Seller's Agent in 2015
Matthew Revitte
Pro Realty Old Town
(800) 224-4709
55 Total Sales
225 Lake St Unit 225 1/2 Fort Morgan, CO 80701
Estimated Value: $240,000 - $336,000
5
Beds
3
Baths
2,674
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Baseboard Heating
- Contemporary Architecture
- Forced Air Heating System
- Partially Fenced Property
About This Home
As of November 2015**DAYLIGHT SHOWINGS ONLY** This is a Fannie Mae HomePath Property. Take advantage of the RED HOT Rental market with low vacancy rate, Two separate houses on large deep lot with alley access, front house has 2-beds, 1-bath with unfinished basement and covered porch, rear house has 3-beds, 2-baths with finished basement and possibility of second unit, 1-car detached garage, lots of potential. Near schools and park.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $816
Year Built
- Built in 1908
Lot Details
- 9,000 Sq Ft Lot
- Partially Fenced Property
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,674 Sq Ft Home
- 1-Story Property
- City Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Schools
- Fort Morgan Elementary And Middle School
- Fort Morgan High School
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 122906422003
Community Details
Overview
- No Home Owners Association
- 2 Units
- Fort Morgan Original Town Subdivision
Building Details
- Gross Income $13,580
- Net Operating Income $9,364
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 30, 2025
Sold by
Ryzen Enterprises Llc
Bought by
M & G Rentals Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$330,000
Interest Rate
1.4%
Mortgage Type
Construction
Estimated Equity
-$50,113
Purchase Details
Listed on
Jul 27, 2015
Closed on
Sep 25, 2015
Sold by
Fannie Mae
Bought by
Ryzen Enterprises Llc
Seller's Agent
Matthew Revitte
Pro Realty Old Town
Buyer's Agent
Michele Owen
RE/MAX Homestead Northeast
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$73,360
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 3, 2006
Sold by
Hester Verl and Hester Judy Aa
Bought by
Cooley Leory O and Cooley Esther R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M & G Rentals Llc | $240,000 | Fitco (First Integrity Title C | |
| M & G Rentals Llc | $240,000 | Fitco (First Integrity Title C | |
| Ryzen Enterprises Llc | $85,000 | None Available | |
| Ryzen Enterprises Llc | $85,000 | None Available | |
| Cooley Leory O | $125,000 | None Available | |
| Cooley Leory O | $125,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | M & G Rentals Llc | $330,000 | |
| Previous Owner | Ryzen Enterprises Llc | $73,360 | |
| Previous Owner | Cooley Leory O | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2019 01/28/19 | Off Market | $85,000 | -- | -- |
| 11/13/2015 11/13/15 | Sold | $85,000 | -14.9% | $32 / Sq Ft |
| 10/14/2015 10/14/15 | Pending | -- | -- | -- |
| 07/27/2015 07/27/15 | For Sale | $99,900 | -- | $37 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $1,188 | $14,840 | $2,510 | $12,330 |
| 2023 | $1,421 | $17,510 | $3,130 | $14,380 |
| 2022 | $1,336 | $16,300 | $3,000 | $13,300 |
| 2021 | $1,392 | $16,960 | $3,150 | $13,810 |
| 2020 | $1,012 | $12,000 | $3,000 | $9,000 |
| 2019 | $1,013 | $12,000 | $3,000 | $9,000 |
| 2018 | $943 | $11,000 | $2,420 | $8,580 |
| 2017 | $944 | $11,000 | $2,420 | $8,580 |
| 2016 | $940 | $10,860 | $2,090 | $8,770 |
| 2015 | $927 | $10,860 | $2,090 | $8,770 |
| 2014 | $816 | $9,320 | $1,670 | $7,650 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Revitte
-
Michele Owen
Buyer's Agent in 2015
Michele Owen
RE/MAX
(970) 580-2949
133 Total Sales
Map
Source: IRES MLS
MLS Number: 770665
APN: 122906422003
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Information deemed reliable but not guaranteed by the MLS.
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