NOT LISTED FOR SALE

7224 Timothy Place Niwot, CO 80503

Niwot Neighborhood

Estimated Value: $1,374,442 - $1,581,000

3 Beds
2.5 Baths
3,180 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $680,000 $214 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $9,111/month

74 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Wooded Lot
  • Niwot Elementary School Rated A
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of June 2014

Backups being taken on this elegant contemporary in the Heart of Niwot! This unique home has quality throughout. Artistic design abound. A wonderful gourmet kitchen features SUB-ZERO & Miele appliances, elegant cabinets & beautiful granite. Mature trees, seasonal stream, gazebos, & large paved patios in the gorgeous private backyard make outdoor entertaining a joy. This home has quality unsurpassed at this price. Bring your most discriminating buyers.

Last Listed By

Ann Marie Mills

Compass - Boulder Listed on: 01/14/2014

Compass - Boulder

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1994

Lot Details

  • 0.55 Acre Lot
  • Property fronts an easement
  • Cul-De-Sac
  • Unincorporated Location
  • West Facing Home
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned RR

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 3,180 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Cathedral Ceiling
  • Skylights
  • Circulating Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Painted or Stained Flooring
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Spa Bath

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Washer and Dryer Hookup

Accessible Home Design

  • Low Pile Carpeting

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

  • Niwot Elementary School
  • Sunset Middle School
  • Niwot High School

Utilities

  • Humidity Control
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include common amenities, management
  • Built by Randall Hartman
  • Johnson Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0074902

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,916

Year Built

Built in 1994

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Year Built: 1994
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.55
  • Road Frontage Type: Priv Rd up to County Standards, Easement
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Johnson Farm
  • Directions: From Diagonal Turn into Niwot on 83rd. St. then Right on Timothy then left to end of cul de sac, over the bridge to the house on the left. From Niwot Road turn north on 83rd then left on Timothy, left again, then over bridge to home on left.
  • Above Grade Finished Sq Ft: 3180
  • Architectural Style: Contemporary/Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: HVAC, Thermostat
  • Building Stories: 2
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family
  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Gas Range/Oven, Self Cleaning Oven, Double Oven, Dishwasher, Refrigerator, Bar Fridge, Microwave, Disposal
  • Accessibility Features: Level Lot, Low Carpet, Main Floor Bath, Main Level Laundry
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Circulating, Gas, Gas Logs Included, Living Room
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Study Area, Satellite Avail, High Speed Internet, Eat-in Kitchen, Separate Dining Room, Cathedral/Vaulted Ceilings, Open Floorplan, Pantry, Stain/Natural Trim, Walk-In Closet(s), Kitchen Island
  • Living Area: 3180
  • Window Features: Window Coverings, Wood Frames, Skylight(s), Double Pane Windows
  • Room Bedroom3 Features: Carpet
  • Dining Room Features: Wood Floor
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 169
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom2 Area: 156
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 16
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Wood Floor
  • Room Living Room Area: 374
  • Living Room Features: Wood Floor
  • Room Kitchen Area: 352
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 272
  • Room Dining Room Area: 140
  • Master Bathroom Features: Luxury Features Primary Bath, 5 Piece Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Builder Name: Randall Hartman
  • Fencing: Wood, Other
  • Lot Features: Curbs, Gutters, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Cul-De-Sac, Corner Lot, Wooded, Level, Abuts Ditch, Unincorporated
  • Waterfront: No
  • Construction Type: Composition Siding, Painted/Stained
  • Direction Faces: West
  • Exterior Features: Gas Grill, Balcony
  • Other Structures: Storage
  • 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, Oversized
  • IRESDS_Garage Sq Ft: 490
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel Energy
  • Heating: Forced Air, 2 or more Heat Sources, Humidity Control
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Sink, Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: District Sewer
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Management
  • Senior Community: No
  • Association Fee: 135
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Niwot
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: RR
  • Lot Size Sq Ft: 24007
  • Parcel #: R0074902
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3916

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2015
Sold by
Franko Michael J and Franko Betty L
Bought by
Franko Living Trust
Total Days on Market
74
Current Estimated Value
$1,508,861

Purchase Details

Listed on
Jan 14, 2014
Closed on
Jun 6, 2014
Sold by
Mcshea Kevin M and Mcshea Bertha A
Bought by
Franko Michael J
Seller's Agent
Ann Marie Mills
Compass - Boulder
Buyer's Agent
Durango Steele
Durango Steele Ltd.
List Price
$754,900
Sold Price
$680,000
Premium/Discount to List
-$74,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$612,000
Outstanding Balance
$442,414
Interest Rate
2.31%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,044,474

Purchase Details

Closed on
Jan 9, 2009
Sold by
Mcshea Kevin M
Bought by
Mcshea Kevin M

Purchase Details

Closed on
Dec 6, 1996
Sold by
Clearwater Enterprises Inc & Mark Wingo
Bought by
Mcshea Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.85%

Purchase Details

Closed on
Jun 29, 1994
Sold by
Freelancer Inc
Bought by
Clearwater Enterprises Inc

Purchase Details

Closed on
Jun 18, 1992
Bought by
Franko Living Trust

Purchase Details

Closed on
Jun 3, 1987
Bought by
Franko Living Trust

Range of Values:

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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
Franko Living Trust -- None Available
Franko Michael J $680,000 Cets
Mcshea Kevin M -- None Available
Mcshea Kevin M $310,000 --
Clearwater Enterprises Inc $65,000 --
Franko Living Trust $61,800 --
Franko Living Trust $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franko Michael J $612,000
Previous Owner Mcshea Kevin M $198,276
Previous Owner Mcshea Kevin M $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2020 05/03/20 Off Market $680,000 -- --
06/06/2014 06/06/14 Sold $680,000 -9.9% $214 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
01/14/2014 01/14/14 For Sale $754,900 -- $237 / 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 $8,337 $85,452 $23,504 $61,948
2023 $8,337 $85,452 $27,189 $61,948
2022 $6,076 $59,367 $24,499 $34,868
2021 $6,157 $61,076 $25,204 $35,872
2020 $6,213 $61,819 $22,737 $39,082
2019 $6,115 $61,819 $22,737 $39,082
2018 $5,161 $52,452 $18,720 $33,732
2017 $4,857 $57,989 $20,696 $37,293
2016 $4,965 $52,536 $20,696 $31,840
2015 $4,728 $36,513 $8,358 $28,155
2014 $3,619 $36,513 $8,358 $28,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 725670

IRES MLS

APN: 1315303-22-031