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1924 Otter Pond Circle

1924 Otter Pond Circle, Montrose, CO 81401
Property in Montrose
Sold Nov 06, 2019
$730,000
$484,000 by Bay Equity Llc
Mortgage Due Dec 01, 2049
Sold Sep 01, 1994
$35,000
1924 Otter Pond Circle 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 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 4 full bathrooms. There are 4 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, 1924 Otter Pond Circle has 5,308 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 34,417 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

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 exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1924 Otter Pond Circle was last sold in Nov 4, 2019 for $730,000. According to our calculations, that's $137.53 per sqft. Prior to that sales transaction, the property was sold for $35,000 in Sep 1, 1994. Current property owners are expected to pay $4,421 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 1924 Otter Pond Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $70,390. To break that down further, the land itself was valued at $6,810. While improvements to the property were assessed at a total of $63,580. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,417
  • Total Building Area: 5,308
  • Building Area: 5,308
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 5,308
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OTTER POND SUBD
  • Land Acres: 0.79
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: OTTER POND SUBD FILING NO 1 LOT: 23 S: 4 T: 48 R: 9

Ownership

  • Current Owner : HANSEN KIM F
  • Current Owner 2: HANSEN LAUREL J
  • Previous Owner : WOODRUFF DAVID E
  • Previous Owner 2: WOODRUFF KATHLEEN A
  • Owner Before Previous Owner: OTTER POND LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966501

Geography

  • Account Number: R0012910
  • Parcel: 3993-041-23-010
  • Meridian: SEC 04 TWN 48 RNG 09
  • Latitude: 38.4486
  • Longitude: -107.857

    Address

  • Full Address: 1924 Otter Pond Cir
  • Address - House Number: 1924
  • Address - Street Name: Otter Pond
  • Address - Suffix Type: Cir
  • State: CO
  • City Name: Montrose
  • Carrier Code: R013
  • 4-Digit Zip Code: 9551
  • Zip Code: 81401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,421
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 1140

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 1,045,934
  • High Value: 1,234,991
  • Low Value: 856,876

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $946,807
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Nov 06, 2019
  • First Open Lien Mortgage Loan Amount: $484,000
  • 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: Dec 01, 2049
  • Second Open Lien Mortgage Lender: ALPINE BANK
  • Second Open Lien Mortgage Recording Date: Dec 30, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $160,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 30, 2050
  • Third Open Lien Mortgage Lender: ALPINE BANK
  • Third Open Lien Mortgage Recording Date: Mar 21, 2022
  • Third Open Lien Mortgage Loan Amount: $302,807
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Mar 21, 2052

    Market Valuation

  • Market Total Value: $1,012,810
  • Market Land Value: $98,000
  • Market Improvement Value: $914,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,390
  • Assessed Land Value: $6,810
  • Assessed Improvements Value: $63,580

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Nov 06, 2019
  • Current Sale Transaction ID: 11676615103
  • Current Sale Price: $730,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 915035
  • Previous Sale Recording Date: Sep 01, 1994
  • Previous Sale Contract Date: Sep 01, 1994
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Nov 06, 2019
  • First Mortgage Loan Amount: $484,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Montrose



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Frequently Asked Questions

What neighborhood is 1924 Otter Pond Circle located in?
The 1924 Otter Pond Circle is a located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 1924 Otter Pond Circle?
The average sales price for units in 1924 Otter Pond Circle is $0 currently.

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