NOT LISTED FOR SALE

240 E 4th Ave Severance, CO 80546

Estimated Value: $420,000 - $498,000

3 Beds
2 Baths
1,682 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $370,000 $220 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,638/month

About This Home

As of October 2020

Charming home in the heart of Severance. This property is full of character throughout from the enclosed sun room, wood trim/doors, and built-in hutch. Enjoy the large living spaces upstairs and downstairs. Unique fully insulated 1100 sq/ft shop that is big enough for all of your toys or any projects. The shop includes a heated dog room with attached water and run. Another great perk is the Town Core zoning which allows a business to be ran from the property, there are many different possibilities in the types of business that can be conducted with a site plan review (The current owners ran a Boutique out of the home). The furnace/AC, water heater and roof have all been replaced within the last 5 years. The fully fenced backyard and bonus rec room/man cave are great for entertaining! Come check out this well cared for property and all that it has to offer! Buyer to verify all information.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Oct 22, 2020
Sold by
Martinez Thomas C and Martinez Ashley N
Bought by
Unruh Sherry L
Seller's Agent
Andy Martinez
AGPROfessionals, LLC
Buyer's Agent
June Lemmings
Keller Williams 1st Realty
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%
Current Estimated Value
$466,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,437
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Martinez Tommy C and Martinez Ashley N
Bought by
Martinez Thomas C and Martinez Ashley N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Gill Donald A
Bought by
Bowden Robert A and Bowden Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Nationscredit Home Equity Services Corp
Bought by
Gill Donald A

Purchase Details

Closed on
Jan 20, 2000
Sold by
Burr Glen R and Burr Barbara A
Bought by
Nationscredit Home Equity Services Corp

Purchase Details

Closed on
Aug 12, 1994
Sold by
Wyman Alpha M
Bought by
Burr Glen R and Burr Barbara A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Unruh Sherry L $370,000 Land Title Guarantee Co
Martinez Thomas C -- None Available
Bowden Robert A $159,900 None Available
Gill Donald A $95,000 --
Nationscredit Home Equity Services Corp -- --
Burr Glen R $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Thomas C $229,500
Previous Owner Bowden Robert A $127,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Off Market $370,000 -- --
06/29/2021 06/29/21 Off Market $250,000 -- --
10/22/2020 10/22/20 Sold $370,000 -3.9% $165 / Sq Ft
09/05/2020 09/05/20 For Sale $385,000 +54.0% $172 / Sq Ft
08/27/2015 08/27/15 Sold $250,000 0.0% $108 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $250,000 -- $108 / 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
2025 $1,978 $24,210 $5,000 $19,210
2024 $1,978 $24,210 $5,000 $19,210
2023 $1,816 $24,520 $6,820 $17,700
2022 $2,146 $21,970 $2,920 $19,050
2021 $2,001 $22,600 $3,000 $19,600
2020 $1,988 $22,890 $2,230 $20,660
2019 $1,970 $22,890 $2,230 $20,660
2018 $1,338 $14,720 $1,550 $13,170
2017 $1,416 $14,720 $1,550 $13,170
2016 $1,364 $14,320 $1,710 $12,610
2015 $1,269 $14,320 $1,710 $12,610
2014 $845 $8,940 $1,500 $7,440
Source: Public Records

Agents Affiliated with this Home

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