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Status: Active

702 Drake Ave 
Erie, CO 80516

$925,000

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Imagine living is this amazing two-story home in the sought-after Compass neighborhood. It's situated on a prime corner lot, backing to open space-and right across the street is a large field destined to become a future park. The home features a main floor bedroom and an upper level bedroom with an ensuite bathroom! The backyard is landscaped with drought-resistant dog-tough turf, so it never needs watering and stands up to active pets. Inside, you'll find a tandem 3-car garage, giving you space for extra storage or multiple vehicles. There's also a full, unfinished basement, ready for your own custom touches or extra room down the road. On the practical side, this home is built for longevity and ease. It features a new Class 4 roof with a 50-year warranty, and a highly efficient solar panel system to help lower utility costs and simplify upkeep. In short - durable, smartly designed, and ready for you.
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Bedrooms
5
Baths
4
House Size
3,139 sqft
Year Built
2018
Lot Size
0.16 ac
School District
Boulder Valley RE 2

Location

Market Insights

In the last 30 days, homes for sale in 80516, Erie, CO were on the market for a median of 40 days and 13.56% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Microwave
Oven
Refrigerator
basement
Full
Unfinished
cooling
Ceiling Fan(s)
Central Air
features
Eat-in Kitchen
Kitchen Island
Pantry
Walk-in Closet(s)
fireplace
Gas
flooring
Tile
heating
Forced Air
laundry features
In Unit
view
Mountain(s)
window features
Double Pane Windows
Window Coverings

Exterior Information

fence
Partial
patio and porch
Deck
road surface
Paved
roof
Composition

Property Information

architectural style
Contemporary
construction
Frame
hoa fees
$70.00
Monthly
hoa includes
Trash
lot
Corner Lot
Level
Sprinklers In Front
parking
Attached
security features
Smoke Detector(s)
sewer
Public Sewer
subdivision name
Compass Flg 3 Amd 1
utilities
Electricity Available
Natural Gas Available
water source
Public
  • Listed By Randy Trahan
  • (303) 773-3399
  • Kentwood Real Estate Boulder Valley
  • (303) 773-3399
  • MLS IR1045741

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$8,501 (+1%)$214,500$627,000$841,500 (0%)
2023$8,421 (+25.5%)$214,500$627,000$841,500 (+41%)
2022$6,712 (0%)$130,700$466,000$596,700 (0%)
2021$6,712 (-0.7%)$130,700$466,000$596,700 (+7%)
2020$6,761$84,000$473,600$557,600

Tax data provied by Attom

Monthly Payments Calculator

Estimated Monthly Cost

$5,952

30 year fixed·6.9% interest rate
Principal & Interest
$4,874
Property Taxes
$708
Home Insurance
$300
HOA Fees
$70
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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