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$715,000

940 Petras St Erie, CO 80516

4 beds
2 full, 1 partial
2,754 sqft
0.1 acres
$260 / sqft
House

Property details

About 940 Petras St

Huge Price Reduction and now the best value in Erie Commons! 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, two energy-efficient attic fans, 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!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,754 sqft
BasementYes
Lot size0.14 Acres
Year built2006
MLS #IR1037612
Attached garage2 spaces
FireplaceGas
ViewCity

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Kitchen Island, Walk-In Closet(s)
  • Fireplace: Gas
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • View: City
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $715,000
  • Price/SqFt: $259
  • HOA Amount: $175 Annually
  • Annual Tax Amount: $7,394
  • Tax Year: 2023
  • Year Built: 2006
  • Living Area: 2,754 SqFt
  • Lot Size: 0.14 Acres
  • MLS Number: IR1037612
  • MLS Name: RECOLORADO
  • Office Name: Coldwell Banker Realty- Fort Collins
  • Office Phone: (970) 223-6500
  • Listing Agent: Todd Patterson

IDX Listings courtesy of REColorado as distributed by MLS GRID.

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IDX ©2025 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:42:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 15, 2016
Home Sold
$460,000
Dec 27, 2006
Home Sold
$295,884

Tax history

YearAssessmentProperty Tax
2023$48,420$7,394
2022$34,530$5,696
2021$35,510$5,775
2020$33,690$5,453
2019$33,930$5,081
2018$31,310$5,003
2017$31,310$4,709

History based on county public records data.

Nearby schools

8

Red Hawk Elementary School

Public District PK-5

1.2 mi

1500 Telleen Ave

10

Erie Elementary School

Public District PK-5

1.3 mi

4137 County Line Rd

9

Black Rock Elementary School

Public District PK-5

2.5 mi

2000 Mountain View Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $128,526. Typical income of Erie, CO residents is between $100k-200k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

3%
<35k
27%
35k-100k
57%
100k-200k
13%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

15%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
40%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
47%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA
  • College FootballCollege Football

Where do the neighbors shop?

  • BJs Wholesale ClubBJs Wholesale Club
  • Stein MartStein Mart
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • PaneraPanera
  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • InfinitiInfiniti
  • LexusLexus
  • RamRam

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • OldiesOldies
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

About 940 Petras St

The listing price of 940 Petras St property is $715,000.

The property 940 Petras St is a house located in Erie, Colorado, 80516.

Active Listing: 940 Petras St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 940 Petras St are: Red Hawk Elementary School (GreatSchools Rating 8/10), Erie Elementary School (GreatSchools Rating 10/10), Black Rock Elementary School (GreatSchools Rating 9/10), Aspen Ridge Preparatory School (GreatSchools Rating 5/10), Erie Middle School (GreatSchools Rating 6/10), Meadowlark School (GreatSchools Rating 7/10), Erie High School (GreatSchools Rating 7/10), Prospect Ridge Academy (GreatSchools Rating 8/10), Peak to Peak Charter School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $7,394 (source: MLS/based on county public records data).

The last sale was on August 15, 2016 for $460,000 (source: MLS/tax record).

The property at 940 Petras St has 4 bedrooms and 2 full and 1 half bathrooms.

The property 940 Petras St is 2,754 SqFt (source: MLS/tax record).

The year of construction for 940 Petras St is 2006.

This home is located at 940 Petras St in Erie, CO and zip code 80516 in the Erie Commons neighborhood. This 2,754 square foot home, which was built in 2006, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $715,000.

In June 2025, from all listings sold in Erie, CO there were more than 16 sold above asking price, over 44 sold below and more than 19 were sold right at the asked price. The inventory of homes for sale in Erie, CO between May and June 2025 decreased by 2.2%. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $709,000.

From Rocket Homes Real Estate and based on county public records data.

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