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8501 Cedar Lane

8501 Cedar Lane, Westminster, CO 80031
Sold May 28, 2013
$175,000
$140,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2043
Sold Apr 11, 2003
$165,000
$162,450 by First Funding Financial Servic
Mortgage Due Apr 01, 2033
8501 Cedar Lane has been categorized by the local assessors in Westminster, CO as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8501 Cedar Lane has 1,742 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 399 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable or hip style roof 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 forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8501 Cedar Lane sold most recently in May 24, 2013 for a total of $175,000. If you work out the math, that's approximately a cost of $81.74 per sqft. Before that, the property was also sold for $165,000 in Mar 7, 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 $2,604 in taxes each year. 8501 Cedar Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,540. If we break it down further, the land itself was valued at $6,090. Improvements to the property, however, were assessed at a total of $26,450. 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: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,141
  • Gross Building Area: 2,141
  • Building Area: 1,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHAW HEIGHTS
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Apartments (generic)
  • Legal Description 1: SUB:SHAW HEIGHTS BLKS 5, 6, 7, 8, 9, 10, 11, AND A PORT OF 20 DESC: BLK 9 LOT:1

Ownership

  • Current Owner : STEPHENS KEVIN D
  • Current Owner 2: STEPHENS KATHERINE B
  • Previous Owner : MCMAHON MICHAEL A
  • Previous Owner 2: MCMAHON LYDIA A
  • Owner Before Previous Owner: BRAVO ROSE E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Westminster School District 50
  • School Tax School District: WESTMINSTER PUB
  • Census Tract: 009401

Geography

  • Assessors Map Reference: 223-F
  • Account Number: R0062243
  • Parcel: R0062243
  • Block: 9
  • Lot: 1
  • Meridian: SEC 30 QTR 1 TWN 02S RNG 68W
  • Latitude: 39.8511
  • Longitude: -105.038

    Address

  • Full Address: 8501 Cedar Ln
  • Address - House Number: 8501
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: CO
  • City Name: Westminster
  • Carrier Code: C012
  • 4-Digit Zip Code: 3707
  • Zip Code: 80031

Valuation

    Tax

  • Total Area: 1,742
  • Tax Year: 2022
  • Tax Amount: $2,604
  • Tax Rate Code Area: 55-555

    Appraisal Valuation

  • Standard Deviation: 0.1328
  • Valuation Date: May 17, 2023
  • Confidence Score: 84
  • Final Value: 489,485
  • High Value: 554,501
  • Low Value: 424,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 28, 2013
  • First Open Lien Mortgage Loan Amount: $140,000
  • 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: Jun 01, 2043

    Market Valuation

  • Market Total Value: $481,000
  • Market Land Value: $90,000
  • Market Improvement Value: $391,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,540
  • Assessed Land Value: $6,090
  • Assessed Improvements Value: $26,450

    Sales

  • Current Sale Contract Date: May 24, 2013
  • Current Sale Recording Date: May 28, 2013
  • Current Sale Transaction ID: 1026158250
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013000044746
  • Previous Sale Recording Date: Apr 11, 2003
  • Previous Sale Contract Date: Mar 07, 2003
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 28, 2013
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FUNDING FINANCIAL SERVIC
  • Previous Mortgage Transaction Date: Apr 11, 2003
  • Previous Mortgage Loan Amount: $162,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2033

About South Central Westminster



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Frequently Asked Questions

What neighborhood is 8501 Cedar Lane located in?
The 8501 Cedar Lane is a located in the neighborhood of South Central Westminster in South Central Westminster, Westminster.
What is the average sales price for listings in 8501 Cedar Lane?
The average sales price for units in 8501 Cedar Lane is $0 currently.

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