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6240 Waterman Way

6240 Waterman Way, Erie, CO 80516
Property in Weld
Sold Jan 24, 2020
$453,000
$444,000 by Fortune Financial Inc
Mortgage Due Jul 01, 2036
6240 Waterman Way has been categorized by the local assessors in Erie, CO as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 6240 Waterman Way has 3,145 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 935 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 5,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bi-level 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. The garage measured 522 sqft. Residents will have the luxury of enjoying a unknown. 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 frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of a combination of material. 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. 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, 6240 Waterman Way sold most recently in Jan 22, 2020 for a total of $453,000. If you work out the math, that's approximately a cost of $119.59 per sqft. 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 $6,515 in taxes each year. 6240 Waterman Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,310. If we break it down further, the land itself was valued at $7,710. Improvements to the property, however, were assessed at a total of $35,600. 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. 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.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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 15
  • Construction Type: Frame
  • Building Style: Bi-level
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 935
  • Garage Type: Attached
  • Garage Square Area: 522
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 3,788
  • Gross Building Area: 3,788
  • Building Area: 3,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,145
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WYNDHAM HILL FG #2 RPLT C
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 BLOCK 12C WYNDHAM HILL FG #2 RPLT C

Ownership

  • Current Owner : DHILLON SUKHBIR SINGH
  • Current Owner 2: SINGH DILAWAR
  • Previous Owner : RICHMOND AMERICAN HOMES OF COLORADO INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002011

Geography

  • Account Number: R8947991
  • Parcel: R8947991
  • Block: 12C
  • Lot: 23
  • Latitude: 40.0918
  • Longitude: -105.005

    Address

  • Full Address: 6240 Waterman Way
  • Address - House Number: 6240
  • Address - Street Name: Waterman
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Frederick
  • Carrier Code: R016
  • 4-Digit Zip Code: 9777
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,515
  • Tax Rate Code Area: 4118

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 631,971
  • High Value: 731,118
  • Low Value: 532,825

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $605,000
  • First Open Lien Mortgage Lender: FORTUNE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $444,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036
  • Second Open Lien Mortgage Lender: CANVAS CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 11, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $161,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 15, 2042

    Market Valuation

  • Market Total Value: $646,316
  • Market Land Value: $115,000
  • Market Improvement Value: $531,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,310
  • Assessed Land Value: $7,710
  • Assessed Improvements Value: $35,600

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11719730567
  • Current Sale Price: $453,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 4560785

    Last Sale Mortgage

  • First Mortgage Lender: HOME AMERICAN MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $430,344
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Frederick



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Frequently Asked Questions

What neighborhood is 6240 Waterman Way located in?
The 6240 Waterman Way is a located in the neighborhood of Weld in Frederick, Erie.
What is the average sales price for listings in 6240 Waterman Way?
The average sales price for units in 6240 Waterman Way is $0 currently.

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