$457,281 EMV

3 Beds   2 Baths   994 Sq. Ft.   Single-Family
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Kalmia Way
Broomfield, CO 80020

Overview

This Single-Family is located at Kalmia Way, Broomfield, CO 80020. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 3 Beds, 2 Baths , 994 sqft of living space.
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Status: Inactive
Listing ID: 60136938
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Learn about Kalmia Way in Broomfield, CO

This single-family property is available as a preforeclosure at Kalmia Way. It has 3 bedrooms, 2 bathrooms, and 994 square feet of living space. Based on our analysis of the current market conditions in Broomfield for Kalmia Way and comparable listings, the estimated market value is $457,281. If purchased for rental purposes, the monthly rental rate could range between $1,141 and $1,700. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Kalmia Way are updated daily along with others in Broomfield, Colorado.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 5% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependant on credit scores, loan timeline, and a down payment amount.

Rental Chart
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for Kalmia Way in Broomfield Colorado
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Property Information

  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 994
  • Lot Size: 0.00 acres
  • Year Built: 1959
  • Source ID: 3553458
  • Day(s) On Site: 153
  • Parcel Number: 157535209015
  • Subdivision: BROOMFIELD HEIGHTS 02 & REP
  • Property Type: Single Family Dwelling
  • Plaintiff: Elevations Credit Union
  • Defendant Name: CAMERON THOMPSON
  • Case Number: 2023-004
  • Recording Date: 04-18-2023
  • Trustee Address: 216 16 Th St
  • Trustee Name: RANDALL S. MILLER & ASSOCIATES PC
  • Trustee City: Denver
  • Trustee State: CO
  • Trustee Zip: 80202
  • Trustee Phone: (720) 259-6710
  • Trustee Reference Number: 23CO00118-1
  • Deed Category: NTS
  • Mortgage Balance: $180,186
  • Document Number: 2023002879

Public Records

  • Bedrooms: 3
  • Baths: 2
  • Full Baths: 2
  • Basement Sqft: 994
  • Parking: ATTACHED GARAGE
  • Parking Sqft: 231
  • Roof Material: ASPHALT
  • Land Area Sqft: 7,468
  • Year Built: 1959
  • APN: R1017810
  • Property Type: Single Family Residence
  • Township: BOULDER
  • Living Sqft: 1,391
  • Garage: ATTACHED
  • Style: RANCH
  •  
  • Subdivision: BROOMFIELD HEIGHTS 02 & REP

Preforeclosure

The property located at Kalmia Way in Broomfield, CO is listed as a Preforeclosure

This listing located at Kalmia Way in Broomfield, CO could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Broomfield, Colorado is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Broomfield, CO, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Broomfield, Colorado doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 09-20-2023
  • Auction Time: 10:00 AM
  • Auction Address: 1 Descombs Dr
  • Auction City: Broomfield

Loan Information

  • 1st Mortgage Date: 04-04-2016
  • Mortgage Balance: $180,186

Legal Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Kalmia Way located in Broomfield, CO is $1,420/month. Comparable homes around Kalmia Way that are rentals have monthly ranges starting as low as $1,141 per month and as high as $1,700 per month. An owner looking to use this property as an investment could bring a return in the area of $1,141 - $1,700 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/16/23 09/16/23 Preforeclosure
04/18/23 09/20/23 Preforeclosure ELEVATIONS CREDIT UNION

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Kalmia Way
Broomfield, CO 80020

3 Beds   2 Baths   994 sq. ft.   Single-Family

$457,281 EMV

Status: Inactive Listing ID: 60136938

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Kalmia-Way-Broomfield-CO-80020/60136938_lid

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