NOT LISTED FOR SALE

5007 Cortez Way Severance, CO 80550

Estimated Value: $795,068

5 Beds
3 Baths
2,930 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $799,999 $273 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,776/month

55 Days on Market

Highlights

  • Parking available for a boat
  • Wood Flooring
  • 3 Car Attached Garage
  • Open Floorplan
  • Separate Outdoor Workshop
  • Walk-In Closet

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 Listed By

Tracy Snow

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

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

  • 2,930 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
  • Above Grade Finished Sq Ft: 1598
  • Architectural Style: 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: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1553
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Separate Dining Room, Open Floorplan, Walk-In Closet(s)
  • Living Area: 2930
  • Window Features: Window Coverings
  • Room Bedroom4 Area: 156
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 121
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 143
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Bedroom5 Area: 156
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 260
  • Living Room Features: Carpet
  • Room Kitchen Area: 195
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 210
  • Room Dining Room Area: 156
  • 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_Garage Sq Ft: 778
  • 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%
Total Days on Market
55
Views
32
Current Estimated Value
$795,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,931
Avg. Annual Appreciation
-1.84%
Original Mortgage
$350,000
Outstanding Balance
$348,714
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$442,692

Purchase Details

Closed on
Dec 14, 2021
Sold by
Principle Energy Llc
Bought by
Rearden Minerals Llc

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
6.18%
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
$43,168
Interest Rate
6.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 19, 1995
Bought by
Habrock Eugene L and Habrock Pamela A

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 Bayswater Fund Iv-Annex Lp $200,000,000
Previous Owner Beal Cory R $130,000
Previous Owner Beal Gory R $382,000
Previous Owner Reese Daniel L $210,300
Previous Owner Reese Daniel L $217,500
Previous Owner Reese Daniel L $212,000
Previous Owner Reese Daniel L $15,000
Previous Owner Reese Daniel L $274,400
Previous Owner Reese Daniel L $43,168
Previous Owner Reese Daniel L $230,229
Previous Owner Ids Homes Inc $202,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $799,999 0.0% $273 / Sq Ft
08/22/2024 08/22/24 Price Changed $799,999 -5.9% $273 / Sq Ft
08/09/2024 08/09/24 For Sale $850,000 +78.0% $290 / Sq Ft
01/28/2019 01/28/19 Off Market $477,500 -- --
11/30/2016 11/30/16 Sold $477,500 -13.2% $156 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $549,900 -- $180 / 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 $4,188 $50,950 $9,380 $41,570
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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Source: IRES MLS

MLS Number: 1016155

IRES MLS

APN: R7569199