NOT LISTED FOR SALE

2675 Lane Cedaredge, CO 81413

Estimated Value: $553,000 - $712,000

6 Beds
4 Baths
3,844 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $136,000 $35 Per Sq Ft

Est. 366% increase in value since last sale

Current estimated payment $3,493/month

17 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Formal Dining Room
  • Deck
  • Main Floor Primary Bedroom
  • Forced Air Heating System

About This Home

As of February 2014

This bank-owned home is in need of a significant amount of work to bring it back to it’s full potential. Drywall and doors need some TLC so bring your tool belt! Property is situated on top of Cedar Mesa with 7.64 acres full of cedar trees and beautiful views. Two-story contemporary style stucco home with 6 bedrooms, 2 full baths and 2 – 3/4 baths has plenty of room for a family to spread out. Master Bedroom is generously sized at 23’7 X 12’9. Upstairs family room has small walk-out deck and closet for optional 7th bedroom. Stove pipe and stone backing in place for installation of wood-burning stove (not included). This property will need to be a cash buyer.

Last Agent to Sell the Property

Gregory Stratman

Stratman Real Estate Listed on: 01/06/2014

Last Buyer's Agent

Belle Abercrombie

RE/MAX Mountain West, Inc. - Cedaredge License #FA100026930 - inactive

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • 7.64 Acre Lot
  • Wooded Lot

Home Design

  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Linoleum Flooring
  • Mountain Views
  • Crawl Space
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Septic Tank
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 319326408001

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

0

Listing Details

  • Estimated Total Acres: 7.64
  • Class: RESIDENTIAL
  • Em Deposit: 1,500
  • Em Holder: HTCO
  • Exterior Inclusions: Deck
  • Interior Inclusions: W/D Hookup
  • Legal Lot Block: Lot: 1 Tourney Minor Subdivision
  • List Price per Sq Ft: 35.38
  • Lot Dimension: 7.64
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 319326408001
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Reo Lender Owned: Yes
  • Residence Stories: 1.5 Story
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 35.38
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Lane
  • Tax Account Id: R021197
  • Zoning: Residential Single Family
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1995

Interior Features

  • Dining Room: Separate Dining
  • Dining Room: Yes
  • Bedrooms: 6
  • Flooring: Linoleum
  • Estimated Total Sq Ft: 3844
  • Bathrooms Description: 2 Full, 2 three-quarter
  • Total Bathrooms: 4
  • Family Room: Yes
  • Foundation: Crawl Space
  • Main Level Sq Ft: 1922
  • Master Bedrm Dimensions: 23'7 x 12'9
  • Master Bedroom Level: Main Level
  • Office Den Dimensions: 14'8 x 12'8 (bd 5)
  • Upper Level Sq Ft: 1922

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Utilities

  • Electric Supplier: Delta-Montrose Electric Association
  • Heating System: Forced Air
  • Laundry Util Dimensions: 10' x 8'5
  • Sewer Supplier: Septic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Waddell Shannon
Bought by
Waddell Shannon and Waddell Kelli
Current Estimated Value
$633,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$227,090
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$406,870

Purchase Details

Closed on
Nov 12, 2018
Sold by
Sesco Joe H and Sesco Rhonda L
Bought by
Waddell Shannon and Waddell Tristan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,375
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jan 30, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Sesco Joe H and Sesco Rhonda L
Seller's Agent
Gregory Stratman
Stratman Real Estate
Buyer's Agent
Belle Abercrombie
RE/MAX Mountain West, Inc. - Cedaredge
List Price
$136,000
Sold Price
$136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%

Purchase Details

Closed on
Sep 26, 2013
Sold by
Branum Charles C and Branum Marelen E
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 25, 2009
Sold by
Ross Bernard William
Bought by
Branum Charles C and Branum Marelen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,340
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ross Bernard William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.76%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 26, 2008
Sold by
Tourney Phillip F and Tourney Lisa
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
May 20, 2005
Sold by
Francis Phillip and Tourney Lisa
Bought by
Francis Phillip and Tourney Lisa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Waddell Shannon -- Servicelink
Waddell Shannon -- Servicelink
Waddell Shannon $290,000 Heritage Title Co
Sesco Joe H $136,000 Heritage Title
Jpmorgan Chase Bank National Association -- None Available
Branum Charles C $217,000 None Available
Ross Bernard William $150,000 Chicago Title Co
Deutsche Bank National Trust Co -- None Available
Francis Phillip -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waddell Shannon $256,000
Closed Waddell Shannon $254,375
Previous Owner Branum Charles C $221,340
Previous Owner Ross Bernard William $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2014 02/04/14 Sold $136,000 0.0% $35 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $136,000 -- $35 / 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 $2,141 $34,618 $9,083 $25,535
2023 $2,141 $34,618 $9,083 $25,535
2022 $1,634 $27,203 $5,908 $21,295
2021 $1,639 $27,986 $6,078 $21,908
2020 $1,564 $26,280 $6,078 $20,202
2019 $1,637 $27,444 $6,078 $21,366
2018 $1,470 $23,710 $5,904 $17,806
2017 $1,470 $23,710 $5,904 $17,806
2016 $1,528 $27,078 $7,164 $19,914
2014 -- $19,970 $7,164 $12,806
Source: Public Records

Agents Affiliated with this Home

  • Gregory Stratman

    Seller's Agent in 2014

    Gregory Stratman

    Stratman Real Estate

    (970) 234-4734

    171 Total Sales

    Gregory Stratman
    Section Image

  • B

    Buyer's Agent in 2014

    Belle Abercrombie

    RE/MAX

See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 687975

Colorado Real Estate Network (CREN)

APN: R021197

Colorado Delta County Cedaredge 81413

2675 Lane, Cedaredge, CO

Not Listed for Sale

Detached

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