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316 West 8th Avenue

316 West 8th Avenue, Fort Morgan, CO 80701
Property in Morgan
Sold Nov 29, 2018
$138,000
$135,500 by Bank Of Colorado
Mortgage Due Dec 01, 2048
Sold Aug 14, 2017
$115,000
Local assessors in Fort Morgan, CO have categorized 316 West 8th Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 4,050 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 450 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 316 West 8th Avenue has a total of 900 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 960 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. 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. The building has a gable or hip style roof that was made of asphalt. Lots of materials we are unsure of 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. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's electric heaters is the primary heating source and it is being fueled with electricity. The property was last sold in Nov 27, 2018 for $138,000. That's $61.97 per sqft. Prior to that sales transaction, the property was also sold in Aug 11, 2017 for $115,000. 316 West 8th Avenue was last assessed in 2022. The total value of the property was assessed at $13,550. Specifically, the land the property is located on was valued at $1,900. While improvements on the property were assessed at a total of $11,650. 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 $1,253. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 240
  • Garage Type: Detached
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,050
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 450
  • Total Building Area: 2,227
  • Gross Building Area: 2,227
  • Building Area: 2,227
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 900
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE ADD
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD RIVERSIDE ADD FM BLOCK 15 LOT 29 THRU- LOT 32 E45FT OF N15FT LT 29 & E45FT LTS 30 31 & 32

Ownership

  • Current Owner : PENUELAS GLORIA ALICIA
  • Previous Owner : HAPPY LIFE PROPERTIES LLC
  • Owner Before Previous Owner: MOUNT MICHAEL C
  • Owner Before Previous Owner 2: MOUNT PENNY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000400

Geography

  • Parcel: R004972
  • Block: 15
  • Lot: 32
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2578
  • Longitude: -103.806

    Address

  • Full Address: 316 W 8th Ave
  • Address - House Number: 316
  • Street Direction: W
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C004
  • 4-Digit Zip Code: 2010
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2023
  • Tax Amount: $1,253
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 277,625
  • High Value: 326,512
  • Low Value: 228,738

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $141,335
  • First Open Lien Mortgage Lender: BANK OF COLORADO
  • First Open Lien Mortgage Recording Date: Nov 29, 2018
  • First Open Lien Mortgage Loan Amount: $135,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2048
  • Second Open Lien Mortgage Lender: COLORADO HOUSING & FINANCE AUT
  • Second Open Lien Mortgage Recording Date: Nov 29, 2018
  • Second Open Lien Mortgage Loan Amount: $5,835
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2048

    Market Valuation

  • Market Total Value: $194,960
  • Market Land Value: $27,300
  • Market Improvement Value: $167,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,550
  • Assessed Land Value: $1,900
  • Assessed Improvements Value: $11,650

    Sales

  • Current Sale Contract Date: Nov 27, 2018
  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Transaction ID: 11542275030
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 915555
  • Previous Sale Recording Date: Aug 14, 2017
  • Previous Sale Contract Date: Aug 11, 2017
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF COLORADO
  • First Mortgage Transaction Date: Nov 29, 2018
  • First Mortgage Loan Amount: $135,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

About Fort Morgan



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Frequently Asked Questions

What neighborhood is 316 West 8th Avenue located in?
The 316 West 8th Avenue is a located in the neighborhood of Morgan in Fort Morgan, Fort Morgan.
What is the average sales price for listings in 316 West 8th Avenue?
The average sales price for units in 316 West 8th Avenue is $0 currently.

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