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1116 Cove Road

1116 Cove Road, Gunnison, CO 81230
Property in Gunnison
Sold Jul 22, 2016
$189,500
$189,356 by Robert C Madden Et Al
Mortgage Due Nov 01, 2030
Sold Nov 23, 2005
$77,500
$62,000 by Countrywide Home Loans Inc
Mortgage Due Dec 01, 2035
1116 Cove Road in Gunnison, CO was first built in 1981 and is 43 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1116 Cove Road has 2,453 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. In total, the area measurement of the land is 13,068 square feet.

Learn more about the property and building on this page. The roof of the home is made of metal. Water for the property is sourced from a spring system. The condition of the building has been evaluated as fair. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing baseboard heaters. 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, 1116 Cove Road sold most recently in Jul 22, 2016 for a total of $189,500. If you work out the math, that's approximately a cost of $77.25 per sqft. Before that, the property was also sold for $77,500 in Nov 18, 2005. 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 $1,293 in taxes each year. 1116 Cove Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,970. If we break it down further, the land itself was valued at $880. Improvements to the property, however, were assessed at a total of $23,090. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Style: Conventional
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,453
  • Building Area: 2,453
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 2,453
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Spring

Building

  • Property Class: Residential
  • Subdivision: MASDEN LAKE FORK COVE
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SITE 15, MASDEN LAKE FORK COVE SUBDIVISION

Ownership

  • Current Owner : WOLFE DONALD E
  • Current Owner 2: MADDEN DEBORAH A
  • Previous Owner : MADDEN ROBERT C
  • Previous Owner 2: MADDEN MARYELL
  • Owner Before Previous Owner: DERRELL A MASDEN YRDYSMENTARY TRUST

Neighborhood

  • School District Name: Gunnison Watershed School District RE-1J
  • Census Tract: 963701

Geography

  • Account Number: R011557
  • Parcel: 398303400026
  • Municipality: RE1J-W
  • Latitude: 38.4432
  • Longitude: -107.31

    Address

  • Full Address: 1116 Cove Rd
  • Address - House Number: 1116
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Gunnison
  • Zip Code: 81230

Valuation

    Tax

  • Total Area: 2,112
  • Tax Year: 2023
  • Tax Amount: $1,293
  • Tax Rate Code Area: 602

    Appraisal Valuation

  • Standard Deviation: 0.2695
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 610,943
  • High Value: 775,646
  • Low Value: 446,239

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,356
  • First Open Lien Mortgage Lender: ROBERT C MADDEN ET AL
  • First Open Lien Mortgage Recording Date: Jul 22, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $189,356
  • First Open Lien Mortgage Term: 171
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2030
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $344,860
  • Market Land Value: $12,700
  • Market Improvement Value: $332,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,970
  • Assessed Land Value: $880
  • Assessed Improvements Value: $23,090

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Transaction ID: 1682721740
  • Current Sale Price: $189,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0640751
  • Previous Sale Recording Date: Nov 23, 2005
  • Previous Sale Contract Date: Nov 18, 2005
  • Previous Sale Amount: $77,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROBERT C MADDEN ET AL
  • First Mortgage Transaction Date: Jul 22, 2016
  • First Mortgage Loan Amount: $189,356
  • First Mortgage Terms: 171
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2030

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Nov 23, 2005
  • Previous Mortgage Loan Amount: $62,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Gunnison



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Frequently Asked Questions

What neighborhood is 1116 Cove Road located in?
The 1116 Cove Road is a located in the neighborhood of Gunnison in Gunnison, Gunnison.
What is the average sales price for listings in 1116 Cove Road?
The average sales price for units in 1116 Cove Road is $0 currently.

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