NOT LISTED FOR SALE

502 E Simpson St Lafayette, CO 80026

Estimated Value: $281,307 - $389,000

2 Beds
1 Bath
816 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 12, 2014

Last sale price $114,505 $140 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,709/month

77 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • No HOA
  • Angevine Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Simpson Mine Park

About This Home

As of December 2014

Bright charming cottage in Old Town Laf. Mature Trees & raised beds in peaceful yard. Alley art mural on home. Great location, close to downtown shops & restaurants, public transportation. Lower pymts. than renting! Buyer is Purchasing the improvements only, as this is a Thistle Community Land Trust home. Home must be owner occupied. Call Thistle Community Housing for more info. & to qualify, 303-443-0007. Sales price is fixed by Thistle. Home sold as is. Land lease pymt. is $36.50/mo.

Last Agent to Sell the Property

Janet Borchert

WK Real Estate Listed on: 08/27/2014

WK Real Estate

Last Buyer's Agent

Jody Gray

RE/MAX Alliance-FTC South

RE/MAX Alliance-FTC South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $694

Year Built

  • Built in 1900

Lot Details

  • 6,763 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned OTR

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Oven or Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Deck

Schools

  • Sanchez Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Lafayette Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0129077

Home Details

Home Type

Single Family

Est. Annual Taxes

$694

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Downtown Lafayette
  • Directions: East on Baseline, South to E Simpson, E on Simpson to property
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 816
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Refrigerator, Dryer
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood Floors
  • Interior Amenities: Satellite Avail, High Speed Internet, Open Floorplan
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Vinyl Floor
  • Living Room Features: Wood Floor
  • Master Bathroom Features: Shared Primary Bath

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Sidewalks, Fire Hydrant within 500 Feet, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: None

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Sanchez (Alicia)
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: OTR
  • Lot Size Sq Ft: 6763
  • Parcel #: R0129077
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 694

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Dec 12, 2014
Sold by
Devries Dawn L
Bought by
Richeson Kaitlin
Seller's Agent
Janet Borchert
WK Real Estate
Buyer's Agent
Jody Gray
RE/MAX Alliance-FTC South
List Price
$114,505
Sold Price
$114,505
Current Estimated Value
$320,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,322
Avg. Annual Appreciation
9.75%
Original Mortgage
$112,214
Outstanding Balance
$86,366
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$234,461
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richeson Kaitlin $114,505 Fntc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richeson Kaitlin $112,214
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2019 01/28/19 Off Market $110,672 -- --
01/28/2019 01/28/19 Off Market $114,505 -- --
12/12/2014 12/12/14 Sold $114,505 0.0% $140 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $114,505 +3.5% $140 / Sq Ft
08/16/2013 08/16/13 Sold $110,672 -2.6% $115 / Sq Ft View Prior Sale
07/17/2013 07/17/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $113,590 -- $118 / 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 $395 $6,710 -- $6,710
2024 $395 $6,710 $388 $6,710
2023 $389 $4,462 $4,074 $4,074
2022 $715 $7,608 $3,804 $3,804
2021 $707 $7,826 $3,913 $3,913
2020 $731 $8,001 $0 $8,001
2019 $721 $8,001 $0 $8,001
2018 $731 $8,006 $0 $8,006
2017 $712 $8,852 $0 $8,852
2016 $862 $9,388 $0 $9,388
2015 $808 $8,024 $0 $8,024
2014 $694 $8,024 $0 $8,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 745726

IRES MLS

APN: 1575022-17-014