NOT LISTED FOR SALE

40 Magnolia Ct Erie, CO 80516

Estimated Value: $805,000 - $1,000,000

4 Beds
3.5 Baths
3,255 Sq Ft
$272/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $898,000 $276 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,372/month

2 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • City View
  • Black Rock Elementary School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of April 2024

Experience the ultimate in value and luxury in Erie Highlands with this incredible new listing! Nestled on a highly sought-after oversized walkout basement lot (over .235 acres-one of the largest lots in the neighborhood) on a quiet cul-de-sac, this property offers breathtaking sunsets and mountain views from both the front and rear patios all year round. This is truly the best value in the neighborhood! Step into this stunning Pinnacle Model and be greeted by the warmth and sophistication of its inviting open layout. Tall ceilings and abundant upgrades create a bright and airy atmosphere, perfect for entertaining or relaxing. The gourmet kitchen is a true showstopper, feat. upgraded cabinets, quartz countertops & upgraded stainless steel appliances. Over $200k+ in designer upgrades throughout! Step out into the backyard oasis & discover a true paradise. With over $120k+ in landscaping, this outdoor space is a true retreat, complete with oversized patios, a built-in gas fire pit, upgraded pergola, a jaw-dropping half-court basketball court all overlooking a beautiful low maintenance yard & garden area w/ raised garden boxes - Enjoy endless sunsets and mountain views, you'll never tire of the breathtaking scenery (Perfect space for entertaining, BBQ get-togethers, or a simple relaxing evening all year around). This home boasts 4 spacious bedrooms, private primary suite with oversized spa-style shower, custom cabinetry, and breathtaking mountain views. Upper-level laundry room, oversized loft, attached 3-car garage, and finished walkout basement perfect for a home gym, yoga studio, or home theater. Finished basement features 9ft ceilings, upgraded sauna, additional bedroom & full bath. Commuting is a breeze! Erie Highlands is moments from major roads, shopping, parks, community pool & St. Vrain Schools. This home truly has big-city living with a charming country lifestyle. Make Sure to put this home on your list before it's gone!

Last Agent to Sell the Property

Raman Sharma

RE/MAX Professionals Brokerage Email: YourColoradoHomeSearch@gmail.com,720-343-9949 License #100028063 Listed on: 04/04/2024

RE/MAX Professionals

Co-Listed By

The Griffith Home Team

RE/MAX Professionals Brokerage Email: YourColoradoHomeSearch@gmail.com,720-343-9949

Last Buyer's Agent

Lindsay Mick Watne

Compass - Denver License #100030243

Compass - Denver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,743

Year Built

  • Built in 2021 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Open Space
  • Cul-De-Sac
  • East Facing Home
  • Property is Fully Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Garden

Parking

  • 3 Car Attached Garage

Property Views

  • City
  • Mountain

Home Design

  • A-Frame Home
  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Concrete Block And Stucco Construction
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Wood Ceilings
  • Vaulted Ceiling
  • Electric Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Wrap Around Porch
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Playground
  • Rain Gutters

Schools

  • Highlands Elementary School
  • Soaring Heights Middle School
  • Erie High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Sellers personal property. Window Drapes / Coverings.
  • Assessor Parcel Number R8966565

Community Details

Overview

  • Property has a Home Owners Association
  • Erie Highlands Metro District Association, Phone Number (303) 420-4433
  • Built by Oakwood Homes, LLC
  • Erie Highlands Subdivision, Pinnacle Floorplan
  • Erie Highlands Community
  • Property is near a preserve or public land
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,743

Year Built

Built in 2021 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame, Contemporary, Traditional
  • Structure Type: House
  • Levels: Two
  • Building Name: ERIE HIGHLANDS
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 2370
  • Exclusions: Sellers personal property. Window Drapes / Coverings.
  • Living Area: 3255
  • Property Condition: Updated/Remodeled
  • Directions: Home can be found via Waze App, Google Maps & Apple Maps. When heading down East on Isabelle Rd / Erie Parkway please turn right on to Highland BLVD. Take an immediate left onto Highland Dr. Follow Highland down past the park ( .5 Miles ). Turn left onto N. Vista Drive, followed by an immediate right turn onto Magnolia Ct. Please follow that down into the Cul-de-sac. You will see the listing.
  • SubdivisionName: ERIE HIGHLANDS
  • Co List Office Mls Id: RECREM46
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 160.00
  • REC_ExpectedActiveDate: 2024-04-04
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.05648
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Sump Pump, Washer
  • Fireplaces: 1
  • Interior Amenities: Breakfast Nook, Built-in Features, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Radon Mitigation System, Sauna, Smoke Free, T&G Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Concrete, Laminate, Tile, Vinyl
  • Fireplace Features: Electric, Family Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Full, Sump Pump, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 885
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition
  • Construction Materials: Cement Siding, Concrete, Stone
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Barbecue, Fire Pit, Garden, Lighting, Playground, Private Yard, Rain Gutters
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Wrap Around
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • Association Name: Erie Highlands Metro District
  • Association Fee Frequency: None
  • Association Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Trail(s)
  • Phone: 303-420-4433
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00
  • REC_AssociationManagementType: Professionally Managed

Schools

  • Middle Or Junior School: Soaring Heights

Lot Info

  • Parcel Number: R8966565
  • Lot Size Acres: 0.23
  • Fencing: Full
  • Building Area Total: 3415
  • Lot Features: Borders Public Land, Cul-De-Sac, Greenbelt, Landscaped, Near Public Transit, Open Space, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Oakwood Homes, LLC

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8743

MLS Schools

  • Elementary School: Highlands
  • High School: Erie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Apr 24, 2024
Sold by
Binnie James C and Binnie Lindsay M
Bought by
Sack Jeffrey James and Sack Karishma Shrestha
Seller's Agent
Raman Sharma
RE/MAX Professionals
Buyer's Agent
Lindsay Mick Watne
Compass - Denver
List Price
$849,990
Sold Price
$898,000
Premium/Discount to List
$48,010
5.65%
Views
92
Current Estimated Value
$884,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,636
Avg. Annual Appreciation
-1.01%

Purchase Details

Closed on
Nov 18, 2021
Sold by
Clayton Properties Group Ii Inc
Bought by
Binnie James C and Binnie Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,091
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sack Jeffrey James $898,000 None Listed On Document
Binnie James C $663,637 Assured Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Binnie James C $564,091
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2024 04/24/24 Sold $898,000 +5.6% $276 / Sq Ft
04/04/2024 04/04/24 For Sale $849,990 -- $261 / 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
2025 $8,917 $49,550 $9,500 $40,050
2024 $8,917 $49,550 $9,500 $40,050
2023 $8,743 $49,430 $8,930 $40,500
2022 $7,581 $40,740 $7,300 $33,440
2021 $1,513 $8,180 $8,180 $0
2020 $226 $1,230 $1,230 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7325918

REcolorado®

APN: R8966565