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8701 North 55th Street

8701 North 55th Street, Longmont, CO 80503
Property in Boulder
Sold Nov 05, 2007
$1,284,150
$500,000 by Elevations Credit Union
Mortgage
Sold Jun 20, 2003
$217,500
8701 North 55th Street in Longmont, CO was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 4 partial bathrooms. 8701 North 55th Street has 3,743 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,423 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 837,828 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 540 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 8701 North 55th Street sold most recently in Nov 2, 2007 for a total of $1,284,150. If you work out the math, that's approximately a cost of $293.52 per sqft. Before that, the property was also sold for $217,500 in Jun 19, 2003. 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 $17,415 in taxes each year. 8701 North 55th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $291,158. If we break it down further, the land itself was valued at $99,276. Improvements to the property, however, were assessed at a total of $191,882. 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. 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!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: 2003
  • Effective Year Built: 2003
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,423
  • Garage Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 837,828
  • Total Building Area: 4,375
  • Gross Building Area: 4,375
  • Building Area: 3,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,743
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOOTHILLS EAST
  • Land Acres: 19.234
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SE 1/4 SE 1/4 LESS 20.31 AC & LESS MIN TO STATE 16-2N-70

Ownership

  • Current Owner : BRITTON JOHN
  • Previous Owner : LANNAN ANNE M
  • Owner Before Previous Owner: LANNAN ANNE M
  • Owner Before Previous Owner 2: TEKER MARK R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013202

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: B3-C
  • Account Number: R0051321
  • Parcel: R0051321
  • Meridian: SEC 16 TWN 2N RNG 70
  • Municipality: LONGMONT
  • Latitude: 40.1327
  • Longitude: -105.227

    Address

  • Full Address: 8701 N 55th St
  • Address - House Number: 8701
  • Street Direction: N
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Longmont
  • Carrier Code: R014
  • 4-Digit Zip Code: 9008
  • Zip Code: 80503

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,415
  • Tax Rate Code Area: 00-795

    Appraisal Valuation

  • Standard Deviation: 0.1453
  • Valuation Date: May 17, 2023
  • Confidence Score: 82
  • Final Value: 3,888,543
  • High Value: 4,453,786
  • Low Value: 3,323,300

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $732,000
  • First Open Lien Mortgage Lender: ELEVATIONS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Nov 26, 2008
  • Second Open Lien Mortgage Loan Amount: $232,000
  • Second Open Lien Mortgage Term: 480
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Dec 20, 2048

    Market Valuation

  • Market Total Value: $4,303,900
  • Market Land Value: $1,467,500
  • Market Improvement Value: $2,836,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,158
  • Assessed Land Value: $99,276
  • Assessed Improvements Value: $191,882

    Sales

  • Current Sale Contract Date: Nov 02, 2007
  • Current Sale Recording Date: Nov 05, 2007
  • Current Sale Transaction ID: 1099969112
  • Current Sale Price: $1,284,150
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2893398
  • Previous Sale Recording Date: Jun 20, 2003
  • Previous Sale Contract Date: Jun 19, 2003
  • Previous Sale Amount: $217,500
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Nov 05, 2007
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2037

About Boulder



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Frequently Asked Questions

What neighborhood is 8701 North 55th Street located in?
The 8701 North 55th Street is a located in the neighborhood of Boulder in Boulder, Longmont.
What is the average sales price for listings in 8701 North 55th Street?
The average sales price for units in 8701 North 55th Street is $0 currently.

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