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885 Limestone Drive

885 Limestone Drive, Erie, CO 80516
Property in Boulder
Sold Sep 21, 2021
$1,300,000
$1,040,000 by Jpmorgan Chase Bank Na
Mortgage Due Oct 01, 2051
Sold Nov 25, 2020
$892,955
$714,364 by Leader One Financial Corp
Mortgage Due Dec 01, 2050
Local assessors in Erie, CO have categorized 885 Limestone Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 10,172 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 885 Limestone Drive has a total of 6,115 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 partial basement that is 2,375 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 attached garage for those who need a place to park their vehicle. The garage on the property is 729 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. The building has a roof that is made of asphalt. Lots of a material which is produced from two or more constituent materials 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. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 885 Limestone Drive sold most recently in Sep 15, 2021 for a total of $1,300,000. If you work out the math, that's approximately a cost of $179.43 per sqft. Before that, the property was also sold for $892,955 in Nov 24, 2020. 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 $10,430 in taxes each year. The initial year of tax delinquency occurred in 2021. 885 Limestone Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,500. If we break it down further, the land itself was valued at $18,698. Improvements to the property, however, were assessed at a total of $81,802. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 2
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Composition
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 2,375
  • Garage Type: Attached
  • Garage Square Area: 729
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,172
  • Total Building Area: 7,245
  • Gross Building Area: 7,245
  • Building Area: 6,115
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,115
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLATIRON MEADOWS FILING 11
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 8 BLOCK 3 FLATIRON MEADOWS FILING 11

Ownership

  • Current Owner : IKENYEI OGOCHUKWU
  • Current Owner 2: IKENYEI JOANN
  • Previous Owner : BRODIE TIFFANY D
  • Previous Owner 2: BRODIE MARK
  • Owner Before Previous Owner: TOLL CO LP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 012801

Geography

  • Account Number: R0610451
  • Parcel: R0610451
  • Block: 3
  • Lot: 8
  • Meridian: SEC 23 TWN 1N RNG 69
  • Municipality: ERIE
  • Latitude: 40.0312
  • Longitude: -105.092

    Address

  • Full Address: 885 Limestone Dr
  • Address - House Number: 885
  • Address - Street Name: Limestone
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Erie
  • Carrier Code: R017
  • 4-Digit Zip Code: 6018
  • Zip Code: 80516

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,430
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-404

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: May 17, 2023
  • Confidence Score: 78
  • Final Value: 1,544,278
  • High Value: 1,801,180
  • Low Value: 1,287,376

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $1,040,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $1,485,600
  • Market Land Value: $276,400
  • Market Improvement Value: $1,209,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,500
  • Assessed Land Value: $18,698
  • Assessed Improvements Value: $81,802

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11858696055
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3915449
  • Previous Sale Recording Date: Nov 25, 2020
  • Previous Sale Contract Date: Nov 24, 2020
  • Previous Sale Amount: $892,955
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LEADER ONE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Nov 25, 2020
  • Previous Mortgage Loan Amount: $714,364
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 01, 2050

About Erie



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Frequently Asked Questions

What neighborhood is 885 Limestone Drive located in?
The 885 Limestone Drive is a located in the neighborhood of Boulder in Erie, Erie.
What is the average sales price for listings in 885 Limestone Drive?
The average sales price for units in 885 Limestone Drive is $0 currently.

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