NOT LISTED FOR SALE

385 Main St Longmont, CO 80501

Business District Neighborhood

Estimated Value: $2,212,364

-- Bed
-- Bath
9,289 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 385 Main St, Longmont, CO 80501 and is currently estimated at $2,212,364, approximately $238 per square foot. 385 Main St is a home located in Boulder County with nearby schools including Central Elementary School, Westview Middle School, and Longmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
385 Main Llc
Bought by
High Plains Bank
Current Estimated Value
$2,212,364

Purchase Details

Closed on
Sep 8, 2017
Sold by
Main Street Associates Llc
Bought by
385 Main Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1995
Sold by
Borgsmiller Carl E and Borgsmiller Susan E
Bought by
Straight Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1993
Sold by
Borgsmiller Carl E
Bought by
Borgsmiller Carl E and Borgsmiller Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,500
Interest Rate
7.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 1979
Bought by
385 Main St Associates Ltd

Purchase Details

Closed on
Mar 15, 1976
Bought by
385 Main St Associates Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
High Plains Bank $2,070,000 First American Title
385 Main Llc $525,000 Land Title Guarantee Co
Straight Lawrence J $112,000 --
Borgsmiller Carl E -- --
385 Main St Associates Ltd $115,000 --
385 Main St Associates Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 385 Main Llc $400,000
Previous Owner Straight Lawrence J $63,000
Previous Owner Borgsmiller Carl E $54,500
Source: Public Records

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 $31,814 $347,220 $239,073 $108,147
2024 $31,814 $347,220 $239,073 $108,147
2023 $31,428 $296,075 $73,740 $230,705
2022 $22,001 $198,650 $47,560 $151,090
2021 $21,699 $198,650 $47,560 $151,090
2020 $19,303 $177,190 $47,560 $129,630
2019 $19,031 $177,190 $47,560 $129,630
2018 $14,081 $131,866 $23,899 $107,967
2017 $13,911 $180,023 $23,899 $156,124
2016 $13,808 $128,588 $38,576 $90,012
2015 $13,230 $114,811 $13,601 $101,210
2014 $12,040 $114,811 $13,601 $101,210
Source: Public Records

Map

Colorado Boulder County Longmont 80501 Business District

385 Main St, Longmont, CO

This home is located at 385 Main St, Longmont, CO 80501 and is currently estimated at $2,212,364, approximately $238 per square foot. 385 Main St is a home located in Boulder County with nearby schools including Central Elementary School, Westview Middle School, and Longmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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