NOT LISTED FOR SALE

86 Grays Ln Severance, CO 80550

Estimated Value: $477,000 - $499,000

3 Beds
2.5 Baths
2,589 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $475,000 $183 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,785/month

75 Days on Market

Highlights

  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Fenced
  • 3 Car Attached Garage
  • Family Room

About This Home

As of December 2022

Come see this well-maintained home in Summit View! NO METRO DISTRICT. Spacious RV, boat, and toy parking on the north side of the home. Seller is offering the buyer a $3,500 CREDIT AT CLOSING to use for rate buy down, or miscellaneous costs. New hard floors and upgraded wide trim boards throughout. Summit View Park is merely four houses down the street, and this home is less than a 10-minute walk to Range View Elementary school. Located in a low traffic cul-de-sac. All appliances included. Schedule your showing today!

Last Agent to Sell the Property

Jared Grimes

Grimes Real Estate Listed on: 09/07/2022

Last Buyer's Agent

Naomi Rutkey

eXp Realty - Northern CO

eXp Realty - Northern CO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 2005

Lot Details

  • 8,059 Sq Ft Lot
  • Cul-De-Sac
  • Fenced

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,589 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Schools

  • Range View Elementary School
  • Severance Middle School
  • Severance High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include management
  • Summit View Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2557303

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,168

Year Built

Built in 2005

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Year Built: 2005
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: Summit View
  • Garage Yn: Yes
  • Unit Levels: Four-Level
  • New Construction: No
  • Building Stories: 4
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 2589
  • Special Features: None
  • Stories: 4

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Room Bedroom3 Features: Laminate Floor
  • Dining Room Features: Laminate Floor
  • IRESDS_HasFamilyRoom: Yes
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Upper
  • Room Bedroom3 Level: Upper
  • Room Bedroom2 Level: Upper
  • Room Bedroom2 Features: Laminate Floor
  • Master Bedroom Features: Laminate Floor
  • Room Family Room Level: Lower
  • Room Kitchen Features: Laminate Floor
  • Family Room Features: Laminate Floor
  • Living Room Features: Laminate Floor
  • Dining Room Dining Room Level: Main
  • ResoLivingAreaSource: Plans

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Other
  • Laundry Features: Lower Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water, Town of Severance

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Senior Community: No
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

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

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 8059
  • Parcel #: R2557303
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2168

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Jan 24, 2020
Sold by
Krause Rick A and Krause Christine M
Bought by
Pedersen Jan H and Pedersen Christine M
Seller's Agent
Rob Kittle
Kittle Real Estate
Buyer's Agent
Amanda Weaver
RE/MAX Alliance-Greeley
List Price
$357,000
Sold Price
$345,000
Premium/Discount to List
-$12,000
-3.36%
Current Estimated Value
$486,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,322
Avg. Annual Appreciation
6.00%
Original Mortgage
$310,500
Outstanding Balance
$272,568
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$213,754

Purchase Details

Closed on
Sep 18, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Krause Rick A and Krause Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.52%
Mortgage Type
Unknown

Purchase Details

Closed on
May 19, 2008
Sold by
Brown Gregory Alan and Nix Jessica Jane
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Aug 18, 2005
Sold by
J & J Construction Northern Colorado Llc
Bought by
Brown Gregory Alan and Nix Jessica Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pedersen Jan H $345,000 Heritage Title Co
Krause Rick A $183,000 Fahtco
Hsbc Mortgage Services Inc -- None Available
Brown Gregory Alan $223,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pedersen Jan H $310,500
Previous Owner Krause Rick A $130,000
Previous Owner Brown Gregory Alan $178,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Sold $475,000 -1.0% $183 / Sq Ft
10/10/2022 10/10/22 Price Changed $480,000 -2.0% $185 / Sq Ft
09/19/2022 09/19/22 Price Changed $490,000 -1.0% $189 / Sq Ft
09/07/2022 09/07/22 For Sale $495,000 +43.5% $191 / Sq Ft
05/24/2021 05/24/21 Off Market $345,000 -- --
02/24/2020 02/24/20 Sold $345,000 -2.3% $131 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Price Changed $353,000 -1.1% $134 / Sq Ft
10/17/2019 10/17/19 For Sale $357,000 -- $136 / 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 $2,746 $28,120 $5,380 $22,740
2024 $2,746 $28,120 $5,380 $22,740
2023 $2,523 $32,480 $5,890 $26,590
2022 $2,391 $24,380 $4,660 $19,720
2021 $2,230 $25,070 $4,790 $20,280
2020 $2,160 $24,760 $4,290 $20,470
2019 $2,141 $24,760 $4,290 $20,470
2018 $1,955 $21,400 $2,810 $18,590
2017 $2,068 $21,400 $2,810 $18,590
2016 $1,790 $18,710 $1,750 $16,960
2015 $1,666 $18,710 $1,750 $16,960
2014 $1,609 $16,950 $2,070 $14,880
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 974890

IRES MLS

APN: R2557303