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68764 Racine Road

68764 Racine Road, Montrose, CO 81401
Property in Montrose
Sold Dec 04, 2020
$400,000
$360,000 by Bay Equity Llc
Mortgage Due Jan 01, 2051
Sold Jan 15, 1985
Transfer
68764 Racine Road has been categorized by the local assessors in Montrose, CO as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 68764 Racine Road has 2,154 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 114,998 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular 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. 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 manufactured control joints. The building has a gable or hip style roof made of composition shingle. The inside of the home is being cooled with geo-thermal system at the moment. In terms of heating, it is utilizing a geo-thermal heating system and being fueled with geo-thermal energy. 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, 68764 Racine Road was last sold in Dec 4, 2020 for $400,000. According to our calculations, that's $185.70 per sqft. Current property owners are expected to pay $2,031 in taxes per year. The property on 68764 Racine Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $34,780. To break that down further, the land itself was valued at $5,670. While improvements to the property were assessed at a total of $29,110. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Manufactured
  • Building Style: Prefab, Modular
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 114,998
  • Total Building Area: 2,154
  • Building Area: 2,154
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Geo-thermal system
  • Heating: Geo-thermal
  • Heated Square Feet: 2,154
  • Heating Fuel Type: Geo-thermal energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.64
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: S: 13 T: 48 R: 9 A TRACT OF LAND IN THE NE4NE4 SEC 13 DESC AS BEG AT THE NORTHWEST COR OF SAID NE4NE4 TH SOUTH 230FT TH EAST

Ownership

  • Current Owner : ALVARADO NOEL MEJIA
  • Current Owner 2: JENKINS REBECCA L
  • Previous Owner : LEHIGH LANCE E
  • Previous Owner 2: LEHIGH TERESA L
  • Owner Before Previous Owner: CORAM VIRGIL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montrose County School District RE-1J
  • Census Tract: 966501

Geography

  • Account Number: R0021323
  • Parcel: 3993-131-00-019
  • Meridian: SEC 13 TWN 48 RNG 09
  • Latitude: 38.4213
  • Longitude: -107.803

    Address

  • Full Address: 68764 Racine Rd
  • Address - House Number: 68764
  • Address - Street Name: Racine
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Montrose
  • Carrier Code: R006
  • 4-Digit Zip Code: 7733
  • Zip Code: 81401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,031
  • Tax Rate Code Area: 1090

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 556,908
  • High Value: 653,381
  • Low Value: 460,435

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 04, 2020
  • First Open Lien Mortgage Loan Amount: $360,000
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $500,440
  • Market Land Value: $81,600
  • Market Improvement Value: $418,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,780
  • Assessed Land Value: $5,670
  • Assessed Improvements Value: $29,110

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Transaction ID: 11804599028
  • Current Sale Price: $400,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 929049
  • Previous Sale Recording Date: Jan 15, 1985
  • Previous Sale Contract Date: Jan 15, 1985
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Dec 04, 2020
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Montrose



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Frequently Asked Questions

What neighborhood is 68764 Racine Road located in?
The 68764 Racine Road is a located in the neighborhood of Montrose in Montrose, Montrose.
What is the average sales price for listings in 68764 Racine Road?
The average sales price for units in 68764 Racine Road is $0 currently.

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