5008 5th Ave Timnath, CO 80547
2
Beds
2.5
Baths
1,980
Sq Ft
0.4
Acres
Highlights
- Open Floorplan
- No HOA
- Separate Outdoor Workshop
- Deck
- Cottage
- Cul-De-Sac
About This Home
As of August 2025Timnath Charm with Room to Grow - Hobby Farm and Reservoir Access on Nearly Half an Acre. Discover a rare blend of historic character, modern upgrades, and outdoor opportunity in the heart of Timnath. This completely reimagined 2-bedroom, 2.5-bath residence sits on a generous 0.4-acre lot-delivering the kind of space that invites outdoor living, gardening, and even small-scale homesteading. Inside, the home has been fully renovated from top to bottom. You'll find new windows, flooring, kitchen, appliances, and bathrooms-including a luxurious primary suite with in-floor heating. Comfort is further enhanced by three high-efficiency Daikin mini split systems and an instant hot water heater, providing energy-efficient heating and cooling throughout the year.In the main living area, a free-standing fireplace anchors the space-perfect for quiet mornings or cozy evenings. The outdoor amenities are just as impressive: a new greenhouse, a detached shop (almost 500 sq ft), fresh landscaping, newly planted fruit trees and grass as well as a pergola create the perfect backdrop for gardening, entertaining, or simply relaxing. Zoning allows for an 800 sq. ft. Accessory Dwelling Unit (ADU) ideal for multi-gen living so there's room to grow.Adding even more value, new homeowners will enjoy exclusive access to Timnath Reservoir, a resident-only lake ideal for paddleboarding, swimming, and motorized boating (with an approved town permit). It's a lifestyle perk that few neighborhoods can offer-bringing nature and recreation just minutes from your front door. Whether you're downsizing from acreage or upgrading from a tight city lot, this Timnath gem offers space, flexibility, and a lifestyle that's hard to match. Schedule your private showing and imagine what life could look like-on your own terms.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,077
Year Built
- Built in 1920
Lot Details
- 0.4 Acre Lot
- Cul-De-Sac
- South Facing Home
- Kennel or Dog Run
- Wood Fence
- Level Lot
- Sprinkler System
- Landscaped with Trees
- Property is zoned R1
Home Design
- Cottage
- Wood Frame Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 1,980 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling height of 9 feet or more
- Free Standing Fireplace
- Window Treatments
- Luxury Vinyl Tile Flooring
- Unfinished Basement
- Partial Basement
- Property Views
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bathroom is a Full Bathroom
- Primary bathroom on main floor
- Walk-in Shower
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- Driveway Level
- Off-Street Parking
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
Schools
- Timnath Elementary School
- Timnath Middle-High School
Utilities
- Heating Available
Community Details
- No Home Owners Association
- Old Town Subdivision
Listing and Financial Details
- Assessor Parcel Number R1622872
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 2, 2023
Sold by
Miller Laurie
Bought by
Albin John and Albin Heidi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Outstanding Balance
$191,671
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$412,961
Purchase Details
Closed on
Jan 24, 2001
Sold by
Snider Charles T
Bought by
Barrett Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $395,000 | Land Title | |
| Warranty Deed | $131,200 | Land Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $197,500 | New Conventional | |
| Previous Owner | $108,400 | Unknown | |
| Previous Owner | $104,400 | Purchase Money Mortgage | |
| Previous Owner | $95,233 | Unknown | |
| Previous Owner | $10,390 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $575,000 | -2.5% | $290 / Sq Ft |
| 07/03/2025 07/03/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $590,000 | -5.4% | $298 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $624,000 | -2.7% | $315 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $641,000 | -1.1% | $324 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $648,000 | -- | $327 / Sq Ft |
Source: IRES MLS
Tax History Compared to Growth
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 | $4,077 | $42,277 | $2,010 | $40,267 |
| 2024 | $3,541 | $38,726 | $2,010 | $36,716 |
| 2022 | $1,807 | $17,354 | $2,040 | $15,314 |
| 2021 | $1,866 | $18,247 | $2,145 | $16,102 |
| 2020 | $3,020 | $29,294 | $2,145 | $27,149 |
| 2019 | $3,032 | $29,294 | $2,145 | $27,149 |
| 2018 | $2,323 | $23,090 | $2,160 | $20,930 |
| 2017 | $2,316 | $23,090 | $2,160 | $20,930 |
| 2016 | $1,765 | $17,512 | $2,388 | $15,124 |
| 2015 | $1,754 | $17,510 | $2,390 | $15,120 |
| 2014 | $1,739 | $17,340 | $2,390 | $14,950 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Cheryl Kelley
Neuhaus Real Estate Inc
(970) 222-0321
21 Total Sales
-
Seller Co-Listing Agent in 2025
April Neuhaus
Neuhaus Real Estate Inc
(970) 213-9394
111 Total Sales
-
Buyer's Agent in 2025
Christopher Fry
RE/MAX
(970) 218-5248
61 Total Sales
Map
Source: IRES MLS
MLS Number: 1032135
APN: 87341-11-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed by the MLS.
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