$430,000
SOLD FEB 19, 2025

231 S Foote Ave Lafayette, CO 80026

0.16 Acre
$2,687,500 Price per Acre
7,058 Sq Ft Lot

Recently Sold

4% Below List Price

128 Days on Market

Highlights

  • Property is near a park
  • Park
  • Level Lot
  • Angevine Middle School Rated A-
  • Partially Fenced Property
  • 2-minute walk to Simpson Mine Park

About This Lot

As of February 2025

Bring 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

Stephanie Iannone

Compass - Boulder

Compass - Boulder

Co-Listed By

Mindy Nassar

Compass - Boulder

Last Buyer's Agent

Paul Andrews

Property Details

Property Type

  • Land

Lot Details

  • 7,058 Sq Ft Lot
  • Property fronts an alley
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • Alley Access

Location

  • Property is near a park

Schools

  • Sanchez Elementary School
  • Angevine Middle School
  • Centaurus High School

Listing and Financial Details

  • Assessor Parcel Number R0609880

Community Details

Overview

  • Association fees include common amenities, management
  • Cannon Trail Subdivision

Recreation

  • Park

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Development Status: Boundaries Marked, Build to Suit, Covenants, Architectural Approval Required, Homeowners' Association
  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: CBR02
  • Subdivision Name: Cannon Trail
  • Directions: Cannon Trail is Old Town Lafayette's newest community located on S Foote Avenue between East Cleveland St & East Chester St.
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial
  • Lot Features: Sidewalks, Level, Abuts Park
  • Waterfront: No

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Utilities: None
  • Sewer: City Sewer
  • Water Source: City Water, City of Lafayette

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Management
  • Community Features: Park
  • Senior Community: No
  • Association Fee: 37
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Sanchez (Alicia)
  • HighSchool: Centaurus
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Angevine

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7058
  • Parcel #: R0609880
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8343

Multi Family

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $430,000 -4.4% --
10/14/2024 10/14/24 For Sale $450,000 -- --
Source: IRES MLS

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

  • 1642 Benjamin Ln, Lafayette, CO 80026

    $525,000

    • Land
    • 0.15 Acre
    • $3,500,000 per Acre
    • 1642 Benjamin Ln
    • Lafayette, CO

    Protected, unobstructed views of the front range and Continental divide! A unique, one-of-a-kind opportunity to build in Lafayette's newest luxury community, Hearteye Acres, on the western most edge of Silo. Hearteye Acres is a small community consisting of 10 of the most desirable lots in Silo. Serenity awaits - this is one of the most private lots in the community, situated right on the edge

    Patrick Brown Compass - Boulder

    Section Image
  • 805 Sanitas Ln, Lafayette, CO 80026

    $450,000

    • Land
    • 0.17 Acre
    • $2,647,059 per Acre
    • 805 Sanitas Ln
    • Lafayette, CO

    Custom Home Experience Opportunity! Design & build your one of a kind net zero energy home with exclusive custom home builder, Cornerstone Homes. Buyers interested in Silo Community will require a land purchase to coincide with a cost-plus 20% construction contract with Cornerstone Homes. The cost of the premium lots range between $375,000 - $450,000 and we would just require an earnest money

    Suzanne Curtin Equity Colorado-Front Range

    Section Image

Source: IRES MLS

MLS Number: 1020622

IRES MLS

APN: 1575022-88-005