NOT LISTED FOR SALE

Estimated Value: $640,313

0.74 Acre
$865,288 Price per Acre
32,234 Sq Ft Lot

Last Sold March 30, 2022

Last sale price $665,000

Est. 4% decrease in value since last sale

Current estimated payment $4,628/month

8 Days on Market

Highlights

  • 0.74 Acre Lot
  • Mountain View
  • Level Lot
  • Blue Mountain Elementary School Rated A
  • Partially Fenced Property

About This Lot

As of March 2022

Large custom home building site located in the prestigious Summerlin community located in southwest Longmont with mountain views. Water tap is included in the purchase price. The community is only 10 minutes to Boulder, and only a few miles from restaurants and shopping. You may purchase the land and use your own builder. If you do not have a builder in mind, Masterwork Home Company is available to help you create a custom home to your exact architectural tastes and specifications. Building a custom home is a very simple and rewarding process. Just bring photos of design features that inspire you, and Masterwork can have their architect create a design in an awe inspiring 3D model. Masterwork has a portfolio of hundreds of homes to help get your creative juices flowing. Listing agent can answer most questions regarding new home construction, and is extensively familiar with the building site and community. Soils report included. Site-specific building plan available.

Last Agent to Sell the Property

Brian Terry

Bosch Real Estate Group, LLC Listed on: 02/16/2022

Last Buyer's Agent

Brian Terry

Bosch Real Estate Group, LLC Listed on: 02/16/2022

Property Details

Property Type

  • Land

Lot Details

  • 0.74 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

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

Community Details

  • Summerlin Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0507038

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • Subdivision Name: Summerlin
  • Directions: From CO 119, go north one mile to Glenneyre Drive, west on Glenneyre Drive to Summerlin Drive, South on Summerlin Drive to 8471 Summerlin Drive.
  • IRESDS_HasWaterRights: No
  • Special Features: None

Exterior Features

  • Fencing: Partial
  • Lot Features: Sidewalks, Level
  • View: Mountain(s), Foothills View, Plains View
  • Waterfront: No

Utilities

  • Electric: Electric, xcel
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: City Sewer
  • Water Source: District Water, Left Hand
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: PUD
  • Lot Size Sq Ft: 32259
  • Parcel #: R0507038
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10262

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 31, 2022
Sold by
James Carron
Bought by
Humane Ashay and Kamble Bharati
Seller's Agent
Brian Terry
Bosch Real Estate Group, LLC
Buyer's Agent
Brian Terry
Bosch Real Estate Group, LLC
List Price
$650,000
Sold Price
$665,000
Premium/Discount to List
$15,000
2.31%
Current Estimated Value
$640,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,687
Avg. Annual Appreciation
0.39%
Original Mortgage
$498,750
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 21, 2014
Closed on
Oct 1, 2015
Sold by
Summerlin Land One Llc
Bought by
Carron James
Seller's Agent
Brian Terry
Bosch Real Estate Group, LLC
Buyer's Agent
Brian Terry
Bosch Real Estate Group, LLC
List Price
$202,000
Sold Price
$226,200
Premium/Discount to List
$24,200
11.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.14%
Original Mortgage
$164,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Humane Ashay $665,000 New Title Company Name
Carron James $205,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humane Ashay $272,000
Closed Humane Ashay $498,750
Closed Humane Ashay $498,750
Previous Owner Carron James $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Off Market $665,000 -- --
03/30/2022 03/30/22 Sold $665,000 0.0% --
02/24/2022 02/24/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $665,000 +2.3% --
02/16/2022 02/16/22 For Sale $650,000 +187.4% --
01/28/2019 01/28/19 Off Market $226,200 -- --
10/13/2015 10/13/15 Sold $226,200 +12.0% --
09/13/2015 09/13/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $202,000 -- --
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 $12,510 $139,806 $139,806 --
2024 $12,510 $139,806 $139,806 --
2023 $12,345 $126,695 $126,695 --
2022 $10,417 $102,022 $102,022 $0
2021 $10,262 $102,022 $102,022 $0
2020 $5,309 $52,780 $52,780 $0
2019 $5,225 $52,780 $52,780 $0
2018 $5,703 $58,000 $58,000 $0
2017 $5,367 $58,000 $58,000 $0
2016 $24 $254 $254 $0
2015 $23 $182 $182 $0
2014 $17 $182 $182 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 959151

IRES MLS

APN: 1315184-09-004