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1025 Main Street

1025 Main Street, Fort Morgan, CO 80701
Land in Morgan
Sold Oct 02, 2020
$120,000
$440,000 by Bank Of The San Juans
Mortgage Due Jul 01, 2031
Sold Dec 01, 2016
$115,000
1025 Main Street in Fort Morgan, CO was first built in 1952 and is 72 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1025 Main Street has 960 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 420 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1025 Main Street sold most recently in Oct 1, 2020 for a total of $120,000. If you work out the math, that's approximately a cost of $83.33 per sqft. Before that, the property was also sold for $115,000 in Nov 30, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,120 in taxes each year. 1025 Main Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $12,140. If we break it down further, the land itself was valued at $2,340. Improvements to the property, however, were assessed at a total of $9,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 420
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUSTINS ADD
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD AUSTINS ADD FM BLOCK 01 LOT 13 E12 LT 13 NKA MB DESC S 06 T 3 R 57 PARC NE14NW14 50 X 120 B861 P522

Ownership

  • Current Owner : J & L DEVELOPMENT LLC
  • Previous Owner : AMIN DAVID
  • Owner Before Previous Owner: HWH ENTERPRISES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000400

Geography

  • Parcel: R005596
  • Block: 1
  • Lot: 13
  • Meridian: SEC 06 TWN 03 RNG 57
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2606
  • Longitude: -103.802

    Address

  • Full Address: 1025 Main St
  • Address - House Number: 1025
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C003
  • 4-Digit Zip Code: 2033
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,380
  • Tax Year: 2023
  • Tax Amount: $1,120
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 239,149
  • High Value: 285,627
  • Low Value: 192,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: BANK OF THE SAN JUANS
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $174,590
  • Market Land Value: $33,600
  • Market Improvement Value: $140,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,140
  • Assessed Land Value: $2,340
  • Assessed Improvements Value: $9,800

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11789716391
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 928016
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Nov 30, 2016
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAVID AMIN
  • First Mortgage Transaction Date: Oct 02, 2020
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 8
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 02, 2021

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Fort Morgan



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Frequently Asked Questions

What neighborhood is 1025 Main Street located in?
The 1025 Main Street is a land located in the neighborhood of Morgan in Fort Morgan, Fort Morgan.
What is the average sales price for listings in 1025 Main Street?
The average sales price for units in 1025 Main Street is $0 currently.

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