NOT LISTED FOR SALE

406 S Lake St Fort Morgan, CO 80701

Estimated Value: $248,000 - $298,000

4 Beds
2 Baths
2,052 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $175,000 $85 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,633/month

13 Days on Market

Highlights

  • Green Energy Generation
  • 1 Car Attached Garage
  • Brick Veneer
  • No HOA
  • Eat-In Kitchen
  • Cooling Available

About This Home

As of July 2022

This is a perfect home for a fix and flip. A brick ranch with over 1600 square feet on a large lot with at least four bedrooms is ready to be remodeled and updated. Most of the upstairs is finished and only needs cosmetic finishing touches. This home is ready for some TLC and your personal touch. Fantastic opportunity for the right buyer or investor. This property is priced to move quickly and will be sold as-is. No FHA or VA loans.

Last Agent to Sell the Property

Jake Fajardo

RE/MAX Alliance-Greeley Listed on: 07/02/2022

RE/MAX Alliance-Greeley

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,202

Year Built

  • Built in 1974

Lot Details

  • 7,488 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Green Energy Generation

Schools

  • Pioneer Elementary School
  • Fort Morgan Middle School
  • Fort Morgan High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Subd: Sherman Park Third Add, Fm Block: 03 Lot: 17 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122907126017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,202

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1974
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Subdivision Name: Subd: SHERMAN PARK THIRD ADD, FM Block: 03 Lot: 17
  • Directions: West on Gateway from Sherman to Lake turn left on Lake property on east side
  • Above Grade Finished Sq Ft: 1647
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Energy Rated
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2052
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: 50%+Finished Basement
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1026
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 2052
  • Room Bedroom3 Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 100
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 100
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 168
  • Living Room Features: Laminate Floor
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 120
  • Master Bathroom Features: Shared Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Level
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Pioneer
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: res
  • Lot Size Sq Ft: 7488
  • Parcel #: 122907126017
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1202.04

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 28, 2022
Sold by
Gunn Donald B
Bought by
Cerda Adan
Seller's Agent
Jake Fajardo
RE/MAX Alliance-Greeley
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Current Estimated Value
$279,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,338
Avg. Annual Appreciation
16.26%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cerda Adan $175,000 Nct
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $175,000 -5.4% $85 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $185,000 0.0% $90 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $185,000 -- $90 / 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
2024 $1,332 $16,630 $2,200 $14,430
2023 $1,332 $20,310 $2,680 $17,630
2022 $1,201 $14,650 $2,630 $12,020
2021 $1,236 $15,060 $2,700 $12,360
2020 $1,180 $14,000 $2,570 $11,430
2019 $1,182 $14,000 $2,570 $11,430
2018 $885 $10,330 $2,140 $8,190
2017 $886 $10,330 $2,140 $8,190
2016 $814 $9,400 $2,580 $6,820
2015 $802 $9,400 $2,580 $6,820
2014 $842 $9,620 $2,290 $7,330
2013 -- $9,620 $2,290 $7,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 970044

IRES MLS

APN: 122907126017