NOT LISTED FOR SALE

503 E Simpson St Lafayette, CO 80026

Estimated Value: $698,000 - $859,000

3 Beds
2.5 Baths
2,092 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $730,000 $349 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,492/month

3 Days on Market

Highlights

  • Parking available for a boat
  • Newly Remodeled
  • Open Floorplan
  • Angevine Middle School Rated A-
  • City View
  • 3-minute walk to Simpson Mine Park

About This Home

As of October 2018

Beautiful Bungalow situated in Old Town Lafayette. Amazing front porch overlooking Lafayette's art walk, farmers market and dining all part of the Revitalization of Simpson Street. Main floor master suite with designer kitchen. Wedgewood cabinets, Rejuvenation lighting, glass & steel staircase. Old Town zoning which allows additional living quarters on lot. Existing garage for small car and off street parking for additional cars. Agent Owner.

Last Agent to Sell the Property

Monica Van Matre

Heirloom Real Estate Group Listed on: 09/15/2018

Last Buyer's Agent

Svein Groem

Open Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1900 | Newly Remodeled

Lot Details

  • 6,902 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Parking available for a boat

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Skylights
  • Wood Flooring
  • City Views
  • Radon Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Primary bathroom on main floor

Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Pioneer Elementary School
  • Angevine Middle School
  • Centaurus High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Lafayette O T Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0020424

Home Details

Home Type

Single Family

Est. Annual Taxes

$939

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

Parking

1

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: Lafayette O T
  • Above Grade Finished Sq Ft: 1046
  • Architectural Style: Cottage/Bung, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2092
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator
  • Accessibility Features: Level Lot, Main Floor Bath, Main Level Bedroom
  • Has Basement: Full, 90%+ Finished Basement, Built-In Radon
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1046
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Kitchen Island
  • Living Area: 2092
  • Window Features: Skylight(s)
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Wood Floor
  • Room Kitchen Area: 300
  • Room Master Bedroom Area: 195
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Cul-De-Sac, Level
  • View: City
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Other Structures: Workshop, Storage
  • Patio And Porch Features: Patio
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Alley Access, RV/Boat Parking
  • IRESDS_Garage Sq Ft: 250
  • IRESDS_GarageType: Detached

Utilities

  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: In Basement
  • Heating Yn: Yes
  • Water Source: City Water, City of Lafayette
  • Gas Company: Natural Gas, xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 6902
  • Parcel #: R0020424
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 938.8

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Oct 31, 2018
Sold by
Van Matre Investmenyt Company Llc
Bought by
Davies James
Seller's Agent
Monica Van Matre
Heirloom Real Estate Group
Buyer's Agent
Svein Groem
Open Real Estate
List Price
$744,000
Sold Price
$730,000
Premium/Discount to List
-$14,000
-1.88%
Current Estimated Value
$775,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,250
Avg. Annual Appreciation
0.87%
Original Mortgage
$230,000
Outstanding Balance
$201,408
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$573,842

Purchase Details

Closed on
Jan 3, 2017
Sold by
Walter Lorie Ann and Estate Of Lyle Lavonne Laughli
Bought by
Van Martre Investment Company Llc

Purchase Details

Closed on
Aug 25, 2003
Sold by
Laughlin Lyle L
Bought by
Laughlin Lyle L

Purchase Details

Closed on
Jul 10, 1991
Bought by
Laughlin Lyle L

Purchase Details

Closed on
Mar 12, 1973
Bought by
Laughlin Lyle L
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
Davies James $730,000 Chicago Title
Van Martre Investment Company Llc $375,000 None Available
Laughlin Lyle L -- --
Laughlin Lyle L $59,000 --
Laughlin Lyle L $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies James $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2020 01/29/20 Off Market $730,000 -- --
04/03/2019 04/03/19 Off Market $375,000 -- --
10/31/2018 10/31/18 Sold $730,000 -1.9% $349 / Sq Ft
09/15/2018 09/15/18 For Sale $744,000 +98.4% $356 / Sq Ft
01/03/2018 01/03/18 Sold $375,000 +4.2% $396 / Sq Ft View Prior Sale
12/04/2017 12/04/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $360,000 -- $381 / 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 $4,581 $51,401 $19,813 $31,588
2024 $4,581 $51,401 $19,813 $31,588
2023 $4,503 $51,697 $21,768 $33,614
2022 $3,868 $41,174 $16,541 $24,633
2021 $3,825 $42,360 $17,017 $25,343
2020 $3,314 $36,258 $15,873 $20,385
2019 $3,268 $36,258 $15,873 $20,385
2018 $1,622 $17,762 $7,992 $9,770
2017 $939 $19,638 $8,836 $10,802
2016 $668 $14,559 $6,925 $7,634
2015 $626 $12,227 $5,413 $6,814
2014 $529 $12,227 $5,413 $6,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 862259

IRES MLS

APN: 1575022-12-006