NOT LISTED FOR SALE

401 E Simpson St Lafayette, CO 80026

Estimated Value: $526,000 - $533,900

2 Beds
1 Bath
971 Sq Ft
$546/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $460,000 $474 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,308/month

5 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Patio
  • Angevine Middle School Rated A-
  • Cooling Available
  • 5-minute walk to Simpson Mine Park

About This Home

As of May 2021

Unique opportunity in Old Town Lafayette. This sweet property is Zoned B-1 & is located in the Lafayette Urban Renewal Authority District (LURA). You could live/work here or just use it for business. Building is on a corner lot & has great light. Backyard has beautiful mature landscape (perennials, trees & herbs)& a great storage shed. Shed & all appliances stay. Many updates- roof, gutters & stonework 2019, Furnace 2016, Windows 2013 & siding 2010. The location couldn't be better & the potential here is enormous. Please wear a mask, touch as little as possible, use wipes provided to wipe down anything you touch. Please don't use the toilet.

Last Agent to Sell the Property

Mary Pat Munding

mp munding REALTY Listed on: 03/18/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 1905

Lot Details

  • 3,484 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Wooded Lot
  • Property is zoned B-1

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 971 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0020287

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,664

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Year Built: 1905
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.08
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Old Town
  • Directions: Heading East on Baseline, turn South on Iowa. Building is on the North East corner of Iowa and Simpson.
  • Above Grade Finished Sq Ft: 971
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 971
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Commercial, Commercial or Industrial
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: None, Crawl Space
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: High Speed Internet
  • Living Area: 971
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Vinyl Floor
  • Room Kitchen Features: Vinyl Floor
  • Living Room Features: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Wooded, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Direction Faces: South
  • Exterior Features: Lighting
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Parking Features: Alley Access
  • IRESDS_GarageType: None

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: B-1
  • Lot Size Sq Ft: 3484
  • Parcel #: R0020287
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4664

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 14, 2021
Sold by
Sullivan Paul W and Sabo Angeluque
Bought by
Red Dog Property Llc
Seller's Agent
Mary Pat Munding
mp munding REALTY
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%
Current Estimated Value
$529,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,950
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Oct 10, 2007
Sold by
Griffin Susan E and Griffin Harold W
Bought by
Sullivan Paul W and Sabo Angelique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 1993
Sold by
Blackwood Clark B and Blackwood Lois A
Bought by
Griffin 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
$5,500
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1979
Bought by
Sullivan Paul W and Sabo Angelique

Purchase Details

Closed on
Aug 12, 1974
Bought by
Sullivan Paul W and Sabo Angelique
Source: Public Records

Range of Values:

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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
Red Dog Property Llc $460,000 Fidelity National Title
Sullivan Paul W $215,000 Land Title
Griffin Susan E $60,000 --
Sullivan Paul W $47,000 --
Sullivan Paul W $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Paul W $150,500
Previous Owner Griffin Susan E $5,500
Closed Red Dog Property Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Off Market $460,000 -- --
05/14/2021 05/14/21 Sold $460,000 -3.2% $474 / Sq Ft
03/18/2021 03/18/21 For Sale $475,000 -- $489 / Sq Ft
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
2025 $5,983 $76,476 $39,226 $37,250
2024 $5,983 $76,476 $39,226 $37,250
2023 $5,881 $67,525 $40,856 $38,724
2022 $4,948 $52,678 $36,285 $16,393
2021 $4,786 $52,997 $36,513 $16,484
2020 $4,664 $51,028 $36,513 $14,515
2019 $4,599 $51,028 $36,513 $14,515
2018 $4,258 $46,644 $20,316 $26,328
2017 $4,146 $47,784 $20,734 $27,050
2016 $4,052 $44,138 $18,483 $25,655
2015 $3,797 $35,371 $9,366 $26,005
2014 $3,058 $35,371 $9,366 $26,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 935689

IRES MLS

APN: 1575022-11-007