Check Availability

502 Vermont Lane

502 Vermont Lane, Fruita, CO 81521
Property in Maple Grove
Sold Apr 21, 2005
$145,000
$123,750 by Alpine Bank
Mortgage Due Dec 01, 2042
Sold Jan 13, 1999
$110,000
$99,000 by Mark F Nichols
Mortgage Due Jan 01, 2009
Local assessors in Fruita, CO have categorized 502 Vermont Lane as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 5,673 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 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 502 Vermont Lane has a total of 1,282 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 garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 or hip 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. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 502 Vermont Lane sold most recently in Apr 19, 2005 for a total of $145,000. If you work out the math, that's approximately a cost of $79.23 per sqft. Before that, the property was also sold for $110,000 in Jan 12, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,272 in taxes each year. 502 Vermont Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,340. If we break it down further, the land itself was valued at $3,480. Improvements to the property, however, were assessed at a total of $11,860. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,673
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 1,282
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAPLE GROVE SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 25 MAPLE GROVE SEC 8 1N 2W & AN UND INT IN LOTS A & B & CANAL ROW SD MAPLE GROVE SUB

Ownership

  • Current Owner : SCHAEFER WILLIAM JOHN
  • Current Owner 2: SCHAEFER MARY J
  • Previous Owner : 502 VERMONT LLC
  • Owner Before Previous Owner: NICHOLS MARK F
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Mesa County Valley School District 51
  • Census Tract: 001503

Geography

  • Account Number: R008747
  • Parcel: R008747
  • Block: 7
  • Lot: 25
  • Meridian: SEC 08 TWN 01N RNG 002W
  • Latitude: 39.1653
  • Longitude: -108.729

    Address

  • Full Address: 502 Vermont Ln
  • Address - House Number: 502
  • Address - Street Name: Vermont
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Fruita
  • Carrier Code: R823
  • 4-Digit Zip Code: 2370
  • Zip Code: 81521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,272
  • Tax Rate Code Area: 11600

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 350,253
  • High Value: 411,145
  • Low Value: 289,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,750
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: Dec 14, 2012
  • First Open Lien Mortgage Loan Amount: $123,750
  • 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: Dec 01, 2042

    Market Valuation

  • Market Total Value: $220,600
  • Market Land Value: $50,000
  • Market Improvement Value: $170,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,340
  • Assessed Land Value: $3,480
  • Assessed Improvements Value: $11,860

    Sales

  • Current Sale Contract Date: Apr 19, 2005
  • Current Sale Recording Date: Apr 21, 2005
  • Current Sale Transaction ID: 1109419912
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2249706
  • Previous Sale Recording Date: Jan 13, 1999
  • Previous Sale Contract Date: Jan 12, 1999
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HORIZON HOME LOAN CORP
  • First Mortgage Transaction Date: Apr 21, 2005
  • First Mortgage Loan Amount: $108,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: May 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: MARK F NICHOLS
  • Previous Mortgage Transaction Date: Jan 13, 1999
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $99,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Due Date: Jan 01, 2009

About Maple Grove



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 455 David Ct., Fruita, CO, 81521

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,205 ft²
455 David Ct. #455 David Ct., Fruita, CO, 81521 Listing by Manager

Frequently Asked Questions

What neighborhood is 502 Vermont Lane located in?
The 502 Vermont Lane is a located in the neighborhood of Maple Grove in Maple Grove, Fruita.
What is the average sales price for listings in 502 Vermont Lane?
The average sales price for units in 502 Vermont Lane is $0 currently.

Quantcast