FREDERICK, Colo. -- The home of Christopher and Shanann Watts in Frederick will be auctioned off to the highest bidder in April, according to documents obtained from the Weld County Public Trustee’s Office.
Christopher Watts was sentenced to life in prison for killing his wife Shanann and their daughters 4-year-old Bella and 3-year-old Celeste, in their Frederick home on Aug. 13.
According to the documents obtained by FOX31, Christopher Watts was notified that his home would be sold at auction sometime this summer. Originally the documents said the home would be sold in April, but that date was pushed back.
The foreclosure notice said that Watts purchased the home in 2013 for $392,709 and still owes $349,938.
Local realtors told FOX31 that the property will go to someone that is willing to take on the risk associated with the home.
Homes in the neighborhood are currently selling for more than $500,000, but real estate agents say the murders may negatively impact the value.
"Does that cut out half the buyers? 90 percent of the buyers 70 percent we don’t know because, like I say, fortunately occurrences like this don’t take place very often so there’s not a lot of data," said realtor Greg Zadel.
Watts pleaded guilty to first-degree murder in the deaths of his wife and young daughters. The plea includes the unlawful termination of pregnancy for the death of Shanann’s unborn son, Nico.
Watts received life in prison without the possibility of parole, which will run consecutively, for three counts of first-degree murder for the deaths of Shanann, Bella, and Celeste.
He received two more concurrent life sentences for two other first degree murder charges for different theories in the deaths of Bella and Celeste.
The judge also sentenced Watts to 48 years, which will run consecutively to the other sentences, for the unlawful termination of a pregnancy, in the death of the son Shanann was pregnant with, whom family members have called Nico.
Watts also received 12-year sentences for three separate counts of tampering with a deceased body. Those sentences will run consecutively to the other sentences as well.
On Dec. 3, Christopher Watts was transferred to a Wisconsin prison.AlertMe