Huge Price Reduction and now the best value in Erie Commons! Move in ready!Welcome to 940 Petras Street, a beautifully maintained 4-bedroom, 3-bathroom home nestled in the desirable Erie Commons neighborhood. This location can't be beat1 1/2 a block from the community pool and Leigh park which is one of the nicest parks in Erie! 15 minute walk (or 2 min drive) to the community center/rec center, skate park and library. Less than a block to coal creek trail- which connects Erie to Lafayette, Louisville, Superior and even chautauqua open space park (you can take the trail the entire way to the park without ever getting on a road). Behind the coal creek trail are the single tracks for people that like dirt biking. The trail also connects to downtown Erie, so you can ride your bike with the kids on the trail to shops, restaurants, ice cream, and the big new splash pad they just built. The home offers over 2,750 sq ft of thoughtfully designed living space, featuring soaring vaulted ceilings, a chef's kitchen with granite counter island, and a cozy great room perfect for entertaining. Formal Dining Room, hardwood floors, and open floor plan! The home has been refreshed with new exterior paint, some windows were replaced, new carpet and lots more! The main floor includes a private office with French doors-ideal for working from home or converting into a 5th bedroom. Upstairs, retreat to a spacious primary suite with a five-piece bath, sitting area, and large walk-in closet. Three additional bedrooms and a conveniently located laundry room complete the upper level .Enjoy central A/C, and an insulated 2-car garage. The landscaped yard and covered front porch offer the perfect balance of curb appeal and outdoor potential. Located just minutes from charming downtown Erie, parks, trails, and schools-this home checks every box!
Sold for $685,000
$685,000
940 Petras St, Erie, CO 80516
4beds
4,184sqft
Single Family Residence
Built in 2006
6,242 Square Feet Lot
$689,400 Zestimate®
$164/sqft
$3,718 Estimated rent
Home value
$689,400
$655,000 - $724,000
$3,718/mo
Zestimate® history
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$4,114/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Todd Patterson 970-217-9811,
Coldwell Banker Realty- Fort Collins
Bought with:
Bernadette Melton, 100069660
Compass-Denver
Source: IRES as distributed by MLS GRID,MLS#: 1037612
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Description: Carpet
- Features: Full Primary Bath
- Level: Upper
- Area: 357 Square Feet
- Dimensions: 21 x 17
Bedroom 2
- Description: Carpet
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13 x 10
Bedroom 3
- Description: Carpet
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 12 x 12
Bedroom 4
- Description: Carpet
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12 x 11
Dining room
- Description: Wood
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15 x 19
Family room
- Description: Carpet
- Level: Main
- Area: 330 Square Feet
- Dimensions: 15 x 22
Kitchen
- Description: Tile
- Level: Main
- Area: 198 Square Feet
- Dimensions: 11 x 18
Laundry
- Description: Tile
- Level: Upper
Living room
- Description: Wood
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16 x 12
Study
- Description: Carpet
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14 x 10
Heating
- Forced Air
Cooling
- Central Air, Whole House Fan
Appliances
- Included: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Features
- Walk-In Closet(s), Kitchen Island
- Flooring: Wood
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,754
- Total interior livable area: 4,184 sqft
- Finished area above ground: 2,754
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
- Details: Attached
Accessibility
- Accessibility features: Main Level Laundry
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Deck
- Fencing: Partial
- Has view: Yes
- View description: City
Lot
- Size: 6,242 Square Feet
- Features: Paved, Curbs, Gutters, Sidewalks, Street Light
Details
- Parcel number: R3503205
- Zoning: res
- Special conditions: Private Owner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Legal Conforming
- Property subtype: Single Family Residence
Materials
- Frame, Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: XCEL
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available, High Speed Avail
Community & HOA
Community
- Features: Trail(s)
- Security: Fire Alarm
- Subdivision: Erie Commons Fg#1 Rplt B Final
HOA
- Has HOA: Yes
- Services included: Common Amenities
- HOA fee: $112 monthly
Location
- Region: Erie
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $687,030
- Annual tax amount: $7,595
- Date on market: 6/25/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $685,000-2.1%$164/sqft |
Source:  IRES as distributed by MLS GRID #1037612 Report a problem | ||
| 8/30/2025 | Pending sale | $699,500$167/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1037612 Report a problem | ||
| 8/13/2025 | Price change | $699,500-0.1%$167/sqft |
Source: REcolorado as distributed by MLS GRID #IR1037612 Report a problem | ||
| 7/24/2025 | Price change | $699,900-2.1%$167/sqft |
Source: IRES as distributed by MLS GRID #1037612 Report a problem | ||
| 7/12/2025 | Price change | $715,000-2%$171/sqft |
Source: IRES as distributed by MLS GRID #1037612 Report a problem | ||
| 6/25/2025 | Listed for sale | $729,900+58.7%$174/sqft |
Source: IRES as distributed by MLS GRID #1037612 Report a problem | ||
| 8/15/2016 | Sold | $460,000+55.5%$110/sqft |
Source: Public Record Report a problem | ||
| 12/27/2006 | Sold | $295,884$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,652 +0.8% | $42,050 -2.1% |
| 2025 | $7,595 +2.7% | $42,940 -10.4% |
| 2024 | $7,395 +29.8% | $47,950 -1% |
| 2023 | $5,697 -1.4% | $48,420 +40.2% |
| 2022 | $5,775 +5.9% | $34,530 -2.8% |
| 2021 | $5,453 | $35,510 +5.4% |
| 2020 | $5,453 +7.3% | $33,690 |
| 2019 | $5,081 -7.4% | $33,690 +7.6% |
| 2018 | $5,486 +8% | $31,310 |
| 2017 | $5,081 +1.6% | $31,310 +3.6% |
| 2016 | $5,003 +8.4% | $30,220 |
| 2015 | $4,616 +15.5% | $30,220 +16.1% |
| 2014 | $3,998 | $26,040 |
| 2013 | -- | $26,040 +4.5% |
| 2012 | -- | $24,910 |
| 2011 | -- | $24,910 -3.4% |
| 2010 | -- | $25,800 |
| 2009 | -- | $25,800 -3.8% |
| 2008 | -- | $26,830 +55.4% |
| 2007 | -- | $17,270 +12235.7% |
| 2006 | -- | $140 |
Find assessor info on the county website
Neighborhood: 80516
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Nearby schools
GreatSchools rating
- 7/10Red Hawk ElementaryGrades: PK-5Distance: 1.3 mi
- 6/10Erie Middle SchoolGrades: 6-8Distance: 1.2 mi
- 8/10Erie High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Red Hawk
- Middle: Erie
- High: Erie
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$689,400
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Estimated market value
$689,400
- Colorado
- Weld County
- Erie
- 80516
- 940 Petras St
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