$532,500
SOLD JUN 8, 2021

505 Prairie Clover Way Severance, CO 80550

5 Beds
3 Baths
2,887 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

6% Above List Price

7 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen
  • Deck
  • 3 Car Attached Garage
  • Wet Bar

About This Home

As of June 2021

Welcome home to this immaculate ranch backing green space in the heart of Severance. From the moment you enter you'll appreciate the quality craftsmanship and open design that lives well and entertains with ease. This 5 bedroom, 3 bathroom, 3 car garage ranch home with walkout basement is just what you have been waiting for. Open concept provides an extremely livable plan with a large kitchen, beautiful island, granite countertops & full tile backsplash. The main floor layout is the ideal environment for entertaining & relaxing with the kitchen opening to the dining/living room along with the owner's retreat being separate from the 2 bedrooms on the main level. The basement provides two additional bedrooms, bathroom & large rec room and great room/theatre room. This home is sure to impress-Don't wait for new construction when you can move right into this Move-In Ready home with NO Metro tax! Professionally pre-inspected!

Last Agent to Sell the Property

Tiffany Luthi

Group Centerra Listed on: 04/27/2021

Group Centerra

Co-Listed By

Diana Luthi

Group Centerra

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,377

Year Built

  • Built in 2013

Lot Details

  • 9,000 Sq Ft Lot
  • Open Space
  • Wood Fence
  • Sprinkler System

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 2,887 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Range View Elementary School
  • Severance Middle School
  • Severance High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common amenities
  • Timber Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number R3535605

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,377

Year Built

Built in 2013

Lot Details

0

HOA Fees

$14 per month

Parking

3

Listing Details

  • Year Built: 2013
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8GRPC
  • Subdivision Name: Timber Ridge
  • Above Grade Finished Sq Ft: 1460
  • 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: 2887
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Accessibility Features: Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, 90%+ Finished Basement, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1427
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s), Wet Bar
  • Living Area: 2775
  • Window Features: Window Coverings
  • Room Bedroom4 Area: 121
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 100
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 100
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Bedroom5 Area: 90
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 156
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 220
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 156
  • Room Dining Room Area: 80
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Abuts Public Open Space, Abuts Private Open Space
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener
  • IRESDS_Garage Sq Ft: 703
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town of Severance
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Senior Community: No
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Range View
  • HighSchool: Severance High School
  • Junior High Dist: Weld RE-4
  • Middle Or Junior School: Severance

Lot Info

  • Zoning: SFR
  • Lot Size Sq Ft: 9000
  • Parcel #: R3535605
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2377

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 8, 2021
Sold by
Hull Alex R and Hull Jenae K
Bought by
Span Martin and Span Katie L
Seller's Agent
Tiffany Luthi
Group Centerra
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$500,000
Sold Price
$532,500
Premium/Discount to List
$32,500
6.5%
Current Estimated Value
$600,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,190
Avg. Annual Appreciation
2.83%
Original Mortgage
$480,812
Outstanding Balance
$438,149
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$159,744

Purchase Details

Listed on
Nov 15, 2016
Closed on
Dec 28, 2016
Sold by
Bratsky Lindsey A
Bought by
Hull Alex R and Hull Jenae K
Seller's Agent
June Lemmings
Keller Williams 1st Realty
Buyer's Agent
Tiffany Luthi
Group Centerra
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$256,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2015
Sold by
Bratsky Jacob C
Bought by
Bratsky Lindsey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2013
Closed on
Dec 19, 2013
Sold by
Aspen Leaf Construction Llc
Bought by
Bratsky Jacob C and Bratsky Lindsey A
Seller's Agent
Dennis Schick
RE/MAX Alliance-FTC South
Buyer's Agent
Lori Lindholm
Lindholm Realty, Inc.
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$260,200
Interest Rate
4.21%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $532,500 Heritage Title Company
Warranty Deed $320,000 Heritage Title Co
Interfamily Deed Transfer -- Heritage Title
Warranty Deed $265,000 Unified Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,812 New Conventional
Previous Owner $272,260 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $256,000 New Conventional
Previous Owner $261,000 New Conventional
Previous Owner $260,200 FHA
Previous Owner $200,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Off Market $532,500 -- --
06/08/2021 06/08/21 Sold $532,500 +6.5% $184 / Sq Ft
04/27/2021 04/27/21 For Sale $500,000 +56.3% $173 / Sq Ft
01/28/2019 01/28/19 Off Market $320,000 -- --
01/28/2019 01/28/19 Off Market $265,000 -- --
12/28/2016 12/28/16 Sold $320,000 -3.0% $110 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $330,000 +24.5% $113 / Sq Ft
12/19/2013 12/19/13 Sold $265,000 0.0% $91 / Sq Ft
11/19/2013 11/19/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $265,000 -- $91 / 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 $3,289 $32,700 $5,690 $27,010
2024 $3,289 $32,700 $5,690 $27,010
2023 $3,022 $38,170 $5,890 $32,280
2022 $2,818 $28,730 $4,660 $24,070
2021 $2,628 $29,550 $4,790 $24,760
2020 $2,377 $27,250 $3,580 $23,670
2019 $2,155 $24,920 $3,580 $21,340
2018 $2,048 $22,420 $2,810 $19,610
2017 $2,166 $22,420 $2,810 $19,610
2016 $1,888 $19,730 $2,470 $17,260
2015 $1,757 $19,730 $2,470 $17,260
2014 -- $7,540 $7,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 938799

IRES MLS

APN: R3535605