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587 Cedar Drive

587 Cedar Drive, Leadville, CO 80461
Property in Lake
Sold Jun 29, 2018
$220,000
$305,000 by Provident Funding Associates L
Mortgage Due May 01, 2052
Sold Sep 04, 2012
$119,000
$121,428 by Cherry Creek Mortgage Co Inc
Mortgage Due Sep 01, 2042
Local assessors in Leadville, CO have categorized 587 Cedar Drive as a residential type of property. The home was built in 1972 and is 52 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 40,075 square feet. 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 is one full bathroom. 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 587 Cedar Drive has a total of 757 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a unknown that is 720 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 carport for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 roof that is made of materials that we aren't sure of. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 26, 2018 for $220,000. That's $290.62 per sqft. Prior to that sales transaction, the property was also sold in Aug 28, 2012 for $119,000. 587 Cedar Drive was last assessed in 2022. The total value of the property was assessed at $19,607. Specifically, the land the property is located on was valued at $1,918. While improvements on the property were assessed at a total of $17,689. 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 $2,531. 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! 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: 1972
  • Effective Year Built: 1995
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Area: 720
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 757
  • Building Area: 757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 757
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MT ELBERT PLAMOR RANCH 1-A
  • Land Acres: 0.92
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 241 & 242, PLAMOR 1-A

Ownership

  • Current Owner : JARDEE JARRETT K
  • Previous Owner : HILL GREGORY F
  • Owner Before Previous Owner: SECRETARY OF VETERANS AFFAIRS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lake County School District R-1
  • Census Tract: 961900

Geography

  • Account Number: R002100
  • Parcel: 290109003072
  • Lot: 241-242
  • Municipality: LAKE COUNTY
  • Latitude: 39.1119
  • Longitude: -106.342

    Address

  • Full Address: 587 Cedar Dr
  • Address - House Number: 587
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Leadville
  • Carrier Code: H068
  • 4-Digit Zip Code: 9245
  • Zip Code: 80461

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,531
  • Tax Rate Code Area: 189

    Appraisal Valuation

  • Standard Deviation: 0.2242
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 532,109
  • High Value: 651,438
  • Low Value: 412,780

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $305,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $282,125
  • Market Land Value: $27,600
  • Market Improvement Value: $254,525

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,607
  • Assessed Land Value: $1,918
  • Assessed Improvements Value: $17,689

    Sales

  • Current Sale Contract Date: Jun 26, 2018
  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Transaction ID: 11479962123
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 373239
  • Previous Sale Recording Date: Sep 04, 2012
  • Previous Sale Contract Date: Aug 28, 2012
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE COINC
  • First Mortgage Transaction Date: Jun 29, 2018
  • First Mortgage Loan Amount: $213,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • Previous Mortgage Transaction Date: Sep 04, 2012
  • Previous Mortgage Loan Amount: $121,428
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2042

About Twin Lakes



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Frequently Asked Questions

What neighborhood is 587 Cedar Drive located in?
The 587 Cedar Drive is a located in the neighborhood of Lake in Twin Lakes, Leadville.
What is the average sales price for listings in 587 Cedar Drive?
The average sales price for units in 587 Cedar Drive is $0 currently.

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