Check Availability

3542 Preakness Way

3542 Preakness Way, Wellington, CO 80549
Property in Larimer
Sold Mar 04, 2021
$390,000
$382,936 by Movement Mortgage
Mortgage Due Apr 01, 2051
Sold Jul 10, 2018
$340,000
Local assessors in Wellington, CO have categorized 3542 Preakness Way as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 9,900 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, 3 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 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3542 Preakness Way has a total of 1,256 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 768 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front 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. 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 - C. The building has a gable style roof that was made of composition shingle. Lots of wood siding 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. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3542 Preakness Way was last sold in Feb 26, 2021 for $390,000. According to our calculations, that's $147.28 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Jul 9, 2018. Current property owners are expected to pay $2,844 in taxes per year. The property on 3542 Preakness Way was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $30,532. To break that down further, the land itself was valued at $8,040. While improvements to the property were assessed at a total of $22,492. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 624
  • Garage Type: Attached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 9,900
  • Total Building Area: 2,648
  • Gross Building Area: 2,648
  • Building Area: 1,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,256
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WELLINGTON POINTE
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18, BLOCK 5, WELLINGTON POINTE, WEL 2000032067

Ownership

  • Current Owner : LUCERO COREY
  • Previous Owner : HPA JV BORROWER 2019 1 ML LLC
  • Owner Before Previous Owner: MCLNYRTE ERIC
  • Owner Before Previous Owner 2: MCLNYRTE KRISTIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 89332
  • Account Number: R1597314
  • Parcel: R1597314
  • Block: 5
  • Lot: 18
  • Meridian: SEC 33 TWN 9N RNG 68W
  • Municipality: WELLINGTON
  • Latitude: 40.708
  • Longitude: -105.012

    Address

  • Full Address: 3542 Preakness Way
  • Address - House Number: 3542
  • Address - Street Name: Preakness
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Wellington
  • Carrier Code: R003
  • 4-Digit Zip Code: 3222
  • Zip Code: 80549

Valuation

    Tax

  • Total Area: 1,880
  • Tax Year: 2023
  • Tax Amount: $2,844
  • Tax Rate Code Area: 1500

    Appraisal Valuation

  • Standard Deviation: 0.1423
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 454,682
  • High Value: 519,398
  • Low Value: 389,965

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $402,204
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $382,936
  • 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: Apr 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 10, 2023
  • Second Open Lien Mortgage Loan Amount: $19,268
  • Second Open Lien Mortgage Term: 336
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $455,700
  • Market Land Value: $120,000
  • Market Improvement Value: $335,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $30,532
  • Assessed Land Value: $8,040
  • Assessed Improvements Value: $22,492

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11822733567
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210022457
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $382,936
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

About Wellington



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3631 Ronald Reagan Ave, Wellington, CO, 80549

$2,300 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,900 ft²
3631 Ronald Reagan Ave #3631 Ronald Reagan Ave, Wellington, CO, 80549 Listing by Manager
Unit for rent at 3713 Hyacinth St, Wellington, CO, 80549

$2,450 /mo

  • 3 Beds
  • 3 Baths
  • 2,955 ft²
3713 Hyacinth St, Wellington, CO, 80549 Listing by Manager
Unit for rent at 4132 Hayes Ave, Wellington, CO, 80549

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,122 ft²
4132 Hayes Ave #4132 Hayes Ave, Wellington, CO, 80549 Listing by Manager

Frequently Asked Questions

What neighborhood is 3542 Preakness Way located in?
The 3542 Preakness Way is a located in the neighborhood of Larimer in Wellington, Wellington.
What is the average sales price for listings in 3542 Preakness Way?
The average sales price for units in 3542 Preakness Way is $0 currently.

Quantcast