700 Water St Lake City, CO 81235
3
Beds
2
Baths
1,044
Sq Ft
0.28
Acres
Highlights
- Mountain View
- Wood Burning Stove
- Corner Lot
- Deck
- Living Room with Fireplace
- Granite Countertops
About This Home
As of August 2024Charming cottage located in the Ball Flats, close to a walking path that leads to the quaint historic town of Lake City, Colorado. Views of the surrounding mountains can be seen in every direction. The cottage is 1,044± Sq. Ft. and sits on 4 town lots with a huge fenced-in yard. An oversized detached 2-car garage is plumbed for a bathroom and framed, and sheet rocked in for flex space to be finished. The cottage has a cozy open living, dining, and kitchen. The living space has a wood stove and large windows. The kitchen shows its modern side with open shelving, granite countertops, and stainless-steel appliances. A bedroom and bath are on the main living floor and a dedicated laundry room. Upstairs two additional bedrooms and one bath. Lots of fenced-in outdoor space, and modern touches throughout, this one a must-see.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,072
Year Built
- Built in 1984
Lot Details
- 0.28 Acre Lot
- Property is Fully Fenced
- Corner Lot
Home Design
- Cabin
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 1,044 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Burning Stove
- Living Room with Fireplace
- Combination Dining and Living Room
- Mountain Views
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Oven or Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Parking
- 1 Car Detached Garage
- Garage Door Opener
Outdoor Features
- Deck
- Shed
Schools
- Lake City K-12 Elementary And Middle School
- Lake City K-12 High School
Utilities
- Heating System Uses Wood
- Heating System Powered By Leased Propane
- Vented Exhaust Fan
- Baseboard Heating
- Propane Water Heater
- Septic Tank
- Septic System
- Internet Available
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 450927419007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2024
Closed on
Jul 23, 2024
Sold by
Kambish Christopher and Kambish Jacqueline
Bought by
Parker Chad D
Seller's Agent
Michael Murphy
Murphy Real Estate
Buyer's Agent
Michael Murphy
Murphy Real Estate
List Price
$398,000
Sold Price
$398,000
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184
Avg. Annual Appreciation
-2.05%
Original Mortgage
$318,400
Outstanding Balance
$311,978
Interest Rate
0.65%
Mortgage Type
New Conventional
Estimated Equity
$78,275
Purchase Details
Closed on
Aug 22, 2019
Sold by
Murphy and Carolina
Bought by
Kambish Christopher and Kambish Jacqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
3.7%
Mortgage Type
Construction
Similar Homes in Lake City, CO
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $398,000 | Indecomm | |
| Grant Deed | $285,000 | Indecomm Global Svcs |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,400 | New Conventional | |
| Previous Owner | $242,250 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $398,000 | 0.0% | $381 / Sq Ft |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | For Sale | $398,000 | -- | $381 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Tax History Compared to Growth
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 | $1,067 | $17,350 | $5,640 | $11,710 |
| 2023 | $1,072 | $17,350 | $5,640 | $11,710 |
| 2022 | $1,174 | $19,290 | $6,950 | $12,340 |
| 2020 | $1,013 | $17,730 | $7,150 | $10,580 |
| 2019 | $1,011 | $17,730 | $7,150 | $10,580 |
| 2018 | $1,032 | $17,860 | $0 | $17,860 |
| 2017 | $974 | $17,860 | $0 | $17,860 |
| 2016 | $1,075 | $19,740 | $7,960 | $11,780 |
| 2015 | $1,019 | $19,740 | $7,960 | $11,780 |
| 2014 | $1,019 | $18,760 | $7,960 | $10,800 |
| 2013 | -- | $18,760 | $0 | $0 |
| 2012 | $653 | $20,650 | $7,960 | $12,690 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Michael Murphy
Murphy Real Estate
(970) 901-6870
133 Total Sales
-
Seller Co-Listing Agent in 2024
Sandy Murphy
Murphy Real Estate
(970) 901-6870
38 Total Sales
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 814880
APN: R000984
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