NOT LISTED FOR SALE

5007 Cortez Way Severance, CO 80550

Estimated Value: $802,106 - $889,000

5 Beds
3 Baths
3,151 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $799,999 $254 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,798/month

55 Days on Market

Highlights

  • Parking available for a boat
  • Open Floorplan
  • Separate Outdoor Workshop
  • 1.01 Acre Lot
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of October 2024

Welcome to your dream ranch home, perfectly situated on a picturesque 1-acre lot with mature landscaping! This charming property boasts a spacious and inviting living area with a cozy gas fireplace, ideal for those chilly evenings. The heart of the home, the kitchen, features a gas stove and sleek stainless-steel appliances, making it a chef's delight. The primary suite is a true retreat, offering a luxurious bath with a classic clawfoot tub-perfect for relaxing after a long day. Outdoor entertainers dream with a custom covered patio. Enjoy the convenience of modern amenities with a new roof installed in 2023, ensuring peace of mind for years to come. For the hobbyist or professional, the 35'x27' (1008 sq/ft) insulated shop is a standout feature, equipped with water and heat, providing the ultimate workspace or storage area. Additionally, the 3-car garage is also heated, offering ample space for your vehicles and gear. Don't miss out on this incredible property that combines comfort, style, and functionality-all on a generous, well-maintained lot.

Last Agent to Sell the Property

Tracy Snow

Christopher & Co Real Estate Listed on: 08/09/2024

Co-Listed By

Christopher Reilly

Christopher & Co Real Estate

Last Buyer's Agent

James Hagerman

Focal Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 2002

Lot Details

  • 1.01 Acre Lot
  • Sprinkler System

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking available for a boat

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,151 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Garage doors are at least 85 inches wide

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Association fees include common amenities
  • Casa Loma Subdivision

Listing and Financial Details

  • Assessor Parcel Number R7569199

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 2002

Lot Details

0

HOA Fees

$19 per month

Parking

3

Listing Details

  • Year Built: 2002
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 1.01
  • Co List Office Mls Id: CCRE1
  • Subdivision Name: Casa Loma
  • 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: 3151
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room, Open Floorplan, Walk-In Closet(s)
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Other Structures: Workshop, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, RV/Boat Parking, >8' Garage Door, Heated Garage
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, PVREA
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, N. Weld County
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Senior Community: No
  • Association Fee: 225
  • 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: res
  • Lot Size Sq Ft: 43872
  • Parcel #: R7569199
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4188

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 3, 2024
Sold by
Beal Cory R
Bought by
Gray Jerry L and Gray Judy Ann
Seller's Agent
Tracy Snow
Christopher & Co Real Estate
Buyer's Agent
James Hagerman
Focal Real Estate Group
List Price
$850,000
Sold Price
$799,999
Premium/Discount to List
-$50,001
-5.88%
Views
32
Current Estimated Value
$829,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,778
Avg. Annual Appreciation
3.72%
Original Mortgage
$350,000
Outstanding Balance
$346,396
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$483,381

Purchase Details

Listed on
Jun 14, 2016
Closed on
Nov 30, 2016
Sold by
Dart Jerry L
Bought by
Beal Gory R
Seller's Agent
Lani Carwin
RE/MAX Alliance-Loveland
Buyer's Agent
Lani Carwin
RE/MAX Alliance-Loveland
List Price
$549,900
Sold Price
$477,500
Premium/Discount to List
-$72,400
-13.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$382,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2008
Sold by
Lafehr Teresa J
Bought by
Reese Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.87%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2002
Sold by
I D S Homes
Bought by
Reese Daniel L and Lafehr Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,229
Interest Rate
6.01%

Purchase Details

Closed on
Apr 19, 1995
Bought by
Habrock Eugene L and Habrock Pamela A
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
Gray Jerry L $799,999 Htc
Beal Gory R $477,500 Unified Title Co
Reese Daniel L -- Stewart Title
Reese Daniel L $287,787 Land Title Guarantee Company
Habrock Eugene L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Jerry L $350,000
Previous Owner Beal Gory R $382,000
Previous Owner Reese Daniel L $212,000
Previous Owner Reese Daniel L $230,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $799,999 0.0% $254 / Sq Ft
08/22/2024 08/22/24 Price Changed $799,999 -5.9% $254 / Sq Ft
08/09/2024 08/09/24 For Sale $850,000 +78.0% $270 / Sq Ft
01/28/2019 01/28/19 Off Market $477,500 -- --
11/30/2016 11/30/16 Sold $477,500 -13.2% $154 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $549,900 -- $178 / 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
2025 $4,559 $48,940 $9,870 $39,070
2024 $4,559 $48,940 $9,870 $39,070
2023 $4,188 $51,460 $9,480 $41,980
2022 $3,922 $39,990 $7,770 $32,220
2021 $3,660 $41,150 $8,000 $33,150
2020 $3,036 $34,800 $5,470 $29,330
2019 $3,010 $34,800 $5,470 $29,330
2018 $2,866 $31,380 $5,290 $26,090
2017 $2,706 $28,000 $5,290 $22,710
2016 $2,854 $29,830 $9,150 $20,680
2015 $2,657 $29,830 $9,150 $20,680
2014 $2,662 $28,040 $6,370 $21,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1016155

IRES MLS

APN: R7569199