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42370 Forest Oaks Drive

42370 Forest Oaks Drive, Elizabeth, CO 80107
Property in Elbert
Sold Mar 23, 2020
$488,000
$414,800 by Paramount Residential Mortgage
Mortgage Due Apr 01, 2050
Sold Nov 02, 2015
$450,000
$458,019 by Dhi Mortgage Company Ltd
Mortgage Due Nov 01, 2045
42370 Forest Oaks Drive has been categorized by the local assessors in Elizabeth, CO as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 42370 Forest Oaks Drive has 4,414 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 2,229 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 14,113 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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 attached garage for those who require parking. 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 wood 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 gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 16, 2020 for $488,000. That's $107.63 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 2015 for $450,000. 42370 Forest Oaks Drive was last assessed in 2023. The total value of the property was assessed at $45,800. Specifically, the land the property is located on was valued at $6,200. While improvements on the property were assessed at a total of $39,600. 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 $6,808. 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: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 2,229
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,113
  • Total Building Area: 4,534
  • Gross Building Area: 4,534
  • Building Area: 4,414
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,414
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING VALLEY
  • Land Acres: 0.324
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECTION: 33 TOWNSHIP: 6 RANGE: 64SUBDIVISION: SPRING VALLEY RANCH F2 LOT: 78

Ownership

  • Current Owner : BURKE CONNOR
  • Current Owner 2: BURKE BRIANNE
  • Previous Owner : REED STEPHEN CLIFFORD
  • Previous Owner 2: REED WENDIE
  • Owner Before Previous Owner: MELODY HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elizabeth School District C-1
  • Census Tract: 961204

Zoning

  • Zoning: PUD

Geography

  • Account Number: R119077
  • Parcel: R119077
  • Lot: 78
  • Meridian: SEC 33 TWN 6S RNG 64E
  • Municipality: ELIZABETH
  • Latitude: 39.4833
  • Longitude: -104.562

    Address

  • Full Address: 42370 Forest Oaks Dr
  • Address - House Number: 42370
  • Address - Street Name: Forest Oaks
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Elizabeth
  • Carrier Code: H045
  • 4-Digit Zip Code: 9105
  • Zip Code: 80107

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,808
  • Tax Rate Code Area: 82

    Appraisal Valuation

  • Standard Deviation: 0.171
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 670,502
  • High Value: 785,179
  • Low Value: 555,825

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $414,800
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 23, 2020
  • First Open Lien Mortgage Loan Amount: $414,800
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $683,600
  • Market Land Value: $92,553
  • Market Improvement Value: $591,047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,800
  • Assessed Land Value: $6,200
  • Assessed Improvements Value: $39,600

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Transaction ID: 11754453577
  • Current Sale Price: $488,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 593684
  • Previous Sale Recording Date: Nov 02, 2015
  • Previous Sale Contract Date: Oct 29, 2015
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 23, 2020
  • First Mortgage Loan Amount: $414,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Nov 02, 2015
  • Previous Mortgage Loan Amount: $458,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Elbert



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Frequently Asked Questions

What neighborhood is 42370 Forest Oaks Drive located in?
The 42370 Forest Oaks Drive is a located in the neighborhood of Elbert in Elbert, Elizabeth.
What is the average sales price for listings in 42370 Forest Oaks Drive?
The average sales price for units in 42370 Forest Oaks Drive is $0 currently.

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