NOT LISTED FOR SALE

5562 Prospect Rd Longmont, CO 80503

Estimated Value: $2,246,000 - $3,113,000

4 Beds
4.5 Baths
4,931 Sq Ft
$555/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $1,160,000 $235 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $15,965/month

261 Days on Market

Highlights

  • Water Views
  • Parking available for a boat
  • Open Floorplan
  • Blue Mountain Elementary School Rated A
  • Barn or Stable
  • Fireplace in Primary Bedroom

About This Home

As of March 2014

3.92 acre Hobby Farm just 15 minutes from Boulder. This unique property features a custom built home with a dramatic open floor plan, two master suites, gourmet kitchen, mature trees & landscaping. Enjoy the 2 stall horse barn, fenced pasture & nearby miles of horse trails or grow your own organic fruits & veggies in the huge green house, irrigated orchard & garden areas. Also included: detached studio/workshop, 1200sqft Class A RV garage, storage/chicken coop, and ample paved parking

Last Agent to Sell the Property

Scott Munn

Munn & Associates Realty Listed on: 06/03/2013

Last Buyer's Agent

Mary Colwell

Dwellings Colorado Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1987

Lot Details

  • 3.92 Acre Lot
  • Fenced

Parking

  • 3 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking available for a boat

Property Views

  • Water
  • City

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,931 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Double Sided Fireplace
  • Gas Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Blue Mountain Elementary School
  • Altona Middle School
  • Silver Creek High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Barn or Stable

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • Septic System
  • High Speed Internet

Additional Features

  • Green Energy Fireplace or Wood Stove
  • Separate Outdoor Workshop
  • Pasture

Community Details

  • No Home Owners Association
  • Foothills East Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0105417

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,562

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1987
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 3.92
  • Subdivision Name: Foothills East
  • Directions: Hwy 119 to North on 63rd, West on Prospect Road.
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4931
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: 90%+ Finished Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: 2+ Fireplaces, Gas, Double Sided, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Interior Amenities: Study Area, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan
  • Window Features: Window Coverings
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • IRESDS_HasFamilyRoom: No
  • Room Bedroom4 Level: Lower
  • Living Room Living Room Level: Main
  • Room Bedroom4 Features: Carpet
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: 5 Piece Primary Bath
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • View: Foothills View, Plains View, City, Water
  • Waterfront: No
  • Construction Type: Stucco
  • Other Structures: Workshop
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, RV/Boat Parking, Heated Garage, Oversized
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air, Wood Stove, Radiant
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic
  • Water Source: District Water, Left Hand
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Blue Mountain
  • HighSchool: Silver Creek
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Altona

Lot Info

  • Zoning: A
  • Current Use: Horses
  • Horse Amenities: Barn with 1-2 Stalls, Pasture
  • Lot Size Sq Ft: 170755
  • Parcel #: R0105417
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 8562

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2013
Closed on
Mar 21, 2014
Sold by
Hilliard Ellyn
Bought by
Barnett John M
Seller's Agent
Scott Munn
Munn & Associates Realty
Buyer's Agent
Mary Colwell
Dwellings Colorado Real Estate
List Price
$1,270,000
Sold Price
$1,160,000
Premium/Discount to List
-$110,000
-8.66%
Current Estimated Value
$2,735,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,575,705
Avg. Annual Appreciation
7.64%
Original Mortgage
$710,000
Outstanding Balance
$536,720
Interest Rate
4.27%
Mortgage Type
New Conventional
Estimated Equity
$2,198,985

Purchase Details

Closed on
Jan 6, 2009
Sold by
Hilliard Family Trust
Bought by
Hilliard Ellyn

Purchase Details

Closed on
Nov 20, 2007
Sold by
Claycomb Lloyd M and Claycomb Karen S
Bought by
Hilliard Family Trust

Purchase Details

Closed on
Dec 20, 2006
Sold by
Claycomb Lloyd M
Bought by
Claycomb Ii Lloyd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,094,610
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2001
Sold by
Mellick Mary
Bought by
Claycomb Ii Lloyd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$943,200
Interest Rate
6.12%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Gilman Scott E and Gilman Michele
Bought by
Mellick Mary

Purchase Details

Closed on
Mar 26, 1999
Sold by
Foster Jerry R and Foster Karen L
Bought by
Gilman Scott E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 28, 1994
Sold by
Moore Gary T and Moore Ronda L
Bought by
Foster Jerry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

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Average Value
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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
Barnett John M $1,160,000 Land Title Guarantee Company
Hilliard Ellyn -- None Available
Hilliard Family Trust $1,200,000 Utc Colorado
Claycomb Ii Lloyd M -- North American Title
Claycomb Ii Lloyd M $1,179,000 First American Heritage Titl
Mellick Mary $487,500 First American Heritage Titl
Gilman Scott E $443,000 --
Foster Jerry R $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett John M $710,000
Previous Owner Claycomb Ii Lloyd M $1,094,610
Previous Owner Claycomb Ii Lloyd M $943,200
Previous Owner Gilman Scott E $155,000
Previous Owner Foster Jerry R $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $1,160,000 -- --
03/21/2014 03/21/14 Sold $1,160,000 -8.7% $235 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
06/03/2013 06/03/13 For Sale $1,270,000 -- $258 / 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 $18,897 $175,857 $64,000 $111,857
2024 $18,897 $175,857 $64,000 $111,857
2023 $18,647 $191,546 $43,878 $151,353
2022 $14,133 $138,528 $35,299 $103,229
2021 $14,322 $142,515 $36,315 $106,200
2020 $10,642 $106,121 $26,026 $80,095
2019 $10,476 $106,121 $26,026 $80,095
2018 $9,284 $94,608 $26,208 $68,400
2017 $8,736 $104,594 $28,974 $75,620
2016 $9,243 $98,091 $19,422 $78,669
2015 $8,802 $89,168 $36,377 $52,791
2014 $8,209 $89,168 $36,377 $52,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 709842

IRES MLS

APN: 1317150-00-027