Townhouse for Sale – 12844 King St BROOMFIELD
Here is what you probably don’t know about Broomfield… The city was originally part of Boulder County, but as it grew through annexations, it spread into Jefferson, Adams and Weld Counties. It’s quite complicated and most inefficient when a city has 4 different court districts, 4 county seats and 4 separate county tax bases! Therefore, in 2001 (after a 3 year transition period) the County of Broomfield was born… The smallest and newest county in Colorado.
Broomfield, once upon a time more of a bedroom community, is now a thriving city of over 60,000 people. Positioned advantageously between Boulder and Denver, the residents of Broomfield enjoy that small community feel, as well as shorter commutes and lower rent or real estate purchase costs. Like other towns a tad further east of the Foothills, many homes in Broomfield sport great mountain views… 12844 King St is one of the lucky ones!
12844 King St Broomfield is a 3 story townhouse located near the intersection of Midway and Lowell Blvd. It is tucked into a quiet complex known as the Westlake Townhomes. You’ll love this complex for many reasons, but from a practical standpoint, the low ($173/month) HOA fee and low maintenance (built 2009) aspect, make it easy to own and to LOCK AND LEAVE!
12844 King St is one of a handful in the complex that FACES WEST. From the living room on the second floor to the master bedroom on the upper level, the UNOBSTRUCTED MOUNTAIN VIEWS are just lovely. Who wouldn’t want to wake up to the sun casting a pink hue over the white peaks of the Rocky Mountains?
Residents of the Westlake Townhomes enjoy nearby OPEN SPACE AND TRAILS. Amenities such as the Paul Derda Rec Center are conveniently close by too.
The specifics of 12844 King St Broomfield
The entry area from the garage or main door is very functional. A place to kick off rainboots, hang coats or pull on warm weather gear on the way in or out.
This 1410 square foot home meets all your needs. Whether you require an office/work space with it’s own bathroom located near the main entrance (perfect for appointments) or you want to make bedroom #3 a guest room with significant privacy, it can be accommodated.
Up one level, an open floor plan with cozy living room (gas fireplace) invites relaxation. Large windows invite you to indulge in the MOUNTAINS VIEW. Also importantly, they allow LOTS OF NATURAL SUNLIGHT to enter this home. It’s a sunny, welcoming space! Go ahead… Gaze out the window over the OPEN SPACE to the mountains and just breathe.
The well appointed kitchen features STAINLESS STEEL APPLIANCES and GRANITE COUNTERS. A cute balcony right off the kitchen is the perfect place to grill. The kitchen is functional, neat and has been well taken care of – everything in this home is in IMPECCABLE CONDITION!
Ever had that experience where you walk into a home and the views that you have been reading about can only be found in the kids rooms? Disappointed, you wonder why the floor plan was not reworked so the master enjoyed the mountains? Not here! The master bedroom has THE BEST VIEW! Large windows, 9’HIGH COFFERED CEILING and walk in closet with its own window and natural light greet you as you enter the master bedroom at 12844 King St Broomfield. The master bath features double sinks and easy-clean shower, but my favorite part is that there is SPACE to move around in the bathroom… It’s not small.
Down the hall is the 2nd bedroom. It overlooks the interior of the complex, but don’t be fooled, there is plenty of space between you and other units. It’s the perfect place for an office or a child’s room, with no shared walls with the master bedroom it offers a little more privacy while at the same time being close to the master suite.
Every now and then there are townhomes for sale here. Many of them only have 2 bedrooms, some are ground floor and have more challenging floor plans, others simply don’t offer the view of the mountains. In any case, you probably have questions about the number of sales, prices of sold townhomes, and average number of days on market, etc.
As you can see, in any given year somewhere between 3 and 12 townhomes sell at Westlake. That’s not many! Turnover is relatively low and like the rest of the real estate market, the Westlake Townhome market has experienced a decline in Days on Market as buyers rush to scoop up the low inventory.
Price per square foot is kind of hit and miss in this case. There is only a couple of different floor plans, so square footage on sold comps doesn’t vary too much. The difference in price per square foot comes from the condition of the units – wear and tear, upgrades etc and the fact that month on month, prices have been rising anyway.
And by rising… I mean rising! I will check back in with an update on average price for 2015 at the end of the year, but if it keeps going like this, I expect a 2-3 bedroom unit to be selling for an average of $265-275,000 in a short time.Right now there are two Westlake Townhomes listed for $270,000 and under contract… Expect closing between now and the first week in June.
Rent vs Buy
$1750 vs $1510
12865 King St (also a 3 bed, 4 bath 1400 sf unit) was listed for $270,000 and is under contract. It is currently rented for $1750/month.
With 20% down and a good credit score you are looking at a 30 year fixed interest rate of 4% as of today. The monthy mortgage (interest and principle), taxes, insurance and homeowners dues come to: $1510/month.