2225 S Iola St Aurora, CO 80014
Village East NeighborhoodEstimated payment $3,171/month
Highlights
- Mountain View
- Cul-De-Sac
- Landscaped with Trees
- Corner Lot
- Park
- 5-minute walk to Havana Heights Park
About This Lot
Fantastic Investment Opportunity. Last Undeveloped Land in Private Neighborhood HOA Community. There is no Real Estate Sign at Property. Please be mindful of Current Homeowners in the Neighborhood. This will be the Only Units, in Waterford Place, with a 2 Car Garage for Each New Townhome. All Documents Available and City of Aurora Ready for Permits. Triplex, Once Building is Completed can File for Division of Units to then Sell as Three Separate individual Improved Property Lots. Administrative Approval on Triplex Land Development. Drainage Plan Approved. Complete Detention Pond Project included in Plans. Triplex Design Approved. Land Survey Complete. HOA Dues not Payable and Due until Occupancy Permits are Received for each Unit. Current Owner pays Periodically for Lawn Mowing. HOA covers Snow Removal, Private Road Care, Signage, Common Landscaping, Lawn Care, Trash & Non Potable Water Use. Last Property Sale was Inter Office LLC Transfer Between Partners. Seller will be performing a 1031 Exchange. All Inquiries Welcome. Please Call the Agent with any Questions and all Inquiries to Provide additional information needed. Seller willing to Discuss Taking on Building Project to its Fruition for a Buyer/Investor. Seller will continue Obtaining permits, Utility Installation and all necessary Construction pursuits while this Property is on the Market. Updates will be made. Please call with Any Questions. This is a Unique Opportunity. Attached Documents: Some are not Recorded yet, Minor Changes could be made, However City of Aurora is in Final Approval for Document Recording. HOA Agreements are Finalized and to be recorded for Building Construction Accommodations etc. Title Commitment is Pulled and Updated as needed as we move forward.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,925
Lot Details
- 9,583 Sq Ft Lot
- Cul-De-Sac
- North Facing Home
- Partially Fenced Property
- Wood Fence
- Corner Lot
- Level Lot
- Landscaped with Trees
- Development of land is proposed phase
- Property is zoned R-2
HOA Fees
- $250 Monthly HOA Fees
Property Views
- Mountain Views
Location
- Mineral Rights Excluded
- City Lot
Schools
- Ponderosa Elementary School
- Prairie Middle School
- Overland High School
Utilities
- Gas Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 197326244009
Community Details
Overview
- Association fees include trash, snow removal, ground maintenance, management
- Waterfordplace James Musselman Association, Phone Number (720) 936-3628
- Waterford Place Sub 2Nd Flg 1St Amd Subdivision
Recreation
- Park
- Exterior Lighting
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,925 | $42,120 | -- | -- |
| 2024 | $4,343 | $62,775 | -- | -- |
| 2023 | $4,343 | $62,775 | $0 | $0 |
| 2022 | $4,332 | $59,813 | $0 | $0 |
| 2021 | $4,238 | $59,813 | $59,813 | $0 |
| 2020 | $3,853 | $53,650 | $0 | $0 |
| 2019 | $3,717 | $53,650 | $0 | $0 |
| 2018 | $3,207 | $43,500 | $0 | $0 |
| 2017 | $3,161 | $37,500 | $0 | $0 |
| 2016 | $2,023 | $26,100 | $0 | $0 |
| 2015 | $1,925 | $26,100 | $0 | $0 |
| 2014 | -- | $11,310 | $0 | $0 |
| 2013 | -- | $11,310 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/26/2025 12/26/25 | For Sale | $485,000 | +223.3% | -- | |
| 04/16/2024 04/16/24 | Sold | $150,000 | -34.8% | -- | View Prior Sale |
| 04/04/2024 04/04/24 | Pending | -- | -- | -- | |
| 04/02/2024 04/02/24 | For Sale | $230,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Land Title | |
| Warranty Deed | $130,000 | Fidelity National Title Ins | |
| Special Warranty Deed | $65,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $615,000 | Construction |
Source: IRES MLS
MLS Number: IRE1048725
APN: 1973-26-2-44-009
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