NOT LISTED FOR SALE

Estimated Value: $363,000 - $400,845

3 Beds
2 Baths
1,050 Sq Ft
$520/mo HOA Fee

Last Sold April 19, 2024

Last sale price $370,000 $352 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,762/month

1 Day on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Golden High School Rated A-
  • End Unit
  • Eat-In Kitchen

About This Home

As of April 2024

3BR/2BA INCOME OPPTY, GREAT LOCATION! Rare 3-BR pet friendly & investor friendly condo in Golden Ridge Condos; only four 3-BRs have been available for sale in the last 2 years. Perfect for leasing to School of Mines students or for owner occupants looking for an affordable opportunity to experience all Colorado has to offer. This lock-and-leave low maintenance condo is very conveniently located near the foothills and is mere minutes to School of Mines, Apex Park Trailhead, Red Rocks, vibrant and progressive downtown Golden, and I-70 for super easy access to downtown Denver and the mountains. Current tenant lease in effect until 5/31/24. Great income opportunity with extremely low utility costs as HOA includes water, sewer, heat, trash, recycling, snow removal. All you or your tenants need to cover is electricity, cable & internet. Low utilities, tons of amenities, great location, easy garden level access and 2 reserved parking spaces are exceptional & desirable selling points for potential lessees. Amenities include fitness center, indoor & outdoor pool, hot tub, clubhouse with so many interesting spaces for entertaining with full kitchen, low-cost $50 reservation for private parties, billiards, foosball, ping-pong, theater room with 70” TV, library, conference room, seasonal pond, dog run and more! Unwind with a short walk on the paths behind the building with lovely views of the foothills. Or head to Golden’s 24 miles of interconnected trails systems and 402 acres of incredible open space. Colorado living at its finest.

Last Agent to Sell the Property

Karen Christensen

Bonterra Real Estate Brokerage Email: kchris404@gmail.com,303-250-0804 License #100055047 Listed on: 03/16/2024

Last Buyer's Agent

Marilyn Kinnamon

HomeSmart License #100074899

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,588

Year Built

  • Built in 1973

Lot Details

  • End Unit
  • 1 Common Wall
  • East Facing Home
  • Garden

HOA Fees

  • $520 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Shelton Elementary School
  • Bell Middle School
  • Golden High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 156285

Community Details

Overview

  • Association fees include reserves, heat, insurance, ground maintenance, maintenance structure, recycling, road maintenance, sewer, snow removal, trash, water
  • Lcm Property Management Association, Phone Number (303) 221-1117
  • Low-Rise Condominium
  • Golden Ridge Subdivision
  • Seasonal Pond

Amenities

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,588

Year Built

Built in 1973

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1050
  • Entry Location: Garden
  • Exclusions: n/a
  • Living Area: 1050
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • SubdivisionName: Golden Ridge
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: kchris404@gmail.com,303-250-0804
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Common Walls: End Unit, 1 Common Wall
  • Basement: No
  • Total Bedrooms: 3
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3

Exterior Features

  • Direction Faces: East
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • Association Name: LCM Property Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Pond Seasonal, Pool, Spa/Hot Tub
  • Association Fee: 520
  • Phone: 303-221-1117
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 6240.00
  • REC_AssociationFeeTotalAnnual: 6240.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: goldenridgecondos.com

Schools

  • Middle Or Junior School: Bell

Lot Info

  • Parcel Number: 156285
  • Building Area Total: 1050

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1588

MLS Schools

  • Elementary School: Shelton
  • High School: Golden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 19, 2024
Sold by
Cheryl Cotten Revocable Trust and Cotten Cheryl
Bought by
Danner Bryan and Danner Angela M
Seller's Agent
Karen Christensen
Bonterra Real Estate
Buyer's Agent
Marilyn Kinnamon
HomeSmart
List Price
$370,000
Sold Price
$370,000
Views
53
Current Estimated Value
$383,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,961
Avg. Annual Appreciation
2.00%
Original Mortgage
$333,000
Outstanding Balance
$329,836
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$49,121

Purchase Details

Closed on
Mar 27, 2017
Sold by
Cotten Chery L
Bought by
Cheryl Cotten Revocable Trust

Purchase Details

Closed on
Apr 19, 2013
Sold by
Klingenberg Marcia
Bought by
Cotten Cheryl

Purchase Details

Closed on
Dec 29, 2003
Sold by
Kersting Lawrence M and Kersting Julie L
Bought by
Klingenberg David L and Klingenberg Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2001
Sold by
Schuler John W and Schuler Jack H
Bought by
Kersting Lawrence M and Kersting Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.18%

Purchase Details

Closed on
Jan 21, 1999
Sold by
Foral Thomas L and Foral Raymond M
Bought by
Schuler John W and Schuler Jack H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
6.66%

Purchase Details

Closed on
May 27, 1994
Sold by
American Pacific Financial Corp
Bought by
Foral Ii Raymond M and Foral Robyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,100
Interest Rate
8.45%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Danner Bryan $370,000 Land Title
Cheryl Cotten Revocable Trust -- None Available
Cotten Cheryl $125,750 First American
Klingenberg David L $121,000 Chicago Title Co
Kersting Lawrence M $110,000 First American Heritage Titl
Schuler John W $71,500 --
Foral Ii Raymond M $50,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danner Bryan $333,000
Previous Owner Klingenberg David L $96,800
Previous Owner Kersting Lawrence M $104,500
Previous Owner Schuler John W $53,600
Previous Owner Foral Ii Raymond M $48,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $370,000 0.0% $352 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $370,000 0.0% $352 / Sq Ft
04/26/2023 04/26/23 Rented $2,425 0.0% --
04/07/2023 04/07/23 Price Changed $2,425 +4.3% $2 / Sq Ft
10/12/2022 10/12/22 Price Changed $2,325 -2.1% $2 / Sq Ft
09/30/2022 09/30/22 Price Changed $2,375 -2.1% $2 / Sq Ft
09/06/2022 09/06/22 For Rent $2,425 +15.5% --
07/20/2020 07/20/20 Rented $2,100 +10.5% --
05/21/2020 05/21/20 Price Changed $1,900 -13.6% $2 / Sq Ft
05/12/2020 05/12/20 Price Changed $2,200 +3.5% $2 / Sq Ft
04/28/2020 04/28/20 For Rent $2,125 -- --
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
2024 $1,588 $17,483 -- $17,483
2023 $1,588 $17,483 $0 $17,483
2022 $1,618 $18,711 $0 $18,711
2021 $1,644 $19,249 $0 $19,249
2020 $1,417 $16,684 $0 $16,684
2019 $1,397 $16,684 $0 $16,684
2018 $1,222 $14,159 $0 $14,159
2017 $1,107 $14,159 $0 $14,159
2016 $917 $10,970 $1 $10,969
2015 $777 $10,970 $1 $10,969
2014 $777 $8,725 $1 $8,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7829815

REcolorado®

APN: 40-101-01-120