NOT LISTED FOR SALE

Estimated Value: $1,573,000 - $1,659,436

0.15 Acre
$10,652,393 Price per Acre
6,687 Sq Ft Lot

Last Sold October 24, 2019

Last sale price $249,900

Est. 539% increase in value since last sale

Current estimated payment $9,403/month

182 Days on Market

Highlights

  • Community Pool
  • Community Playground
  • Satellite Dish
  • Niwot High School Rated A
  • High Speed Internet
  • Level Lot

About This Lot

As of October 2019

Premium lot with views of park to the east. Build-to-suit Single Family at 6,687 square feet, with option for Carriage House. Prospect New Town is a colorful & inviting New Urbanist community---one of America's coolest neighborhoods w/walk-to convenience to restaurants, shopping & parks. Bring your own builder/plans.

Last Agent to Sell the Property

Marlita Lazo

Markel Homes Listed on: 03/20/2019

Last Buyer's Agent

David Orvis

Embassy Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,179

Lot Details

  • 6,687 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Property is zoned PUD

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • Alley Access

Location

  • Mineral Rights Excluded

Schools

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

Utilities

  • Water Rights Not Included
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number R0504785

Community Details

Overview

  • Association fees include management, utilities
  • Prospect New Town Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$3,179

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Development Status: Approved Subdivided, Build to Suit, Covenants, Architectural Approval Required, Homeowners' Association
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.15
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Prospect New Town
  • IRESDS_HasWaterRights: No
  • Special Features: None

Interior Features

  • Possible Use: Development
  • Interior Amenities: Satellite Avail, High Speed Internet

Exterior Features

  • Lot Features: Sidewalks, Fire Hydrant within 500 Feet, Water Rights Excluded, Mineral Rights Excluded, Level
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Lighting

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Utilities: Natural Gas Available
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Management, Utilities
  • Community Features: Pool, Playground
  • Senior Community: No
  • Association Fee: 94.23
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Zoning: PUD
  • Lot Size Sq Ft: 6687
  • Parcel #: R0504785
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3179

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Oct 24, 2019
Sold by
Ridgeline Development Corporation
Bought by
Markle Homes Construction Company
Seller's Agent
Marlita Lazo
Markel Homes
Buyer's Agent
David Orvis
Embassy Realty LLC
List Price
$289,900
Sold Price
$249,900
Premium/Discount to List
-$40,000
-13.8%
Current Estimated Value
$1,597,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,347,959
Avg. Annual Appreciation
36.59%
Source: Public Records

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
Markle Homes Construction Company -- Heritage Title Company
Orvis Heath A $249,900 Heritage Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Off Market $249,900 -- --
10/24/2019 10/24/19 Sold $249,900 0.0% --
06/11/2019 06/11/19 Price Changed $249,900 -13.8% --
03/20/2019 03/20/19 For Sale $289,900 -- --
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 $9,647 $107,007 $9,713 $97,294
2024 $9,647 $107,007 $9,713 $97,294
2023 $9,516 $100,855 $10,325 $94,216
2022 $2,572 $25,986 $7,895 $18,091
2021 $1,517 $15,567 $8,122 $7,445
2020 $6,564 $67,570 $67,570 $0
2019 $6,460 $67,570 $67,570 $0
2018 $3,534 $37,207 $37,207 $0
2017 $3,179 $33,930 $33,930 $0
2016 $1,608 $16,820 $16,820 $0
2015 $1,532 $5,220 $5,220 $0
2014 $352 $3,770 $3,770 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 875228

IRES MLS

APN: 1315153-57-004