NOT LISTED FOR SALE

5531 Palomino Way Longmont, CO 80504

Estimated Value: $687,511 - $721,000

5 Beds
5 Baths
3,150 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $500,000 $159 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,312/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 Listed By

Tara Boston

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

RE/MAX Nexus

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

  • 3,150 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
  • 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
  • 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
Total Days on Market
64
Current Estimated Value
$707,628

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
7.01%
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

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
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 $427,750
Previous Owner Mcclain David John $430,312
Previous Owner Laclair Laura J $50,000
Previous Owner Laclair Jason W $384,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Off Market $500,000 -- --
08/26/2019 08/26/19 Sold $500,000 0.0% $159 / Sq Ft
06/04/2019 06/04/19 Price Changed $500,000 -2.9% $159 / Sq Ft
05/21/2019 05/21/19 For Sale $515,000 -- $163 / 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 $4,090 $44,630 $9,050 $35,580
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

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Map

Source: IRES MLS

MLS Number: 881967

IRES MLS

APN: R2023603