund

RE/MAX Alpine View

RE/MAX Alpine View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 2000

Lot Details

  • 0.6 Acre Lot
  • Landscaped
  • Corner Lot

HOA Fees

  • $32 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Stick Built Home
  • Stucco

Interior Spaces

  • 3,290 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Den with Fireplace
  • 1 Home Office
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 3 Car Attached Garage
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Cottonwood K-5 Elementary School
  • Columbine 6-8 Middle School
  • Montrose 9-12 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Otter Pond HOA

Listing and Financial Details

  • Assessor Parcel Number 399304137001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,383

Year Built

Built in 2000

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Disposal
  • Estimated Total Acres: 0.6
  • Class: RESIDENTIAL
  • Em Deposit: 5,000
  • Em Holder: Land Title Guarantee Comp
  • Exterior Inclusions: Landscaping, Patio, Deck
  • Interior Inclusions: Pantry
  • Legal Lot Block: Lot 33, Otter Pond Subdivision Filing NO. 4, County of Montrose, State of Colorado
  • List Price per Sq Ft: 155.02
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 399304137001
  • Price Per Sq Ft: 150.91
  • Property Description: Corner
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Stucco
  • Sold Price Sq Ft: 150.91
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Circle
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter
  • Internet Service: Yes
  • Total Taxes Dollar: $1,968.64
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen/Dining, Separate Dining
  • Dining Room: Yes
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 3290
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Family Room: Yes
  • Fireplace Location Type: Den/Family Room
  • Foundation: Basement-walk out
  • Master Bedroom Level: Main Level
  • Total Office Den: 1

Exterior Features

  • Construction Type: Wood
  • Roof: Composition
  • Views: Mountains, Lake/Pond/Reservoir

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

  • Cooling: Central A/C
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air, Fireplace
  • Sewer Supplier: City of Montrose
  • Water Supplier: City of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 388.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Otter Pond

Schools

  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Cottonwood K-5
  • Middle School: Columbine 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 30, 2020
Sold by
Woodruff Kevin and Woodruff Kelly
Bought by
Howe Nathan P and Howe Allison M
Seller's Agent
Casey Wareham
NextHome Virtual
Buyer's Agent
Yvonne Lund
RE/MAX Alpine View
List Price
$510,000
Sold Price
$496,500
Premium/Discount to List
-$13,500
-2.65%
Current Estimated Value
$764,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,187
Avg. Annual Appreciation
9.12%
Original Mortgage
$397,200
Outstanding Balance
$353,452
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$411,235

Purchase Details

Closed on
Jul 5, 2011
Sold by
The Bank Of New York Mellon
Bought by
Woodruff Kavin and Woodruff Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Landis David and Landis Linda
Bought by
The Bank Of New York Mellon and The Certificateholders Cwalt Inc

Purchase Details

Closed on
Dec 22, 2000
Sold by
Landis David
Bought by
Landis David and Landis Linda

Purchase Details

Closed on
Jan 7, 2000
Sold by
Otter Pond Lllp
Bought by
Landis David
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
Howe Nathan P $496,500 Land Title Guarantee Co
Woodruff Kavin $300,000 None Available
The Bank Of New York Mellon -- None Available
Landis David -- --
Landis David $33,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howe Nathan P $397,200
Previous Owner Woodruff Kavin $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $496,500 -2.6% $151 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $510,000 0.0% $155 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $510,000 -- $155 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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 $3,383 $43,510 $6,050 $37,460
2023 $3,383 $48,960 $6,810 $42,150
2022 $2,356 $33,760 $4,520 $29,240
2021 $2,427 $34,730 $4,650 $30,080
2020 $1,956 $28,770 $4,030 $24,740
2019 $1,969 $28,770 $4,030 $24,740
2018 $2,027 $28,870 $3,380 $25,490
2017 $2,011 $28,870 $3,380 $25,490
2016 $1,882 $27,470 $3,410 $24,060
2015 $1,849 $27,470 $3,410 $24,060
2014 $1,595 $25,330 $3,410 $21,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 770741

Colorado Real Estate Network (CREN)

APN: R0014212