NOT LISTED FOR SALE

418 Lake St Fort Morgan, CO 80701

Estimated Value: $218,000 - $284,000

3 Beds
1 Bath
1,340 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $165,000 $123 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,454/month

5 Days on Market

Highlights

  • City View
  • Eat-In Kitchen
  • Forced Air Heating System
  • No HOA
  • Patio
  • High Speed Internet

About This Home

As of December 2017

GREAT OPPORTUNITY FOR INVESTORS as the OUTCOME IS INCOME on this 3 Bdrm, 1 Bath home centrally located to schools, shopping, and more! All bedrooms and laundry room on main level, plenty of kitchen storage, nice sized lot with alley access, storage shed, and driveway for off-street parking. Property includes stove/oven, newer refrigerator, and stackable clothes washer/dryer. Some TLC creates GREAT POTENTIAL for this property.

Last Agent to Sell the Property

Mary Walter

CENTURY 21 Cornerstone Listed on: 10/27/2017

Last Buyer's Agent

Mariel Munoz

Armor Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1907

Lot Details

  • 7,500 Sq Ft Lot
  • West Facing Home
  • Level Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • City Views
  • Unfinished Basement
  • Partial Basement

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Alley Access
  • Driveway Level

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Thompsons Add Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122906409014

Home Details

Home Type

Single Family

Est. Annual Taxes

$591

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Year Built: 1907
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: THOMPSONS ADD REVISED
  • Directions: From Main Street, travel East on Platte Ave., turning right/South onto Lake Street. Go to 418 Lake on left/East side of street to Gateway Realty Colorado sign.
  • 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: 1340
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Accessibility Features: Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen
  • Room Bedroom3 Features: Carpet
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Laminate Floor
  • Living Room Features: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Level, Within City Limits
  • View: City
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

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

Utilities

  • Electric: Electric, CITY OF FM
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, CITY OF FM
  • Gas Company: Natural Gas, CITY OF FM

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7500
  • Parcel #: 122906409014
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 591.32

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 1, 2017
Sold by
Mabproperties Llc
Bought by
Garcia Lucia Gonzalez
Seller's Agent
Mary Walter
CENTURY 21 Cornerstone
Buyer's Agent
Mariel Munoz
Armor Realty
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
$257,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,005
Avg. Annual Appreciation
5.76%
Original Mortgage
$160,050
Outstanding Balance
$134,539
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$122,466

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 9, 2017
Sold by
Foresight Holdings Llc
Bought by
Mab Properties Llc
Seller's Agent
R M Hough
Hough Realty LLC
Buyer's Agent
Mary Walter
CENTURY 21 Cornerstone
List Price
$79,000
Sold Price
$75,000
Premium/Discount to List
-$4,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1172.30%
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2012
Sold by
Tucker Michael D
Bought by
Foresight Holdings Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
High St Condos Llc
Bought by
Tucker Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,455
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2006
Sold by
Lasalle Bank Na
Bought by
High Street Condos Llc

Purchase Details

Closed on
Dec 30, 2005
Sold by
Pearce Charles E
Bought by
Lasalle Bank Na
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
Garcia Lucia Gonzalez $165,000 None Available
Mab Properties Llc $75,000 Equity Title Company
Foresight Holdings Llc -- None Available
Tucker Michael D $68,900 None Available
Tucker Michael D $68,900 None Available
High Street Condos Llc $52,000 None Available
Lasalle Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Lucia Gonzalez $160,050
Previous Owner Mab Properties Llc $75,000
Previous Owner Tucker Michael D $65,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2019 01/28/19 Off Market $75,000 -- --
01/28/2019 01/28/19 Off Market $165,000 -- --
12/01/2017 12/01/17 Sold $165,000 +3.1% $123 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $160,000 +113.3% $119 / Sq Ft
08/11/2017 08/11/17 Sold $75,000 -5.1% $56 / Sq Ft View Prior Sale
07/21/2017 07/21/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $79,000 -- $59 / 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 $1,220 $15,240 $2,160 $13,080
2023 $1,220 $18,920 $2,680 $16,240
2022 $1,162 $14,180 $2,630 $11,550
2021 $1,196 $14,580 $2,700 $11,880
2020 $1,029 $12,200 $2,570 $9,630
2019 $1,030 $12,200 $2,570 $9,630
2018 $775 $9,040 $2,070 $6,970
2017 $586 $6,830 $2,070 $4,760
2016 $580 $6,700 $1,790 $4,910
2015 $572 $6,700 $1,790 $4,910
2014 $504 $5,760 $1,430 $4,330
2013 -- $5,760 $1,430 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 835756

IRES MLS

APN: 122906409014