NOT LISTED FOR SALE

718 Cavern St Severance, CO 80550

Estimated Value: $424,000 - $486,000

2 Beds
2 Baths
2,416 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $387,650 $160 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,729/month

2 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • No HOA
  • Green Energy Generation
  • Mountain View
  • 2 Car Attached Garage

About This Home

As of August 2021

The Alaska floor plan is a great ranch home for the value. This 3 bedroom, 2 bath home is well organized and efficient. It is a new entry into the Journey Homes stable of homes. The master bedroom has a walk in closet and a large shower. Comes complete with an oversized two car garage and a full unfinished basement

Last Agent to Sell the Property

Karl Tarango

Mtn Vista Real Estate Co., LLC Listed on: 04/21/2021

Last Buyer's Agent

Kevin Barrier

Cobblestone Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 5,593 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 2,416 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • Mountain Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Green Energy Generation

Outdoor Features

  • Exterior Lighting

Schools

  • Grandview Elementary School
  • Severance Middle School
  • Severance High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R8970499

Community Details

Overview

  • No Home Owners Association
  • Built by Journey Homes
  • Severance Reserve Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2021
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Severance Reserve
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: HVAC, Energy Rated
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2416
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Disposal
  • Accessibility Features: Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Satellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Open Floorplan, Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Vinyl Floor
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Vinyl Floor
  • Living Room Features: Carpet
  • Dining Room Dining Room Level: Main
  • Master Bathroom Features: Full Primary Bath
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Builder Name: Journey Homes
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System
  • View: Mountain(s), Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Stone
  • Exterior Features: Lighting
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Ceiling Fan(s)
  • Electric: Electric, PVREA
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Underground Utilities
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, Town Of Severance
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Grandview
  • HighSchool: Severance High School
  • Junior High Dist: Weld RE-4
  • Middle Or Junior School: Severance

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 5593
  • Parcel #: R8970499
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Aug 26, 2021
Sold by
Journey Homes Llc
Bought by
Sibley Brooke N
Seller's Agent
Karl Tarango
Mtn Vista Real Estate Co., LLC
Buyer's Agent
Kevin Barrier
Cobblestone Realty
List Price
$382,750
Sold Price
$387,650
Premium/Discount to List
$4,900
1.28%
Current Estimated Value
$461,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,766
Avg. Annual Appreciation
3.45%
Original Mortgage
$368,268
Outstanding Balance
$335,096
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$114,617
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sibley Brooke N $387,650 Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sibley Brooke N $368,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Off Market $387,650 -- --
08/26/2021 08/26/21 Sold $387,650 +1.3% $160 / Sq Ft
04/21/2021 04/21/21 For Sale $382,750 -- $158 / 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 $3,806 $26,290 $5,940 $20,350
2024 $3,806 $26,290 $5,940 $20,350
2023 $3,634 $25,880 $7,100 $18,780
2022 $3,943 $23,640 $4,660 $18,980
2021 $157 $1,010 $1,010 $0
Source: Public Records

Agents Affiliated with this Home

  • Karl Tarango

    Seller's Agent in 2021

    Karl Tarango

    Mtn Vista Real Estate Co., LLC

    (970) 539-3271

    203 in this area

    1,788 Total Sales

    Karl Tarango
    Section Image
  • Kevin Barrier

    Buyer's Agent in 2021

    Kevin Barrier

    Cobblestone Realty

    (970) 430-5150

    2 in this area

    45 Total Sales

    Kevin Barrier
    Section Image
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Map

Source: IRES MLS

MLS Number: 938582

IRES MLS

APN: R8970499

Colorado Weld County Severance 80550

718 Cavern St, Severance, CO

Not Listed for Sale

Detached

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.

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