Date
Details
Price
Change
Source
5/03/2019
Sold
$602,600
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$897,500
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Property Description
Imagine living is this amazing two-story home in the sought-after Compass neighborhood. It's situated on a prime corner lot, backing to open space-and right across the street is a large field destined to become a future park. The home features a main floor bedroom and an upper level bedroom with an ensuite bathroom! The backyard is landscaped with drought-resistant dog-tough turf, so it never needs watering and stands up to active pets. Inside, you'll find a tandem 3-car garage, giving you space for extra storage or multiple vehicles. There's also a full, unfinished basement, ready for your own custom touches or extra room down the road. On the practical side, this home is built for longevity and ease. It features a new Class 4 roof with a 50-year warranty, and a highly efficient solar panel system to help lower utility costs and simplify upkeep. In short - durable, smartly designed, and ready for you.
Full Property Details
Full Property Details for 702 Drake Ave
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General
- Price: $897,500
- HOA FEE: $70/month
- Taxes: $8,553 (2025)
- Status: Active
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 6505922
- Updated: 2/1/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Kitchen Island, Pantry, Primary Suite, Quartz Counters, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room, Gas Log, Living Room, Gas Log, Living Room
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
- Bedrooms Main: 1
Other Rooms
- Laundry: Sink
Additional Information
- Security/Safety: Smart Locks
Exterior
- Exterior Features: Fire Pit, Garden, Lighting, Private Yard, Rain Gutters
- Porch/Patio/Deck: Covered, Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Features: Concrete, Lighted, Oversized, Tandem
Location
- County: Boulder
- Subdivision: Compass
School Information
- Elem School District: Boulder Valley RE 2
- Midd School District: Boulder Valley RE 2
- High School District: Boulder Valley RE 2
- Elementary School: Meadowlark
- Middle School: Meadowlark
- High School: Centaurus
Community
- Association: Yes
- Assoc. Name: Advanced Hoa
- Assoc. Fees Include: Maintenance Grounds, Recycling, Trash
- Pets Allowed: Yes
- Management Type: Professionally Managed
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Gas: Yes
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Internet Access (Wired), Natural Gas Connected
Structural Information
- Architectural Style: Contemporary
- Structure Type: House
- Builder: Lennar
- Model: StoneHaven
- Construction: Frame, Stone
- Basement: Yes
- Basement Desc.: Bath/Stubbed, Unfinished
- Roof: Composition
- Windows: Double Pane Windows, Egress Windows
- Square Feet: 4,293
- Sq. Ft. Source: Public Records
- Living Area: 3,139 Sq. Ft.
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,885
- Frontage: Public, Year Round
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Corner Lot, Landscaped, Level, Open Space, Sprinklers In Front, Sprinklers In Rear
- Zoning: Res
- Fencing (Description): Full
Financial Considerations
- Association Fee: Yes
- Association Fee: $70
- Assoc Fee Freq.: Monthly
- Assoc Fee /Annual: $840
- Tax Amount: $8,553
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Legal Description: LOT 11A BLOCK 9 COMPASS FILING 3 AMENDMENT 1
- Exclusions: Seller's personal property
- Property ID: R0610100
Listed by RE/MAX Alliance
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Listing agent
— 702 Drake Ave —
RE/MAX Alliance
randy@trahanrealestate.com
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Schools
Schools serving 702 Drake Ave
School District:Boulder Valley School District Re-2
| Name | Grades | Distance |
|---|---|---|
Meadowlark School 2300 Sweet Meadow Lane, Erie, CO 80516 | PK-8 | 1.6 mi |
Centaurus High School 10300 East South Boulder Road, Lafayette, CO 80026 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 Drake Ave
Tax History
Tax History for 702 Drake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,501
1%
$52,696
-7%
2023
$8,421
25%
$56,381
36%
2022
$6,712
-1%
$41,471
-3%
2021
$6,761
—
$42,664
7%
2021
$6,761
342%
$39,868
324%
2019
$1,531
358%
$9,395
363%
2018
$334
—
$2,030
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 Drake Ave
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702 Drake Avenue, Erie, CO 80516 (MLS# 6505922) is a Single Family property with 5 bedrooms and 4 full bathrooms. 702 Drake Avenue is currently listed for $897,500 and was received on January 31, 2026. Want to learn more about 702 Drake Avenue? Do you have questions about finding other Single Family real estate for sale in Erie? You can browse all Erie real estate or contact a Coldwell Banker agent to request more information.