NOT LISTED FOR SALE

5531 Palomino Way Longmont, CO 80504

Estimated Value: $683,157 - $725,000

5 Beds
5 Baths
4,173 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $500,000 $120 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,140/month

64 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 2 Car Attached Garage
  • Property is near a park
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of August 2019

Beautiful, well-maintained ranch w/open floor plan, thoughtfully designed gourmet kitchen, coffered ceilings in family & master bedrooms, formal dining room/butler's pantry, and extensive hardwood flooring. Outdoor entertaining a pleasure w/ an unbelievable covered patio and beautiful yard. Finished basement with tall ceilings, huge bedroom & 2 baths! Great storage too. Corner lot with lots of privacy. Close to community park, swimming pool, trails to Milavec Lake and Frederick recreation area.

Last Agent to Sell the Property

Tara Boston

RE/MAX Nexus Listed on: 05/21/2019

RE/MAX Nexus

Last Buyer's Agent

Michael Rex

Rex Homes LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 2015

Lot Details

  • 10,196 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,173 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Legacy Elementary School
  • Coal Ridge Middle School
  • Frederick High School

Additional Features

  • Patio
  • Property is near a park
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common amenities
  • Moore Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2023603

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 2015

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.23
  • Subdivision Name: MOORE FARM
  • Above Grade Finished Sq Ft: 2164
  • 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: 4173
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Microwave, Disposal
  • Has Basement: Full, 75%+Finished Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2009
  • Flooring: Wood Floors
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island
  • Living Area: 3150
  • Window Features: Window Coverings
  • Room Bedroom4 Area: 110
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: Yes
  • Room Bedroom4 Level: Main
  • Room Bedroom3 Area: 110
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 130
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • Room Family Room Area: 336
  • 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 Bedroom5 Area: 176
  • Room Kitchen Features: Wood Floor
  • Family Room Features: Wood Floor
  • Room Kitchen Area: 220
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 234
  • Room Dining Room Area: 156
  • Master Bathroom Features: Full Primary Bath, Luxury Features Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Lawn Sprinkler System, Corner Lot, Abuts Park
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener
  • IRESDS_Garage Sq Ft: 474
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • 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 Frederick
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities
  • Senior Community: No
  • Association Fee: 570
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Legacy
  • HighSchool: Frederick
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Coal Ridge

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 10196
  • Parcel #: R2023603
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3223

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Burks Allison B
Bought by
Burks Family Trust and Burks
Current Estimated Value
$707,039

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 21, 2019
Sold by
Laclair Jason W and Laclair Laura J
Bought by
Mcclain David John and Mcclain Heather Lee
Seller's Agent
Tara Boston
RE/MAX Nexus
Buyer's Agent
Michael Rex
Rex Homes LLC
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$430,312
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2015
Sold by
Melody Homes Inc
Bought by
Laclair Jason W and Laclair Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,466
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Burks Family Trust -- None Listed On Document
Mcclain David John $500,000 Fidelity National Title
Laclair Jason W $480,583 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclain David John $430,312
Previous Owner Laclair Jason W $384,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Off Market $500,000 -- --
08/26/2019 08/26/19 Sold $500,000 0.0% $120 / Sq Ft
06/04/2019 06/04/19 Price Changed $500,000 -2.9% $120 / Sq Ft
05/21/2019 05/21/19 For Sale $515,000 -- $123 / 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 $4,264 $41,410 $7,190 $34,220
2024 $4,264 $41,410 $7,190 $34,220
2023 $4,090 $45,060 $9,130 $35,930
2022 $3,460 $33,160 $6,600 $26,560
2021 $3,493 $34,110 $6,790 $27,320
2020 $3,522 $34,660 $6,080 $28,580
2019 $3,573 $34,660 $6,080 $28,580
2018 $3,223 $32,450 $6,120 $26,330
2017 $3,295 $32,450 $6,120 $26,330
2016 $3,128 $30,310 $5,570 $24,740
2015 $751 $7,510 $5,570 $1,940
2014 $505 $4,900 $4,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Tara Boston

    Seller's Agent in 2019

    Tara Boston

    RE/MAX

    (303) 921-9100

    1 in this area

    103 Total Sales

    Tara Boston
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Rex

    Rex Homes LLC

See All Agents

Map

Source: IRES MLS

MLS Number: 881967

IRES MLS

APN: R2023603

Colorado Weld County Longmont 80504

5531 Palomino Way, Longmont, CO

This home is located at 5531 Palomino Way, Longmont, CO 80504 since 21 May 2019 and is currently estimated at $707,039, approximately $169 per square foot. This property was built in 2015. 5531 Palomino Way is a home located in Weld County with nearby schools including Legacy Elementary School, Coal Ridge Middle School, and Frederick Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

Nearby Homes