Check Availability

2531 Cambridge Drive

2531 Cambridge Drive, Longmont, CO 80503
Property in Boulder
Sold May 24, 2021
$419,000
$577,500 by Quicken Loans Llc
Mortgage Due Jun 01, 2051
Sold Oct 19, 2004
$185,007
Hud
Seller
$129,500 by Megastar Financial Corp
Mortgage Due Nov 01, 2034
Local assessors in Longmont, CO have categorized 2531 Cambridge Drive as a residential type of property. The home was built in 1974 and is 50 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 7,605 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 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 is one full bathroom. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2531 Cambridge Drive has a total of 2,132 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement with daylight that is 1,050 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - D. The building has a roof that is made of asphalt. Lots of wood shingle 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. The home's a forced air unit 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, 2531 Cambridge Drive sold most recently in May 19, 2021 for a total of $419,000. If you work out the math, that's approximately a cost of $165.48 per sqft. Before that, the property was also sold for $185,007 in Oct 8, 2004. 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 $2,741 in taxes each year. 2531 Cambridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $36,713. If we break it down further, the land itself was valued at $9,667. Improvements to the property, however, were assessed at a total of $27,046. 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: 1974
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Basement Type: Full basement with daylight
  • Basement Area: 1,050
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,605
  • Total Building Area: 2,532
  • Gross Building Area: 2,532
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONGMONT VILLAGE - LG
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 5 LESS E 2 FT BLK 4 LONGMONT VILLAGE

Ownership

  • Current Owner : BRANDT MATTHEW
  • Current Owner 2: BRANDT HEATHER E
  • Previous Owner : THE RHATIGAN TRUST
  • Owner Before Previous Owner: HUD
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013207

Geography

  • Assessors Map Reference: B2-J
  • Account Number: R0043776
  • Parcel: R0043776
  • Block: 4
  • Lot: 5
  • Meridian: SEC 29 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1919
  • Longitude: -105.135

    Address

  • Full Address: 2531 Cambridge Dr
  • Address - House Number: 2531
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: C075
  • 4-Digit Zip Code: 1708
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,741
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1697
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 572,457
  • High Value: 669,618
  • Low Value: 475,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $577,500
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $577,500
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $542,700
  • Market Land Value: $142,900
  • Market Improvement Value: $399,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,713
  • Assessed Land Value: $9,667
  • Assessed Improvements Value: $27,046

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 24, 2021
  • Current Sale Transaction ID: 11836152326
  • Current Sale Price: $419,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3887263
  • Previous Sale Recording Date: Oct 19, 2004
  • Previous Sale Contract Date: Oct 08, 2004
  • Previous Sale Amount: $185,007
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 24, 2021
  • First Mortgage Loan Amount: $577,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MEGASTAR FINANCIAL CORP
  • Previous Mortgage Transaction Date: Oct 19, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $129,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Nov 01, 2034

About Longmont



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 636 Wade Road, Longmont, CO, 80503

$2,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,832 ft²
636 Wade Road #636 Wade Road, Longmont, CO, 80503 Listing by Manager

Frequently Asked Questions

What neighborhood is 2531 Cambridge Drive located in?
The 2531 Cambridge Drive is a located in the neighborhood of Boulder in Longmont, Longmont.
What is the average sales price for listings in 2531 Cambridge Drive?
The average sales price for units in 2531 Cambridge Drive is $0 currently.

Quantcast