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1695 Rheims Court

1695 Rheims Court, Montrose, CO 81401
Property in Montrose
Sold Dec 08, 2022
$354,900
$274,000 by Nuvista Federal Credit Union
Mortgage Due Jan 01, 2053
Sold Oct 01, 2018
$215,000
$322,500 by Land-home Financial Services
Mortgage
1695 Rheims Court has been categorized by the local assessors in Montrose, CO as a residential type of property. The building on the property was first built in 1994 and is 30 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1695 Rheims Court has 1,438 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,590 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of composition shingle. The inside of the home is being cooled with a evaporative cooler at the moment. In terms of heating, it is utilizing a hot water heating system 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, 1695 Rheims Court sold most recently in Dec 8, 2022 for a total of $354,900. If you work out the math, that's approximately a cost of $246.80 per sqft. Before that, the property was also sold for $215,000 in Oct 1, 2018. 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 $1,246 in taxes each year. 1695 Rheims Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $22,600. If we break it down further, the land itself was valued at $3,480. Improvements to the property, however, were assessed at a total of $19,120. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1994
  • Effective Year Built: 1994
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,590
  • Total Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Hot water
  • Heated Square Feet: 1,438
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VINEYARDS AT VISTA SAN JUAN
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: VINEYARDS AT VISTA SAN JUAN FILING NO 2 THE LOT: 47 S: 4 T: 48 R: 9

Ownership

  • Current Owner : MCCAFFREY MARGARET
  • Previous Owner : ADAMS LORAINE ALLEN
  • Owner Before Previous Owner: KIPERS VIRGIL M
  • Owner Before Previous Owner 2: HANSON KIPERS NANCY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966401

Geography

  • Account Number: R0012545
  • Parcel: 3993-041-19-009
  • Meridian: SEC 04 TWN 48 RNG 09
  • Latitude: 38.4588
  • Longitude: -107.857

    Address

  • Full Address: 1695 Rheims Ct
  • Address - House Number: 1695
  • Address - Street Name: Rheims
  • Address - Suffix Type: Ct
  • State: CO
  • City Name: Montrose
  • Carrier Code: C003
  • 4-Digit Zip Code: 6428
  • Zip Code: 81401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,246
  • Tax Rate Code Area: 1140

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 360,069
  • High Value: 435,885
  • Low Value: 284,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $274,000
  • First Open Lien Mortgage Lender: NUVISTA FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Dec 08, 2022
  • First Open Lien Mortgage Loan Amount: $274,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2053

    Market Valuation

  • Market Total Value: $325,050
  • Market Land Value: $50,000
  • Market Improvement Value: $275,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,600
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $19,120

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Transaction ID: 11899669579
  • Current Sale Price: $354,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 957741
  • Previous Sale Recording Date: Oct 01, 2018
  • Previous Sale Contract Date: Oct 01, 2018
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NUVISTA FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Dec 08, 2022
  • First Mortgage Loan Amount: $274,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • Previous Mortgage Transaction Date: Oct 01, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $322,500
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

About Montrose



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1695 Rheims Court located in?
The 1695 Rheims Court is a located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 1695 Rheims Court?
The average sales price for units in 1695 Rheims Court is $0 currently.

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