NOT LISTED FOR SALE

407 S Lake St Fort Morgan, CO 80701

Estimated Value: $313,000 - $341,000

4 Beds
2 Baths
2,106 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 05, 2013

Last sale price $124,500 $59 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $1,924/month

120 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Partially Fenced Property
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2013

Fresh paint, ready to move in. Home has new landscaping in the back yard.Close to school and park. Basement has Wet bar. New flooring in the kitchen and living room. Downstairs bedroom has full bath, and escape window.

Last Agent to Sell the Property

Reed Covelli

Peaks to Plains Properties Listed on: 07/01/2013

Last Buyer's Agent

Arne Andersen

Arrow Realty & Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $870

Year Built

  • Built in 1973

Lot Details

  • 7,128 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fort Morgan Elementary And Middle School
  • Fort Morgan High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Sherman Park Third Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122907127002

Home Details

Home Type

Single Family

Est. Annual Taxes

$870

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1973
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Sherman Park Third Addition
  • Above Grade Finished Sq Ft: 1053
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2106
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1053
  • Living Area: 2106
  • Room Bedroom4 Area: 130
  • Room Bedroom3 Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 90
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Room Living Room Area: 210
  • Living Room Features: Laminate Floor
  • Room Kitchen Area: 198
  • Room Master Bedroom Area: 110
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_Garage Sq Ft: 324
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: R1
  • Lot Size Sq Ft: 7128
  • Parcel #: 122907127002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 870

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 4, 2013
Sold by
Mctaggart Linda L and Mctaggart Theodore D
Bought by
Cortez Berniece and Cortez Esther R
Seller's Agent
Reed Covelli
Peaks to Plains Properties
Buyer's Agent
Arne Andersen
Arrow Realty & Management
List Price
$134,900
Sold Price
$124,500
Premium/Discount to List
-$10,400
-7.71%
Current Estimated Value
$331,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,584
Avg. Annual Appreciation
8.67%
Original Mortgage
$97,476
Outstanding Balance
$73,192
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$257,892
Source: Public Records

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
Cortez Berniece $124,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Berniece $5,316
Open Cortez Berniece $97,476
Closed Cortez Berniece $25,000
Closed Cortez Berniece $8,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $124,500 -- --
11/05/2013 11/05/13 Sold $124,500 -7.7% $59 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $134,900 -- $64 / 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 $1,441 $18,000 $2,230 $15,770
2023 $1,441 $21,680 $2,680 $19,000
2022 $1,289 $15,720 $2,630 $13,090
2021 $1,327 $16,170 $2,700 $13,470
2020 $1,266 $15,020 $2,570 $12,450
2019 $1,268 $15,020 $2,570 $12,450
2018 $934 $10,900 $2,140 $8,760
2017 $935 $10,900 $2,140 $8,760
2016 $884 $10,210 $2,580 $7,630
2015 $871 $10,210 $2,580 $7,630
2014 $919 $10,500 $2,290 $8,210
2013 -- $10,500 $2,290 $8,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 712779

IRES MLS

APN: 122907127002