NOT LISTED FOR SALE

Estimated Value: $1,137,000

17.17 Acres
$66,220 Price per Acre
747,925 Sq Ft Lot

Last Sold February 14, 2014

Last sale price $880,000

Est. 29% increase in value since last sale

Current estimated payment $7,723/month

294 Days on Market

Highlights

  • 17.17 Acre Lot
  • Mountain View
  • Fenced
  • Blue Mountain Elementary School Rated A
  • No HOA

About This Lot

As of February 2014

Prime development site with water rights, located near the Twin Peaks Mall, Target, Home Depot and numerous restaurants. This property has preliminary annexation approval for Business Light Industrial (BLI) zoning with the City of Longmont. Excellent traffic count on Nelson Road and access to Boulder/Longmont and major highways. Real property and improvements sold for $500,000. Water rights sold for $380,000 (36 shares of south flat ditch).

Last Agent to Sell the Property

Bob Davis

RE/MAX Alliance-Lsvl Listed on: 03/27/2013

RE/MAX Alliance-Lsvl

Co-Listed By

Steve Anderson

RE/MAX Alliance-Lsvl

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Property Type

  • Land

Lot Details

  • 17.17 Acre Lot
  • Unincorporated Location
  • Fenced
  • Property is zoned Ag

Property Views

  • Mountain Views

Utilities

  • Water Rights
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R0051434

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 17.17
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: RXAD
  • Subdivision Name: N/A
  • Directions: Ken Pratt to Hover Road, north to Nelson Road then west to property on north side of road
  • IRESDS_HasWaterRights: No
  • Special Features: RealEstateOwned

Interior Features

  • Possible Use: Commercial, Commercial or Industrial

Exterior Features

  • Fencing: Fenced
  • Lot Features: Water Rights Included, Unincorporated
  • View: Mountain(s)
  • Waterfront: No

Utilities

  • Electric: Electric, Longmont
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: Septic
  • Water Source: District Water, Lefthand Water
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Lot Info

  • Zoning: Ag
  • Lot Size Sq Ft: 747795
  • Parcel #: R0051434
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 15484

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2023
Sold by
Tebo Development Co and Tebo Stephen D
Bought by
Nelson Road Mf Project Owner Llc
Current Estimated Value
$1,137,000

Purchase Details

Listed on
Mar 27, 2013
Closed on
Feb 14, 2014
Sold by
Mountain View Bank Of Commerce
Bought by
Tebo Stephen B
Seller's Agent
Bob Davis
RE/MAX Alliance-Lsvl
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$995,000
Sold Price
$880,000
Premium/Discount to List
-$115,000
-11.56%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Ward Investments Llc
Bought by
Buffalo Property Holdings Llc

Purchase Details

Closed on
Jan 5, 2001
Sold by
Terramar Investments
Bought by
Ward Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1998
Sold by
Knight Joe A and Knight Kimberly A
Bought by
Terramar Investments

Purchase Details

Closed on
Aug 6, 1991
Bought by
Tebo Stephen D

Purchase Details

Closed on
Mar 30, 1982
Bought by
Tebo Stephen D
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
Nelson Road Mf Project Owner Llc $11,533,300 Fidelity National Title
Tebo Stephen B -- None Available
Tebo Stephen D $500,000 Fidelity National Title Ins
Buffalo Property Holdings Llc -- None Available
Ward Investments Llc $1,300,000 --
Terramar Investments $750,000 --
Tebo Stephen D $185,000 --
Tebo Stephen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Investments Llc $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $880,000 -- --
02/14/2014 02/14/14 Sold $880,000 -11.6% --
01/15/2014 01/15/14 Pending -- -- --
03/27/2013 03/27/13 For Sale $995,000 -- --
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
2023 $21,115 $190,919 $141,282 $61,693
2022 $20,770 $180,291 $130,202 $50,089
2021 $20,545 $180,728 $130,599 $50,129
2020 $18,515 $163,290 $130,599 $32,691
2019 $18,265 $163,290 $130,599 $32,691
2018 $17,435 $177,944 $134,365 $43,579
2017 $16,405 $179,046 $135,125 $43,921
2016 $15,264 $162,201 $121,977 $40,224
2015 $14,534 $175,887 $153,102 $22,785
2014 $16,164 $175,887 $153,102 $22,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 703046

IRES MLS

APN: 1315080-00-037