231 S Foote Ave Unit 5 Lafayette, CO 80026
0.16
Acre
$2,687,500
Price per Acre
7,058
Sq Ft Lot
Highlights
- Park
- Development of the land is complete
- 2-minute walk to Simpson Mine Park
- Angevine Middle School Rated A-
- Level Lot
About This Lot
As of February 2025Bring your dream home with legal ADU to life on this extraordinary lot in the premier new neighborhood of Cannon Trail, nestled within the historic charm of Old Town Lafayette. Here, home means more than just a structure; it embodies thoughtful architecture and embraces artistic public spaces, seamlessly integrated into the lively urban fabric of Lafayette. Updated regulations now permit the construction of both a main residence and a legal ADU on the property opening up endless possibilities: Rent out the ADU to help offset monthly expenses, create a welcoming space for a returning college kid, or offer comfortable quarters for a live-in nanny. The Cannon Trail community has been meticulously shaped, purposefully incorporating outdoor amenities to inspire all residents to relish in the abundant Colorado sunshine. Surrounding Crescent Park, the nine single-family homes create a welcoming enclave adorned with captivating rock sculptures, inviting picnic spots, intriguing art installations, and ample space for recreation. Front porch gatherings with friendly neighbors drift into leisurely strolls through Lafayette's enchanting old town district where you'll discover a treasure trove of diverse retail shops, captivating art galleries, theaters, and superb eateries and breweries. Lafayette's warmth, inclusivity, and fervor for artistic expression position it as one of Boulder County's most coveted communities. One of the state's most celebrated charter schools, Peak to Peak, is a short walk away. The spacious lot at 231 S Foote Avenue offers a canvas for a generously sized residence and the seller, a talented architect, has designed several conceptual home plans for the lot that will be included in the sale. Resources for financing and construction are available through the listing agent. Build the home you have always wanted with this incredible opportunity!
Last Agent to Sell the Property
Compass Colorado, LLC - Boulder Brokerage Phone: 303-641-7484 License #40029440
Co-Listed By
Compass Colorado, LLC - Boulder Brokerage Phone: 303-641-7484 License #100046122
Property Details
Property Type
- Land
Lot Details
- 7,058 Sq Ft Lot
- Level Lot
- Development of the land is complete
HOA Fees
- $40 Monthly HOA Fees
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Property held in a trust
- Assessor Parcel Number R0609880
Community Details
Overview
- Association fees include ground maintenance
- Cannon Trail HOA, Phone Number (720) 787-9800
- Cannon Trail Subdivision
Recreation
- Park
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $430,000 | -4.4% | -- |
| 02/20/2025 02/20/25 | For Sale | $450,000 | -- | -- |
Source: REcolorado®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,348 | $95,850 | $95,850 | -- |
| 2023 | $8,348 | $95,850 | $95,850 | -- |
| 2022 | $5,116 | $54,462 | $54,462 | $0 |
| 2021 | $4,918 | $54,462 | $54,462 | $0 |
| 2020 | $3,075 | $33,640 | $33,640 | $0 |
| 2019 | $2,875 | $31,900 | $31,900 | $0 |
| 2018 | $67 | $734 | $734 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $301,000 | Construction |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $430,000 | Land Title | |
| Special Warranty Deed | $260,000 | Land Title Guarantee |
Source: Public Records
Similar Properties in Lafayette, CO
Source: REcolorado®
MLS Number: 2668259
APN: 1575022-88-005
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