NOT LISTED FOR SALE

5438 Second Ave Timnath, CO 80547

Estimated Value: $357,000 - $443,000

3 Beds
2.5 Baths
1,528 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $430,000 $281 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,520/month

32 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Open Floorplan
  • Under Construction
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of November 2023

**Contact Lennar today about Special Financing for this home** - including below market rates - terms and conditions apply**
Available November 2023! Low maintenance living in the gorgeous new Timnath Lakes community. Just lock up and go.
This brand new 2-story end unit townhome in a 3-plex features 3 bedrooms, 2.5 baths, great room, kitchen, upper laundry, 2 car attached garage (rear alley entry) and conditioned crawl space. Gorgeous finishes and upgrades throughout including luxury vinyl plank flooring, stainless steel appliances, slab quartz counters and more. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology/connectivity seamlessly blended with luxury to make your new house a home. Timnath Lakes offers several fabulous plans to choose from. Future amenities include a rec center, fitness facilities, pool, manmade lakes (that should allow paddleboarding), amphitheater, lawn maintenance and snow removal. Current monthly fee subject to change. Photos are model only and subject to change. This community is in a metro district.

Last Agent to Sell the Property

Tom Ullrich

RE/MAX Professionals License #000986635 Listed on: 08/30/2023

RE/MAX Professionals

Last Buyer's Agent

Ann Woods

Sterling Real Estate Group Inc License #40037666

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,531

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 2,426 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Crawl Space
  • Laundry in unit

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Patio

Listing and Financial Details

  • Exclusions: Seller's personal possessions and any staging items that may be in use.
  • Assessor Parcel Number R1677175

Community Details

Overview

  • Association fees include ground maintenance, snow removal
  • 3 Units
  • Timnath Lakes Metro District Association, Phone Number (303) 987-0835
  • Built by Lennar
  • Timnath Lakes Subdivision, 305 / Mh3 Floorplan

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,531

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Structure Type: Townhouse
  • Levels: Two
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1528
  • Exclusions: Seller's personal possessions and any staging items that may be in use.
  • Living Area: 1528
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Property Condition: New Construction, Under Construction
  • SubdivisionName: Timnath Lakes
  • Ownership: Builder
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • Ratio Close Price By Original Li: 0.97727
  • New Home Community URL: https://www.lennar.com/new-homes/colorado/denver/timnath/timnath-lakes/parkside-collection
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Interior Amenities: Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: End Unit, No One Above, No One Below
  • Basement: Crawl Space
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Other
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Snow Removal
  • Association Name: Timnath Lakes Metro District
  • Association Fee Frequency: Monthly
  • Association Amenities: Fitness Center, Pool
  • Association Fee: 70
  • Phone: 303-987-0835
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 840.00
  • REC_AssociationFeeTotalAnnual: 840.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Preston

Lot Info

  • Parcel Number: R1677175
  • Lot Size Acres: 0.06
  • Fencing: None
  • Building Area Total: 1528
  • Lot Size Sq Ft: 2426
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Lennar

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5531

MLS Schools

  • Elementary School: Timnath
  • High School: Fossil Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 7, 2023
Sold by
Lennar Colorado Llc
Bought by
Gassman Matthew John and Gassman Rebecca Sue
Seller's Agent
Tom Ullrich
RE/MAX Professionals
Buyer's Agent
Ann Woods
Sterling Real Estate Group Inc
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Views
14
Current Estimated Value
$414,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,844
Avg. Annual Appreciation
-1.98%
Original Mortgage
$344,000
Outstanding Balance
$338,079
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$76,077
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
Gassman Matthew John $430,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassman Matthew John $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $430,000 0.0% $281 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $430,000 -1.1% $281 / Sq Ft
09/06/2023 09/06/23 Price Changed $435,000 -1.1% $285 / Sq Ft
08/30/2023 08/30/23 For Sale $440,000 -- $288 / Sq Ft
Source: REcolorado®

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 $3,150 $22,519 $7,692 $14,827
2024 $947 $5,664 $5,664 --
2022 $57 $2,355 $2,355 --
2021 $57 $377 $377 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5055133

REcolorado®

APN: 87353-22-015