NOT LISTED FOR SALE

8373 Colonial Dr Lone Tree, CO 80124

Estimated Value: $1,730,000 - $1,883,000

5 Beds
5.5 Baths
6,107 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $1,425,000 $233 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,231/month

174 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Southwest Facing Home
  • Eagle Ridge Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

An Amazing opportunity to own in Heritage Estate below the fair market value. This gorgeous dream home is a beauty with open and bright design and lavish in square footage throughout the house. One of a kind and ready to be owned. Brand new furnace and AC.

Last Listed By

Tim Ghaemi

MB Alborz Real Estate License #40012250 Listed on: 03/02/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,421

Year Built

  • Built in 1990

Lot Details

  • 0.37 Acre Lot
  • Southwest Facing Home

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Schools

  • Eagle Ridge Elementary School
  • Cresthill Middle School
  • Highlands Ranch

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • Westwind Management Association, Phone Number (303) 369-1800
  • Heritage Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0329105

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,421

Year Built

Built in 1990

Lot Details

0

HOA Fees

$225 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Two
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 4327
  • Exclusions: None
  • Living Area: 6107
  • Directions: Lone Tree, Heritage Estate
  • SubdivisionName: Heritage Estates
  • Co List Office Mls Id: RECMBD92
  • Co List Office Phone: (303) 779-7979
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 118.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 4
  • REC_UpperLevelBedrooms: 4
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 0.90476
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1780
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: Southwest
  • Roof: Other
  • Construction Materials: Other
  • Patio and Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Total Parking Spaces: 3
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Westwind Management
  • Association Fee Frequency: Quarterly
  • Association Fee: 675
  • Phone: 303-369-1800
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 2700.00
  • REC_AssociationFeeTotalAnnual: 2700.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.westwindmanagement.com

Schools

  • Middle Or Junior School: Cresthill

Lot Info

  • Parcel Number: R0329105
  • Lot Size Acres: 0.37
  • Building Area Total: 6225
  • Lot Size Sq Ft: 16204
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8421

MLS Schools

  • Elementary School: Eagle Ridge
  • High School: Highlands Ranch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Sep 24, 2021
Sold by
Mahmood Nasir U and Mahmood Sunita
Bought by
Cutter Matthew and Cutter Mahsa
Seller's Agent
Tim Ghaemi
MB Alborz Real Estate
Buyer's Agent
Angela Fox
Madison & Company Properties
List Price
$1,575,000
Sold Price
$1,425,000
Premium/Discount to List
-$150,000
-9.52%
Total Days on Market
174
Current Estimated Value
$1,799,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,558
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,271,556
Outstanding Balance
$1,172,049
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$627,509

Purchase Details

Closed on
Jun 26, 2013
Sold by
Felicissimo Michael and Felicissimo Dawn S
Bought by
Mahmood Nasir U and Mahmood Sunita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 1997
Sold by
Royal Lepage Relocation Svcs Intl Inc
Bought by
Felicissimo Michael and Felicissimo Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.28%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Royal Lepage Relocation Services
Bought by
Felicissimo Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.28%

Purchase Details

Closed on
Sep 23, 1997
Sold by
John Hines and John Susan
Bought by
Royal Lepage Relocation Services Interna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.28%

Purchase Details

Closed on
Jun 30, 1992
Sold by
Celebrity Builders
Bought by
Hines John and Hines Susan

Purchase Details

Closed on
Dec 29, 1989
Sold by
Leslea Colorado Partnership
Bought by
Celebrity Development Corp

Purchase Details

Closed on
Jul 30, 1989
Sold by
Leslea Corp
Bought by
Leslea Colo Partnership

Purchase Details

Closed on
Jul 17, 1989
Sold by
Lone Tree Joint Venture
Bought by
Leslea Corp

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
Cutter Matthew $1,425,000 Heritage Title Company
Mahmood Nasir U $860,000 Guardian Title
Felicissimo Michael $550,000 --
Felicissimo Dawn S $550,000 --
Royal Lepage Relocation Services Interna $563,500 --
Hines John $464,000 --
Celebrity Development Corp $3,415,000 --
Leslea Colo Partnership -- --
Leslea Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutter Matthew W $200,000
Open Cutter Matthew $1,271,556
Previous Owner Mahmood Nasir U $440,000
Previous Owner Mahmood Nasir U $417,000
Previous Owner Felicissimo Michael $10,000
Previous Owner Felicissimo Michael $417,000
Previous Owner Felicissimo Michael $100,000
Previous Owner Felicissimo Michael $33,000
Previous Owner Felicissimo Michael $480,000
Previous Owner Felicissimo Michael $26,834
Previous Owner Felicissimo Michael $430,000
Previous Owner Felicissimo Michael $412,000
Previous Owner Felicissimo Michael $420,000
Previous Owner Hines John $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $1,425,000 -9.5% $233 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,575,000 0.0% $258 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $1,575,000 0.0% $258 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,575,000 -- $258 / Sq Ft
Source: REcolorado®

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 $11,190 $123,150 $16,050 $107,100
2023 $11,303 $123,150 $16,050 $107,100
2022 $9,217 $101,360 $11,540 $89,820
2021 $9,585 $101,360 $11,540 $89,820
2020 $8,551 $87,620 $11,140 $76,480
2019 $8,421 $87,620 $11,140 $76,480
2018 $9,127 $93,270 $11,360 $81,910
2017 $8,203 $93,270 $11,360 $81,910
2016 $7,964 $88,720 $12,310 $76,410
2015 $8,140 $88,720 $12,310 $76,410
2014 $7,472 $76,360 $13,130 $63,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5695138

REcolorado®

APN: 2231-161-01-011