NOT LISTED FOR SALE

5004 Cortez Way Severance, CO 80550

Estimated Value: $788,511 - $908,000

4 Beds
4 Baths
3,557 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $464,900 $131 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,198/month

116 Days on Market

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Contemporary Architecture
  • Open Floorplan
  • Deck
  • Multiple Fireplaces

About This Home

As of June 2016

Beautiful 4 bed/4 bath home w/ 1 acre just mins from Fort Collins & I-25! Space for outbuilding; new kitchen appliances; open floor plan; huge master suite w/ sitting area; luxury shower; main floor laundry; full finished bsmt w/ wet bar, rec area, cozy fireplace, & 2nd master bdrm. Vaulted ceilings & natural light. Built-in radon mitigation system. AMAZING landscaping w/ garden beds, fruit trees & raspberry bushes; shed; great views & a no-maintenance Trex deck. Great neighborhood!

Last Agent to Sell the Property

Kristin Zasada

Austin & Austin Real Estate Listed on: 02/02/2016

Last Buyer's Agent

Tracy McClung

Keller Williams 1st Realty

Keller Williams 1st Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 2003

Lot Details

  • 1 Acre Lot
  • Kennel or Dog Run
  • Fenced
  • Level Lot
  • Sprinkler System
  • Property is zoned RR

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,557 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Radon Detector
  • Storm Windows

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding

Schools

  • Range View Elementary School
  • Severance Middle School
  • Windsor High School

Utilities

  • Humidity Control
  • Forced Air Heating and Cooling System
  • Septic System

Additional Features

  • Mineral Rights Excluded
  • Horses Allowed On Property

Community Details

  • Casa Loma Subdivision

Listing and Financial Details

  • Assessor Parcel Number R7572099

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Year Built: 2003
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Casa Loma
  • Directions: From HWY 257 & CR 76, go East on HWY to CR 23, go South on CR 23 to Cortez Way, then East on Cortez Way to property on the south side of the street.
  • Above Grade Finished Sq Ft: 1904
  • Architectural Style: Contemporary/Modern, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Accessibility Features: Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, 90%+ Finished Basement, Built-In Radon
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1844
  • Fireplace Features: 2+ Fireplaces, Gas, Living Room, Basement
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Stain/Natural Trim, Walk-In Closet(s), Wet Bar, Kitchen Island
  • Living Area: 3557
  • Window Features: Window Coverings, Wood Frames, Bay Window(s), Double Pane Windows, Storm Window(s)
  • Room Bedroom4 Area: 168
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 170
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 132
  • Room Bedroom3 Level: Basement
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Room Living Room Area: 360
  • Living Room Features: Carpet
  • Room Kitchen Area: 156
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 375
  • Room Dining Room Area: 208
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Other
  • Lot Features: Lawn Sprinkler System, Mineral Rights Excluded, Level
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Other Structures: Kennel/Dog Run, Storage, Outbuildings
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Oversized
  • IRESDS_Garage Sq Ft: 636
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, PV REA
  • Heating: Forced Air, Humidity Control
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Range View
  • HighSchool: Windsor
  • Junior High Dist: Weld RE-4
  • Middle Or Junior School: Severance

Lot Info

  • Zoning: RR
  • Current Use: Horses
  • Lot Size Sq Ft: 43561
  • Parcel #: R7572099
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2802

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Jun 27, 2016
Sold by
Spaeth Bryan D and Spaeth Tatum H
Bought by
Powell Matthew Reese and Powell Louise
Seller's Agent
Kristin Zasada
Austin & Austin Real Estate
Buyer's Agent
Tracy McClung
Keller Williams 1st Realty
List Price
$474,900
Sold Price
$464,900
Premium/Discount to List
-$10,000
-2.11%
Total Days on Market
116
Current Estimated Value
$860,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,978
Avg. Annual Appreciation
7.13%
Original Mortgage
$395,165
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2014
Closed on
Sep 3, 2014
Sold by
Eagle Sandra
Bought by
Spaeth Bryan D and Spaeth Tatum H
Seller's Agent
Reneta Bird
RE/MAX Alliance-FTC South
Buyer's Agent
Kristin Zasada
Austin & Austin Real Estate
List Price
$430,000
Sold Price
$415,000
Premium/Discount to List
-$15,000
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$332,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jul 26, 2013
Sold by
Johnsen Dawn M and Johnsen John A
Bought by
Eagle Sandra
Seller's Agent
Jennifer Kelly
Keller Williams Realty NoCo
Buyer's Agent
Jennifer Stewart
Realty One Group Fourpoints
List Price
$394,500
Sold Price
$385,000
Premium/Discount to List
-$9,500
-2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$266,585
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2012
Sold by
True Sherry L
Bought by
Johnsen Dawn M and Johnsen John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
I D S Homes Inc
Bought by
Johnsen Dawn M and Johnsen John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 19, 1995
Bought by
Habrock Eugene L and Habrock Pamela A
Source: Public Records

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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
Powell Matthew Reese $464,900 Unified Title Co Inc
Spaeth Bryan D $415,000 Tggt
Eagle Sandra $385,000 Unified Title Company Of Nor
Johnsen Dawn M -- Stewart Title
Johnsen Dawn M $342,900 --
Habrock Eugene L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayswater Fund Iv-Annex Lp $200,000,000
Closed Powell Matthew Reese $444,000
Closed Powell Matthew Reese $395,165
Previous Owner Spaeth Bryan D $332,000
Previous Owner Eagle Sandra $266,585
Previous Owner Johnsen Dawn M $331,500
Previous Owner Johnsen Dawn M $93,300
Previous Owner Johnsen Dawn M $90,000
Previous Owner Johnsen Dawn M $270,000
Previous Owner Johnsen Dawn M $66,800
Previous Owner Johnsen Dawn M $43,000
Previous Owner Johnsen Dawn M $263,980
Previous Owner Ids Homes Inc $267,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $464,900 -- --
01/28/2019 01/28/19 Off Market $385,000 -- --
01/28/2019 01/28/19 Off Market $415,000 -- --
06/27/2016 06/27/16 Sold $464,900 -2.1% $131 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $474,900 +14.4% $134 / Sq Ft
09/03/2014 09/03/14 Sold $415,000 -3.5% $125 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $430,000 +11.7% $129 / Sq Ft
07/26/2013 07/26/13 Sold $385,000 -2.4% $108 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $394,500 -- $111 / 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 $4,409 $49,050 $9,830 $39,220
2023 $4,050 $49,880 $9,430 $40,450
2022 $3,740 $38,130 $7,730 $30,400
2021 $3,488 $39,220 $7,950 $31,270
2020 $2,892 $33,150 $5,440 $27,710
2019 $2,867 $33,150 $5,440 $27,710
2018 $2,722 $29,800 $5,260 $24,540
2017 $2,879 $29,800 $5,260 $24,540
2016 $3,010 $31,460 $9,150 $22,310
2015 $2,802 $31,460 $9,150 $22,310
2014 $2,569 $27,060 $6,370 $20,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 782883

IRES MLS

APN: R7572099