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327 South Lake Street

327 South Lake Street, Fort Morgan, CO 80701
Property in Morgan
Sold Nov 01, 2016
$184,000
$180,667 by Bank Of America Na
Mortgage Due Nov 01, 2046
Sold Mar 30, 2011
$67,200
Local assessors in Fort Morgan, CO have categorized 327 South Lake Street 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 1984. The property's lot size has been calculated to be 13,924 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 1,180 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 327 South Lake Street has a total of 1,152 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 780 sqft. There are 3 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. The building has a gable or hip style roof that was made of materials that we aren't sure of. 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 a forced air unit is the primary heating source and it is 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, 327 South Lake Street was last sold in Oct 31, 2016 for $184,000. According to our calculations, that's $53.43 per sqft. Prior to that sales transaction, the property was sold for $67,200 in Mar 21, 2011. Current property owners are expected to pay $1,038 in taxes per year. The property on 327 South Lake Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $10,700. To break that down further, the land itself was valued at $3,360. While improvements to the property were assessed at a total of $7,340. 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: 1974
  • Effective Year Built: 1984
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,152
  • Garage Type: Detached
  • Garage Square Area: 780
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 13,924
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 1,180
  • Total Building Area: 3,444
  • Gross Building Area: 3,444
  • Building Area: 3,444
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERMAN PARK THIRD ADD
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD SHERMAN PARK THIRD ADD FM BLOCK 05 LOT 01 AND- LOT 02

Ownership

  • Current Owner : MARTINEZ BEATRIZ
  • Previous Owner : BRASBY PROPERTIES LLC
  • Owner Before Previous Owner: BANK OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fort Morgan School District RE-3
  • Census Tract: 000600

Geography

  • Parcel: R006693
  • Block: 5
  • Lot: 2
  • Municipality: FORT MORGAN CD SP
  • Latitude: 40.2436
  • Longitude: -103.797

    Address

  • Full Address: 327 S Lake St
  • Address - House Number: 327
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: CO
  • City Name: Fort Morgan
  • Carrier Code: C011
  • 4-Digit Zip Code: 2204
  • Zip Code: 80701

Valuation

    Tax

  • Total Area: 2,304
  • Tax Year: 2023
  • Tax Amount: $1,038
  • Tax Rate Code Area: 025

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 348,906
  • High Value: 427,239
  • Low Value: 270,572

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $193,063
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2016
  • First Open Lien Mortgage Loan Amount: $180,667
  • 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: Nov 01, 2046
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Feb 13, 2024
  • Second Open Lien Mortgage Loan Amount: $12,396
  • Second Open Lien Mortgage Term: 272
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2046

    Market Valuation

  • Market Total Value: $153,920
  • Market Land Value: $48,300
  • Market Improvement Value: $105,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,700
  • Assessed Land Value: $3,360
  • Assessed Improvements Value: $7,340

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Transaction ID: 1907002547
  • Current Sale Price: $184,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 902357
  • Previous Sale Recording Date: Mar 30, 2011
  • Previous Sale Contract Date: Mar 21, 2011
  • Previous Sale Amount: $67,200
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 01, 2016
  • First Mortgage Loan Amount: $180,667
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2046

About Fort Morgan



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Frequently Asked Questions

What neighborhood is 327 South Lake Street located in?
The 327 South Lake Street is a located in the neighborhood of Morgan in Fort Morgan, Fort Morgan.
What is the average sales price for listings in 327 South Lake Street?
The average sales price for units in 327 South Lake Street is $0 currently.

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