NOT LISTED FOR SALE

523 Lake St Fort Morgan, CO 80701

Estimated Value: $319,000 - $411,000

3 Beds
3 Baths
2,694 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $230,000 $85 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,028/month

17 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Home Office
  • Open Floorplan
  • No HOA
  • 1 Car Detached Garage

About This Home

As of March 2018

PRICE REDUCED!! PEMCO HUD HOME SOLD AS-IS by electronic bid only. Contact your real estate broker or the listing agent to learn how to place a bid on this home. Case# 052-365619. To view property condition report & other information, go to www.hudpemco.com or www.hudhomestore.com. Home is spacious with character & charm. Has a fireplace. Centralized location in City of Fort Morgan. 203K eligible. OPEN TO ALL BIDDERS.

Last Agent to Sell the Property

Leandra Marymee

Plains Realty & Management LLC Listed on: 02/04/2018

Last Buyer's Agent

Brian Urdiales

The Urdiales Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1921

Lot Details

  • 9,000 Sq Ft Lot
  • East Facing Home
  • Wood Fence

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,694 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • City Views
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fort Morgan Original Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122906403002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1921
  • 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
  • Subdivision Name: FORT MORGAN ORIGINAL TOWN
  • Directions: From Platte Ave: Turn South on Lake. House is second in from the corner on the West side of the street.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2694
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Microwave
  • Accessibility Features: Main Floor Bath, Main Level Laundry
  • Has Basement: Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, Eat-in Kitchen, Separate Dining Room, Open Floorplan, Walk-In Closet(s), Kitchen Island
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Lot Features: Curbs, Gutters, Sidewalks
  • View: City
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: East
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Natural Gas Available
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Fort Morgan
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: Residental
  • Lot Size Sq Ft: 9000
  • Parcel #: 122906403002
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1070.6

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Mar 23, 2018
Sold by
Batler Sarah L
Bought by
Dupsky Lynnette Kandice and Moots Drew Sam
Seller's Agent
Leandra Marymee
Plains Realty & Management LLC
Buyer's Agent
Brian Urdiales
The Urdiales Group
List Price
$240,000
Sold Price
$230,000
Premium/Discount to List
-$10,000
-4.17%
Current Estimated Value
$361,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,492
Avg. Annual Appreciation
6.13%
Original Mortgage
$184,000
Outstanding Balance
$157,449
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$204,043

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 22, 2014
Sold by
Larsen Robert L and Larsen Morgan D
Bought by
Butler Sarah L
Seller's Agent
Brian Trainor
C3 Real Estate Solutions, LLC
Buyer's Agent
Kent Lindell
Colorado Land Co. LLC
List Price
$179,000
Sold Price
$166,000
Premium/Discount to List
-$13,000
-7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$162,993
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2012
Closed on
Aug 30, 2012
Sold by
3T Cattle Company Inc
Bought by
Larsen Robert L and Larsen Morgan D
Seller's Agent
Dalrie Skraback
Zwetzig Realty, LLC
Buyer's Agent
Brian Trainor
C3 Real Estate Solutions, LLC
List Price
$157,000
Sold Price
$161,000
Premium/Discount to List
$4,000
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$164,285
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2011
Closed on
Jan 10, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
3T Cattle Company Inc
Seller's Agent
Twyla Tiffany
Danford Realty
Buyer's Agent
Dalrie Skraback
Zwetzig Realty, LLC
List Price
$80,000
Sold Price
$47,300
Premium/Discount to List
-$32,700
-40.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
577.95%

Purchase Details

Closed on
May 25, 2011
Sold by
Goad Michael and Secretary Of Housing Urban Dev
Bought by
Mortgage Electronics Registration System

Purchase Details

Closed on
Feb 25, 2005
Sold by
Goad Michael
Bought by
Goad Michael and Goad Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,867
Interest Rate
5.77%
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
Dupsky Lynnette Kandice $230,000 Equity Title Of Colorado
Butler Sarah L $166,000 Unified Title Company
Larsen Robert L $161,000 Nct
3T Cattle Company Inc $47,300 None Available
Mortgage Electronics Registration System -- None Available
Goad Michael -- None Available
Goad Michael $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dupsky Lynnette Kandice $184,000
Previous Owner Butler Sarah L $162,993
Previous Owner Larsen Robert L $164,285
Previous Owner Goad Michael $135,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2020 05/03/20 Off Market $47,300 -- --
05/03/2020 05/03/20 Off Market $161,000 -- --
01/28/2019 01/28/19 Off Market $230,000 -- --
01/28/2019 01/28/19 Off Market $166,000 -- --
03/23/2018 03/23/18 Sold $230,000 -4.2% $85 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $240,000 +44.6% $89 / Sq Ft
09/08/2014 09/08/14 Sold $166,000 -7.3% $62 / Sq Ft View Prior Sale
08/09/2014 08/09/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $179,000 +11.2% $66 / Sq Ft
08/31/2012 08/31/12 Sold $161,000 +2.5% $60 / Sq Ft View Prior Sale
08/01/2012 08/01/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $157,000 +231.9% $58 / Sq Ft
01/10/2012 01/10/12 Sold $47,300 -40.9% $18 / Sq Ft View Prior Sale
12/11/2011 12/11/11 Pending -- -- --
06/10/2011 06/10/11 For Sale $80,000 -- $30 / 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 $1,512 $18,880 $2,620 $16,260
2023 $1,512 $22,570 $3,130 $19,440
2022 $1,597 $19,480 $3,060 $16,420
2021 $1,644 $20,040 $3,150 $16,890
2020 $1,406 $16,670 $3,000 $13,670
2019 $1,408 $16,670 $3,000 $13,670
2018 $1,069 $12,480 $2,420 $10,060
2017 $1,071 $12,480 $2,420 $10,060
2016 $1,051 $12,140 $2,090 $10,050
2015 $1,036 $12,140 $2,090 $10,050
2014 $936 $10,700 $1,670 $9,030
2013 -- $10,700 $1,670 $9,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 840957

IRES MLS

APN: 122906403002