$525,000
SOLD NOV 18, 2020
0.13 Acre
$4,038,462 Price per Acre
5,480 Sq Ft Lot

Recently Sold

$828 Per Sq Ft

9% Below List Price

206 Days on Market

Highlights

  • Lake View
  • Development of the land is complete
  • Level Lot
  • No HOA

About This Lot

As of February 2022

Location, Location, Location! Build your dream home in the highly desirable Sloan's Lake neighborhood! Only two blocks away from the lake and minutes from local restaurants and shops. Price includes the architectural drawings and surveys which have been approved by the city. Construction can begin as soon as property closes. Approved drawings are for a 4BD, 3 1/2 BA, 3545 Finished sq ft Urban Contemporary home.

Last Agent to Sell the Property

Angela Olthoff

Invalesco Real Estate License #100050813 Listed on: 04/14/2020

Last Buyer's Agent

Ines McCanna

Radix Real Estate Co License #100066233

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,840

Year Built

  • 1942

Lot Details

  • 5,480 Sq Ft Lot
  • Lot Dimensions are 45'x126' x 46'x 127'
  • Level Lot
  • Development of the land is complete
  • Property is zoned U-SU-C

Property Views

  • Lake
  • Mountain

Community Details

  • No Home Owners Association
  • Sloan's Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2303-24-002

Property Details

Property Type

Land

Est. Annual Taxes

$1,840

Year Built

1942

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Exclusions: none
  • SubdivisionName: Sloan's Lake
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.91304
  • Special Features: None
  • Year Built: 1942

Exterior Features

  • View: Lake, Mountain(s)
  • Road Frontage Type: Public

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 0

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Lot Info

  • Horses: No
  • Lot Size: 45'x126' x 46'x 127'
  • Parcel Number: 2303-24-002
  • Lot Size Acres: 0.13
  • Lot Features: Level
  • Lot Size Sq Ft: 5480

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Feb 21, 2022
Sold by
Colorado House Buyers Llc
Bought by
Morris Alexandra R and Morris Tyler C
Seller's Agent
Sold Comp
Sold Entered for Comps Only
Buyer's Agent
Sara Schmidt
Corcoran Perry & Co.
Sold Price
$1,683,400
Total Days on Market
206
Current Estimated Value
$1,705,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,515
Avg. Annual Appreciation
1.02%
Original Mortgage
$1,178,380
Outstanding Balance
$1,095,095
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$645,667

Purchase Details

Listed on
Apr 14, 2020
Closed on
Nov 18, 2020
Sold by
Erker Darren and Erker Jessica
Bought by
Colorado House Buyers Llc
Seller's Agent
Angela Olthoff
Invalesco Real Estate
Buyer's Agent
Ines McCanna
Radix Real Estate Co
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
155.91%
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2018
Sold by
Elevated Equity Llc
Bought by
Erker Darren and Erker Jessica

Purchase Details

Closed on
Sep 1, 2018
Sold by
Frontier Properties Llc
Bought by
Elevated Equity Llc

Purchase Details

Closed on
Jan 22, 2003
Sold by
Lee Diana C and Eckles Mike
Bought by
Lee Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,683,400 None Listed On Document
Warranty Deed $525,000 Chicago Title
Special Warranty Deed $435,000 First Integrity Title Co
Warranty Deed $350,000 Heritage Title Co
Warranty Deed $407,000 Heritage Title Co
Interfamily Deed Transfer -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,178,380 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $75,000 Purchase Money Mortgage
Closed $0 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $1,683,400 +220.6% $475 / Sq Ft
11/18/2020 11/18/20 Sold $525,000 -2.8% $828 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $540,000 -1.8% $852 / Sq Ft
08/05/2020 08/05/20 Price Changed $550,000 -0.9% $868 / Sq Ft
05/21/2020 05/21/20 Price Changed $555,000 -1.8% $875 / Sq Ft
05/04/2020 05/04/20 Price Changed $565,000 -1.7% $891 / Sq Ft
04/14/2020 04/14/20 For Sale $575,000 -- $907 / Sq Ft
Source: REcolorado®

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 $9,501 $119,960 $32,650 $87,310
2023 $9,295 $119,960 $32,650 $87,310
2022 $7,075 $88,970 $26,380 $62,590
2021 $6,830 $91,530 $27,140 $64,390
2020 $1,870 $25,200 $25,200 $0
2019 $1,840 $25,520 $25,200 $320
2018 $1,847 $23,880 $19,520 $4,360
2017 $1,842 $23,880 $19,520 $4,360
2016 $1,704 $20,900 $19,422 $1,478
2015 $1,633 $20,900 $19,422 $1,478
2014 $1,424 $17,150 $12,951 $4,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4020578

REcolorado®

APN: 2303-24-002