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10550 Racine Street

10550 Racine Street, Commerce City, CO 80022
Property in Adams
Sold Jan 14, 2020
$390,000
$317,460 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2050
Sold Oct 13, 2017
$360,921
$285,900 by Nest Home Lending Llc
Mortgage Due Nov 01, 2047
Local assessors in Commerce City, CO have categorized 10550 Racine Street as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 4,500 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10550 Racine Street has a total of 2,025 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 448 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of materials that we aren't sure of. Lots of a combination of material were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 10550 Racine Street sold most recently in Jan 10, 2020 for a total of $390,000. If you work out the math, that's approximately a cost of $117.82 per sqft. Before that, the property was also sold for $360,921 in Oct 12, 2017. 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 $5,897 in taxes each year. 10550 Racine Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,800. If we break it down further, the land itself was valued at $6,830. Improvements to the property, however, were assessed at a total of $29,970. 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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 837
  • Garage Type: Attached
  • Garage Square Area: 448
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 3,310
  • Gross Building Area: 3,431
  • Building Area: 2,025
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,025
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINDEN FILING NO 1 AMENDMENT NO 2
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUB:LINDEN FILING NO 1 AMENDMENT NO 2 BLK:2 LOT:13

Ownership

  • Current Owner : PERSICHETTE JONATHON M
  • Previous Owner : GUTIERREZ MEGAN M
  • Previous Owner 2: PEREZ MANUEL B GUTIERREZ
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brighton School District 27J
  • School Tax School District: SD 27-BRIGHTON
  • Census Tract: 008558

Geography

  • Account Number: R0160087
  • Parcel: R0160087
  • Block: 2
  • Lot: 13
  • Meridian: SEC 12 QTR 3 TWN 02S RNG 67W
  • Latitude: 39.8886
  • Longitude: -104.843

    Address

  • Full Address: 10550 Racine St
  • Address - House Number: 10550
  • Address - Street Name: Racine
  • Address - Suffix Type: St
  • State: CO
  • City Name: Commerce City
  • Carrier Code: R011
  • 4-Digit Zip Code: 6629
  • Zip Code: 80022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,897
  • Tax Rate Code Area: 10-105

    Appraisal Valuation

  • Standard Deviation: 0.1194
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 87
  • Final Value: 538,081
  • High Value: 602,352
  • Low Value: 473,811

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $325,559
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 14, 2020
  • First Open Lien Mortgage Loan Amount: $317,460
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 18, 2023
  • Second Open Lien Mortgage Loan Amount: $8,099
  • Second Open Lien Mortgage Term: 313
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $544,000
  • Market Land Value: $101,000
  • Market Improvement Value: $443,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,800
  • Assessed Land Value: $6,830
  • Assessed Improvements Value: $29,970

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 14, 2020
  • Current Sale Transaction ID: 11718310324
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020000004336
  • Previous Sale Recording Date: Oct 13, 2017
  • Previous Sale Contract Date: Oct 12, 2017
  • Previous Sale Amount: $360,921
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 14, 2020
  • First Mortgage Loan Amount: $317,460
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: NEST HOME LENDING LLC
  • Previous Mortgage Transaction Date: Oct 13, 2017
  • Previous Mortgage Loan Amount: $285,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Commerce City



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Unit for rent at 9268 E 109th Ave, Commerce City, CO, 80640

$2,750 /mo

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  • 2.5 Baths
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9268 E 109th Ave #9268 E 109th Ave, Commerce City, CO, 80640 Listing by Manager

Frequently Asked Questions

What neighborhood is 10550 Racine Street located in?
The 10550 Racine Street is a located in the neighborhood of Adams in Commerce City, Commerce City.
What is the average sales price for listings in 10550 Racine Street?
The average sales price for units in 10550 Racine Street is $0 currently.

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