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550 Abbey Drive

550 Abbey Drive, Longmont, CO 80504
Property in Boulder
Sold Apr 13, 2021
$523,000
$418,400 by Elevations Cu
Mortgage Due May 01, 2061
Sold Sep 25, 2006
$240,000
$192,000 by Clarion Mortgage Capital Inc
Mortgage Due Oct 01, 2021
550 Abbey Drive in Longmont, CO was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 550 Abbey Drive has 2,666 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. In total, the area measurement of the land is 6,226 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of asphalt. For those who need parking, there is a attached garage. The garage is 515 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood shingle. 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, 550 Abbey Drive sold most recently in Apr 8, 2021 for a total of $523,000. If you work out the math, that's approximately a cost of $146.38 per sqft. Before that, the property was also sold for $240,000 in Sep 7, 2006. 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 $2,788 in taxes each year. 550 Abbey Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $43,797. If we break it down further, the land itself was valued at $7,841. Improvements to the property, however, were assessed at a total of $35,956. 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: 1999
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 392
  • Garage Type: Attached
  • Garage Square Area: 515
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,226
  • Total Building Area: 3,573
  • Gross Building Area: 3,573
  • Building Area: 2,666
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,666
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING VALLEY PHASE I FLG 1 - LG
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 22 BLK 7 SPRING VALLEY PHASE 1 FLG 1

Ownership

  • Current Owner : BURCK KELSEY
  • Current Owner 2: CSAPO EDWARD
  • Previous Owner : ZHOU VIN
  • Previous Owner 2: LU LIN
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 013506

Geography

  • Assessors Map Reference: B6-L
  • Account Number: R0122050
  • Subdivision Phase Number: 1
  • Parcel: R0122050
  • Block: 7
  • Lot: 22
  • Meridian: SEC 26 TWN 3N RNG 69
  • Municipality: LONGMONT
  • Latitude: 40.1905
  • Longitude: -105.081

    Address

  • Full Address: 550 Abbey Dr
  • Address - House Number: 550
  • Address - Street Name: Abbey
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Longmont
  • Carrier Code: R035
  • 4-Digit Zip Code: 2524
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,788
  • Tax Rate Code Area: 00-680

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 78
  • Final Value: 643,450
  • High Value: 751,791
  • Low Value: 535,109

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $418,400
  • First Open Lien Mortgage Lender: ELEVATIONS CU
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $418,400
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2061

    Market Valuation

  • Market Total Value: $647,400
  • Market Land Value: $115,900
  • Market Improvement Value: $531,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,797
  • Assessed Land Value: $7,841
  • Assessed Improvements Value: $35,956

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11831499829
  • Current Sale Price: $523,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3876456
  • Previous Sale Recording Date: Sep 25, 2006
  • Previous Sale Contract Date: Sep 07, 2006
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELEVATIONS CU
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $418,400
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2061

    Previous Mortgages

  • Previous Mortgage Lender: CLARION MORTGAGE CAPITAL INC
  • Previous Mortgage Transaction Date: Sep 25, 2006
  • Previous Mortgage Loan Amount: $192,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2021

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Frequently Asked Questions

What neighborhood is 550 Abbey Drive located in?
The 550 Abbey Drive is a located in the neighborhood of Boulder in Longmont, Longmont.
What is the average sales price for listings in 550 Abbey Drive?
The average sales price for units in 550 Abbey Drive is $0 currently.

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