NOT LISTED FOR SALE

223 E 5th Ave Otis, CO 80743

Estimated Value: $137,000 - $195,989

2 Beds
2 Baths
2,931 Sq Ft
$55/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $195,000 $67 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $877/month

About This Home

As of October 2022

This 2 bedroom 2 bath home has an open floor plan with lots of natural light. The living room has a built-in window seat that offers storage. The kitchen has ample counter space and cabinets. The basement offers a family room, bonus room, storage room, 3/4 bath and a wood working space. The backyard is full fenced in with a covered patio. The large 40X 60 has two oversize doors and access from the driveway and alley.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Harms Tony A and Harms Tony
Bought by
Heater Stanley M
Current Estimated Value
$162,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,485
Outstanding Balance
$192,753
Interest Rate
6.66%
Estimated Equity
-$30,506

Purchase Details

Closed on
Sep 29, 2022
Sold by
Gunther Rex E
Bought by
Harms Arleen S and Harms Lila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,485
Outstanding Balance
$192,753
Interest Rate
6.66%
Estimated Equity
-$30,506

Purchase Details

Closed on
Oct 23, 2013
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
Heater Stanley M $48,750 None Listed On Document
Heater Stanley M -- --
Harms Arleen S $48,750 --
Harms Arleen S -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heater Stanley M $199,485
Closed Heater Stanley M $199,485
Closed Harms Arleen S $199,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $195,000 +2.6% $67 / Sq Ft View Prior Sale
08/23/2022 08/23/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $190,000 -17.4% $65 / Sq Ft
06/20/2022 06/20/22 For Sale $230,000 -- $78 / Sq Ft

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 $204 $5,797 $683 $5,114
2023 $204 $34,776 $4,098 $30,678
2022 $392 $3,932 $309 $3,623
2021 $395 $4,044 $317 $3,727
2020 $271 $1,385 $0 $0
2019 $134 $2,770 $317 $2,453
2018 $119 $2,375 $319 $2,056
2016 -- $2,424 $353 $2,071
2015 -- $0 $0 $0
2013 -- $2,774 $353 $2,421
2012 -- $2,774 $353 $2,421
Source: Public Records

Agents Affiliated with this Home

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