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2980 Merry Rest Way

2980 Merry Rest Way, Castle Rock, CO 80109
Property in The Meadows
Sold Aug 07, 2020
$443,000
$310,100 by Mutual Of Omaha Mortgage Inc
Mortgage Due Sep 01, 2050
Sold May 30, 2019
$421,941
$412,300 by United Wholesale Mortgage
Mortgage Due Jun 01, 2049
2980 Merry Rest Way has been categorized by the local assessors in Castle Rock, CO as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2980 Merry Rest Way has 2,293 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 3,223 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 400 sqft. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 2980 Merry Rest Way was last sold in Aug 5, 2020 for $443,000. According to our calculations, that's $193.20 per sqft. Prior to that sales transaction, the property was sold for $421,941 in May 10, 2019. Current property owners are expected to pay $3,050 in taxes per year. The property on 2980 Merry Rest Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,010. To break that down further, the land itself was valued at $6,840. While improvements to the property were assessed at a total of $23,170. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,223
  • Total Building Area: 2,293
  • Gross Building Area: 2,293
  • Building Area: 2,293
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,293
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWS THE
  • Land Acres: 0.074
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 40 BLOCK 1 THE MEADOWS 20 PHASE 2 AMD 4 0.074 AM/L

Ownership

  • Current Owner : LEE HYE CHONG
  • Current Owner 2: WHITFIELD HYE KYONG
  • Previous Owner : HOFFMAN SHELLEY
  • Previous Owner 2: HOFFMAN LLOYD
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP II INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Douglas County School District RE-1
  • Census Tract: 014410

Geography

  • Account Number: R0498173
  • Subdivision Phase Number: 2
  • Parcel: 0498173
  • Block: 1
  • Lot: 40
  • Meridian: SEC 33 TWN 07S RNG 67W QTR NE
  • Municipality: DOUGLAS COUNTY RE 1
  • Latitude: 39.4016
  • Longitude: -104.895

    Address

  • Full Address: 2980 Merry Rest Way
  • Address - House Number: 2980
  • Address - Street Name: Merry Rest
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Castle Rock
  • Carrier Code: C036
  • 4-Digit Zip Code: 3890
  • Zip Code: 80109

Valuation

    Tax

  • Total Area: 2,293
  • Tax Year: 2022
  • Tax Amount: $3,050
  • Tax Rate Code Area: 1750

    Appraisal Valuation

  • Standard Deviation: 0.0526
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 99
  • Final Value: 597,760
  • High Value: 629,261
  • Low Value: 566,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,100
  • First Open Lien Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $310,100
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $431,821
  • Market Land Value: $98,489
  • Market Improvement Value: $333,332

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,010
  • Assessed Land Value: $6,840
  • Assessed Improvements Value: $23,170

    Sales

  • Current Sale Contract Date: Aug 05, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11779483721
  • Current Sale Price: $443,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020072572
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 10, 2019
  • Previous Sale Amount: $421,941
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUAL OF OMAHA MORTGAGE INC
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $310,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: May 30, 2019
  • Previous Mortgage Loan Amount: $412,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About The Meadows



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Frequently Asked Questions

What neighborhood is 2980 Merry Rest Way located in?
The 2980 Merry Rest Way is a located in the neighborhood of The Meadows in The Meadows, Castle Rock.
What is the average sales price for listings in 2980 Merry Rest Way?
The average sales price for units in 2980 Merry Rest Way is $0 currently.

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