$320,000
SOLD OCT 29, 2024

2040 Scarborough Way Unit H Montrose, CO 81401

2 Beds
2 Baths
1,443 Sq Ft
$160/mo HOA Fee

Recently Sold

$222 Per Sq Ft

3% Below List Price

92 Days on Market

Highlights

  • Adjacent to Greenbelt
  • 2 Car Attached Garage
  • Evaporated cooling system
  • Ranch Style House
  • Combination Dining and Living Room
  • Carpet

About This Home

As of October 2024

This property really has it all.... Great location, close to shopping Well accepted area in Montrose Exceptional investment property or this could be your dream RETIREMENT HOME!!! NO OUTSIDE MAINTENANCE, SUCH AS LAWN CARE AND SNOW REMOVAL. But Wait there is more. 1/2 of the patio is enclosed and heated. Total SF of the home is 1443 the home is vacant and is ready to show The home has been updated with new carpet Painted inside and out even the garage Super neat, clean and ready to move in.. Home warranty included PLEASE NOTE THAT THERE IS A HANDICAP ACCESS RAMP IN THE GARAGE

Last Agent to Sell the Property

Scott Scarborough

Montrose-RealEstate.com Listed on: 07/18/2024

Last Buyer's Agent

Brian Byrd

Byrd & Company Real Estate LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 1998 | Remodeled in 2023

Lot Details

  • Adjacent to Greenbelt

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Raised Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,443 Sq Ft Home
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Montrose 9-12 High School

Utilities

  • Evaporated cooling system
  • Hot Water Baseboard Heater
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Association fees include irrigation, landscaping, sewer, trash, water, snow removal, lawn
  • Scarborough South HOA
  • Scarborough South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 376735241003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,284

Year Built

Built in 1998 | Remodeled in 2023

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Disposal, Range/Oven
  • Estimated Total Acres: 0.25
  • Class: RESIDENTIAL
  • Em Deposit: $5000
  • Em Holder: Fidelity
  • Interior Inclusions: Garage Door Opener
  • Legal Lot Block: Scarborough South filing #12, Unit H 35T49R9
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 376735241003
  • Price Per Sq Ft: 221.76
  • Property Attached: Yes
  • Property Description: Adj to Greenbelt
  • Real Estate Included: Yes
  • Realist Id: 3767-352-41-003
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Brick, Masonite
  • Sold Price Sq Ft: 221.76
  • Street Descriptionaccess: City/Town
  • Street Designation: Way
  • Tax Account Id: 001140
  • Zoning: Residential Single Family
  • Type: Townhouse
  • Hoa Dogs Allowed: Yes-w/restrictions
  • HOA Fees: Yes
  • Internet Provider: Elevate
  • Internet Service: Yes
  • Total Taxes Dollar: 1284.28
  • Year Built: 1998
  • Year Renovated: 2023
  • Foreign Owned Y N: No
  • Prop Description Remarks: This property really has it all.... Great location, close to shopping Well accepted area in Montrose Exceptional investment property or this could be your dream RETIREMENT HOME!!! NO OUTSIDE MAINTENANCE, SUCH AS LAWN CARE AND SNOW REMOVAL. But Wait there is more. 1/2 of the patio is enclosed and heated. Total SF of the home is 1443 the home is vacant and is ready to show The home has been updated with new carpet Painted inside and out even the garage Super neat, clean and ready to move in.. Home warranty included PLEASE NOTE THAT THERE IS A HANDICAP ACCESS RAMP IN THE GARAGE
  • Subdv Name: Scarborough South
  • Unit Suite Number: H
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 17

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1443
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Foundation: Stemwall, Crawl Space, Concrete
  • Main Level Sq Ft: 1443
  • Master Bedrm Dimensions: 17x12
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Brick, Wood Frame
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Cooling: Evaporative Cooler
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Boiler, Hot Water Baseboard
  • Sewer Supplier: City of Montrose
  • Water Heater: Gas Water Heater
  • Water Supplier: City of Montrose

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Irrigation, Landscaping, Sewer, Trash, Water, Snow Removal, Lawn
  • Hoametro Fees: 160
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Scarborough South

Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment
  • High School: Montrose 9-12
  • High School: Montrose 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Oct 29, 2024
Sold by
Scarborough Family Trust
Bought by
Kraus David Peter
Seller's Agent
Scott Scarborough
Montrose-RealEstate.com
Buyer's Agent
Brian Byrd
Byrd & Company Real Estate LLC
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Views
66
Current Estimated Value
$335,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,829
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Jan 19, 2022
Sold by
Mack And Donna Louisi Scarborough Family
Bought by
Scarborough Family Trust

Purchase Details

Closed on
Jul 20, 2012
Sold by
Scarborough Mack and Scarborough Donna L
Bought by
Mack And Donna L Scarborough Trust

Purchase Details

Closed on
Jun 20, 2006
Sold by
Mack & Donna L Scarborough Family Trust
Bought by
Scarborough Mack and Scarborough Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Ludwig Richard J
Bought by
Mack & Donna L Scarborough Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2001
Sold by
Ludwig Evy E
Bought by
Ludwig Richard J

Purchase Details

Closed on
May 10, 1999
Sold by
Phillips Construction Co
Bought by
Ludwig Richard and Ludwig Evy E
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 Type Sale Price Title Company
Warranty Deed $320,000 Fntc
Quit Claim Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- Security Title
Warranty Deed $152,000 Security Title
Deed -- --
Deed $102,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $63,000 New Conventional
Previous Owner $121,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $320,000 -1.5% $222 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $325,000 +0.6% $225 / Sq Ft
09/17/2024 09/17/24 Price Changed $323,000 -0.9% $224 / Sq Ft
08/12/2024 08/12/24 Price Changed $325,900 +1.9% $226 / Sq Ft
08/06/2024 08/06/24 Price Changed $319,900 -3.0% $222 / Sq Ft
07/18/2024 07/18/24 For Sale $329,900 -- $229 / 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 $1,344 $18,640 $2,800 $15,840
2023 $1,344 $23,160 $3,480 $19,680
2022 $1,029 $14,750 $2,430 $12,320
2021 $1,060 $15,170 $2,500 $12,670
2020 $916 $13,470 $2,070 $11,400
2019 $922 $13,470 $2,070 $11,400
2018 $741 $10,560 $1,670 $8,890
2017 $735 $10,560 $1,670 $8,890
2016 $741 $10,810 $1,610 $9,200
2015 $728 $10,810 $1,610 $9,200
2014 $613 $9,730 $1,400 $8,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 816117

Colorado Real Estate Network (CREN)

APN: R0014593