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1558 Cress

1558 Cress, Boulder, CO 80304
Sold Oct 28, 2020
$2,275,400
$500,000 by Cardinal Financial Company Lp
Mortgage Due Nov 01, 2050
Sold Aug 29, 2017
$2,100,000
$1,500,000 by Fifth Third Mortgage Co
Mortgage Due Sep 01, 2047
1558 Cress in Boulder, CO was first built in 1993 and is 31 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 unknown style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 5 partial bathrooms. 1558 Cress has 5,974 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 2,092 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 9,868 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 675 sqft. There are a total of 2 available parking spaces. 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 quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of brick veneer. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Oct 19, 2020 for $2,275,400. That's $320.98 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2017 for $2,100,000. 1558 Cress was last assessed in 2023. The total value of the property was assessed at $248,559. Specifically, the land the property is located on was valued at $43,519. While improvements on the property were assessed at a total of $205,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $15,681. The initial tax year of delinquency was in 2018. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,092
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,868
  • Total Building Area: 7,089
  • Gross Building Area: 7,089
  • Building Area: 5,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,974
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WARNE - BO
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 9 WARNE

Ownership

  • Current Owner : PARKS CHRISTOPHER M
  • Current Owner 2: PARKS DONA M
  • Previous Owner : RADEMACHER JOHN B
  • Previous Owner 2: RADEMACHER SUSAN
  • Owner Before Previous Owner: FULKERTON LORRI J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Boulder Valley School District RE-2
  • Census Tract: 012105

Geography

  • Assessors Map Reference: B11-M
  • Account Number: R0111113
  • Parcel: R0111113
  • Lot: 9
  • Meridian: SEC 19 TWN 1N RNG 70
  • Municipality: BOULDER
  • Latitude: 40.0429
  • Longitude: -105.279

    Address

  • Full Address: 1558 Cress Ct
  • Address - House Number: 1558
  • Address - Street Name: Cress
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Boulder
  • Carrier Code: C033
  • 4-Digit Zip Code: 1503
  • Zip Code: 80304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,681
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 00-010

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 82
  • Final Value: 3,519,746
  • High Value: 4,039,648
  • Low Value: 2,999,844

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Oct 28, 2020
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK OF OMAHA
  • Second Open Lien Mortgage Recording Date: May 03, 2023
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $3,674,200
  • Market Land Value: $643,300
  • Market Improvement Value: $3,030,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,559
  • Assessed Land Value: $43,519
  • Assessed Improvements Value: $205,040

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 28, 2020
  • Current Sale Transaction ID: 11798289840
  • Current Sale Price: $2,275,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3828378
  • Previous Sale Recording Date: Aug 29, 2017
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $2,100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Oct 28, 2020
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 29, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 1558 Cress located in?
The 1558 Cress is a house located in the neighborhood of Rural North Boulder in North Boulder, Boulder.
What is the average sales price for listings in 1558 Cress?
The average sales price for units in 1558 Cress is $2,445,000 , or $373/sqft. currently.

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