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3242 Iron Horse Way

3242 Iron Horse Way, Wellington, CO 80549
Property in Larimer
Sold Aug 19, 2020
$352,000
$345,624 by Fairway Independent Mortgage C
Mortgage Due Sep 01, 2050
Sold Jun 15, 2009
$170,000
$170,000 by James Matsuda Etal
Mortgage Due Jul 01, 2014
3242 Iron Horse Way in Wellington, CO was first built in 2005 and is 19 years old. Although, the building on the property was most recently renovated and altered in 2019. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3242 Iron Horse Way has 2,504 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,252 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 3242 Iron Horse Way was last sold in Aug 14, 2020 for $352,000. According to our calculations, that's $119.57 per sqft. Prior to that sales transaction, the property was sold for $170,000 in Jun 12, 2009. Current property owners are expected to pay $2,583 in taxes per year. The property on 3242 Iron Horse Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,547. To break that down further, the land itself was valued at $2,641. While improvements to the property were assessed at a total of $20,906. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2005
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,252
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 2,944
  • Gross Building Area: 2,944
  • Building Area: 2,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUFFALO CREEK 4TH WEL (20050068488)
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2, BLOCK 1, BUFFALO CREEK 4TH WEL (20050068488)

Ownership

  • Current Owner : FERRIS MICHELLE E
  • Current Owner 2: FERRIS ANTHONY B
  • Previous Owner : STERKEL JAMI T
  • Previous Owner 2: STERKEL BRANDON M
  • Owner Before Previous Owner: MATSUDA JAMES
  • Owner Before Previous Owner 2: MATSUDA JEANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Poudre School District R-1
  • Census Tract: 002507

Geography

  • Assessors Map Reference: 89283
  • Account Number: R1635870
  • Parcel: R1635870
  • Block: 1
  • Lot: 2
  • Meridian: SEC 28 TWN 9N RNG 68W
  • Municipality: WELLINGTON
  • Latitude: 40.7182
  • Longitude: -105.017

    Address

  • Full Address: 3242 Iron Horse Way
  • Address - House Number: 3242
  • Address - Street Name: Iron Horse
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Wellington
  • Carrier Code: R003
  • 4-Digit Zip Code: 3020
  • Zip Code: 80549

Valuation

    Tax

  • Total Area: 2,504
  • Tax Year: 2022
  • Tax Amount: $2,583
  • Tax Rate Code Area: 1500

    Appraisal Valuation

  • Standard Deviation: 0.148
  • Valuation Date: Mar 01, 2023
  • Confidence Score: 82
  • Final Value: 498,614
  • High Value: 572,420
  • Low Value: 424,808

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $359,448
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Loan Amount: $345,624
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: COLORADO HOUSING & FINANCE AUT
  • Second Open Lien Mortgage Recording Date: Aug 19, 2020
  • Second Open Lien Mortgage Loan Amount: $13,824
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $338,800
  • Market Land Value: $38,000
  • Market Improvement Value: $300,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,547
  • Assessed Land Value: $2,641
  • Assessed Improvements Value: $20,906

    Sales

  • Current Sale Contract Date: Aug 14, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Transaction ID: 11781385085
  • Current Sale Price: $352,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20200064484
  • Previous Sale Recording Date: Jun 15, 2009
  • Previous Sale Contract Date: Jun 12, 2009
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Aug 19, 2020
  • First Mortgage Loan Amount: $345,624
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: JAMES MATSUDA ETAL
  • Previous Mortgage Transaction Date: Jun 15, 2009
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Jul 01, 2014

About Wellington



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Frequently Asked Questions

What neighborhood is 3242 Iron Horse Way located in?
The 3242 Iron Horse Way is a located in the neighborhood of Larimer in Wellington, Wellington.
What is the average sales price for listings in 3242 Iron Horse Way?
The average sales price for units in 3242 Iron Horse Way is $0 currently.

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