NOT LISTED FOR SALE

5408 Northern Lights Dr Fort Collins, CO 80528

Estimated Value: $818,000 - $858,000

5 Beds
4 Baths
4,211 Sq Ft
$198/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $800,000 $190 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,926/month

23 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Wood Flooring
  • Zach Elementary School Rated A
  • Cathedral Ceiling
  • 5-minute walk to Stargazer Park

About This Home

As of December 2023

Discover this captivating 5 bedroom/ 4 bath home nestled in the sought-after Observatory Village. Boasting a three-car garage and an enviable location backing to open space, this residence offers the perfect blend of convenience and functionality. The upper level showcases a master bedroom with vaulted ceilings, large windows, a 5-piece bath, and an oversized walk-in closet. Additionally, the upper level features two bedrooms with a shared bath, while an open loft with built-in desk and cabinets completes the upper floor. The main level is a harmonious space featuring a bedroom with a 3/4 bath, updated hardwood floors, and a spacious eat-in kitchen equipped with stainless appliances, an island, maple cabinets, and a pantry. The kitchen seamlessly opens to a large family room with a double-sided fireplace that also graces the formal two-story living room. A functional mudroom with built-in desk and cabinets adds practicality to daily life. The full finished garden-level basement has lots of natural light and presents a bedroom, 3/4 bath, custom wet bar, rec room, and a generously sized flex space. Step outside onto the private Trex deck overlooking the open space, providing a quiet retreat. This single-owner home, meticulously cared for, comes with a whole house vac, surround sound, covered front porch, and the convenience of no metro tax. Enjoy the perks of a neighborhood community featuring a pool, parks, walking trails, and an Observatory. Within walking distance to schools and Twin Silo Park, this property comes with a First American Home Warranty, making it truly move-in ready. Don't miss the chance to call this impressive residence your own!

Last Agent to Sell the Property

Kelly Swift

Group Harmony Listed on: 12/06/2023

Group Harmony

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,850

Year Built

  • Built in 2005

Lot Details

  • 5,984 Sq Ft Lot
  • Open Space
  • West Facing Home
  • Fenced

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,211 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Sided Fireplace
  • Circulating Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room with Fireplace
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Home Security

  • Radon Detector
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Zach Elementary School
  • Preston Middle School
  • Fossil Ridge High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R1609757

Community Details

Overview

  • Association fees include trash, management
  • Observatory Village Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,850

Year Built

Built in 2005

Lot Details

0

HOA Fees

$90 per month

Parking

3

Listing Details

  • Year Built: 2005
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Observatory Village
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC, Thermostat
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4211
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Microwave
  • Accessibility Features: Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, 90%+ Finished Basement, Daylight, Built-In Radon, Radon Unknown, Sump Pump
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Circulating, Gas, Double Sided, Living Room, Family/Recreation Room Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Central Vacuum, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Loft, Wet Bar, Jack & Jill Bathroom, Kitchen Island
  • Window Features: Window Coverings, Bay Window(s), Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Carpet
  • Room Family Room Level: Main
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Wood Floor
  • Living Room Features: Wood Floor
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Abuts Public Open Space
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Direction Faces: West
  • Patio And Porch Features: Enclosed
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Whole House Fan
  • Electric: Electric, City of FTC
  • Heating: Forced Air, Baseboard
  • 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, FTC/Loveland
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Management
  • Community Features: Pool, Playground, Park, Hiking/Biking Trails
  • Senior Community: No
  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Zach
  • HighSchool: Fossil Ridge
  • Junior High Dist: Poudre
  • Middle Or Junior School: Preston

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 5984
  • Parcel #: R1609757
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3850

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Dec 29, 2023
Sold by
Scherer Jeffrey M and Scherer Kimberly S
Bought by
Christine D Odonnell Trust
Seller's Agent
Kelly Swift
Group Harmony
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Views
93
Current Estimated Value
$841,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,122
Avg. Annual Appreciation
2.23%

Purchase Details

Closed on
Dec 30, 2005
Sold by
Village Homes Of Colorado Inc
Bought by
Scherer Jeffrey M and Scherer Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Christine D Odonnell Trust $800,000 None Listed On Document
Scherer Jeffrey M $379,895 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherer Jeffrey M $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $800,000 -3.0% $190 / Sq Ft
12/06/2023 12/06/23 For Sale $825,000 -- $196 / 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 $4,989 $54,739 $12,395 $42,344
2024 $4,754 $54,739 $12,395 $42,344
2022 $3,850 $39,928 $4,587 $35,341
2021 $3,892 $41,077 $4,719 $36,358
2020 $3,826 $40,040 $4,719 $35,321
2019 $3,841 $40,040 $4,719 $35,321
2018 $3,300 $35,438 $4,752 $30,686
2017 $3,290 $35,438 $4,752 $30,686
2016 $3,178 $34,069 $5,254 $28,815
2015 $3,155 $34,070 $5,250 $28,820
2014 $2,808 $30,130 $5,250 $24,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 1000376

IRES MLS

APN: 86044-07-320