NOT LISTED FOR SALE

305 E Simpson St Lafayette, CO 80026

Estimated Value: $766,000 - $822,000

0.65 Acre
$1,222,169 Price per Acre
28,314 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $400,000

Est. 99% increase in value since last sale

Current estimated payment $4,759/month

124 Days on Market

Highlights

  • City View
  • Corner Lot
  • No HOA
  • Angevine Middle School Rated A-

About This Lot

As of June 2014

Large 28,000 s.f. multi-family lot in the heart of Old Town Lafayette. Perfect for apartment building or mixed use project. No wait on permits, and several existing water taps in place. All buildings have been scraped. Corner, level lot, with alley access. Sellers are licensed Brokers in the State of Colorado.

Last Agent to Sell the Property

Kyle McDaniel

Kyle McDaniel Listed on: 01/27/2014

Last Buyer's Agent

Patrick Brown

Compass - Boulder

Compass - Boulder

Property Details

Property Type

  • Land

Year Built

  • 1910

Lot Details

  • 0.65 Acre Lot
  • Corner Lot
  • Property is zoned Multi-unit

Parking

  • Alley Access

Property Views

  • City Views

Schools

  • Sanchez Elementary School
  • Angevine Middle School
  • Centaurus High School

Community Details

  • No Home Owners Association
  • Old Town Lafayette Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0020743

Property Details

Property Type

Land

Year Built

1910

Lot Details

0

Listing Details

  • Development Status: Raw Land
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.65
  • Road Surface Type: Paved
  • Subdivision Name: Old Town Lafayette
  • Directions: Public Rd. to Simpson. East on Simpson three blocks. Property is on corner of Iowa and Simpson
  • Special Features: None
  • Year Built (Public Record): 1910

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Curbs, Gutters, Sidewalks, Corner Lot
  • View: City
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Electric: Electric, Xcel
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Sanchez (Alicia)
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: Multi-unit
  • Lot Size Sq Ft: 28139
  • Parcel #: R0020743
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7007

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2009
Sold by
Rice James P and White Rosabelle
Bought by
Rice James P
Total Days on Market
124
Current Estimated Value
$794,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Rice James P
Bought by
Rice James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,300
Interest Rate
6.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 16, 1996
Sold by
Sniff Sniff Craig James Craig James and Sniff Sandi Kei
Bought by
Rice James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,150
Interest Rate
8.15%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 1989
Bought by
Rice James P and White Rosabelle

Purchase Details

Closed on
Dec 8, 1978
Bought by
Rice James P and White Rosabelle
Source: Public Records

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Range of Values:

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Average Value
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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
Rice James P -- Land Title Guarantee Company
Rice James P -- Land Title
Rice James P $120,200 --
Rice James P $66,000 --
Rice James P -- --
Rice James P $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice James P $100,000
Closed Rice James P $117,000
Closed Rice James P $133,500
Closed Rice James P $60,000
Closed Rice James P $92,300
Closed Rice James P $96,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $400,000 -- --
06/30/2014 06/30/14 Sold $400,000 -15.8% --
05/31/2014 05/31/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $475,000 -- --
Source: IRES MLS

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 $3,809 $43,612 $24,231 $19,381
2023 $3,743 $42,981 $26,612 $20,053
2022 $3,277 $34,890 $20,225 $14,665
2021 $3,241 $35,894 $20,807 $15,087
2020 $3,081 $33,713 $19,377 $14,336
2019 $3,039 $33,713 $19,377 $14,336
2018 $2,720 $29,794 $9,792 $20,002
2017 $2,648 $32,939 $10,826 $22,113
2016 $2,490 $27,120 $9,393 $17,727
2015 $2,333 $21,317 $6,209 $15,108
2014 $1,843 $21,317 $6,209 $15,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 726475

IRES MLS

APN: 1575031-16-007