NOT LISTED FOR SALE

525 Lee St Merino, CO 80741

Estimated Value: $153,000 - $269,000

3 Beds
2 Baths
1,140 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $150,000 $132 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,052/month

26 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Patio
  • Vinyl Flooring

About This Home

As of December 2022

Perfect starter home or Investment Property. You wont want to miss this newly painted and remodeled home. Modern interior features 3 Bedrooms and 2 Bathrooms, Family room, eat in Kitchen and Utility room. Master Suite has a walk in closet and en-suite bathroom complete with a soaking tub and shower. Beautiful wood deck off the back will be great for enjoying sunrises and sunsets. Property features a carport with cement parking pad. This home is a must see and is move in ready.

Last Agent to Sell the Property

Dayleen Mitchell

CENTURY 21 Cornerstone Listed on: 10/19/2022

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $465

Year Built

  • Built in 2012

Lot Details

  • 10,290

Parking

  • Carport

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Vinyl Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Merino Elementary School
  • Merino High School

Additional Features

  • Patio
  • 10,290 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Horney & Lutes Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9264000

Home Details

Home Type

Single Family

Est. Annual Taxes

$465

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Year Built: 2012
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Subdivision Name: Horney & Lutes ADDN
  • Directions: Contact Listing Agent
  • Above Grade Finished Sq Ft: 1140
  • 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: 1140
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1140
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Features: Vinyl Floor
  • Room Kitchen Features: Vinyl Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: Plains View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • IRESDS_GarageType: Carport

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Town of Merino
  • Gas Company: Natural Gas, Xcel Energy

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: Merino,Merino
  • HighSchool: Merino
  • Junior High Dist: Buffalo RE4J
  • Middle Or Junior School: Merino

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 10290
  • Parcel #: 9264000
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 464.64

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Dec 14, 2022
Sold by
Shino Paige M
Bought by
Stearns Matthew
Seller's Agent
Dayleen Mitchell
CENTURY 21 Cornerstone
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
9
Current Estimated Value
$186,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,895
Avg. Annual Appreciation
5.07%
Original Mortgage
$147,283
Outstanding Balance
$143,873
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$27,027

Purchase Details

Closed on
Jul 28, 2022
Sold by
Heye Joshua P
Bought by
Shino Paige M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jun 2, 2017
Sold by
Kennedy Celena
Bought by
Heye Joshua P
Seller's Agent
Julie Lenox
Lenox Realty LLC
Buyer's Agent
Mary Walter
CENTURY 21 Cornerstone
List Price
$92,500
Sold Price
$72,000
Premium/Discount to List
-$20,500
-22.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$70,695
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 5, 2013
Sold by
Coats Roxann
Bought by
Kennedy Celena

Purchase Details

Closed on
Dec 1, 2011
Sold by
Nation Roxann Lee and Coats Roxann
Bought by
Coats Roxann
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stearns Matthew $150,000 --
Shino Paige M $100,000 Stella Title
Heye Joshua P $72,000 Stewart Title
Kennedy Celena $15,000 None Available
Coats Roxann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearns Matthew $9,154
Closed Stearns Matthew $9,350
Open Stearns Matthew $147,283
Previous Owner Shino Paige M $100,000
Previous Owner Heye Joshua P $70,695
Previous Owner Kennedy Celena $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $150,000 -11.8% $132 / Sq Ft
10/26/2022 10/26/22 Price Changed $170,000 -2.9% $149 / Sq Ft
10/19/2022 10/19/22 For Sale $175,000 +143.1% $154 / Sq Ft
01/28/2019 01/28/19 Off Market $72,000 -- --
06/02/2017 06/02/17 Sold $72,000 -22.2% $63 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $92,500 -- $81 / 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 $235 $6,480 $0 $0
2023 $235 $6,480 $0 $0
2022 $476 $5,540 $1,610 $3,930
2021 $465 $5,710 $1,660 $4,050
2020 $468 $10,700 $1,450 $9,250
2019 $471 $10,620 $1,440 $9,180
2018 $292 $3,310 $1,270 $2,040
2017 $290 $16,060 $6,170 $9,890
2015 $49 $14,190 $5,640 $8,550
2014 $49 $12,670 $4,910 $7,760
2013 $49 $4,910 $4,910 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 977439

IRES MLS

APN: 9264000