NOT LISTED FOR SALE

505 Gateway Ave Fort Morgan, CO 80701

Estimated Value: $295,000 - $309,762

4 Beds
1.5 Baths
2,260 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 28, 2016

Last sale price $140,000 $62 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,744/month

1 Day on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating System
  • No HOA
  • Eat-In Kitchen
  • South Facing Home

About This Home

As of September 2016

HUD Home sold AS-IS by Electronic Bid Only FHA CASE #052-373148 (IE) Insured with Escrows. 203K financing available for Owner Occupants. Nice home! Large eat-in kitchen with island, partially finished basement, fenced back yard. Put this one on the must see list!

Last Agent to Sell the Property

Adam Walter

CENTURY 21 Cornerstone Listed on: 07/12/2016

Last Buyer's Agent

Tawni Wingstrom

Hough Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 1964

Lot Details

  • 8,024 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Finished Basement
  • Laundry in Basement
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Fort Morgan Elementary School
  • Fort Morgan Middle School
  • Fort Morgan High School

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Sherman Park Third Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122907120001

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1964
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: SHERMAN PARK THIRD ADD
  • Directions: Go South on Sherman St. and turn Right/West onto Gateway Ave. Travel down Gateway Ave to 505 on North/Right side of street to Gateway Realty Colorado sign.
  • Above Grade Finished Sq Ft: 1220
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2260
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Accessibility Features: Level Lot
  • Has Basement: 25%+Finished Basement
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1040
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1380
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Master Bedroom Features: Wood Floor
  • Room Kitchen Features: Vinyl Floor
  • Room Kitchen Area: 252
  • Room Master Bedroom Area: 120
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: South
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_Garage Sq Ft: 364
  • IRESDS_GarageType: Attached

Utilities

  • Electric: Electric, Fort Morgan
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: In Basement
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Morgan
  • Gas Company: Natural Gas, Fort Morgan

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Fort Morgan,Fort Morgan
  • HighSchool: Fort Morgan
  • Junior High Dist: Fort Morgan RE-3
  • Middle Or Junior School: Fort Morgan

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 8024
  • Parcel #: 122907120001
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 823.48

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2019
Sold by
Reilly Jeremy Robert
Bought by
James Paulissa Carol
Current Estimated Value
$301,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,062
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 12, 2016
Closed on
Sep 27, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
James Paulisa Carol and Reily Jeremy Robert
Seller's Agent
Adam Walter
CENTURY 21 Cornerstone
Buyer's Agent
Tawni Wingstrom
Hough Realty LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$115,300
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2015
Sold by
Zavala Fernando
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 8, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 1, 2005
Sold by
Dehning Lance
Bought by
Zavala Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,893
Interest Rate
5.61%
Mortgage Type
FHA
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
James Paulissa Carol -- Fidelity National Title
James Paulisa Carol $140,000 Equity Title Company
Wells Fargo Bank Na -- None Available
Secretary Of Housing & Urban Development -- None Available
Zavala Fernando $129,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Paulisa Carol $184,000
Closed James Paulissa Carol $178,062
Previous Owner James Paulisa Carol $115,300
Previous Owner James Paulisa Carol $70,000
Previous Owner Zavala Fernando $18,136
Previous Owner Zavala Fernando $127,893
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $140,000 -- --
09/28/2016 09/28/16 Sold $140,000 0.0% $62 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $140,000 -- $62 / 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 $1,202 $15,010 $2,390 $12,620
2023 $1,202 $18,690 $2,980 $15,710
2022 $1,159 $14,140 $2,920 $11,220
2021 $1,193 $14,540 $3,000 $11,540
2020 $1,141 $13,530 $2,860 $10,670
2019 $1,143 $13,530 $2,860 $10,670
2018 $859 $10,020 $2,380 $7,640
2017 $860 $10,020 $2,380 $7,640
2016 $835 $9,650 $2,870 $6,780
2015 $1,586 $9,650 $2,870 $6,780
2014 $861 $9,840 $2,550 $7,290
2013 -- $9,840 $2,550 $7,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 796927

IRES MLS

APN: 122907120001