NOT LISTED FOR SALE

502 7th St Olathe, CO 81425

Estimated Value: $176,000 - $281,000

4 Beds
2 Baths
1,620 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $58,001 $36 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $1,401/month

15 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Shed
  • Main Floor Primary Bedroom
  • Living Room
  • Landscaped

About This Home

As of June 2012

Turn of the century home with great charm. Nice sized lot with 4bedrooms and 2baths, formal dining and master on main level. Home sold as is with all faults. Ask your agent for details and submit offer for this property at www.HUDHomeStore.com. Buyer to verify all information, including any HOA fees and irrigation. HOA fees and irrigation fees are not guaranteed. Please visit www.MMREM.com for more information. Check HUDHomeStore.com for availability. Marketed by MMREM.com . More properties may be found on www.HUDHomeStore.com

Last Agent to Sell the Property

HEIDI JO ELDER

HOMESMART REALTY PARTNERS License #FA100014424 Listed on: 04/08/2012

HOMESMART REALTY PARTNERS

Last Buyer's Agent

BEN HILL

HILL & HOMES, LLC License #EA206711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • 1918

Lot Details

  • 6,534 Sq Ft Lot
  • Cross Fenced
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned RSF

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Shed

Utilities

  • Heating System Uses Wood

Listing and Financial Details

  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

1918

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Estimated Main Sq Ft: 876
  • Estimated Upper Level Sq Ft: 744
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Upper
  • Bedroom 2 Size: 12.5 x 9.7
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Upper
  • Bedroom 3 Size: 12.6 x 10.6
  • Bedroom 4 Conforming: Yes
  • Bedroom 4 Level: Upper
  • Bedroom 4 Size: 12.5 x 9.7
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 13 x 13
  • Dining Rm Type: Formal
  • Elevation: 4600
  • Exterior Features: Shed, Sprinklers
  • Gas Company: Source
  • Heating Type: Natural Gas, Wood/Coal
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 11 x 8
  • Living Rm Lvl: Main
  • Living Rm Size: 12.5 x 13
  • Lot Dimensions: 6750
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 11.6 x 11
  • Bedrooms: 4
  • Patio Deck: Deck-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Street Desc Access: City/Town
  • Style: 2 Story
  • Taxes: 527.52
  • Tax Year: 2012
  • Total Acres: 0.15
  • Total Apx Sq Ft: 1620
  • Type: Single Family
  • Water: City Water
  • Zoning: RSF
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1918

Interior Features

  • Kitchen Size: 11 x 9
  • Bathroom Description: 2-Full
  • Appliances: Dishwasher, Garbage Disposal
  • Basement Foundation: Crawl Space, Partial Basement
  • Floor: Carpet, Vinyl
  • Bathrooms: 2
  • Price Per Sq Ft: 35.8

Exterior Features

  • Fence: Chain Link, Cross Fence
  • Landscaping: Landscaped Front, Sprinklers All
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Electric Company: DMEA
  • Water Company: CIty

Schools

  • Elementary School: Olathe
  • Middle School: Olathe
  • High School: Olathe

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2015
Sold by
Hernandez Juan A and Hernandez Benjamin
Bought by
Hernandez Juan A
Current Estimated Value
$242,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$47,064
Interest Rate
3.9%
Estimated Equity
$198,029

Purchase Details

Listed on
Apr 8, 2012
Closed on
May 30, 2012
Sold by
Secretary Of Hud
Bought by
Hernandez Juan A and Hernandez Benjamin
Seller's Agent
HEIDI JO ELDER
HOMESMART REALTY PARTNERS
Buyer's Agent
BEN HILL
HILL & HOMES, LLC
List Price
$55,000
Sold Price
$58,001
Premium/Discount to List
$3,001
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$55,120
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Dec 6, 2011
Sold by
Vincent Travis J and Vincent Susan K
Bought by
Wells Forgo Bank Na

Purchase Details

Closed on
Sep 24, 2008
Sold by
Fannie Mae
Bought by
Vincent Travis J and Vincent Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,356
Interest Rate
6.46%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2008
Sold by
Federal National Mortgage Association
Bought by
Vincent Travis J and Vincent Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,356
Interest Rate
6.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2007
Sold by
Valente Delfino and Valente Noelia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 1999
Sold by
Underwood Glenn
Bought by
Valente Delfino and Valente Noelia

Purchase Details

Closed on
Jun 22, 1999
Sold by
Secretary Of Veterans Affairs
Bought by
Underwood Glenn

Purchase Details

Closed on
Apr 30, 1993
Sold by
Helmericks John F and Helmericks June Helmericks
Bought by
Thompson Michael R and Thompson Jeanne L
Source: Public Records

Range of Values:

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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
Hernandez Juan A -- None Available
Hernandez Juan A -- None Available
Secretary Of Hud -- None Available
Wells Forgo Bank Na -- None Available
Vincent Travis J $99,900 None Available
Vincent Travis J $99,900 None Available
Federal National Mortgage Association -- None Available
Valente Delfino $71,500 --
Underwood Glenn $61,100 --
Thompson Michael R $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Juan A $108,000
Previous Owner Hernandez Juan A $55,120
Previous Owner Vincent Travis J $103,530
Previous Owner Vincent Travis J $98,356
Previous Owner Vincent Travis J $98,356
Previous Owner Valente Delfino $31,000
Previous Owner Valente Delfino $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $58,001 +5.5% $36 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/08/2012 04/08/12 For Sale $55,000 -- $34 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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 $989 $12,490 $2,330 $10,160
2023 $989 $16,780 $3,130 $13,650
2022 $800 $10,860 $1,790 $9,070
2021 $826 $11,170 $1,840 $9,330
2020 $578 $7,950 $1,470 $6,480
2019 $560 $7,950 $1,470 $6,480
2018 $514 $7,060 $1,240 $5,820
2017 $505 $7,060 $1,240 $5,820
2016 $454 $6,420 $1,050 $5,370
2015 $423 $6,420 $1,050 $5,370
2014 $393 $6,330 $1,050 $5,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 658960

Grand Junction Area REALTOR® Association

APN: R0006454